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Wire Processor Jobs in Chicago, IL (NOW HIRING)

Processing Responsibilities: * Review loan application packages for completeness and accuracy ... Manage wire activity, including ordering wires, tracking incoming wires for purchased loans, and ...

Payment Operations Specialist

Chicago, IL ยท On-site +1

$27.88 - $33.65/hr

Daily Payout Processing * Prepare ACH, Wise, and wire batches according to runbooks and daily cutoffs. * Process returns, retries, and payout exceptions accurately and on time. Records & Controls

Process Engineer

Elgin, IL ยท On-site

$70K - $80K/hr

Combined Metals is a premier North American processor and specialty strip and wire distributor built through 50 years of growth and acquisition. Combined Metals is North America's largest independent ...

Combined Metals is a premier North American processor and specialty strip and wire distributor built through 50 years of growth and acquisition. Combined Metals is North America's largest independent ...

Operate and maintain material growth reactors and other process equipment to produce materials ... Soldering, wire bonding, and/or machine tool experience are a plus U.S. Citizenship required. This ...

Operate and maintain material growth reactors and other process equipment to produce materials ... Soldering, wire bonding, and/or machine tool experience are a plus U.S. Citizenship required. This ...

Process Technician

Bolingbrook, IL ยท On-site

$50K - $65K/yr

Job Title: Process Technician Location: Bolingbrook, IL & Dallas, TX Employment Type: Direct ... wire bonding, or machine tool experience is a plus. * Proficiency with Microsoft Office ...

Showing results 41-60

Wire Processor information

See Chicago, IL salary details

$9

$17

$26

How much do wire processor jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for wire processor in Chicago, IL is $17.25, according to ZipRecruiter salary data. Most workers in this role earn between $13.85 and $19.81 per hour, depending on experience, location, and employer.

What is a wire processor?

Wire processors are professionals responsible for handling the processing of wire transfers, which are electronic transfers of funds between banks or financial institutions. They review, verify, and execute both incoming and outgoing wire transactions, ensuring accuracy and compliance with regulations. Wire processors often work in banking environments and must maintain confidentiality, follow anti-fraud procedures, and provide excellent customer service. Their work is essential for maintaining the security and efficiency of electronic fund movements.

What are the key skills and qualifications needed to thrive as a wire processor?

To thrive as a Wire Processor, you need strong attention to detail, familiarity with banking procedures, and a high school diploma or equivalent. Proficiency with wire transfer systems (such as Fedwire or SWIFT), banking software, and compliance tools is typically required. Exceptional organizational skills, accuracy, and the ability to work under pressure help candidates excel in this role. These skills are crucial to ensure secure, error-free processing of financial transactions and to maintain regulatory compliance.

What are some typical challenges a wire processor might face during daily operations?

Wire Processors often manage high volumes of time-sensitive transactions, requiring strict attention to detail and adherence to regulatory compliance. Handling multiple wire requests simultaneously can be challenging, especially when ensuring accuracy and preventing fraud. Effective communication with internal teams and external clients is crucial to resolve discrepancies quickly and to meet tight deadlines. Staying updated on evolving banking regulations and security protocols is also essential for success in this role.

What is the difference between Wire Processor vs Wire Assembler?

AspectWire ProcessorWire Assembler
Primary RolePrepares, cuts, and terminates wires for manufacturingAssembles wires into components or products
Skills & CertificationsBasic electrical knowledge, hand tools proficiencyElectrical understanding, assembly skills
Work EnvironmentManufacturing or production facilitiesElectronics or appliance assembly lines
Industry UsageElectronics, aerospace, automotiveElectronics, appliances, telecommunications

Wire Processors focus on preparing and terminating wires, while Wire Assemblers integrate wires into finished products. Both roles require electrical knowledge and are common in manufacturing settings, but they differ in scope and specific tasks.

What are popular job titles related to Wire Processor jobs in Chicago, IL?

For Wire Processor jobs in Chicago, IL, the most frequently searched job titles are:

Infographic showing various Wire Processor job openings in Chicago, IL as of September 2026, with employment types broken down into 4% As Needed, 87% Full Time, 6% Part Time, 2% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $35,872 per year, or $17.2 per hour.

