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Transaction Processor Jobs (NOW HIRING)

Citizens

Transaction Processing Analyst

Riverside, RI · Hybrid

$16.75 - $20.50/hr

Description The Transaction Processing Analyst is responsible for identifying, evaluating, and implementing process improvements across transaction processing operations. This role partners closely ...

Neumo Group LLC.

Transaction Processor I (Remote)

$17.50 - $21.50/hr

Processing claims for state clients in accordance with the approved guidelines * Handling telephone, email or fax inquiries from claimants or holders * Following up with claimants and holders to ...

Citizens

Transaction Processing Analyst

Riverside, RI · Hybrid

$16.75 - $20.50/hr

The Transaction Processing Analyst is responsible for identifying, evaluating, and implementing process improvements across transaction processing operations. This role partners closely with business ...

Citizens Bank

Transaction Processing Analyst

Riverside, RI · On-site

$16.75 - $20.50/hr

The Transaction Processing Analyst is responsible for identifying, evaluating, and implementing process improvements across transaction processing operations. This role partners closely with business ...

Citizens

Transaction Processing Analyst

Riverside, RI · Hybrid

$16.75 - $20.50/hr

Description The Transaction Processing Analyst is responsible for identifying, evaluating, and implementing process improvements across transaction processing operations. This role partners closely ...

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Transaction Processor information

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How much do transaction processor jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for transaction processor in the United States is $19.50, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $20.19 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.

More about Transaction Processor jobs
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Transaction Processor jobs near you
Infographic showing various Transaction Processor job openings in the United States as of June 2026, with employment types broken down into 83% Full Time, 11% Part Time, 4% Temporary, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $40,568 per year, or $19.5 per hour.
Transaction Processor, Retirement Department

Transaction Processor, Retirement Department

National Benefit Services, LLC

West Jordan, UT • Remote

$17.50 - $21.50/hr

Full-time

Posted 6 days ago

Job description

Job Description

Full-time, fully remote position in the Retirement Department as a Transaction Processor. Working 8 AM to 5 PM in your time zone, Monday through Friday. Wonderful working environment with opportunities for growth. This position is hourly, and nonexempt.

Duties
•Become proficient in participant transaction processing such as contribution remittance, distribution & loan requests, and enrollment processing
•Interact with participants and various plan contacts via phone and email
•Maintain appropriate documentation of all client interactions
•Work closely with team and as a member of the Retirement Department
•Attend team, department, and company trainings
•Willing to learn, understand and implement IRS code and DOL regulations applicable to retirement plans
•Learn current processes, then as appropriate, provide feedback for increased efficiencies
•Actively contribute to a positive team environment
•Must meet or exceed required level of Key Performance Indicators (KPIs) in all measured areas
•Perform other duties as assigned by Supervisor or Director

Qualifications
•General computer abilities with various types of software applications
•Proficient with Microsoft Suite, particularly Outlook, Word, and Excel
•Highly motivated, hard-working, and positive attitude
•Strong typing and 10-key skills
•Highly attentive to detail and accuracy
•Exemplary customer service skills both on the phone and via email
•Bilingual useful, Spanish language preferred
•Must be professional in both verbal and written communication

Educational Requirements - High School Diploma or equivalent

Physical Requirements - This position requires the employee to be seated the majority of the work time. There is no travel associated with this position

Note: The statements herein are intended to describe the general nature and level of work for the designated position. The statements are not a complete list of responsibilities, duties, and skills required of personnel so classified. Also, they do not establish a contract for employment, do not eliminate your "at-will" status in any way, and are subject to change at the discretion of National Benefit Services, LLC. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, gender identity or expression, affectional or sexual orientation, disability, nationality or sex