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Banking Operations Jobs in Arizona (NOW HIRING)

Northern Trust

Manager, Banking Operations

Tempe, AZ · On-site

$117K - $205K/yr

Summary The Manager - Banking Operations is accountable for the execution, control environment, and regulatory adherence of core Banking Operations functions. This role ensures effective oversight of ...

Northern Trust

Manager, Banking Operations

Tempe, AZ · Hybrid

$117K - $205K/yr

Summary The Manager - Banking Operations is accountable for the execution, control environment, and regulatory adherence of core Banking Operations functions. This role ensures effective oversight of ...

Northern Trust

Manager, Banking Operations

Tempe, AZ · On-site

$117K - $205K/yr

Summary The Manager - Banking Operations is accountable for the execution, control environment, and regulatory adherence of core Banking Operations functions. This role ensures effective oversight of ...

Northern Trust

Manager, Banking Operations

Tempe, AZ · Hybrid

$103K - $175K/yr

Manager, Banking Operations Summary This role offers the opportunity to lead a Banking Operations team responsible for transaction processing, document processing, new business account openings, and ...

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All JobsBanking Operations JobsBanking Operations Jobs in Arizona

Banking Operations information

See Arizona salary details

$9

$22

$45

How much do banking operations jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for banking operations in Arizona is $22.51, according to ZipRecruiter salary data. Most workers in this role earn between $14.33 and $25.77 per hour, depending on experience, location, and employer.

What are banking operations?

Banking operations refer to the daily activities, processes, and systems that banks use to manage accounts, process transactions, ensure compliance, and provide customer services. These operations include handling deposits and withdrawals, loan processing, clearing checks, maintaining records, and ensuring regulatory requirements are met. Efficient banking operations are crucial for ensuring smooth financial transactions, minimizing risks, and maintaining customer trust. Professionals in this field work behind the scenes to support the bank’s core functions and deliver seamless banking experiences.

What is the highest paying job in banking?

The highest paying roles in banking are typically executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Risk Officer (CRO), which require extensive experience, leadership skills, and advanced financial knowledge. Investment banking roles, especially managing directors and senior traders, also offer high compensation, often including bonuses and incentives. These positions usually demand advanced degrees, certifications, and a strong track record in finance and management.

What does banking operations work?

Banking operations work involves managing daily banking activities such as processing transactions, maintaining accounts, ensuring compliance with regulations, and supporting customer service. It requires attention to detail, knowledge of banking systems, and often involves using specialized software and tools. Professionals in this field help ensure the smooth functioning of a bank’s services and operations.

Is bank operations a good career?

Bank operations is a stable career that involves managing daily banking activities, processing transactions, and ensuring compliance. It often requires attention to detail, knowledge of banking systems, and can offer opportunities for advancement within financial institutions.

What is the salary of a banking operation officer?

The salary of a banking operations officer typically ranges from $40,000 to $70,000 annually, depending on experience, location, and the size of the financial institution. Entry-level positions may start lower, while experienced officers or those in senior roles can earn higher compensation, often supplemented with benefits and bonuses.

What is the difference between Banking Operations vs Bank Teller?

AspectBanking OperationsBank Teller
Primary RoleManage back-office functions, processing transactions, compliance, and account maintenanceAssist customers at the branch, handle deposits, withdrawals, and basic account inquiries
Required SkillsAttention to detail, knowledge of banking procedures, compliance standardsCustomer service, communication skills, basic banking knowledge
Work EnvironmentBack-office, administrative setting within banksBranch front-line, customer-facing environment
CertificationsOften requires banking or finance certifications, but not alwaysTypically requires basic banking or customer service training

Banking Operations and Bank Tellers both work within the banking industry but serve different functions. Banking Operations focuses on back-end processes, compliance, and transaction processing, while Bank Tellers interact directly with customers. Understanding these differences helps job seekers find roles aligned with their skills and career goals.

What are the key skills and qualifications needed to thrive in Banking Operations, and why are they important?

To thrive in Banking Operations, you need strong analytical abilities, attention to detail, and a solid understanding of financial regulations, often supported by a degree in finance, business, or a related field. Familiarity with core banking systems, transaction processing software, and regulatory compliance platforms is typically required. Excellent organizational skills, teamwork, and effective communication help professionals manage high-volume transactions and resolve issues efficiently. These competencies ensure the accuracy, security, and efficiency of daily banking activities, which are critical for maintaining trust and compliance in the financial sector.

What are some common challenges faced in a Banking Operations role, and how are they typically addressed?

