
Description
If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.
The Opportunity
Lockbox Operations are responsible for handling client's remittances. Remittances are opened manually or by using an automated Opex 5051 extractor, following specific instructions provided by the client. Remittances are reviewed for acceptance or rejection of payments, based on processing instructions, while ensuring all assigned work, i.e. envelopes, checks, invoices, credit card voucher and correspondence, is batched correctly and completed in a timely manner.
The Responsibilities
- Performs standard closing procedures that may include a quality review to ensure all printed images and reports are legible and ensure re-association, packaging and mailing of client processed remittances meets the various client requirements.
- Ability to operate, with minimal supervision automated capture equipment and mail sorters.
- Responsible for keying standard to complex data from client invoice
- Check image or credit card voucher at 99% accuracy rate and balancing accounts using application based technologies,
- Validates payees, performs data corrections on system misread items, reviews system production monitor to ensure timely processing of deadline specific accounts.
The Qualifications
- Minimum 1 year of banking, payment or account receivable processing experience
- Must be able to read, understand and follow written and verbal instructions.
- Must adhere to client specific deadlines, schedules and the quality requirements of the department.
- Must have basic computer skills and the ability to work with on-line systems in an efficient manner.
- Requires some lifting, up to 30 lbs.
- Must have the ability to focus on a specific task, and to work independently and under pressure in order to meet departmental and client specific deadlines.
- Lockbox Operations or Manual Remittance processing is ideal
- Experience extracting payments from envelopes and then matching the invoice information to scan
- Preparing payment information for scanning
- Data Entry
- Handling payment processing
- Comfortable handling physical mail for payment processing
- Minimum 1 year of banking, payment or account receivable processing experience
- Minimum 1 year experience in MS Office, Excel, Word
This is the pay range that Magnit reasonably expects to pay for this position: $24.22/hour - $29.96/hour
Benefits: Medical, Dental, Vision, 401K
QUALIFICATION/LICENSURE
Work Authorization : US Citizen, Other valid work visa
Preferred years of experience : 1 years
Travel required : No travel required
Shift timings :
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