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Transaction Processing Manager Jobs in Virginia (NOW HIRING)

The Transaction Coordinator role involves collaborating within our team to manage all compliance and administrative aspects of the listings, transaction, and commission process. Daily Agent ...

As a Transaction Coordinator, you will work on the Contract to Close team that oversees all ... are processed properly and in a timely matter, with a focus on the details * Manage and track ...

As a Transaction Coordinator, you will work on the Contract to Close team that oversees all ... are processed properly and in a timely matter, with a focus on the details * Manage and track ...

Transaction Coordinator

Richmond, VA · Remote

$50K - $75K/yr

Transaction Coordinator House Buyers of America is looking for a remote Settlement Coordinator to ... Manage relationships with title companies and ensure that all settlements are being processed ...

Support audit and compliance activities including business process reviews, internal control management, and audit support documentation. * Reconcile accounts, track unmatched transactions, and ...

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Transaction Processing Manager information

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 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 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 cities in Virginia are hiring for Transaction Processing Manager jobs? Cities in Virginia with the most Transaction Processing Manager job openings:
Transaction Management Specialist

Transaction Management Specialist

US Department of Housing and Urban Development

Alexandria, VA • On-site

$143.91K/yr

Other

Posted 13 days ago


Job description

This position is located at Department of Housing and Urban Development, Government National Mortgage Association Ginnie Mae.
This opportunity is also open to Status Candidates under Announcement 26-HUD-12960595. Please refer to that announcement for details on open period, eligibility, and how to apply.Qualifications:

You must meet the following requirements by the closing date of this announcement.
Specialized Experience: Specialized Experience for the GS-14, you must have one year (full 52 weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position is defined as:

  • Working with mortgage-backed securities and capital markets; AND
  • Initiating and maintaining relationships with internal and external stakeholders of mortgage-backed securities programs; AND
  • Providing technical direction during the new issue securitization process for mortgage-backed securities transactions.

The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

Education:This job does not have an education qualification requirement.Employment Type: OTHER