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Transaction Processing Associate Jobs in Illinois

Jobtailor

Team Lead, Technical Billing

Schaumburg, IL · On-site

Associate's degree or Bachelor's degree in Finance, Accounting, Business Administration, or a ... Financial Transaction Processing * Microsoft Excel * SQL * Visual Basic * Access * Data Analysis

Mowery-

Transaction Advisory Senior Associate

Lincolnshire, IL · On-site

$85K - $104K/yr

... the transaction advisory space? The TAS Senior Associate will be responsible for conducting ... A basic understanding of the M&A process with a desire to learn more * Strong written communication ...

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All JobsTransaction Processing Associate JobsTransaction Processing Associate Jobs in Illinois

Transaction Processing Associate information

See Illinois salary details

$12

$18

$30

How much do transaction processing associate jobs pay per hour?

As of Sep 14, 2026, the average hourly pay for transaction processing associate in Illinois is $18.90, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $19.57 per hour, depending on experience, location, and employer.

What is a transaction processing associate?

Transaction Processing Associates are professionals responsible for handling, reviewing, and processing financial or business transactions within an organization. They ensure that transactions are accurately entered, verified, and completed according to company policies and regulatory requirements. Their duties often include data entry, reconciling accounts, addressing discrepancies, and maintaining records. These associates play a key role in supporting finance, operations, or customer service teams, helping ensure smooth and efficient business operations.

What are the key skills and qualifications needed to thrive as a transaction processing associate, and why are they important?

To excel as a Transaction Processing Associate, you need strong analytical skills, attention to detail, and a basic understanding of financial transactions, often supported by a high school diploma or equivalent. Familiarity with transaction processing systems, databases, and spreadsheet software like Microsoft Excel is typically required. Effective communication, time management, and problem-solving abilities help you manage high volumes of data and collaborate with team members. These skills ensure accuracy and efficiency in processing transactions, which is crucial for maintaining financial integrity and customer satisfaction.

What are some common challenges faced by transaction processing associates, and how can they be managed effectively?

Transaction Processing Associates often encounter challenges such as handling high transaction volumes, meeting strict deadlines, and ensuring accuracy in data entry. To manage these effectively, it's important to develop strong organizational skills, maintain attention to detail, and utilize digital tools for tracking tasks. Collaborating closely with team members and supervisors can also help in resolving discrepancies quickly and ensuring that service level agreements are consistently met.

What is the difference between Transaction Processing Associate vs Customer Service Representative?

AspectTransaction Processing AssociateCustomer Service Representative
Required CredentialsHigh school diploma or equivalent; some roles may require financial or data entry certificationsHigh school diploma or equivalent; customer service experience preferred
Work EnvironmentBanking, finance, or corporate offices; focus on data entry and transaction accuracyCall centers, retail, or service centers; focus on customer interaction
Employer & Industry UsageFinancial institutions, banks, and corporate finance departmentsRetail, telecommunications, and service industries
Common Search & Comparison IntentUnderstanding job duties, requirements, and career pathCustomer interaction skills and job responsibilities

The main difference is that Transaction Processing Associates focus on handling financial transactions, data entry, and accuracy within financial or corporate settings. Customer Service Representatives primarily engage with customers, providing support and resolving issues. Both roles require strong communication skills, but their work environments and daily tasks differ significantly.

What are popular job titles related to Transaction Processing Associate jobs in Illinois?

For Transaction Processing Associate jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Transaction Processing Associate jobs in Illinois look for?

The top searched job categories for Transaction Processing Associate jobs in Illinois are:

What cities in Illinois are hiring for Transaction Processing Associate jobs?

Cities in Illinois with the most Transaction Processing Associate job openings:

Transaction Processing Associate jobs near you
Infographic showing various Transaction Processing Associate job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $39,311 per year, or $18.9 per hour.

Team Lead, Technical Billing

Schaumburg, IL • On-site

Jobtailor
See more jobs at Jobtailorexternal

Other

Posted 13 days ago

Job description


  • Coordinate tasks and provide team support for Billing Technicians

  • Assign daily tasks and ensure key deadlines are completed

  • Support day-to-day billing operations

  • Calculate and implement complex client pricing changes

  • Serve as primary weekend billing support lead

  • Act as a functional subject matter expert for billing tasks and monthly audits involving client invoicing

  • Monitor billing operations for timely and accurate processing

  • Serve as first point of contact for billing-process questions, discrepancies, and data interpretation

  • Distribute and track team tasks to meet deadlines and service levels

  • Support recurring analytical reports by gathering and preparing data

  • Maintain reporting-tool data integrity and collaborate on data cleanup or clarification

  • Work with the supervisor and IT during system enhancement or upgrade testing

  • Document system issues and user feedback for IT reporting

  • Onboard, mentor, coach, and train new team members

  • Promote knowledge-sharing, best practices, collaboration, accountability, and solution-oriented work

  • Complete other special projects as assigned


Requirements

  • Associate’s degree or Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred, or equivalent combination of education and relevant work experience

  • Minimum of 3 years of experience in billing operations, invoicing, or financial transaction processing

  • Demonstrated experience providing peer support, task coordination, and/or informal leadership within a team environment

  • Intermediate to Advanced Microsoft Excel skills, including Pivot Tables, Lookups, and Formulas

  • Demonstrated experience using SQL, Visual Basic, or Access required

  • Strong analytical and organizational skills

  • Ability to work with varying seniority levels, including staff, managers, clients, and external partners

  • Ability to work in a fast-paced environment

  • Successful completion of drug and background screening


Core Competencies

Demonstrates expertise in billing operations and invoicing, with strong analytical skills and proficiency in Microsoft Excel and SQL. Capable of coordinating tasks, mentoring team members, and ensuring timely and accurate processing of financial transactions.


Highest-signal resume keywords

  • Billing Operations Experience

  • Microsoft Excel Proficiency

  • SQL Experience

  • Task Coordination

  • Analytical Skills


ATS Optimization Keywords
Hard Skills

  • Billing Operations

  • Invoicing

  • Financial Transaction Processing

  • Microsoft Excel

  • SQL

  • Visual Basic

  • Access

  • Data Analysis

  • Task Assignment

  • Reporting


Soft Skills

  • Team Support

  • Mentoring

  • Collaboration

  • Organizational Skills

  • Communication


Industry Keywords

  • Finance

  • Accounting

  • Business Administration

  • Client Pricing

  • Data Cleanup

  • Audit


Tools & Technologies

  • Reporting Tools

  • Data Integrity Tools

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