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Banking Operations Jobs in Rhode Island (NOW HIRING)

Citizens Bank

Transaction Processing Analyst

Johnston, RI · On-site

$17 - $21/hr

... banking operations, preferably in Transaction Processing • Strong understanding of payment types (ACH, check processing, returns, exceptions, etc.) • Proven experience in process improvement or ...

Citizens

Transaction Processing Analyst

Johnston, RI · Hybrid

$17 - $21/hr

... in banking operations, preferably in Transaction Processing Strong understanding of payment types (ACH, check processing, returns, exceptions, etc.) Proven experience in process improvement or ...

Citizens

Transaction Processing Analyst

Johnston, RI · Hybrid

$17 - $21/hr

... in banking operations, preferably in Transaction Processing Strong understanding of payment types (ACH, check processing, returns, exceptions, etc.) Proven experience in process improvement or ...

Citizens

Transaction Processing Analyst

Johnston, RI · Hybrid

$17 - $21/hr

... in banking operations, preferably in Transaction Processing Strong understanding of payment types (ACH, check processing, returns, exceptions, etc.) Proven experience in process improvement or ...

Citizens Bank

Servicing Ops Manager

Johnston, RI · On-site

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

New

Citizens

Servicing Ops Manager

Johnston, RI

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

New

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All JobsBanking Operations JobsBanking Operations Jobs in Rhode Island

Banking Operations information

See Rhode Island salary details

$9

$23

$48

How much do banking operations jobs pay per hour?

As of Aug 3, 2026, the average hourly pay for banking operations in Rhode Island is $23.65, according to ZipRecruiter salary data. Most workers in this role earn between $15.05 and $27.07 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 Rhode Island? The most popular types of Banking Operations jobs in Rhode Island are:
What are popular job titles related to Banking Operations jobs in Rhode Island? For Banking Operations jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Banking Operations jobs in Rhode Island look for? The top searched job categories for Banking Operations jobs in Rhode Island are:
What cities in Rhode Island are hiring for Banking Operations jobs? Cities in Rhode Island with the most Banking Operations job openings:
Banking Operations jobs near you
Infographic showing various Banking Operations job openings in Rhode Island as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $49,200 per year, or $23.7 per hour.

Sr Sourcing Lead- Banking Operations & Services

Citizens Bank

Johnston, RI • On-site

$123K - $161K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago

Job description


Citizens has recently transformed the sourcing experience to the business. In the role as a Senior Sourcing Lead, Banking Services & Operations, you will be armed with key spend data, forward looking market intelligence and a fully integrated source to pay process, enabling you to be a strong strategic partner with business line executives. This will help you drive shorter cycle times, increased market intelligence, higher level strategic discussions and increased savings opportunities.
The Senior Sourcing Lead will report to the Category Team Manager in Strategic Sourcing within Procurement. The Lead will drive cost savings initiatives for the assigned commodity and consider the total cost of ownership across the Bank.
The successful candidate will partner with business owners to identify market and economic trend opportunities and execute against them to continually improve the value derived from third party relationships. The primary focus is to align with the business lines in a way that generates a positive impact to them achieving their business goals, while optimizing value to the overall organization.
Primary responsibilities include
  • Achieve cost savings and improve quality and service levels by identifying opportunities and sourcing strategies for strategic/complex negotiations.
  • Oversee all spend activity for assigned commodity and determine proper action plan for all purchases that meet Procurement involve threshold.
  • Lead cross-functional teams to execute sourcing initiatives including the competitive bidding process and contract negotiations.
  • Ability to negotiate, including contract red lining for all types of corporate transactions using an Agile contracting framework.
  • Provide Category Procurement subject matter expertise for the associated business/function.
  • Effectively work with functional and business groups as a trusted advisor to determine desired product/service specifications and projected demand when making recommended action plans.
  • Maintain close relations with the industry supply base and industry experts with the objective to develop innovative solutions to complex problems.
  • Proactively identify improvement opportunities for assigned category areas and recommend key actions.
  • Utilize analytical thinking and tools to identify new benefits generation; prioritize projects to ensure demonstrated impact to the business.

Required Qualifications
  • 4+ years of progressive experience in Contract negotiation, vendor management and strategic sourcing.
  • Demonstrated experience leading complex negotiations and enterprise-wide sourcing initiatives.
  • Strong commercial acumen and financial modeling capability.
  • Advanced analytical skills with the ability to translate data into actionable insights.
  • Experience working cross-functionally and driving consensus across stakeholders.
  • Structured, organized, and methodical planning skills.
  • Executive-level communication and presentation skills.

Preferred Qualifications
  • Experience in financial services or other regulated industries.
  • Knowledge of third-party risk management frameworks and regulatory environments.
  • Experience managing large, complex spend portfolios.
  • MBA or professional certification (CPSM, CIPS, or similar).

Core Competencies
  • Strategic thinking and long-term planning
  • Negotiation and influencing skills
  • Financial and analytical rigor
  • Risk-aware decision making
  • Stakeholder management and executive presence
  • Change leadership in matrixed environments

Hours & Work Schedule
  • 40 hours per week
  • Monday - Friday

Pay Transparency
The salary range for this position is $123,000- $161,000 per year, plus an opportunity to earn additional incentive earnings (if applicable). Actual pay is based on various factors including, but not limited to, the budget, work location, and relevant skills and experience. No other portions of the posting are changing, including benefits language or incentive guidance (e.g., Teller roles should continue to remove incentive language as noted).
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .
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About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

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