Automatic transfer switches. * Power monitoring hardware and software. * Data/phone distribution ... For details on data processing, view our Recruitment Privacy Notice.
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Automatic transfer switches. * Power monitoring hardware and software. * Data/phone distribution ... For details on data processing, view our Recruitment Privacy Notice.
Wire Transfer Processor information
See Memphis, TN salary details
$9.11 - $10.15
2% of jobs
$10.15 - $11.19
0% of jobs
$11.19 - $12.23
1% of jobs
$12.23 - $13.27
1% of jobs
$13.27 - $14.31
4% of jobs
$14.31 - $15.35
4% of jobs
$16.11 is the 25th percentile. Wages below this are outliers.
$15.35 - $16.39
17% of jobs
The median wage is $17.20 / hr.
$16.39 - $17.43
26% of jobs
$17.43 - $18.47
19% of jobs
$18.49 is the 75th percentile. Wages above this are outliers.
$18.47 - $19.51
13% of jobs
$19.51 - $20.55
13% of jobs
$9
$17
$20
How much do wire transfer processor jobs pay per hour?
As of Aug 9, 2026, the average hourly pay for wire transfer processor in Memphis, TN is $17.43, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $18.89 per hour, depending on experience, location, and employer.
What are the common challenges faced by wire transfer processors, and how can they be managed?
Wire Transfer Processors often encounter challenges such as handling high transaction volumes under tight deadlines, ensuring strict compliance with anti-money laundering (AML) and fraud prevention regulations, and maintaining accuracy to avoid costly errors. To manage these, professionals rely on strong attention to detail, effective time management, and continuous training on regulatory updates. Collaboration with compliance teams and clear communication with clients and internal departments also help minimize risks and ensure smooth transaction processing.
Who processes wire transfers?
Wire transfers are processed by banking professionals such as wire transfer processors or banking staff responsible for handling electronic fund transfers. These employees use banking software and follow security protocols to ensure accurate and secure transactions, often working within financial institutions' operations or payment processing departments.
What are the key skills and qualifications needed to thrive as a wire transfer processor?
To thrive as a Wire Transfer Processor, you need a solid understanding of banking procedures, attention to detail, and experience with financial transaction processing, often supported by a high school diploma or some college coursework in finance. Familiarity with core banking systems, SWIFT, Fedwire, and compliance software is typically required. Strong organizational skills, accuracy, and effective communication help ensure smooth processing and error resolution. These skills are crucial to maintain the integrity, security, and efficiency of high-value financial transactions.
What is the difference between Wire Transfer Processor vs Payment Processing Specialist?
| Aspect | Wire Transfer Processor | Payment Processing Specialist |
|---|---|---|
| Credentials | Typically requires banking or financial certifications | Often requires payment industry certifications (e.g., PCI DSS) |
| Work Environment | Banking or financial institutions handling international and domestic wire transfers | Payment companies or merchant services handling various payment methods |
| Industry Usage | Common in banking, finance, and international money transfer services | Common in e-commerce, retail, and payment service providers |
The main difference is that Wire Transfer Processors focus specifically on executing and verifying wire transfers within banking environments, often dealing with international transactions. Payment Processing Specialists handle a broader range of payment methods, including credit cards and digital payments, across various industries. Both roles require financial knowledge but differ in scope and industry focus.
What does a wire transfer processor do?
A Wire Transfer Processor is responsible for handling and processing electronic funds transfers between banks or financial institutions. They ensure that wire transfers are completed accurately, securely, and in compliance with regulatory requirements. Their duties include verifying transaction details, detecting and preventing fraud, and resolving any issues that may arise during the transfer process. Wire Transfer Processors play a critical role in maintaining the integrity and efficiency of financial transactions.
What cities near Memphis, TN are hiring for Wire Transfer Processor jobs? Cities near Memphis, TN with the most Wire Transfer Processor job openings:
SpaceX rating
8.8
Based on 147 frontline employees who took The Breakroom Quiz
15th of 72 rated aerospace companies
Job description
SpaceXAI's mission is to create AI systems that can accurately understand the universe and aid humanity in its pursuit of knowledge. Our team is small, highly motivated, and focused on engineering excellence. This organization is for individuals who appreciate challenging themselves and thrive on curiosity. We operate with a flat organizational structure. All employees are expected to be hands-on and to contribute directly to the company's mission. Leadership is given to those who show initiative and consistently deliver excellence. Work ethic and strong prioritization skills are important. All employees are expected to have strong communication skills. They should be able to concisely and accurately share knowledge with their teammates.
As a member of the facility operations team, you will design, build, and activate some of the world's most technically advanced facilities and data centers. As an electrical engineer, you will design and build power systems that directly contribute to new infrastructure projects. You will be able to operate with autonomy to solve diverse and complex problems, excel at managing multiple projects simultaneously, and work in a dynamic, fast-paced environment. You will work with other MEP engineers, trade partners, and internal customers to support these goals and have the opportunity to drive real global impact, ultimately leading to making life multiplanetary.
RESPONSIBILITIES:- Work in a team environment with other engineering disciplines to provide detailed electrical design and specification for the installation of the following equipment and systems:
- Electrical power distribution systems.
- Switch-gear and motor control centers.
- Exterior and interior lighting.
- Ground support system controls and ladder logic.
- Uninterruptible power supply (UPS) units.
- Standby and emergency generators.
- Automatic transfer switches.
- Power monitoring hardware and software.
- Data/phone distribution and wiring.
- Building and site grounding systems.
- Fire alarm systems and lightning protection systems.
- Provide electrical engineering support to facility technicians to troubleshoot existing electrical equipment and controllers.
- Provide engineering support for the design, operation, and troubleshooting of all the facility's electrical components and systems, including:
- Load flow analysis of electrical power distribution systems.
- Electrical equipment evaluation.
- Building and facility equipment grounding.
- Power monitoring hardware and software.
- Ensure that all equipment interfaces properly with other mechanical and electrical systems, including compatibility with facility power budgets.
- Coordinate all electrical installations and maintenance activities with local electrical utilities personnel.
- Ensure all electrical designs and installations conform to applicable codes and regulations.
- Provide code review and analysis utilizing NFPA 70E, NFPA 70 NEC, NFPA 497, NFPA 101, Vol 5 & 6 AFSPCMAN 91-710, and IBC.
- Bachelor's degree in electrical engineering or other engineering discipline.
- 3+ years of professional experience working on electrical projects, power distribution systems, switchgear, UPS's, and/or generators.
- 5+ years of years of professional experience in a similar role.
- Professional Engineering (PE) license.
- Ability to read and understand power and control schematics.
- Ability to read and understand highly technical equipment operation and maintenance (O&M) manuals.
- Experience with variable frequency drives (VFDs) and industrial pumps.
- Experience with controls in MODBUS communication.
- Experience with medium voltage distribution.
- Experience with control panel design and production.
- Working knowledge of power coordination and arc flash.
- Ability to work on multiple tasks concurrently.
- High level of self-motivation, with the ability to work under minimal supervision.
- Good organizational skills.
- Ability to prioritize and schedule workload.
- Strong written and verbal communication skills.
SpaceXAI is an equal opportunity employer. For details on data processing, view our Recruitment Privacy Notice.
About SpaceX
Sourced by ZipRecruiter
Industry
Aerospace product and parts manufacturing, data services, guided missile and space vehicle manufacturing and satellite telecommunications
Company size
1,001 - 5,000 Employees
Headquarters location
Hawthorne, CA, US