The noise is belt squeal, zero doubt about it. Not the box or pump. The "hissing" is the box, but that's the least of my worries at the moment.
As far as the tire iron trick, I'm well versed lol. I've been in industrial maintenance most of my career, much of it involving mechanical reliability and root cause failure analysis. Before we got "fancy", my tool of choice was a broomstick to determine issues within large bearings. Now I use ultrasound but, I'll be honest, sometimes a makeshift mechanics stethoscope is just as easy/effective.
I mentioned it in another thread, but that's part of what's annoying about my experience. I felt as though I was blown off when I brought up the issues, and I'm far from inexperienced/idiotic. I've designed multiple hydraulic systems, rebuilt up to 800hp gearboxes, hold multiple maintenance/reliability certifications... I'm not a moron, and I rarely complain or go back to a vendor with issues. Honestly, I think I have a bad box. The fluid was dirty from the start, even with 100% new components throughout the whole system, and took three times of flushing to look acceptable to me. I should've done an oil sample to see what was contaminating it; that would've given me an indication as to what the heck was going on.