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Banking Operations Associate Jobs in Virginia (NOW HIRING)

Senior Risk Specialist | Retail Bank

Mclean, VA ยท On-site

$99K/yr

Day-to-day, this associate will be working with select business, Compliance, Human Resources and ... Banking Operations * At least 2 years of experience in Retail Banking or Financial Services * At ...

Senior Risk Specialist | Retail Bank

Mclean, VA ยท On-site

$99K/yr

Day-to-day, this associate will be working with select business, Compliance, Human Resources and ... Banking Operations * At least 2 years of experience in Retail Banking or Financial Services * At ...

Basic understanding of risk management principles, banking operations, products/services, systems, and associated risks/controls. * Previous experience as a GRC user Physical Requirements: * Express ...

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Banking Operations Associate information

See Virginia salary details

$11

$26

$52

How much do banking operations associate jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for banking operations associate in Virginia is $26.02, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $30.05 per hour, depending on experience, location, and employer.

What are some common challenges faced by banking operations associates, and how can they be effectively managed?

Banking Operations Associates often encounter challenges such as managing high transaction volumes, adhering to strict regulatory requirements, and coordinating across multiple departments to resolve discrepancies. Effective time management, attention to detail, and strong communication skills are essential to navigate these challenges. Additionally, staying updated on compliance policies and leveraging internal resources for support can help associates maintain accuracy and efficiency in a fast-paced environment.

What does a banking operations associate do at a bank?

A banking operations associate is responsible for processing transactions, maintaining account records, and ensuring compliance with banking policies. They often use banking software and may handle tasks such as account reconciliations, fraud detection, and customer support to ensure smooth daily operations. Strong attention to detail and knowledge of banking procedures are essential for this role.

What is a banking operations associate?

Banking Operations Associates are professionals who support the daily functions of a bank by processing transactions, ensuring regulatory compliance, and maintaining accurate records. They handle tasks such as account management, reconciliations, data entry, and assisting with audits. Their role is crucial in ensuring efficient and secure banking operations, as they work closely with other departments to resolve issues and improve processes. Banking Operations Associates play a key part in maintaining the integrity and reliability of financial services.

Is banking operations a stressful job?

Banking operations associates often work in fast-paced environments that require attention to detail and adherence to strict regulations, which can lead to stress, especially during high-volume periods or when resolving complex issues. The role involves handling sensitive financial data and meeting deadlines, making organizational skills and stress management important. However, workload and stress levels can vary depending on the employer and specific responsibilities.

What are the key skills and qualifications needed to thrive as a banking operations associate?

A Banking Operations Associate needs strong analytical abilities, attention to detail, and a solid understanding of banking procedures, often supported by a degree in finance, business, or a related field. Familiarity with banking software, transaction processing systems, and compliance tools is typically required, along with knowledge of industry regulations. Excellent organizational skills, problem-solving abilities, and effective communication set top performers apart in this role. These competencies ensure accurate transaction management, regulatory compliance, and efficient support of daily banking operations.
What are the most commonly searched types of Banking Operations jobs in Virginia? The most popular types of Banking Operations jobs in Virginia are:
What are popular job titles related to Banking Operations Associate jobs in Virginia? For Banking Operations Associate jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Banking Operations Associate jobs in Virginia look for? The top searched job categories for Banking Operations Associate jobs in Virginia are:
What cities in Virginia are hiring for Banking Operations Associate jobs? Cities in Virginia with the most Banking Operations Associate job openings:
Infographic showing various Banking Operations Associate job openings in Virginia as of August 2026, with employment types broken down into 86% Full Time, 11% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $54,120 per year, or $26 per hour.

Retail Operations Associate

First Sentinel Bank

Wytheville, VA โ€ข On-site

$14.50 - $15/hr

Full-time

Re-posted 17 days ago


Job description

Job Summary:
Under the general supervision of the branch Retail Operations Supervisor, the Retail Operations Associate operates in a branch service provider role that provides both paying and receiving services in accordance with Bank policy and procedures. Provides service to customers regarding daily transactions, processes receipt and payment of cash, answers inquiries, opens new accounts if necessary, and refers customers for appropriate services. Responsible for development of new business relationships and maintaining existing
  • Profile, identifying high risk accounts at account opening, and reporting suspicious activities to supervisor.
  • Participates in sales, service and product training meetings.
  • Promotes and explains other financial institution services such as consumer and mortgage loans, IRAs, certificates of deposit, safe deposit boxes, etc.
  • Opens new deposit accounts for consumer and commercial customers.
  • Receives mortgage, consumer loan and other payments and ensures the payments match balances due. Enters payments into computer. Generates customer receipts.
  • Places holds on accounts for uncollected funds.
  • Counts, checks and packages coins and currency.
  • Balances cash drawer at the end of the shift and compares totaled amounts to computer generated proof sheet. Reports any discrepancies to the supervisor as necessary.
  • Responsible for checking night depository bags and recording proper information on the financial institutionโ€™s forms.
KSAs (Knowledge, Skills, Abilities)
  • Thorough knowledge of paying and receiving functions of the Bank.
  • Adept knowledge of all Bank deposit products and services.
  • Ability to effectively communicate across various audiences.
  • Proficient in Microsoft Office applications, including Word, Excel, and Outlook.
  • Exceptional customer service skills.
  • Proficient analytical skills.
  • Ability to conduct account and/or transaction research and communicate summarized results when requested.
  • Able to work and act independently as well as work effectively within a team environment.
  • Strong sales and relationship building capabilities.
  • Ability to use sound judgement and decision-making skills.
  • Ability to effectively manage multiple tasks and consistently meet deadlines.
  • Strong organizational and time management skills.
  • Ability to adapt to new processes and tasks quickly and effectively.
  • Willingness to participate in on-going product, process and policy training as assigned.
  • Excellent verbal and written communication skills.
Additional Requirements (Education, Experience)
  • High School Diploma or equivalent.
  • At least 1 year experience in a cash handling and/or customer service environment.
  • Some experience in finance, banking, accounting, or similar industry preferred.
  • Must be able to occasionally travel for training or other business-related matters.