Payment Operations Manager information
See Chicago, IL salary details
$42.2K is the 25th percentile. Wages below this are outliers.
$40.2K - $48.4K
20% of jobs
The median wage is $54.4K / yr.
$48.4K - $56.6K
14% of jobs
$56.6K - $64.8K
9% of jobs
$74.7K is the 75th percentile. Wages above this are outliers.
$73K - $81.2K
6% of jobs
$81.2K - $89.4K
6% of jobs
$89.4K - $97.6K
4% of jobs
$97.6K - $105.8K
3% of jobs
$105.8K - $114K
2% of jobs
$114K - $122.2K
4% of jobs
How much do payment operations manager jobs pay per year?
As of Aug 13, 2026, the average yearly pay for payment operations manager in Chicago, IL is $65,421.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,300.00 and $79,900.00 per year, depending on experience, location, and employer.
A Payment Operations Manager oversees the day-to-day activities related to processing financial transactions within an organization. They ensure that payments are handled efficiently, securely, and in compliance with relevant regulations. Their responsibilities often include managing a team, optimizing payment processes, handling payment disputes, and working closely with other departments such as finance and compliance. Additionally, they may be involved in implementing new payment technologies and maintaining relationships with banks and payment service providers.
Payment Operations Managers often encounter challenges such as maintaining accuracy under high transaction volumes, keeping up with ever-evolving compliance regulations, and quickly resolving payment discrepancies. They must also ensure that payment systems are secure and that all team members are trained on the latest protocols. Effective communication and collaboration with IT, finance, and customer service teams are crucial to proactively address issues and maintain smooth payment flows.
To excel as a Payment Operations Manager, you need a strong background in financial operations, payment processing, and risk management, often backed by a degree in finance or a related field. Familiarity with payment platforms (such as SWIFT, ACH, or SEPA), ERP systems, and compliance certifications like AML or PCI DSS are typically required. Outstanding analytical skills, attention to detail, and leadership abilities help in managing teams and resolving complex payment issues efficiently. These skills ensure secure, accurate, and compliant transaction processing, safeguarding the company’s financial integrity and customer trust.
What are popular job titles related to Payment Operations Manager jobs in Chicago, IL?
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What cities near Chicago, IL are hiring for Payment Operations Manager jobs?
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