How Much Does a Transaction Settlement Specialist Make in Massachusetts?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Transaction Settlement Specialist in Massachusetts is $61,005. While Salary.com is seeing that Transaction Settlement Specialist salary in MA can go up to $76,867 or down to $44,653, but most earn between $52,446 and $69,308. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Transaction Settlement Specialist
Settlement Specialist
$47,929
Massachusetts
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Transaction Processing Specialist
$57,373
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Transaction Banking Specialist
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Similar Job Salaries to Transaction Settlement Specialist by Company

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Company average base salary in (usd) range
MPS Baltic
OP Corporate Bank - Settlement Specialist
$65,712/yr
$59,301
$72,124
RANGE: $59,301 - $72,124
$70,386/yr
$63,427
$77,345
RANGE: $63,427 - $77,345
Phyton Talent Advisors
Settlement Specialist
$95,777/yr
$86,952
$104,602
RANGE: $86,952 - $104,602
NextEra Energy Resources, LLC
SETTLEMENT SPECIALIST
$73,026/yr
$65,340
$80,712
RANGE: $65,340 - $80,712
Phaxis
Settlement Specialist
$53,426/yr
$47,995
$58,856
RANGE: $47,995 - $58,856
Swipejobs
Settlement Specialist
$59,591/yr
$54,633
$64,549
RANGE: $54,633 - $64,549
Golub Capital
Settlement Specialist
$53,911/yr
$48,733
$59,090
RANGE: $48,733 - $59,090
Bank of America
Transaction Management Operations Analyst-Securities Settlement Operations
$57,756/yr
$50,485
$65,027
RANGE: $50,485 - $65,027
Jobot
Estate Settlement Adivsor
$108,634/yr
$99,676
$117,592
RANGE: $99,676 - $117,592

Open Transaction Settlement Specialist Jobs in Massachusetts

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Top 10 Highest Paying Cities For Transaction Settlement Specialist Jobs in Massachusetts

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Transaction Settlement Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Transaction Settlement Specialist job salaries in Massachusetts. Some cities can pay higher salaries for Transaction Settlement Specialist jobs, which can indicate that there is a large demand for Transaction Settlement Specialist positions in this city.
The following table shows top 10 cities where the Transaction Settlement Specialist salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Transaction Settlement Specialist salary is $62,519 in Boston, which is higher than the national average. There are 36 cities' Transaction Settlement Specialist salary higher than national average in Massachusetts.
The average salary for a Transaction Settlement Specialist in Massachusetts is $61,005, but we found that the city with the highest salary for Transaction Settlement Specialist jobs is Boston, MA, and it is higher than Cambridge. Transaction Settlement Specialist jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boston $62,519 $5,210 $1,202 $30
Cambridge $62,519 $5,210 $1,202 $30
Waltham $62,519 $5,210 $1,202 $30
Newton $62,519 $5,210 $1,202 $30
Arlington $62,519 $5,210 $1,202 $30
Brookline $62,519 $5,210 $1,202 $30
Lynn $62,519 $5,210 $1,202 $30
Malden $62,519 $5,210 $1,202 $30
Medford $62,519 $5,210 $1,202 $30
Quincy $62,519 $5,210 $1,202 $30

What Does a Transaction Settlement Specialist Do?

Work with Accounting, Branches, Retail Operations Support and other Debit and Credit Card Services staff to reconcile ATM, shared branch and MasterCard transaction settlements, reports and general ledgers.
Updated November 26, 2021
Review of transaction data, preparation of Commission Disbursement Authorizations and settlement of files.
Updated October 07, 2021
Review transaction documents and incoming settlement statements to ensure documents match Enterprise before settling files.
Updated October 06, 2021

Frequently Asked Questions About a Transaction Settlement Specialist Salaries

What is the average of a Transaction Settlement Specialist in Massachusetts?

The Transaction Settlement Specialist salary range is from $52,446 to $69,308, and the average Transaction Settlement Specialist salary is $61,005/year in Massachusetts. The Transaction Settlement Specialist's salary will change in different locations.

Which location pays the highest Transaction Settlement Specialist salary in the United States?

The Transaction Settlement Specialist salary in San Jose, CA is $70,703 which is the highest in the US.

What kinds of reasons will influence the Transaction Settlement Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Transaction Settlement Specialist.

What is the growth rate of the Transaction Settlement Specialist's salary?

If you are thinking of becoming a Transaction Settlement Specialist or planning the next step in your career, find the detailed salary report of a Transaction Settlement Specialist.