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Transaction Processing Manager Jobs in Chicago, IL

Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning ...

Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning ...

Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning ...

Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning ...

Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning ...

Process and program management development and implementation * Implement standardized processes ... Oversee transaction service delivery * Coordinate and manage transaction teams * Oversee/manage ...

Improve client transaction management processes * Work directly with clients and team members to resolve financial model, transaction and landlord issues * Manage building tours with the client

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Transaction Processing Manager information

See Chicago, IL salary details

$18K

$79.3K

$134.9K

How much do transaction processing manager jobs pay per year?

As of May 31, 2026, the average yearly pay for transaction processing manager in Chicago, IL is $79,297.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,400.00 and $98,900.00 per year, depending on experience, location, and employer.

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.

Transaction Manager

$135K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 19 days ago


Cushman & Wakefield rating

7.6

Company rating: 7.6 out of 10

Based on 149 frontline employees who took The Breakroom Quiz

71st of 153 rated real estate companies


Job description

Job Title

Transaction Manager

Job Description Summary

Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate client(s). Responsibilities include: Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product, working with multiple service lines and clients.

Job Description

General:

  • Develop and maintain strong client relationships
  • Assist with the implementation of portfolio plans that align with client's real estate goals and objectives
  • Collaborate with C&W and non C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including but not limited to: lease, sale, sublease, and purchase
  • Manage the flow of key documentation and client communications
  • Review, and interpret financial analysis
  • Oversee revenue tracking of all transactions
  • Maintain database of transaction activity
  • Ensure accuracy of all transaction reports
  • Present transaction activity to client
  • Lead and/or facilitate client meetings
  • Provide suggestions for process and technical improvements relating to the transaction process
  • Assist with the on-boarding of new team members
  • May provide supervision for transactional team members and others team members supporting the transaction activity of the relationship

Process Management:

  • Manage account governance process
  • Assist with the development of standard forms and procedures
  • Implement standardized processes/playbooks that create maximum efficiencies and add value
  • Assist in measuring transactional performance
  • Ensure that all client and broker engagement documentation is executed

Transaction Management:

  • Coordinate field broker selection process
  • Assist with determining client needs and communicate project parameters
  • Coordinate negotiations and management of transactions
  • Coordinate legal review of all client leased/owned documents
  • Ensure accuracy of financial data and reporting
  • Coordinate client site visits/market tours
  • Ensure all State real estate standards are met
  • Assist in the management of client rebate

Strategic Planning:

  • Assist in the development of strategic real estate plans
  • Identify occupancy cost opportunities
  • Ensure implementation of agreed upon strategy
  • Produce and/or support business case development
  • Execute strategies by developing action plans
  • Have a thorough understanding of the C&W platform and identify existing and new opportunities for enhancing service solutions and capabilities.
  • Contribute to the overall service and financial performance of C&W through effective cross-selling and relationships / contract expansion

Key Competencies

  • Customer Relationship Management
  • Communication Proficiency (oral and written)
  • Financial Analysis
  • Negotiation Skills
  • Organization Skills
  • Teamwork Orientation
  • Multi-Tasking
  • Presentation Skills
  • Technical Skills

Education

  • Bachelor's degree (BA/BS) required in any field; finance/real estate preferred

Experience

  • 5+ years of real estate experience in transactions management or corporate real estate

Additional eligibility qualifications

  • Must obtain and hold state real estate salesperson license in the state of Illinois
  • LEED, MCR, CCIM designations are a plus
  • Ability to read and understand commercial real estate transaction documents, such as a lease, purchase & sale agreement, sublease agreement, SNDA, estoppel, assignment agreement, etc.

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 114,750.00 - $135,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"

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