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Transaction Processing Manager Jobs in Utah (NOW HIRING)

Maintains comprehensive knowledge of teller line operations, including transaction processing, balancing cash drawers, operating Teller Cash Recyclers (TCRs), managing vault duties, and supporting ...

Accountant

Coalville, UT · On-site

$31.25 - $33.65/hr

This long-term contract position is ideal for someone who can manage accounting records, support transaction processing, and help maintain accurate reporting across key financial activities. The role ...

Business Assistant II

Logan, UT · On-site

$16.25 - $21.50/hr

Please describe your experience with any of the following: travel processing, purchasing, or inventory management. Include specific examples of your responsibilities and the types of transactions or ...

Business Assistant II

Logan, UT

$16.25 - $21.50/hr

Please describe your experience with any of the following: travel processing, purchasing, or inventory management. Include specific examples of your responsibilities and the types of transactions or ...

Shift Manager, Track operator

Orem, UT · On-site

$13 - $16.50/hr

... processes. - Manage and motivate crew members, fostering a positive work environment. - Handle cash transactions accurately and responsibly. - Engage with customers, enhancing their experience ...

Shift Manager, Track operator

Orem, UT

$13 - $16.50/hr

... processes. - Manage and motivate crew members, fostering a positive work environment. - Handle cash transactions accurately and responsibly. - Engage with customers, enhancing their experience ...

The Land Asset Manager is responsible for maximizing the value and performance of the organization ... Reporting Transactions Execution Lead transaction processes from buyer identification to closing ...

Support monitoring, troubleshooting, and escalation management for payment terminal and transaction processing issues. Go-Live & Escalation Support * Participate in scheduled go-live support ...

Drive transactions through the internal evaluation and approval process. * Manage key engagements with new large load customers, existing customers with significant expansion opportunities, and/or ...

Team Member

Orem, UT · On-site

$10.50 - $13.75/hr

Collaborate with management to resolve more complex problems. Cash Handling: * Handle cash, credit cards, and other forms of payment accurately. * Provide change to customers and process transactions ...

Team Member

Orem, UT · On-site

$10.50 - $13.75/hr

Collaborate with management to resolve more complex problems. Cash Handling: * Handle cash, credit cards, and other forms of payment accurately. * Provide change to customers and process transactions ...

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Transaction Processing Manager information

What jobs make $1,000,000 a year?

In the context of a Transaction Processing Manager, earning $1,000,000 annually is uncommon and typically limited to high-level executive roles such as Chief Executive Officers, Chief Financial Officers, or other C-suite positions in large corporations. These roles often require extensive experience, advanced degrees, and leadership responsibilities. Most transaction processing managers earn significantly less, with top executives reaching such compensation levels through bonuses, stock options, and profit sharing.

What does a Transaction Processing Manager do?

A Transaction Processing Manager oversees the processing of financial transactions within an organization, ensuring accuracy, compliance, and timeliness. They manage a team responsible for handling transactions such as payments, deposits, transfers, and reconciliations. Their role also involves developing and implementing process improvements, monitoring performance metrics, and ensuring adherence to regulatory standards. Additionally, they coordinate with other departments to resolve discrepancies and provide training to staff on best practices.

What is the difference between Transaction Processing Manager vs Payment Operations Specialist?

AspectTransaction Processing ManagerPayment Operations Specialist
CredentialsTypically requires a bachelor's degree in finance, business, or related field; certifications like CPA or CPA-eligible are commonUsually holds a bachelor's degree in finance, accounting, or business; certifications like PCI DSS or payment processing certifications are advantageous
Work EnvironmentWorks in banking, financial services, or large corporations managing transaction workflowsOperates within payment processing companies, banks, or e-commerce firms handling payment systems
Employer & Industry UsageCommonly employed by banks, financial institutions, and corporations managing transaction flowsFound in payment processors, fintech firms, and online retailers managing payment operations

The Transaction Processing Manager oversees the entire transaction workflow, ensuring accuracy and compliance, while the Payment Operations Specialist focuses on executing and supporting payment processing tasks. Both roles require financial knowledge and work within similar environments, but the manager has broader oversight responsibilities.

What is the role of a transaction processing specialist?

