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Transaction Processing Associate Jobs in East Meadow, NY

Transaction Management Associate

New York, NY ยท On-site

$80K - $110K/yr

The role will cover a range of Transaction Management related functions, and the successful ... Initiate process improvements and leverage technology for automation. Roles and responsibilities ...

Full-time Beauty Associate

Manhattan, NY ยท On-site

$21 - $24/hr

Operate cash handling processes efficiently, including cash register operations and transaction ... Join our team as an Operations Associate where you will have the opportunity to contribute ...

Full-time Beauty Associate

New York, NY ยท On-site

$21 - $24/hr

Operate cash handling processes efficiently, including cash register operations and transaction ... Join our team as an Operations Associate where you will have the opportunity to contribute ...

Full-time Beauty Associate

New York, NY ยท On-site

$21 - $24/hr

Operate cash handling processes efficiently, including cash register operations and transaction ... Join our team as an Operations Associate where you will have the opportunity to contribute ...

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Transaction Processing Associate information

See East Meadow, NY salary details

$13

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$32

How much do transaction processing associate jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for transaction processing associate in East Meadow, NY is $20.25, according to ZipRecruiter salary data. Most workers in this role earn between $16.97 and $20.96 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 East Meadow, NY?

For Transaction Processing Associate jobs in East Meadow, NY, the most frequently searched job titles are:

What job categories do people searching Transaction Processing Associate jobs in East Meadow, NY look for?

The top searched job categories for Transaction Processing Associate jobs in East Meadow, NY are:

What cities near East Meadow, NY are hiring for Transaction Processing Associate jobs?

Cities near East Meadow, NY with the most Transaction Processing Associate job openings:

Operation Service Department-Consumer Residential Mortgage Loan Processing Associate

Bank of China

Manhattan, NY โ€ข On-site

$90K/yr

Other

Re-posted 25 days ago


Job description

Consumer Residential Mortgage Loan Process Associate

The Consumer Residential Mortgage Loan Process Associate is to ensure the timely and accurate operation and administration process of consumer mortgage loan transactions and administration originated by the Front Business Line, review loan transaction request is performed and align with the Bank's procedures, policy guidelines, standards, and regulatory requirements.

Responsibilities

Consumer Residential Mortgage Transaction/Administration (80%)

  • Perform review of loan, credit financing document, interest rate modification, Flood and Insurance, Appraisal documents, and amortization schedule against financing documents and internal credit approvals.
  • Timely track and process disbursements of flood search fees, real estate tax service fees, appraisal fees, Timely assess and process insurance payment for premium held by the Bank.
  • Verify escrow of flood insurance premium for properties located in flood area upon receipt of the Determination form identified by third party vendor.
  • Create and maintain payment, real estate, and insurance tax Files.
  • Review end of day reconciliation to ensure all related transactions are processed.
  • Prepare mortgage payment schedule.
  • Prepare monthly LTV report to Queens Branch.
  • Monitor payment status of monthly loan payment and, quarterly and semi-annual real estate tax payment. Investigate and provide report finding of non-payment to Front Business Line.
  • Monthly monitoring insurance policy expiry status reported by DCT. Follow up for updated Flood, Appraisal, and Insurance policies.
  • Report to Front Business Line on overdue payments.
  • Process balance confirmations per customer's request.

Risk Management/Compliance/Internal Audit (20%)

  • Understand and comply with the Bank's procedures, policies, standards, and regulatory requirements.
  • Assist to update procedure to reflect current workflow process and regulatory updates.
  • Periodic review of IRS Publication of Home Mortgage Interest Deduction to assess any changes on current requirements.
  • Conduct flood search and maintain the original copy of the Flood Determination Form for regulatory review.
  • Prepare Annual Escrow Disclosure Statement and Year End escrow Statement.
  • Ensure CFBP Mortgage Servicing Rules (Consumer Lending Compliance) are current and update Policy & Procedure Manual.
  • Review Form 1098 Mortgage Interest Statement on an annual basis.
  • Alert of any suspicious items and report to BSA Officer of the Front Business Line.
Qualifications
  • Bachelor's degree required
  • Experience in banking and financing is highly preferred
  • Understanding of different types of mortgage lending structure, review flood & tax policies, reconciliation of payments and basic accounting principles required
Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $42,000.00 - USD $90,000.00 /Yr.