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Senior Transaction Processor Jobs in Chicago, IL

PROENERGY

Senior Cost Accountant

Chicago, IL · On-site

$85 - $120/hr

Position Summary As Senior Cost Accountant, reporting to the Senior Accounting Manager - Operations ... Processing daily inventory transactions in the system. Monitor inventory movements in the ERP ...

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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 Aug 30, 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 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 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 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 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:

Senior Transaction Processor jobs near you

Associate, Transaction Advisory Services

Portage Point Partners

Chicago, IL • On-site

$120K - $210K/yr

Full-time

Re-posted 21 days ago

Job description

At Portage Point Partners (Portage Point), you are not a cog in a legacy machine, you are shaping strategy, influencing outcomes and being rewarded for driving impact. Backed by New Mountain Capital, Portage Point is recognized for accelerated growth and is consistently featured in rankings from Inc.5000, The Financial Times and Consulting Magazine. This recognition is a testament to our focus on excellence, intensity and pace and ability to attract blue chip talent committed to delivering best-in-class outcomes. Our cross-functional platform spans the full business lifecycle and offers middle market clients integrated solutions across Transaction Advisory Services (TAS), Valuations (VAL), Transaction Execution Services (TES), Office of the CFO (OCFO), Performance Improvement (PI), Interim Management (IM), Investment Banking (IB) and Turnaround & Restructuring Services (TRS).
 
The TAS team supports private equity sponsors, lenders and corporates with financial, tax and operational diligence across Mergers & Acquisitions (M&A) and corporate actions. Portage Point's entrepreneurial model empowers TAS team members to lead early and often, delivering value across the deal continuum with speed and precision. 
 
The TAS Associate will assume a wide set of responsibilities across buy and sell side transactions, including financial and business due diligence, making a significant impact in a fast-paced, entrepreneurial environment. This role represents a unique opportunity for highly-motivated professionals to serve private equity, direct lenders and corporate clients to increase value through thoughtful transaction diligence and structuring. Qualified individuals should be prepared to work within a collaborative team environment to assess a business's strengths and weaknesses, identify key risks and potential deal issues and ultimately evaluate the alignment of potential transactions to clients' investment strategies.
Responsibilities
  • Work directly with senior personnel at Portage Point and our clients to develop comprehensive solutions to complex transactional challenges 
  • Execute buy and sell side diligence including but not limited to historical and projected financial and operating trends analysis, quality of earnings analysis, working capital and net debt consideration analysis
  • Draft clear and compelling reports outlining key takeaways and participating in management meetings
  • Review transaction agreements, customer and vendor contracts
  • Collaborate closely with performance improvement, restructuring and investment banking colleagues
  • Support internal trainings and best practice sharing
  • Support talent acquisition and firm-building initiatives
  • Contribute to a high-performing, inclusive and values-driven culture
Qualifications
  • Bachelor's degree from a top undergraduate program
  • Located in or willing to relocate to Chicago, Dallas, Los Angeles, Nashville, New York or Philadelphia
  • Invested in a team-based culture motivated to collaborate in office four days per week and willing to work at client sites as needed 
  • At least one year of financial due diligence and / or two years of audit experience within a Big Four accounting firm
  • Active Certified Public Accountant (CPA) license required
  • Familiarity with Tableau and Alteryx preferred
  • Proficiency in financial modeling including ability to prepare three statement models, dynamic KPI packages and complex ad hoc analysis
  • Ability to successfully work in a small, collaborative team environment
  • Superior written and verbal communication skills, including executive-ready presentation and reporting skills
  • Proven ability to thrive in lean, fast-moving teams 
  • High attention to detail, responsiveness and ownership mindset 
  • Track record of success in high-pressure, client-facing environments 
$120,000 - $210,000 a year
In accordance with pay transparency laws in the City of New York and the State of California, Portage Point provides a good-faith cash compensation range for this position. This range represents the cash compensation (base plus bonus) that the firm reasonably expects to pay upon hire, based on good-faith and reasonable estimate at the time of posting. The final compensation within this range will depend on the candidate's qualifications, education, training, experience and location. In addition to cash compensation, Portage Point may offer comprehensive benefits and equity participation, which are not reflected in the pay range above.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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