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Transaction Processing Manager Jobs in Virginia (NOW HIRING)

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Transaction Processing Manager information

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 are the key skills and qualifications needed to thrive as a transaction processing manager?

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 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 are the most commonly searched types of Transaction Processing jobs in Virginia?

The most popular types of Transaction Processing jobs in Virginia are:

What cities in Virginia are hiring for Transaction Processing Manager jobs?

Cities in Virginia with the most Transaction Processing Manager job openings:

Transaction Processing Manager jobs near you

Real Estate Transaction Manager

VCU Health System

Richmond, VA

Full-time

Re-posted 25 days ago

VCU Health rating

7.3

Company rating: 7.3 out of 10

Based on 171 frontline employees who took The Breakroom Quiz

304th of 893 rated healthcare providers

Job description

ThisReal Estate Transaction Manageroversees the strategic lifecycle of a healthcare property portfolio, managing land acquisitions, complex lease negotiations, and asset dispositions. The role ensures operational continuity by directinglandlord default resolutionsand casualty loss recoveries while maintaining strict financial and regulatory compliance across all health system facilities.

Essential Job Statements

  • Lease Portfolio Management:Oversees a comprehensive real estate portfolio including acute care, ambulatory, and administrative spaces to ensure alignment with organizational goals.

  • Regulatory Compliance:Maintains strict adherence to lease terms and healthcare-specific regulations, includingStark LawandAnti-Kickback Statutes, to mitigate legal and financial risk.

  • Acquisition & Dispositions:Participates in the end-to-end process for new lease acquisitions, land purchases, and property dispositions. This includes identifying opportunities, conducting market research, and executing the sale of non-core assets.

  • Comprehensive Due Diligence:Directs investigative efforts for potential transactions, includingFair Market Value (FMV)assessments, environmental reviews, surveys, zoning analysis, and title encumbrances to ensure informed decision-making.

  • Contract Negotiation:Serves as the negotiator for leases, purchase and sale agreements (PSAs), and renewals, ensuring favorable terms that prioritize the health system's strategic and operational needs.

  • Financial Oversight:Collaborates with Finance teams to manageCAM (Common Area Maintenance)reconciliations, real estate tax payments, and long-term budget forecasting for both leased and owned assets.

  • Stakeholder & Vendor Liaison:Acts as the primary point of contact for landlords, developers, and internal stakeholders to resolve operational issues, including maintenance, casualty losses, and facility alterations.

  • Third-Party Oversight:Manages performance and enforces compliance for contracted building managers and third-party managed assets through routine inspections and site visits.

  • Audit & Risk Management:Coordinates internal and external real estate audits to identify vulnerabilities and implements corrective actions to safeguard health system assets.

  • Casualty Loss & Recovery Management:Directs the response to property damage events (fire, flood, etc.) by coordinating with landlords, risk management, and insurance adjusters to ensure timely restoration of healthcare operations.

  • Landlord Default Management:Identifies and manages instances of landlord non-performance or breach of contract. This includes issuing formal notices of default, overseeing the "self-help" remedy process if applicable, and collaborating with legal counsel to enforce lease obligations and recover associated costs.

Patient Population: N/A

Employment Qualifications

Required Education:

Bachelor's degree; 5 years total commensurateexperience considered in lieu of degree.

Preferred Education:

Bachelor's degree in Business Administration, Real Estate, or related field required; 10 years total commensurateexperience considered in lieu of degree.

Licensing/ Certification

Licensure/Certification Required:N/A

Licensure/Certification Preferred:CCIM, CPM

Minimum Qualifications

Years and Type of Required Experience:

Five years of progressively more responsibility in real estate portfolio management in the healthcare industry necessary.

Other Knowledge, Skills and Abilities Required:

  • Comprehensive understanding ofStark Law, theAnti-Kickback Statute (AKS), andFair Market Value (FMV)standards as they apply to medical office buildings and clinical space.

  • In-depth familiarity withzoning ordinances, municipal approval processes,permitting, and environmental regulations (e.g., Phase I/II ESAs) necessary for land development.

  • Deep expertise in the end-to-endacquisition and disposition process, including title examination, surveys, easements, andPurchase and Sale Agreements (PSAs).

  • Proven ability to leadmultidisciplinary due diligence teams-including legal counsel, engineers, and architects-to meet strict closing deadlines.

  • Skilled inhigh-level negotiationsfor complex land deals, ground leases, and tenant improvements while maintaining professional stakeholder relationships.

  • Demonstrated ability to identifyregulatory "red flags"in lease structures and property ownership to ensure all transactions remain "commercially reasonable."

  • Experiencecollaborating with city planners or government officials to secure project approvals and entitlements.

  • Deep understanding oflease indemnity, insurance requirements, and casualty provisionsto determine financial responsibility and abatement rights following a loss.

  • Expert understanding oflease enforcement mechanisms, includingdefault notification requirements, cure periods, and the rights of a tenant to offset rent or terminate for cause.

  • Competency in using industry-standard tools (e.g., CoStar, GIS mapping) to performcomparable market analysisand justify site selection for new healthcare facilities.

Working Conditions

Periods of high stress and fluctuating workloads may occur.

General office environment.

Required to car travel to off-site locations, occasionally in adverse weather conditions.

May have periods of constant interruptions.

Prolonged periods of working alone.

Physical Requirements

Physical Demands: Lifting/ Carrying (0-50 lbs.), Stoop, Kneel

Work Position: Sitting, Walking, Standing

Additional Physical Requirements/ Hazards

Physical Requirements: Reach above shoulder, Repetitive arm/hand movements

Hazards: N/A

Compensation Range

$83,096.00 - $128,772.80

Actual salary offers will be based on several key factors to include relevant work experience, credentials, and qualifications.


EEO Employer/Disabled/Protected Veteran

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