Transaction Specialist II

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Chicago, IL, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Process high-volume lockbox transactions, including checks, remittances, document imaging, data entry, reconciliation, image validation, and exception research. Follow client procedures, verify negotiability, maintain productivity and quality standards, and escalate issues. The role also supports workflow improvements and team coverage while requiring sustained attention to detail in a structured processing environment.
Summary Generated by Built In

Be part of a team that helps organizations accelerate collections and improve the speed and accuracy of cash posting. You will support a high-volume processing environment where quality, attention to detail, and collaboration matter every day. This role offers hands-on work with imaging and extraction technology and opportunities to improve processes. You will help deliver reliable outcomes that strengthen client trust. If you thrive in structured, deadline-driven work, this role is a strong fit.

Job summary

As a Transactions Specialist II in the lockbox operations team, you process daily document transactions that support timely deposit and accurate posting of payment information. You apply judgment to complete moderately complex tasks with limited direct supervision while following documented procedures and client instructions. You focus on accuracy, productivity, and continuous improvement to help the team deliver consistent service quality.

Job responsibilities
  • Operate imaging and extraction equipment and supporting systems (e.g., iTRAN, IBML, OPEX scanners) to process daily work.
  • Prepare work batches by opening envelopes and extracting checks and remittances in accordance with procedures.
  • Perform data entry and update systems by following standard operating procedures and client-specific instructions.
  • Verify check negotiability by applying documented client and processing guidelines.
  • Re-associate check images to corresponding documents and validate image quality and completeness.
  • Balance and reconcile electronic records with paper documentation to ensure accurate totals and traceability.
  • Review and analyze processed items to confirm accuracy and completeness, escalating exceptions as needed.
  • Conduct non-routine research to resolve breaks, missing information, or processing exceptions.
  • Recommend workflow or procedural improvements that enhance quality, efficiency, and risk controls.
  • Meet daily productivity and quality standards while maintaining a strong focus on detail and rework prevention.
  • Collaborate with teammates and leaders to achieve team goals and support coverage across processing activities.
Required qualifications, capabilities and skills
  • Ability to work in a production processing environment with daily time, quality, and accuracy expectations.
  • Ability to follow detailed written procedures and client-specific instructions consistently and precisely.
  • Intermediate computer skills, including working knowledge of Microsoft Office applications.
  • Intermediate QWERTY keyboard skills and basic 10-key data entry capability.
  • Strong attention to detail, including the ability to perform repetitive tasks with sustained accuracy.
  • Ability to complete multiple manual tasks per transaction with consistent precision and quality control.
  • Effective written and verbal communication skills to document issues and escalate exceptions appropriately.
  • Strong organizational skills, including the ability to prioritize work to meet deadlines.
  • Flexibility and willingness to learn and support multiple processing activities as business needs change.
  • Ability to work the following schedule: Monday–Friday, 7:00 a.m.–3:30 p.m.
  • Ability to perform essential physical requirements of the role, including sitting up to 90% of the time, standing up to 10%, walking up to 15%, and lifting up to 50 pounds (up to 15% of the time).
Preferred qualifications, capabilities and skills
  • Remittance processing experience or banking operations experience.
  • Prior experience working with lockbox, document processing, or payment operations workflows.
  • Familiarity with imaging/extraction equipment and basic image-quality validation practices.
  • Experience performing reconciliation and exception handling in a transaction processing environment.
  • Experience working effectively with diverse teams in a structured operations setting.

Additional Information
 

Schedule:
Mon-Fri: 7am-330 pm
 

Security Clearance Requirement:

A Government Security Clearance, including Public Trust clearance, will be required for this position. As a condition of employment, the selected candidate must successfully complete a comprehensive background screening to obtain the necessary clearance. This process includes, but is not limited to:

  • Fingerprints
  • Credit check
  • Proof of U.S. Citizenship, Acceptable documents may include a U.S. passport, certificate of naturalization, or original/certified birth certificate.
  • Verification of employment history
  • Educational background
  • Criminal record check
  • Tax filing history (possibly)
  • References
  • Information on relatives including citizenship  
  • 7 Year Travel History
  • 7 Year Residence History
  • Government interview completion and favorable background investigation.
  • Other relevant verifications as mandated by federal requirements

Employment is contingent upon the candidate’s ability to meet all requirements for government security and Public Trust clearance. Following hire, failure to maintain this clearance may result in termination of employment.

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • Ability to work in a production processing environment with daily time, quality, and accuracy expectations
  • Ability to follow detailed written procedures and client-specific instructions consistently and precisely
  • Intermediate computer skills, including working knowledge of Microsoft Office applications
  • Intermediate QWERTY keyboard skills and basic 10-key data entry capability
  • Strong attention to detail and ability to perform repetitive tasks accurately
  • Ability to complete multiple manual tasks per transaction with consistent precision and quality control
  • Effective written and verbal communication skills
  • Strong organizational skills and ability to prioritize work to meet deadlines
  • Flexibility and willingness to learn and support multiple processing activities
  • Availability to work Monday through Friday, 7:00 a.m. to 3:30 p.m.
  • Ability to sit up to 90%, stand up to 10%, walk up to 15%, and lift up to 50 pounds up to 15% of the time
  • Remittance processing or banking operations experience
  • Lockbox, document processing, or payment operations workflow experience
  • Familiarity with imaging and extraction equipment and image-quality validation
  • Experience with reconciliation and exception handling in transaction processing
  • Experience working effectively with diverse teams in a structured operations setting
  • Ability to obtain and maintain a Government Security Clearance, including Public Trust clearance
  • U.S. citizenship and successful completion of comprehensive background screening

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Medical coverage and wellness resources, including mental-health support and wellness incentives, are described as comprehensive and accessible; feedback suggests income-based contributions help keep care affordable.
  • Retirement Support — A dollar-for-dollar 401(k) match up to 5% of eligible pay, plus additional employer contributions in some cases, is highlighted as a strong pillar of financial security. Feedback suggests this structure is a notable advantage of the total rewards package.
  • Parental & Family Support — Up to 16 weeks of paid parental leave for all parents, along with fertility, adoption, surrogacy, childcare, and family-support resources, signals a family-forward approach. Feedback suggests these programs are a standout feature of the package.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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