A transaction processing specialist manages the accurate and efficient handling of financial transactions, such as payments, deposits, and transfers, often using specialized software and adhering to compliance standards. They ensure data accuracy, resolve discrepancies, and maintain transaction records within a secure environment.

What is the qualification for a transaction analyst?

A transaction analyst typically requires a bachelor's degree in finance, accounting, or a related field. Strong analytical skills, attention to detail, proficiency with financial software, and experience in transaction processing or reconciliation are also important qualifications for the role.

What does a transaction manager do?

A transaction processing manager oversees the processing of financial or data transactions within an organization, ensuring accuracy, security, and efficiency. They often manage transaction systems, monitor workflows, and implement procedures to prevent errors or fraud, frequently using specialized software and requiring strong organizational skills.

What are the typical challenges a Transaction Processing Manager faces, and how can they be addressed?

Transaction Processing Managers often encounter challenges such as managing high transaction volumes, ensuring accuracy under tight deadlines, and adapting to constantly evolving regulatory requirements. To address these, it's important to implement robust quality control procedures, foster a strong team culture focused on attention to detail, and stay updated with industry best practices and compliance guidelines. Leveraging automation tools and maintaining effective communication across departments can also help streamline processes and prevent errors.

What are the key skills and qualifications needed to thrive as a Transaction Processing Manager, and why are they important?

To thrive as a Transaction Processing Manager, you need strong analytical abilities, attention to detail, and experience in finance or accounting, often supported by a relevant degree. Familiarity with transaction management software, ERP systems, and knowledge of compliance regulations such as SOX or PCI DSS are typically required. Leadership, communication, and problem-solving skills are crucial for managing teams and resolving discrepancies efficiently. These competencies ensure accurate transaction processing, regulatory compliance, and smooth workflow management in financial operations.
What cities in Utah are hiring for Transaction Processing Manager jobs? Cities in Utah with the most Transaction Processing Manager job openings:

Branch Manager I

STRIDE BANK NA

Salt Lake City, UT • On-site

Full-time

Posted 12 days ago


Job description

The Branch Manager I is responsible for cultivating relationships with existing and prospective Bank customers, delivering exceptional customer service and providing a range of banking services. 

PRINCIPAL DUTIES AND RESPONSIBILITIES

  1. Demonstrates enthusiasm and expertise by continuously building and sharing knowledge of all retail banking products, services, and specialty product lines.
  2. Proactively understands and anticipates customer needs; provides informed recommendations and cross-sells appropriate products and financial solutions.
  3. Oversees all functions related to the opening and closing of accounts, including assisting customers in selecting suitable account types, researching account information, and ensuring full compliance with BSA and CIP requirements.
  4. Maintains thorough knowledge of consumer loan policies and procedures. Guides customers in selecting appropriate loan products; enters applications into the centralized loan system for underwriting, communicates decisions to customers, and manages loan closings and funding.
  5. Collaborates with representatives from other business units to generate and follow through on referrals.
  6. Supports and achieves assigned individual and branch performance goals.
  7. Maintains comprehensive knowledge of teller line operations, including transaction processing, balancing cash drawers, operating Teller Cash Recyclers (TCRs), managing vault duties, and supporting overall branch operations.
  8. Adheres to all Bank compliance policies, security requirements, and operational procedures, including dual control functions, records administration, and completion of logs and reports.
  9. Ensures all departmental activities and documentation comply with applicable laws, regulations, policies, and procedures, including timely completion of required compliance training.
  10. Assists the Credit Administration department with reporting, portfolio analysis, and other administrative duties as assigned.
  11. Assists the Fintech Lending and Payments divisions with program management responsibilities as assigned.
  12. Performs branch operations responsibilities as assigned by the Senior Market Executive.
  13. Performs other duties as assigned.

EDUCATION AND/OR EXPERIENCE

  • High School Diploma, or equivalent, required.
  • 3+ years' experience in banking, or related, industry, required.
  • 1-2 years' experience in personnel management role, preferred.
  • Onsite, in-branch presence required.

KNOWLEDGE, SKILLS, AND ABILITIES

  • Ability to read and interpret documents such as procedure manuals, general business correspondence, and/or government regulations.
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Strong working knowledge of fraud and anti-money laundering regulations.
  • Independent critical reasoning.
  • Excellent verbal, written, and interpersonal communication skills.
  • Proficiency with Microsoft Office.