Mortgage Loan Processer/Closer

Oak Brook, IL โ€ข On-site

$19 - $28/hr

Full-time

Medical, Dental, Vision, Life

Re-posted yesterday


Job description

Position: Full-Time Mortgage Loan Processer/Closer -- Grade 7
Location: Oak Brook Operations Center
Reports to: VP Team amp; Group Team Lead, Residential Mortgage Lending
Hours: Monday through Friday 8:00-5:00
Mortgage Loan Processor/Closer
Summary: As a member of the Mortgage Loan Operations team, this position is responsible for preparing, processing, assembling, verifying, and closing residential mortgage loans in accordance with Bank and investor guidelines. Processing will constitute approximately 70%, with Closer responsibilities the other 30% for this position.
Essential Duties and Responsibilities include the following:
Processing Responsibilities:
  • Review loan application packages for completeness and accuracy, reconciling application information against system input and confirming individual data fields. Perform quality control on loan packages to ensure all required dates, signatures, URLA/1003 documents, and disclosures are complete.
  • Verify and validate supporting income, asset, and liability documentation to confirm the accuracy of submitted information and alignment with automated underwriting decisions.
  • Verify income, assets, liabilities, and appraisals in accordance with established departmental procedures.
  • Review appraisals, credit reports, title insurance, flood certifications, and tax certificates for accuracy and completeness.
  • Prepare and submit timely, accurate loan files in compliance with applicable local, state, and federal regulations, including but not limited to RESPA, Regulation Z, and CFPB requirements.
  • Demonstrate working knowledge of Freddie Mac and Fannie Mae underwriting guidelines and systems, including LP and DU.
  • Utilize Encompass software effectively to support mortgage loan processing activities.
  • Obtain and review documentation to ensure acceptability and satisfaction of underwriting conditions.
  • Submit credit packages to the correspondent lender for underwriting review and provide all required underwriting conditions in a timely manner.
  • Complete final quality assurance reviews, including reverification of employment and review of any additional debt.
  • Coordinate closely with the Mortgage Loan Consultant and correspondent lender, while keeping the department and other relevant stakeholders informed of file status.
  • Establish and maintain effective working relationships with Mortgage Loan Consultants, investors, attorneys, title companies, Realtors, and developers.
Closing Responsibilities:
  • Prepare closing documents in accordance with final underwriting approval, ensuring quality, accuracy of closing fees, and satisfaction of all closing conditions to support loan salability.
  • Work with title companies to coordinate and confirm loan closings, validate and transmit final figures, and approve funding.
  • Review HUD-1 statements and related reports for accuracy.
  • Prepare closing packages using IDS and complete the TIL test.
  • Manage wire activity, including ordering wires, tracking incoming wires for purchased loans, and providing wire breakdowns to Bank staff.
  • Work with correspondent lenders to prepare and deliver loans for sale and provide final documentation, including loan registration and transfer through MERS to the new lender.
  • Resolve all post-closing deficiencies in accordance with investor requirements.
  • Maintain strong working relationships with Mortgage Loan Consultants, investors, attorneys, title companies, insurance companies, Realtors, and developers to support efficient operations, provide updates and documentation, and respond to questions or issues related to the mortgage loan process.
  • Utilize LaserPro effectively to support closing functions.
Additional Responsibilities:
  • Support a collaborative team environment by cross-training in a variety of mortgage operations functions and stepping in as needed to assist team members, including file opening and support for Mortgage Loan Consultants.
  • Perform other duties and responsibilities as assigned.
Qualifications:
To perform this job successfully, an individual must be able to carry out each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and abilities needed for the role.
  • Strong knowledge of mortgage loan processing and closing, including an understanding of the end-to-end mortgage lending process and the technical skills required to support it.
  • Knowledge of TRID and Closing Disclosure requirements.
  • Intermediate proficiency in Microsoft Office applications.
  • Intermediate proficiency in Encompass and LaserPro.
  • Experience with FiServ DNA is helpful.
  • Excellent verbal and written communication skills, with the ability to interact effectively with a broad range of internal and external contacts.
  • Strong attention to detail and accuracy.
  • Ability to work independently, manage multiple priorities, and meet time-sensitive deadlines in a fast-paced environment.
  • Ability to use a 10-key calculator.
  • Ability to use the web-based document preparation system IDS.
  • Working knowledge of LP and DU systems.
  • Strong understanding of APR and non-APR fees.
  • Working knowledge of RESPA, Regulation Z, and CFPB guidelines.
  • Working knowledge of mortgage processing software, including Encompass.
Education and/or Experience:
High school diploma or general education degree (GED) required. A minimum of five years of mortgage lending experience is preferred.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this role. While performing the duties of this position, the employee is regularly required to talk and hear. The employee frequently is required to stand, walk, sit, and use hands to finger, handle, or touch objects. The employee is occasionally required to reach with hands and arms and must occasionally lift and/or move up to 10 pounds. Specific vision abilities required for this position include close vision and the ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
WORKING CONDITIONS
Work is performed in a typical office environment with adequate lighting and temperature control. The role is not generally exposed to hazardous or unpleasant conditions caused by noise, dust, or similar environmental factors.
BENEFIT INFORMATION
Lakeside Bank offers a wide variety of benefit programs for our employees. We offer 3 Blue Cross Blue Shield Medical plans (2 PPO amp; 1 HMO plan). Our PPO Dental plans are offered through Principal. The Bank subsidizes a large percentage of the monthly premiums. We also offer Vision insurance through Principal VSP. Employees are able to select from Single coverage, Employee amp; Spouse coverage, Employee amp; Child(ren) coverage or Family coverage levels.
The Bank provides Life/AD amp;D, Short-term Disability, and Long-term Disability insurance โ€“ at no cost to the employee. We offer a variety of supplemental ancillary products such as supplemental life for employee, spouse and/or children, accident, critical illness, hospital indemnity and pet insurance. Additional information on each plan can be provided upon request.
SALARY INFORMATION
This is a non-exempt, hourly position. Mortgage Loan Processor/Closer Compensation will be based upon background and level of experience. The compensation range is $19.00 -- $28.00.
DISCLAIMER
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
Lakeside Bank Equal Employment Opportunity Policy:
Lakeside Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.