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Wire Transfer Analyst Jobs in Decatur, IL (NOW HIRING)

Support global transfer of assets between Eaton organizations and external entities. * Communicate ... Strong analytical skills and business acumen. * Able to achieve goals by working collaboratively ...

Wire Transfer Analyst information

See Decatur, IL salary details

$30.1K

$71.1K

$126.1K

How much do wire transfer analyst jobs pay per year?

As of Jul 21, 2026, the average yearly pay for wire transfer analyst in Decatur, IL is $71,061.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,900.00 and $84,400.00 per year, depending on experience, location, and employer.

How long does a $300,000 wire transfer take?

As a Wire Transfer Analyst, processing a $300,000 wire transfer typically takes between a few hours to one business day if initiated during regular banking hours, depending on the bank's policies and whether the transfer is domestic or international. International transfers may take longer due to additional verification and currency conversion steps. Accurate documentation and compliance with anti-fraud measures can also affect processing times.

What does a wire transfer specialist do?

A wire transfer specialist is responsible for processing and verifying electronic fund transfers between banks or financial institutions. They ensure transactions are accurate, comply with regulations, and are completed securely, often using banking software and adhering to strict deadlines. Attention to detail and knowledge of banking procedures are essential in this role.

What does a Wire Transfer Analyst do?

A Wire Transfer Analyst is responsible for processing, monitoring, and verifying domestic and international wire transfers for a financial institution. They ensure the accuracy and security of transactions, follow compliance regulations such as anti-money laundering (AML) laws, and investigate any suspicious or unusual activity. Analysts also communicate with clients and other banks to resolve issues and ensure timely completion of transfers. Their role is crucial in maintaining the efficiency and integrity of financial transactions.

What type of analyst gets paid the most?

Among analysts, senior financial analysts, investment analysts, and data analysts with specialized skills or certifications tend to earn the highest salaries. Wire Transfer Analysts typically earn less than senior or specialized financial analysts, but experience, certifications like CFA, and working in high-demand financial environments can increase earning potential.

What are some common challenges faced by Wire Transfer Analysts, and how can they be effectively managed?

Wire Transfer Analysts often face challenges such as handling high volumes of transactions under tight deadlines and ensuring compliance with complex regulatory requirements. Staying organized and detail-oriented is essential to prevent errors and detect suspicious activities. Collaborating closely with compliance teams and regularly updating knowledge on anti-money laundering (AML) regulations can help manage these challenges effectively. Developing strong communication skills also aids in resolving issues quickly with clients or internal departments.

What are the key skills and qualifications needed to thrive as a Wire Transfer Analyst, and why are they important?

To thrive as a Wire Transfer Analyst, you need strong analytical skills, attention to detail, and a background in finance or banking, often supported by a relevant degree or experience. Familiarity with payment processing platforms, SWIFT systems, and compliance software is typically required, and certifications like ACAMS can be an asset. Excellent problem-solving abilities, clear communication, and a high degree of integrity are essential soft skills for this role. These skills and qualities are crucial to ensure the accuracy, security, and regulatory compliance of high-value financial transactions.

What is the highest paid job in banking?

In banking, executive roles such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Risk Officer (CRO) tend to be the highest paid, often earning multi-million dollar compensation packages including bonuses and stock options. Senior investment bankers and private equity professionals also earn high salaries, especially those with extensive experience and advanced certifications like CFA or MBA. Compensation varies based on institution size, location, and individual performance.

What is the difference between Wire Transfer Analyst vs Payment Processing Specialist?

AspectWire Transfer AnalystPayment Processing Specialist
Required CredentialsFinancial certifications (e.g., CFA, CPA), banking experienceFinancial certifications, customer service skills
Work EnvironmentBanking or financial institutions, back-office operationsFinancial institutions, payment companies, customer support
Employer & Industry UsageUsed in banking, corporate finance, and international tradeUsed in payment companies, banks, e-commerce
Common Search & ComparisonYesNo

The main difference is that a Wire Transfer Analyst focuses on managing and verifying international and domestic wire transfers within banking or financial institutions, often requiring specific financial certifications. A Payment Processing Specialist handles broader payment transactions, including card payments and online transfers, with a focus on customer service and transaction accuracy. Both roles are essential in financial services but serve different operational functions.

