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Transaction Processing Manager Jobs in Chicago, IL

JLL

Senior Transaction Manager

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

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

Parkvue Realty

Transaction Coordinator

Highland Park, IL · On-site

$55K - $65K/yr

  • Medical

  • PTO

The Transaction Coordinator plays a key role in managing and executing all closing activities for a ... Maintain accurate and organized records throughout the transaction process Qualifications

Parkvue Realty

Transaction Coordinator

Highland Park, IL · On-site

$55K - $65K/yr

  • Medical

  • PTO

The Transaction Coordinator plays a key role in managing and executing all closing activities for a ... Maintain accurate and organized records throughout the transaction process Qualifications

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All JobsTransaction Processing JobsTransaction Processing Manager JobsTransaction Processing Manager Jobs in Chicago, IL

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 Aug 13, 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 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 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?

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 most commonly searched types of Transaction Processing jobs in Chicago, IL?

The most popular types of Transaction Processing jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Transaction Processing Manager jobs?

Cities near Chicago, IL with the most Transaction Processing Manager job openings:

Transaction Processing Manager jobs near you

Invoice Processing Manager

Shared Apartment Services

Chicago, IL • On-site

$73K - $95K/yr

Full-time

Re-posted 9 days ago

Job description

Description
Position: Invoice Processing Manager
DUTIES: Supervise and guide the daily activities of the invoice processing team to ensure timely and accurate processing of invoices. Assist in onboarding and training of new team members. Ensure that all invoices are matched to purchase orders and entered accurately into the Salesforce system. Monitor the reconciliation of processed invoices by matching them with vendor statements ensuring completeness and accuracy. Liaise with vendors to resolve any discrepancies, including missing invoices or payment issues. Coordinate with the Accounts Payable department to schedule and facilitate timely vendor payments. Collaborate with the Accounts Payable Manager to identify areas for improvement in invoice processing and implement standardized procedures. Assist in maintaining accurate account ledgers by verifying transactions and ensuring that credits are correctly recorded. Work closely with maintenance supervisors to ensure timely creation and processing of Purchase Orders. Engage in cross-departmental initiatives to improve workflow and productivity. Will supervise 2 Accounts Payable Associates.
MINIMUM REQUIREMENTS: This position requires a Bachelor's degree or equivalent in Finance, Accounting, or a related field and 6 months related accounting experience. Must also have demonstrated experience with each of the following: 1) Inputting Purchase Orders and Invoices for monthly recurring services in Salesforce; 2) Following up with Maintenance Managers to create Purchase Orders for invoices received; 3) Processing invoices and liaising with vendors to request invoices for Approved Purchase Orders; 4) Contacting new vendors to provide needed documents for onboarding and set-up in Salesforce; and 5) Logging into supply vendors' web portals to reconcile accounts and download invoices to process to keep accounts current. Salary: $73,133 to $95,000/year. Full-time, position located in Chicago, IL. Employer will accept experience gained concurrently. Candidates must pass a drug test before beginning employment. Please apply online at https://jobs.jobvite.com/sharedapartmentservices.

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