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Transaction Processing Associate Jobs in Irvington, NJ

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Transaction Processing Associate information

See Irvington, NJ salary details

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How much do transaction processing associate jobs pay per hour?

As of Sep 13, 2026, the average hourly pay for transaction processing associate in Irvington, NJ is $19.89, according to ZipRecruiter salary data. Most workers in this role earn between $16.68 and $20.58 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 job categories do people searching Transaction Processing Associate jobs in Irvington, NJ look for?

The top searched job categories for Transaction Processing Associate jobs in Irvington, NJ are:

What cities near Irvington, NJ are hiring for Transaction Processing Associate jobs?

Cities near Irvington, NJ with the most Transaction Processing Associate job openings:

Infographic showing various Transaction Processing Associate job openings in Irvington, NJ as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 25% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $41,380 per year, or $19.9 per hour.

Transaction Operations Associate

Manhattan, NY • On-site

$140K - $185K/yr

Other

Posted 5 days ago


Job description

Transaction Operations Associate

Location: New York, NY
Employment Type: Full-Time
Estimated Compensation:
$140,000 – $185,000 total annual compensation (varies by employer)


About This Posting

This job description represents a sample Transaction Operations Associate position commonly found through the Career Launch AI Talent Network. It is intended to help job seekers understand the responsibilities and qualifications typically associated with transaction processing, settlement operations, and investment operations roles.

Actual openings may vary based on employer needs, asset class focus (e.g., equities, fixed income, FX, commodities, private funds), and transaction type.

For more information on the Career Launch AI Talent Network, visit:
https://www.careerlaunch.ai/


Position Overview

Transaction Operations Associates support trading desks, portfolio managers, and operations teams by ensuring the accurate processing, settlement, and reconciliation of investment transactions. The role blends operational precision, data validation, and process management in fast-paced financial environments.

This position works closely with traders, operations, and risk management teams to ensure seamless execution, accurate reporting, and compliance with internal and regulatory standards.


Key Responsibilities
  • Process and settle trades and investment transactions accurately and timely

  • Monitor transaction lifecycles, identify exceptions, and resolve discrepancies

  • Reconcile positions across internal systems, custodians, and counterparties

  • Prepare daily transaction reports, P&L validation, and operational dashboards

  • Collaborate with operations, compliance, and accounting teams to ensure adherence to policies

  • Assist with fund transfers, capital calls, distributions, and corporate actions

  • Identify and propose process improvements or automation opportunities

  • Support ad-hoc requests and operational audits for senior management


Preferred Qualifications
  • Bachelor’s degree in Finance, Accounting, Economics, or a related field

  • Knowledge of transaction operations, settlement processes, or investment operations

  • Familiarity with portfolio management or trading platforms preferred

  • Strong analytical skills with attention to detail and accuracy

  • Proficiency in Excel; experience with SQL, VBA, or operational reporting tools is a plus

  • Ability to manage multiple priorities and work effectively in a fast-paced environment

  • Clear written and verbal communication skills

  • Interest in operations, transaction workflows, and investment processes


About the Career Launch AI Talent Network

The Career Launch AI Talent Network helps job seekers pursue opportunities similar to this role through:

  • Skills-based role matching for transaction operations and investment operations positions

  • Resume and profile optimization tailored to operational roles

  • Guidance on outreach to operations teams, portfolio managers, and hiring managers

  • Interview preparation for transaction processing, reconciliation, and operational assessments

To learn more or express interest in transaction operations roles, visit:
https://www.careerlaunch.ai/