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Third Party Processor Jobs in Chicago, IL (NOW HIRING)

HSBC

Third Party Management Manager

Chicago, IL · On-site

The Third Party Management (TPM) team, which delivers this service to HSBC's first line businesses ... Identify processes and control weaknesses in any aspect of the process and ensure appropriate ...

Crowe LLP

Third Party Risk Manager

Chicago, IL · On-site

Supporting TPRM program enhancement initiatives, including governance, policy, process, workflow, and operating model improvements, as client needs arise * Evaluating third-party controls ...

BMO Capital Markets

Third Party Risk Manager

Chicago, IL · On-site

$57K - $106K/yr

Business Management In-depth knowledge of Global Third-Party Risk Management processes, lifecycle, and third-party risk to support effective and proactive compliance with regulatory obligations in ...

Posted today

Zip Water North America

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National Third-Party Manager

Libertyville, IL · On-site

$100K - $120K/yr

National Third-Party Manager Supervisor: National Service Manager Location: Hybrid position ... Manage payment processing and PPW accuracy for all third‐party service events. * Maintain ongoing ...

Zip Water North America

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National Third-Party Manager

Libertyville, IL · On-site

$100K - $120K/yr

National Third-Party Manager Supervisor: National Service Manager Location: Hybrid position ... Manage payment processing and PPW accuracy for all third‐party service events. * Maintain ongoing ...

Zip Water North America

Be Seen First

National Third-Party Manager

Libertyville, IL · On-site

$100K - $120K/yr

National Third-Party Manager Supervisor: National Service Manager Location: Hybrid position ... Manage payment processing and PPW accuracy for all third‐party service events. * Maintain ongoing ...

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All JobsThird Party Processor JobsThird Party Processor Jobs in Chicago, IL

Third Party Processor information

See Chicago, IL salary details

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$26

How much do third party processor jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for third party processor in Chicago, IL is $17.25, according to ZipRecruiter salary data. Most workers in this role earn between $13.85 and $19.81 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a third party processor?

To thrive as a Third Party Processor, you need strong attention to detail, data entry accuracy, and familiarity with industry regulations, often supported by a background in finance, banking, or business administration. Proficiency with payment processing platforms, transaction monitoring systems, and relevant compliance software is typically required. Strong organizational skills, effective communication, and problem-solving abilities help you excel in managing multiple client accounts and resolving discrepancies. These skills are crucial for ensuring accurate, timely processing of transactions and maintaining trust with both clients and regulatory bodies.

What is a third party processor?

A Third Party Processor (TPP) is a company or service that handles payment processing or other transaction services on behalf of another business. TPPs act as intermediaries between merchants and financial institutions, managing tasks such as credit card processing, electronic funds transfers, and data management. Businesses often use TPPs to streamline payments, enhance security, and comply with regulatory requirements. Choosing a reliable TPP can help companies focus on their core operations while ensuring smooth financial transactions.

How does a third party processor typically collaborate with clients and internal teams?

A Third Party Processor often acts as a bridge between clients, such as merchants or financial institutions, and the internal technical or compliance teams. They coordinate closely with clients to understand their transaction needs, resolve processing issues, and ensure regulatory compliance. Internally, they work with IT, risk management, and customer service teams to troubleshoot problems and implement new processes or updates. Effective communication and organizational skills are essential, as the role frequently involves managing multiple client accounts and responding quickly to service requests.

What is the difference between Third Party Processor vs Payment Processor?

AspectThird Party ProcessorPayment Processor
Credentials/CertificationsMay require PCI compliance, industry-specific certificationsLikewise, PCI compliance, payment industry certifications
Work EnvironmentHandles transactions on behalf of merchants, often in financial or e-commerce sectorsProcesses card payments directly, often in retail or online sales
Employer/Industry UsageUsed by merchants to outsource payment handlingUsed by merchants and financial institutions to facilitate payments
Common Search/ComparisonOften compared with Payment Processor

Third Party Processors act as intermediaries, managing transactions between merchants and payment networks, often providing additional services like fraud prevention. Payment Processors handle the actual transaction processing directly, often integrating with merchant accounts. While both roles require similar certifications and work in the payment industry, Third Party Processors typically offer broader services and act as a bridge between merchants and payment processors.

