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Transaction Processor Jobs in Baltimore, MD (NOW HIRING)

Sparks Group

Senior Mortgage Processor

Baltimore, MD · On-site

$50K - $90K/yr

Primarily purchase transactions with exposure to all loan types. * Support a team of Loan Officers ... Broker/wholesale processing experience strongly preferred. * Strong understanding of mortgage ...

Tower

Consumer Lend Processor

Laurel, MD · On-site

$25.76 - $32.20/hr

Incumbent performs administrative duties including data entry, monetary transactions and ... The Consumer Lending Processor function is face-paced; the incumbent must have the ability to ...

Tower

Consumer Lend Processor

Laurel, MD · On-site

$25.76 - $32.20/hr

Consumer Lend Processor Job Category : Consumer Lending Requisition Number : CONSU003594 * * Posted ... Incumbent performs administrative duties including data entry, monetary transactions and ...

Verra Mobility

Lead Processing Specialist

Columbia, MD · On-site

Verra Mobility is currently hiring a Lead Processing Specialist, Event Processing, in our Government Solutions Transaction Processing department. This informal leader is someone who exercises good ...

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All JobsTransaction Processor JobsTransaction Processor Jobs in Baltimore, MD

Transaction Processor information

See Baltimore, MD salary details

$12

$19

$31

How much do transaction processor jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for transaction processor in Baltimore, MD is $19.38, according to ZipRecruiter salary data. Most workers in this role earn between $16.25 and $20.05 per hour, depending on experience, location, and employer.

What does a Transaction Processor do?

A Transaction Processor is responsible for reviewing, verifying, and processing various types of financial or data transactions within an organization. Their duties often include entering transaction details into computer systems, ensuring accuracy and compliance with company policies, and resolving any discrepancies that may arise. Transaction Processors play a crucial role in maintaining the integrity and smooth operation of financial or administrative processes, often working in banking, insurance, or other business sectors. Strong attention to detail, organizational skills, and familiarity with data entry systems are essential for this role.

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

To thrive as a Transaction Processor, you need strong attention to detail, data entry proficiency, and a high school diploma or equivalent educational background. Familiarity with transaction processing software, databases, and financial systems such as SAP or Oracle is typically required. Reliability, time management, and effective communication are valuable soft skills for meeting deadlines and resolving discrepancies. These skills ensure accurate, timely processing of financial transactions and help maintain organizational integrity and customer satisfaction.

What are some common challenges faced by Transaction Processors, and how can they be effectively managed?

Transaction Processors often encounter high volumes of data entry and must accurately process financial or customer transactions under tight deadlines. Managing repetitive tasks without compromising on accuracy can be challenging, as errors may have significant financial or compliance implications. Staying organized, leveraging automation tools where available, and maintaining clear communication with team members help ensure efficiency and minimize mistakes. Regular training and feedback from supervisors also support continuous improvement and adaptability to new procedures or systems.

What is the difference between Transaction Processor vs Data Entry Clerk?

AspectTransaction ProcessorData Entry Clerk
Required CredentialsHigh school diploma; some roles may require banking or financial certificationsHigh school diploma or equivalent
Work EnvironmentFinancial institutions, banks, or processing centersOffices, administrative settings
Employer & Industry UsageFinancial services, banking, insuranceVarious industries including healthcare, retail, and government
Common Search & ComparisonOften compared for accuracy and processing speedCompared for data accuracy and volume handling

Transaction Processors focus on handling financial transactions, verifying data, and ensuring accuracy in banking or financial settings. Data Entry Clerks primarily input and manage data across various industries. While both roles require attention to detail, Transaction Processors often need specific financial knowledge and certifications, whereas Data Entry Clerks focus on general data management skills.

What are popular job titles related to Transaction Processor jobs in Baltimore, MD? For Transaction Processor jobs in Baltimore, MD, the most frequently searched job titles are:
What job categories do people searching Transaction Processor jobs in Baltimore, MD look for? The top searched job categories for Transaction Processor jobs in Baltimore, MD are:
Transaction Processor jobs near you
Senior Representative, Client Processing - RAM

Senior Representative, Client Processing - RAM

T Rowe Price

Owings Mills, MD • Hybrid

$18.25 - $25.25/hr

Other

Posted 21 days ago

T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

Job description

Role Summary

Provides advanced support to clients and processing of client transactions. Completes advanced analyses and reporting.

Responsibilities

  • Reviews and processes moderately complex transactions; reviews requests for proper documentation and authorization; performs necessary research in account history.
  • May perform quality checks of transaction processed by other team members. Identifies and takes action on errors; researches and implements prevention plans to minimize similar errors in the future; maintains departmental standards for quality and productivity.
  • Works with more senior associates on projects designed to improve business processes. Proactively identifies and recommends areas where improvements to straightforward transaction processing or client support can be improved.
  • Continues to develop knowledge of clients and client requirements. Works to develop mastery over firm policies and practices and identifies issues and areas of improvement where applicable.
  • Communicates either verbally or in writing with clients.

Qualifications

Required:

  • High school/secondary school or the equivalent combination of education and relevant experience AND
  • 1+ years of total relevant work experience

Preferred:

  • Minimum of 6 months of IICP Processing experience
  • Experience in Back Office processing
  • Experience using Salesforce, TA Hub and DST
  • Financial Industry knowledge

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to two days per week from home.

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