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Senior Transaction Processor Jobs in Chicago, IL

Supervise, mentor, and develop Transaction Services Senior Associates and Associates. * Provide ... Implement best practices and contribute to process improvements within the Transaction Services ...

Supervise, mentor, and develop Transaction Services Senior Associates and Associates. * Provide ... Implement best practices and contribute to process improvements within the Transaction Services ...

Senior Accountant

Mundelein, IL

$75K - $94K/yr

Role Summary The Senior Accountant plays a critical role in overseeing and managing advanced ... transaction processing. * Oversee the maintenance of the general ledger and subledgers, ensuring ...

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Senior Transaction Processor information

See Chicago, IL salary details

$13

$20

$32

How much do senior transaction processor jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for senior transaction processor in Chicago, IL is $20.09, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $20.82 per hour, depending on experience, location, and employer.

What jobs pay $10,000 a month without a degree?

Senior Transaction Processor roles can pay $10,000 or more per month, especially with experience and specialized skills in financial systems, data management, or processing large transaction volumes. These positions often require strong organizational skills, attention to detail, and proficiency with relevant software but may not require a formal degree. High earnings in such roles depend on industry, location, and individual performance.

How much does a transaction processor make at Fidelity?

A transaction processor at Fidelity typically earns an average salary of around $50,000 to $60,000 per year, depending on experience and location. The role involves processing financial transactions accurately and efficiently, often requiring familiarity with financial software and attention to detail.

What does a Senior Transaction Processor do?

A Senior Transaction Processor is responsible for overseeing and handling complex financial or administrative transactions within an organization. Their duties often include verifying transaction accuracy, resolving discrepancies, maintaining records, and ensuring compliance with company policies. They may also mentor junior staff, assist with process improvements, and act as a liaison between departments. This role requires strong attention to detail, organizational skills, and a thorough understanding of relevant systems and regulations.

What are the key skills and qualifications needed to thrive as a Senior Transaction Processor, and why are they important?

To thrive as a Senior Transaction Processor, you need strong attention to detail, advanced data entry skills, and a solid understanding of financial or transactional processes, often supported by relevant experience or a business administration background. Familiarity with transaction processing systems, databases, and tools like Excel or specialized financial software is essential. Excellent organizational skills, problem-solving abilities, and effective communication are soft skills that help manage complex workflows and resolve discrepancies. These qualifications ensure accuracy, efficiency, and compliance in handling high-volume transactions, which is critical for organizational integrity.

What jobs pay $500,000 a year in the US?

Senior transaction processors typically do not earn $500,000 annually; such high salaries are usually associated with executive roles, investment bankers, or specialized professionals in finance and technology. High-paying jobs often require advanced skills, extensive experience, and sometimes bonuses or profit sharing. Compensation at this level is rare outside top executive or highly specialized roles.

What jobs in the US pay 300,000 a year?

Senior Transaction Processors in finance or banking can reach annual salaries of $300,000 or more, especially with experience, bonuses, and performance incentives. High-level roles such as investment bankers, financial managers, and certain corporate executives also often earn this level of compensation, typically requiring advanced skills, certifications, and extensive industry experience.

What is the difference between Senior Transaction Processor vs Transaction Processor?

AspectSenior Transaction ProcessorTransaction Processor
Required CredentialsHigh school diploma; some roles prefer certifications in finance or bankingHigh school diploma or equivalent; on-the-job training
Work EnvironmentBanking or financial institutions; office settingFinancial institutions, back-office operations; office setting
Employer & Industry UsageCommon in banking, finance, and investment firmsWidely used in banking, insurance, and financial services
Search & Comparison IntentOften searched for by those seeking advanced roles or career progressionBasic role, often searched by entry-level job seekers

The main difference between a Senior Transaction Processor and a Transaction Processor lies in experience and responsibilities. Senior Transaction Processors typically handle more complex transactions, oversee junior staff, and may require additional certifications. Transaction Processors perform routine transaction processing tasks. Both roles are common in banking and financial services, but the senior position offers greater responsibility and expertise.

What are some common challenges faced by Senior Transaction Processors and how can they be addressed?

Senior Transaction Processors often handle high volumes of complex transactions, requiring strong attention to detail and adherence to tight deadlines. A common challenge is managing discrepancies or errors efficiently while maintaining data integrity. Effective communication with team members and other departments is crucial for resolving issues promptly. Staying up to date with evolving company policies and industry regulations also helps ensure accuracy and compliance. Regular training and leveraging workflow automation tools can further enhance productivity and minimize errors.
What are the most commonly searched types of Transaction Processor jobs in Chicago, IL? The most popular types of Transaction Processor jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Senior Transaction Processor jobs? Cities near Chicago, IL with the most Senior Transaction Processor job openings:
Director, Global Transaction Tax (International Transaction Tax)

Director, Global Transaction Tax (International Transaction Tax)

Alvarez & Marsal

Chicago, IL • On-site

$165K - $200K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 28 days ago


Job description

Description
Director, Global Transaction Tax (International Transaction Tax)
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.
The Team
We are seeking a Director with deep international tax expertise to join our growing International Tax M&A practice. In this role, you will work with experienced partners, senior directors and teams in the United States and globally on complex international tax matters to add value for clients while being a trusted advisor. If you are a strategic thinker and like to solve complex international tax issues, you should consider a career in A&M's Global Transaction Tax Practice.
How you will contribute
As a member of the Global Transaction Tax team and specialist in US International Tax you will:
  • Perform due diligence including review of US tax returns, financials, and other tax documentation to evaluate potential US international tax risks and opportunities, and summarize identified risks and opportunities in a commercial manner;
  • Review and comment on US international tax aspects of financial models;
  • Review and comment on US international tax aspects of purchase agreements;
  • Coordinate with federal, transfer pricing and non-US tax team members, to deliver the highest quality work product,
  • Provide expert advice on the US international tax implications of deal structures, including financing arrangements, repatriation issues and treaty implications,
  • Assist with the design and implementation of comprehensive global tax restructurings and planning;
  • Stay abreast of developments in US international tax, and contribute to thought leadership initiatives through publications, presentations, and industry forums.
  • Build relationships with clients, and across Tax and the rest of A&M.
Qualifications
  • CPA, JD (with bachelor's degree in accounting, preferred), or LLM required
  • At least 7 years of relevant experience in a mergers & acquisitions tax practice at a Big 4 firm, Big Law firm, or similar firm, and at least 4+ years of experience in US international tax
  • Strong writing, analytical, research, excel, and organizational skills
  • Strong communication, presentation, project management, and business development skills
  • Strong sense of personal motivation as well as the ability to work with a team
  • Ability to work in a dynamic, time-sensitive environment
Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.
The salary range is $165,000 - $200,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details .
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