What are popular job titles related to Third Party Processor jobs in Chicago, IL? For Third Party Processor jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Third Party Processor jobs in Chicago, IL look for? The top searched job categories for Third Party Processor jobs in Chicago, IL are:
Third Party Processor jobs near you
Infographic showing various Third Party Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, and 13% Contract. Highlights an 74% In-person, 13% Hybrid, and 13% Remote job distribution, with an average salary of $35,872 per year, or $17.2 per hour.

Third Party Management Manager

HSBC

Chicago, IL • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
The Third Party Management (TPM) team, which delivers this service to HSBC's first line businesses and functions, is an on-shore capability located in HSBC's key regions and countries. The role of the Senior Manager, TPM in each region is to lead the topics of Third Party Risk, Contracts Lifecycle Management and Supplier Management - collectively Third Party Management. The role holder will: interface with key Local / Global Businesses, Functions and stakeholders to drive support and improvement across the three topics underpinning TPM; tailor programs of work to improve third party management and control; provide Management Information (MI) and analytics from a risk, supplier management, outsourcing, and materiality perspective; and support with first line oversight of key third parties and regulatory matters.
The role holder will need to be a credible operational Subject Matter Expert (SME) in Third Party Management and the regulatory context in financial services, with first-hand experience of developing, leading and improving aspects of third party risk and supplier management in large, complex organisations. In addition, the proven capability to network, communicate, influence and make strategic change happen pragmatically at pace will be key to success in this role.
As our Third Party Management Manager, you will:
  • Employ credible technical and professional practices to achieve tangible change in TPM practices in collaboration with key risk domains, business and functional Chief Operating Officers (COOs)
  • Identify processes and control weaknesses in any aspect of the process and ensure appropriate actions are put in place to rectify them. Work closely with second and third line to ensure an effective third Line of Defense (LOD) model is in place for Third Party risk in HSBC
  • Provide HSBC businesses and functions with consolidated, clear and accurate MI and data around their specific third party engagements, contracts and aggregated supplier performance metrics, as well as greatly enhanced visibility of which third parties they use
  • Play a key role in streamlining the current local third party onboarding process while preserving the necessary coverage of operational risk
  • Provide leadership on the topics of end-to-end third party risk and support an extensive range of stakeholders across HSBC
  • Work closely and effectively with Risk Domain heads, Service Delivery teams and Operational Risk leads to deliver clear and reportable solutions for TPM and its associated controls
  • Maintain discipline around change programs, governance, reporting, steering and coordination. Drive the enhancement and fight for the topic appropriately when conflicting priorities appear
  • Maintain and evolve TPM capability in the region for HSBC while driving operational efficiencies through the ongoing process streamlining initiatives in progress
  • Continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, organizational structure, and the impact of new technology. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring and by addressing any areas of concern in conjunction with line management and/or the appropriate department

You'll likely have the following qualifications to succeed in this role:
  • TPM technical depth: Third Party Risk, Third Party Management, contract lifecycle management, supplier performance, post-contract monitoring
  • Risk & control mindset / audit readiness: Control design, evidence discipline, remediation, working with third LOD/Internal Audit
  • MI, analytics & dashboards: Producing/supporting/establishing- MI cadence, Key Performance Indicators (KPIs), data quality, standardize reports/dashboards for risk and supplier management oversight
  • Change & implementation delivery: Process mapping, bottleneck removal, streamlining / time reduction without weakening controls, governance
  • Stakeholder influence & collaboration: Influence with COOs/engagement owners, second LOD domains; conflict handling; building forums/ways of working
  • Commerciality & supplier value mindset: Control design, supplier performance levers, service catalogue/unit cost thinking
  • Hands-on experience delivering TPM improvements in a regulated financial services environment (or equivalent heavily regulated), with outputs designed to withstand audit/regulatory scrutiny
  • Collaborative Mind Set: Ability to work effectively with first LOD (engagement owners/COOs) and second LOD risk domains, and partner with third LOD/Internal Audit
  • Senior stakeholder influence (e.g., COOs, risk domain leads) and being treated as a trusted SME on TPM topics

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
The final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

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