What are popular job titles related to Wire Transfer Analyst jobs in Decatur, IL? For Wire Transfer Analyst jobs in Decatur, IL, the most frequently searched job titles are:
What cities near Decatur, IL are hiring for Wire Transfer Analyst jobs? Cities near Decatur, IL with the most Wire Transfer Analyst job openings:
Program Manager - Engineering

Program Manager - Engineering

Eaton

Lincoln, IL • On-site

$97K - $143K/yr

Full-time

Medical, Retirement

Re-posted 19 hours ago


Eaton rating

7.6

Company rating: 7.6 out of 10

Based on 219 frontline employees who took The Breakroom Quiz

229th of 528 rated manufacturers


Job description

Eaton is seeking a Program Manager for its medium complexity projects, supporting the Residential & Wiring Devices Division (RWD) in the Electrical Sector Americas region. This position will be located at our Lincoln, IL facility. Relocation assistance will be provided.
This position is responsible for management of medium complexity projects for Eaton RWDD Programs. The Program Manager manages the project planning, execution, requirements changes, risk mitigation, and issue tracking. This will include the use of the PROLaunch process, Design and Process Failure Modes and Effects Analysis (FMEA's), Multi-Generational Product Planning (MGPP), SIOP input, and industrialization. In addition, this position will assist in product transitioning.
The expected annual salary range for this role is $97000 - $143000 a year. This position is also eligible for a variable incentive program. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations.
What you'll do:
  • Drive accountability for project scope and successful execution within technical, schedule, cost and quality commitments.
  • Establish objectives, goals, and provide direction to the program and project teams in areas of customer needs, potential changes in scope and risk assessment.
  • Ensure the PROLaunch team creates and maintains the Activity Matrix deliverables and leads the Program team during phases and Gate Review events.
  • Ensure standard program management processes are utilized and adequate support to the program and project teams by coordinating PM reviews, preparing & publishing PM metrics and reports.
  • Work in cross-disciplinary manner with other departments (e.g., Manufacturing, Marketing, Procurement, Customer Support, Suppliers, etc.) and facilitate the PROLaunch processes.
  • Coordinate all risks and requirements of the program by planning, controlling, integrating all projects into the programs and measuring all elements to ensure the requirements and goals are successfully achieved through team meetings.
  • Financial acumen to complete required capital appropriation request for the assigned programs.
  • Support global transfer of assets between Eaton organizations and external entities.
  • Communicate timely project status to internal leaders.
  • Understand project impact to the business and identify impact of project changes on the portfolio.
  • Drives the implementation of company standard tools to improve Program Management performance at the site. Such as ProPM and IBP
  • Completes other duties as assigned.

Qualifications:
Basic (required) Qualifications:
  • Bachelor's degree from an accredited institution.
  • Three (3) years of combined experience in manufacturing, engineering, program management or leadership of project teams.
  • Ability to travel on business up to 20% of the time, including international travel.
  • Eaton will not consider applicants for employment immigration sponsorship or support for this position. This means that Eaton will not support any CPT, OPT, or STEM OPT plans, F-1 to H-1B, H-1B cap registration, O-1, E-3, TN status, I-485 job portability, etc.

Preferred qualifications:
  • Bachelor's degree in engineering from an accredited institution
  • Knowledge or experience in risk management and product design
  • Five (5) years of program leadership with the ability to manage both horizontally and vertically within a complex matrix organization.
  • Experience with Project Management software, MAPICS, and PowerBI tools
  • Project Management Institute (PMI) accreditation (PMP)
  • Bilingual (Spanish & English)

Skills:
  • Well-developed communication and presentation skills - both verbal and written with ability to make necessary status reports and technical presentations to Eaton management and customer.
  • Strong analytical skills and business acumen.
  • Able to achieve goals by working collaboratively and cross-functionally.
  • Capable of working effectively in diverse cultural situations with our global team members.
  • Capable of initiating and providing recommendations for Business Unit and Division senior leadership review and approval that will achieve desired outcomes.

All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates' privacy rights and data security will be protected in accordance with applicable laws.
We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.
Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.
You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.
To request a disability-related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.
We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.

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About Eaton

Sourced by ZipRecruiter

Industry

Electrical equipment, appliance, and component manufacturing

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US