Banking Services Operations Associate II - Lockbox Processor

@ 001 Manufacturers and Traders Trust Co
001 Manufacturers and Traders Trust Co001manufacturersandtraderstrustco.com

Banking Services Operations Associate II - Lockbox Processor

Bridgeport, CT
Posted 1 week ago

About the job

M&T Bank offers financial services focusing on payments processing and customer account management. The role involves processing deposits, data entry, and adhering to risk standards in a supportive environment.

Requirements

  • High School diploma or GED
  • 1+ year general work experience

Qualifications

  • Attention to detail
  • Ability to follow instructions

Full job description

Schedule:

Monday through Friday 8:30AM – 5PM.


Overview:

Prepares and processes payments according to account specifications for Lockbox customers.


Primary Responsibilities:

  • Open and prepare deposits for processing using customer specific documented instructions.
  • Key deposit batch information into Lockbox application.
  • Capture check and document images utilizing high-speed imaging equipment.
  • Complete data entry based on customer specific documented instructions.
  • Complete check keying including dollar amounts and MICR line information.
  • Process credit card transactions utilizing merchant services application.
  • Review and prepare completed deposits for return to customer.
  • Prepare, balance and send customer data transmissions.
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Education and Experience Required:

Minimum of a High School diploma or equivalent (GED) and a minimum of 1 year general work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $21.00 - $34.54 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Bridgeport, Connecticut, United States of America
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