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Lockbox Remittance Specialist

Busey Bank
United States, Illinois, Glenview
800 Waukegan Road (Show on map)
Dec 30, 2024

Position Summary

The Lockbox Remittance Specialist I handles the servicing of all lockbox clients. You would be expected to maintain a high level of production and accuracy while preparing customers mailed in paper checks for deposit. Duties & Responsibilities

Payment Preparations and Processing

  • Sort incoming mail into correct customer bin.
  • Prepare batches of work by removing payments and forms from envelopes
  • Process all lockbox deposits from direct and indirect customers.

Quality Assurance Processing Measures

  • Follow standard operating procedures and customer specific instructions through data entry.
  • Verifying checks through customer specific instructions for processing
  • Balance/reconcile electronic and paper documentation.
  • Analyze information to determine accuracy and completeness of work.
  • Conduct non-routine research.
  • Operate high-speed imaging/ extraction Opex equipment.
  • Re-associate check images to corresponding material while validating quality of images.
  • Maintain HIPAA and confidentiality of customer account information; follow established policies and procedures as related to internal audits and security.

Team Support:

  • Lend help to immediate team/team members, as needed.
Education & Experience

Knowledge of:

  • Strong oral and written communication skills
  • Excellent organizational skills
  • Keen sense of quality control and practices
  • Attention to detail and focus on meeting deadlines.

Ability to:

  • Analyze and comprehend client's standard operating procedures and instructions
  • Complete multiple manual tasks per transaction and/or client with precision
  • Ability to sit, stand, and walk for long periods of time
  • Be a team player and maintain a positive attitude at all times
  • Make judgment calls regarding routine duties but refer non-routine situations to asupervisor and/or manager

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

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