Payment Processing Specialist (Lockbox Operations)

Five Star Bank; Town of Warsaw (NY); On-site; USD 23,000 - 25,000; Full time

Job summary

Five Star Bank in Warsaw, NY is seeking a dedicated Lockbox Processor to handle client receivables deposits and internal loan payments. You will generate monthly reports, prepare remittance, and ensure accurate processing with Lockbox software while upholding service standards.

The role requires basic computer skills, high school diploma, and reliable data entry ability. Strong attention to detail and confidentiality are essential. Join us for a full-time position in Deposit Operations.

Qualifications

• High school diploma or equivalent is required.
• Demonstrated proficiency in utilizing a computer/keyboard.

Responsibilities

• Processes and keys Lockbox client receivables deposits and customer internal loan payments utilizing Lockbox software.
• Prepares remittance and correspondence related to processed receivables and distributes to Lockbox clients daily.
• Generates and reviews monthly reports. Escalate any discrepancies to the Senior Lockbox Processor.
• Demonstrates Five Star Bank Experience standards in every interaction with customers and associates.
• Other duties as assigned.

Skills

Data entry

Keyboard proficiency

Attention to detail

Confidentiality

Initiative

Problem solving

Communication

Education

High school diploma or equivalent

Tools

Microsoft Office

Banking software

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Payment Processing Specialist (Lockbox Operations)

Warsaw - 10 Lockbox FT Regular Full-Time Operations Warsaw, NY, US

Salary Range: $16.55 To $18.50 Hourly

The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.

Position Title: Lockbox Processor

Reports To: Lockbox Supervisor

Department: Deposit Operations

FLSA Status: Non-Exempt

Purpose:

The Lockbox Processor is responsible for the processing and reporting of receivables for commercial/municipal Lockbox clients and Bank customer internal loan payments.

Supervisory Responsibilities:

Degree of Supervision Received: Moderate to High

• Supervision Received (title): Lockbox Supervisor

Degree of Supervision Given: None

• Supervision Given to (Titles): N/A

Essential Functions:

• Processes and keys Lockbox client receivables deposits and customer internal loan payments utilizing Lockbox software.
• Prepares remittance and correspondence related to processed receivables and distributes to Lockbox clients daily.
• Generates and reviews monthly reports. Escalate any discrepancies to the Senior Lockbox Processor
• Demonstrates the standards and principles of the Five Star Bank Experience in every interaction with internal and external customers and associates. Incorporates the high-performance behaviors of teamwork, leading by example and service in every facet of work.
• This job description is not exhaustive. The Lockbox Processor may be required to perform other duties as assigned.

Job Related Qualifications – Education and Prior Experience:

Required:

• Education: High school diploma or equivalent
• Prior Experience: Demonstrated proficiency in utilizing a computer/keyboard

Preferred:

• Prior Experience: 1+ years of data entry or customer service experience
• Possess strong keying skills with a high level of attention to detail to ensure accuracy
• Able to maintain confidentiality at all times
• Ability to take initiative in problem solving and make practical decisions
• Strong verbal and written communication skills
• Possess a high level of attention to detail with the ability to follow detailed instructions/procedures to ensure accuracy
• Intermediate level with all Microsoft Office applications including the ability to learn new and existing banking software
• Responds to requests for information in a timely and professional manner
• Dependable in meeting attendance requirements and schedules established for the department

Physical Requirements:

• Able to regularly sit for prolonged periods of time.
• Able to regularly stand for prolonged periods of time.