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Transaction Associate information

See Illinois salary details

$17K

$74.6K

$126.9K

How much do transaction associate jobs pay per year?

As of Sep 6, 2026, the average yearly pay for transaction associate in Illinois is $74,593.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,500.00 and $93,000.00 per year, depending on experience, location, and employer.

What does a transaction associate do?

A Transaction Associate assists with the execution and management of financial transactions, such as mergers, acquisitions, or capital raising activities. They typically support senior members of the team by performing market research, preparing financial models, drafting presentations, and managing documentation. The role requires strong analytical skills, attention to detail, and the ability to communicate effectively with clients and internal teams. Transaction Associates often work in investment banks, private equity firms, or corporate finance departments.

What are the key skills and qualifications needed to thrive as a transaction associate?

To thrive as a Transaction Associate, you need strong analytical abilities, attention to detail, and a background in finance or business, often supported by a relevant degree. Familiarity with financial software, transaction management systems, and proficiency in Excel are typically required, and certifications such as CFA or FINRA registration may be beneficial. Excellent communication, organizational skills, and the ability to multitask help build strong client relationships and ensure accuracy in high-pressure environments. These combined skills are crucial for efficiently processing transactions, minimizing errors, and maintaining client trust in financial operations.

What are some common challenges transaction associates face when supporting high-volume transactions, and how can they effectively manage these situations?

Transaction Associates often handle a large number of transactions daily, which can lead to challenges such as maintaining accuracy under tight deadlines and prioritizing tasks efficiently. To manage these situations, it is important to develop strong organizational skills, leverage available transaction management systems, and communicate proactively with team members. Attention to detail and the ability to stay calm under pressure are key to ensuring that all documentation is processed correctly and client needs are met promptly. Regular training and staying updated on compliance requirements also help Transaction Associates navigate high-volume periods more effectively.

What are the most commonly searched types of Transaction jobs in Illinois?

The most popular types of Transaction jobs in Illinois are:

What cities in Illinois are hiring for Transaction Associate jobs?

Cities in Illinois with the most Transaction Associate job openings:

Transaction Associate jobs near you
Infographic showing various Transaction Associate job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $74,593 per year, or $35.9 per hour.

Transaction Associate Manager

Cushman & Wakefield

Chicago, IL

$75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 24 days ago

Cushman & Wakefield rating

7.4

Company rating: 7.4 out of 10

Based on 159 frontline employees who took The Breakroom Quiz

113th of 209 rated real estate companies

Job description

Job Title

Transaction Associate Manager

Job Description Summary

Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate services clients

Job Description

[Please delete this section before finalizing the Job Requisition: Below is an example Job Description for this Job Profile, and may need to be updated to reflect the specific responsibilities of this role. Please also ensure that you validate the selection of the Job Profile and placement of this Position in the Job Architecture before finalizing.]
POSITION SUMMARY
Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate services clients. Responsibilities include market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product and mentoring and/or oversight of the Transaction Coordinator role.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
General:
Assist with the implementation of portfolio plans that align with client's real estate goals and objectives
Collaborate with C&W and non C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sale, sublease and purchase
Manage the flow of key documentation and client communications
Review, and interpret financial analysis
Oversee revenue tracking of all transactions
Maintain database of transaction activity
Ensure accuracy of all transaction reports
Present transaction activity to client
Lead and/or facilitate client meetings
Provide suggestions for process and technical improvements relating to the transaction process
Assist with the on-boarding of new team members
May provide supervision for transactional team members and others team members supporting the transaction activity of the relationship
Process Management:
Assist with the development of standard forms and procedures
Implement standardized processes/playbooks that create maximum efficiencies and add value
Assist in measuring transactional performance
Ensure that all client and broker engagement documentation is executed
Transaction Management:
Coordinate field broker selection process
Assist with determining client needs and communicate project parameters
Coordinate negotiations and management of transactions
Coordinate legal review of all client leased/owned documents
Ensure accuracy of financial data and reporting
Resolve landlord/tenant disputes
Coordinate client site visits/market tours
Ensure all State real estate standards are met
Assist in the management of client rebate account
Strategic Planning:
Assist in the development of strategic real estate plans
Identify occupancy cost opportunities
Ensure implementation of agreed upon strategy
Produce and/or support business case development
Execute strategies by developing action plans
KEY COMPETENCIES
1. Client Service Skills
2. Communication Proficiency (oral and written)
3. Financial Analysis
4. Negotiation Skills
5. Organization Skills
6. Teamwork Orientation
7. Multi-Tasking
IMPORTANT EDUCATION
Bachelor's degree (BA/BS) required in any field; finance/real estate preferred
IMPORTANT EXPERIENCE
3+ years of real estate experience in transactions management or corporate real estate


Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 63,750.00 - $75,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"

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