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Eastern Bank

Corporate banking with cash management.

Lockbox Operations Processor

Data EntryConfirmed live in the last 24 hours
Full-timeMedford, MA, USA$21.50In-person

About the Job

Requirements

  • The position requires manual dexterity, attention to detail, organizational skills, basic adding-machine skills, and the ability to meet processing standards.
  • The candidate must have communication skills, prioritize tasks, follow direction, and work in a fast-paced environment.
  • The candidate must be flexible and able to perform varied clerical duties during the shift and move between tasks in a high-production environment.
  • The candidate must interact effectively with team members, follow verbal direction, and read company procedures related to customer business requirements.
  • The candidate must meet customer deadlines while working independently and as part of a team.
  • A flexible schedule is required to meet business needs.
  • The employee must occasionally lift or move up to 25 pounds.

Responsibilities

  • Open, sort, and balance customer remittances according to bank and customer procedures and deadlines.
  • Use an adding machine to balance multiple transactions and label them with the appropriate batch header.
  • Review processable returns for accuracy and complete a Return Item Notification form.
  • Prepare manual deposits for payments received without a document.
  • Prepare checks for data-entry processing.
  • Sort customer payments according to customer specifications.
  • Review and prepare counterwork for processing.
  • Record daily production on an Employee Production Report and submit it to the supervisor at the end of the shift for review and approval.
  • Sort and prepare mail by P.O. Box for distribution to the mail-opening operation.
  • Perform 10-key data entry for customer payments while meeting quality and productivity standards.
  • Enter detailed payment information from remittance documents according to customer specifications.
  • Monitor and ensure compliance with applicable federal and state laws and regulations, including the Bank Secrecy Act and Anti-Money Laundering requirements, and bank operating policies and procedures.
  • Perform other duties as assigned.

About the Company

Eastern Bank

Corporate banking with cash management.

Eastern Bank offers consumer, small business, and commercial banking in Greater Boston and New England, including Innovation Banking and cash-management services. It uses a relationship-based lending approach that weighs both numbers and qualitative factors, and its business clients get cash-management tools to speed collections, streamline disbursements, and optimize funds, all via online and mobile banking with support from a dedicated Business Services Team. The bank differentiates itself through a broad 109-branch regional network, a focus on relationship-based lending, specialized Innovation Banking, tailored cash-management solutions, and strong digital tools. Its goal is to help individuals and businesses manage their finances effectively and support growth by delivering a full range of banking services.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Boston, MA
Founded
1818

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