Professionals in Banking Operations often encounter challenges such as managing high transaction volumes, adhering to strict regulatory requirements, and ensuring timely settlement of payments. These challenges are typically addressed by implementing robust process controls, utilizing specialized banking software, and participating in ongoing compliance training. Collaboration with compliance, IT, and front-office teams is also essential to streamline workflows and quickly resolve any discrepancies or issues that arise.
What are the most commonly searched types of Banking Operations jobs in Arizona? The most popular types of Banking Operations jobs in Arizona are:
What are popular job titles related to Banking Operations jobs in Arizona? For Banking Operations jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Banking Operations jobs in Arizona look for? The top searched job categories for Banking Operations jobs in Arizona are:
What cities in Arizona are hiring for Banking Operations jobs? Cities in Arizona with the most Banking Operations job openings:
Banking Operations jobs near you
Infographic showing various Banking Operations job openings in Arizona as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% Contract. Highlights an 89% Physical, 6% Hybrid, and 5% Remote job distribution, with an average salary of $46,817 per year, or $22.5 per hour.
Manager, Banking Operations

Manager, Banking Operations

Northern Trust

Tempe, AZ • On-site

$117K - $205K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago

Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Summary
The Manager - Banking Operations is accountable for the execution, control environment, and regulatory adherence of core Banking Operations functions. This role ensures effective oversight of deposit, card, and regulatory activities while maintaining strong risk management and compliance with applicable requirements.
The manager oversees deposit operations, debit card operations, and tax and regulatory processes supporting Wealth Management deposit products. As a key control owner and subject matter expert in tax withholding, the role partners with Compliance, Risk, Legal, Fraud, Payments, and Wealth Management teams to mitigate risk, ensure accuracy, and support audits and regulatory reviews. Leads a team responsible for execution and oversight of key Banking Operations functions, ensuring strong performance, risk management, and regulatory compliance.
Working Model: Hybrid
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Key Responsibilities
Banking Operations Oversight
  • Lead daily operations across Banking Operations functions, ensuring accuracy, timeliness, and adherence to service levels
  • Oversee end-to-end execution of banking activities, including account maintenance and exception management across deposit, card, and regulatory workflows
  • Drive operational effectiveness through performance monitoring, capacity management, and continuous improvement
  • Ensure alignment with enterprise standards and control requirements
  • Drive process improvement, automation, and operational efficiency initiatives
  • Partner with technology and product teams to enhance systems and workflows

People Leadership
  • Lead, coach, and develop a team within Banking Operations
  • Manage performance, capacity, and workload planning
  • Foster a strong risk and control culture while driving engagement and development

Wealth Management Deposit Operations
  • Oversee deposit account maintenance aligned to Wealth Management products
  • Ensure execution of deposit activities, including exception management and regulatory adherence
  • Maintain compliance with applicable regulations, including Reg II, Reg CC, and Reg D

Debit Card Operations
  • Oversee debit card operations, including card maintenance and error resolution
  • Ensure effective controls over card activity, including fraud monitoring, dispute management, and Regulation E compliance

Tax and Regulatory Operations
  • Provide subject matter expertise on tax withholding, documentation, and reporting requirements across Banking Operations
  • Ensure adherence to regulatory requirements, including W-8/W-9 documentation, withholding obligations, CTR filings, escheatment, and IRA-related processes
  • Oversee tax reporting and withholding for U.S. and non-U.S. accounts, including 1099 and 1042-S reporting
  • Oversee preparation and filing of Forms 945 and 1042 related to deposit activities
  • Act as control owner, ensuring appropriate control design, execution, and documentation

Reconciliation, Controls & Issue Resolution
  • Oversee general ledger and operational reconciliations across Banking Operations
  • Monitor exceptions, discrepancies, and external inquiries; identify control gaps and lead resolution and process improvements
  • Ensure adherence to audit standards, documentation requirements, and record retention policies

Audit, Compliance & Stakeholder Engagement
  • Serve as primary interface for internal audit, regulatory exams, and risk assessments
  • Lead coordination and remediation of findings, ensuring timely resolution
  • Act as liaison across stakeholders to ensure alignment on operational execution and regulatory expectations

Required Experience
  • Bachelor's degree in Accounting, Finance, Business, or related field
  • 7+ years of experience in banking operations or financial services
  • Knowledge of W-8/W-9 documentation, withholding, and tax filings related to Banking Deposit Acounts
  • Strong analytical, reconciliation, and problem-solving skills
  • Proven ability to manage risk, controls, and operational processes
  • Strong communication and stakeholder management skills
  • #LI-GG1
  • #LI-Hybrid

Salary Range:
$117,230 - 205,200 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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