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Financial Transaction Processing Jobs in New York

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Financial Transaction Processing information

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$13

$21

$34

How much do financial transaction processing jobs pay per hour?

As of Jul 1, 2026, the average hourly pay for financial transaction processing in New York is $21.34, according to ZipRecruiter salary data. Most workers in this role earn between $17.88 and $22.07 per hour, depending on experience, location, and employer.

What is financial transaction processing?

Financial transaction processing refers to the systematic handling of financial transactions such as payments, deposits, withdrawals, and fund transfers. This process ensures that all monetary exchanges are conducted securely, accurately, and in compliance with regulatory standards. It involves various technologies and protocols to record, verify, and settle transactions between individuals, businesses, and financial institutions. Financial transaction processors play a crucial role in supporting banking operations, e-commerce, and other financial services by facilitating seamless and efficient movement of funds.

What are some common challenges faced in a Financial Transaction Processing role and how can they be managed?

Professionals in Financial Transaction Processing often encounter challenges such as managing high transaction volumes, ensuring accuracy under tight deadlines, and adhering to strict compliance and regulatory requirements. Attention to detail and effective time management are essential to avoid errors and ensure timely processing. Collaborating closely with other departments, such as compliance and IT, helps address discrepancies swiftly and maintain smooth workflow. Regular training and staying updated on regulatory changes also support success and minimize potential issues.

What are the key skills and qualifications needed to thrive in Financial Transaction Processing, and why are they important?

To thrive in Financial Transaction Processing, strong analytical abilities, attention to detail, and a background in finance or accounting are essential, often supported by a bachelor’s degree. Familiarity with transaction processing systems, financial software like SAP or Oracle, and compliance standards such as AML and KYC is typically required. Effective communication, problem-solving, and organizational skills help professionals manage high volumes of transactions accurately and efficiently. These skills ensure accuracy, regulatory compliance, and operational efficiency in handling sensitive financial data.

What is the difference between Financial Transaction Processing vs Financial Data Analyst?

AspectFinancial Transaction ProcessingFinancial Data Analyst
Primary RoleHandling and processing financial transactions such as payments, deposits, and withdrawalsAnalyzing financial data to identify trends, patterns, and insights
Required SkillsAttention to detail, knowledge of banking systems, basic accountingData analysis, Excel, financial modeling, reporting skills
Work EnvironmentBanking institutions, payment processing companiesFinancial services firms, consulting agencies, corporate finance departments
CertificationsGenerally not required, but certifications like CFP or CPA can helpFinancial certifications like CFA, CPA, or data analysis certifications

Financial Transaction Processing focuses on executing and managing financial transactions efficiently, while Financial Data Analysts interpret financial data to support decision-making. Both roles require attention to detail but differ in their core functions and skill sets.

What are popular job titles related to Financial Transaction Processing jobs in New York? For Financial Transaction Processing jobs in New York, the most frequently searched job titles are:
What job categories do people searching Financial Transaction Processing jobs in New York look for? The top searched job categories for Financial Transaction Processing jobs in New York are:

Backend Engineer - Card Transaction Processing

Etherfi

New York, NY • On-site

$170K - $200K/yr

Full-time

Medical, Dental, Vision

Posted 29 days ago


Job description

About us:
Ether.fi is one of the largest crypto companies in the world. We have over $10B in assets under management and a team of 30 almost all technical staff. We've been profitable day one and are focusing on building real consumer applications.
The future we envisage is true on-chain banking. Our current products; Stake, Liquid, and Cash enable users to earn yield in a variety of DeFi strategies, and spend their assets in the real world with our credit cards. You can view public analytics on Dune for Cash and Stake.
Position overview:
We're looking for a senior full backend software engineer to own core backend architecture, card transaction processing and high availability. You will belong to a key engineering team focusing on delivering distributed, scalable and robust backend systems. Everything from card transaction processing, low latency apis, microservice architectures and on-chain data indexing. Anything that a neobank would build is on our roadmap.
What you'll do:
  • Own core areas of our backend systems, and extend current functionality to improve throughout and latency
  • Design, develop, and optimize scalable transaction processing services to support high-throughput, low-latency financial transactions.
  • Tackle the challenges in user frictions for their card transactions being declined
  • Drive improvements in our Cloud Infrastructure, CI/CD pipelines, automation, observability, and monitoring systems.

What we are looking for:
  • Strong fundamentals in software engineering and problem solving
  • You have shipped impressive products with thousands of real users
  • 5+ years of professional coding experience
  • Drive, willingness to work hard and go the extra mile. We are a highly ambitious, driven team with audacious goals, and we work very hard to make them a reality
  • Plus if you are experienced in credit card transaction processor such as Paymentology, Episode 6, etc.
  • Plus if you are experience in card issuing side

Perks and benefits:
  • Competitive salary, performance-based incentives, and token allocation grant
  • Opportunity to work on multi-billion dollar products as part of a small team
  • Health, dental, and vision insurance plans
  • Global team with opportunity for travel and working out of our 3 offices around the world
  • 4 weeks work from anywhere
  • Exciting company events and team-building off-sites