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Deposit Operation Analyst Jobs (NOW HIRING)

Deposit Operation Analyst I

Olympia, WA ยท On-site

$21.50 - $32.25/hr

Deposit Operations Analyst I is part of WSECU's Deposit Operations team, focused on ensuring the accurate and timely execution of critical back-office functions that support consumer and business ...

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The Deposit Operations Analyst will be responsible for all duties associated with the daily functions and processing of the Deposit Operations, knowing ACH regulations and understanding the related ...

The position Deposit Ops Analyst II (Wires Department) performs daily operational tasks that are ... Implement knowledge of related state and federal banking compliance regulations, and Bank operation ...

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Deposit Operation Analyst information

See salary details

$35.5K

$115.9K

$139K

How much do deposit operation analyst jobs pay per year?

As of Jun 13, 2026, the average yearly pay for deposit operation analyst in the United States is $115,859.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,500.00 and $138,000.00 per year, depending on experience, location, and employer.

What are Deposit Operation Analysts?

Deposit Operation Analysts are banking professionals responsible for ensuring the accuracy and efficiency of deposit-related transactions and processes within financial institutions. They review and reconcile deposit accounts, monitor transaction activity for compliance, and resolve discrepancies or errors. Their role often involves working with account documentation, implementing policy changes, and supporting regulatory audits to maintain the integrity of deposit operations.

What are some common challenges Deposit Operation Analysts face, and how can they be addressed on the job?

Deposit Operation Analysts often encounter challenges such as managing high transaction volumes, ensuring compliance with evolving banking regulations, and identifying discrepancies in account activities. Successfully addressing these issues requires strong attention to detail, familiarity with banking software, and proactive communication with other departments like compliance and risk management. Staying updated with regulatory changes and leveraging process automation tools can help analysts maintain accuracy and efficiency in their daily responsibilities.

How much does a deposit operations analyst make?

A deposit operations analyst typically earns between $45,000 and $70,000 annually, depending on experience, location, and the size of the financial institution. Entry-level roles may start lower, while experienced analysts with certifications can earn higher salaries. The role often requires proficiency with banking software and attention to detail.

How much does a deposit operations specialist make at Cadence bank?

A deposit operations specialist at Cadence Bank typically earns an average salary ranging from $40,000 to $55,000 annually, depending on experience and location. Compensation may also include benefits such as health insurance and retirement plans, and the role often requires proficiency with banking software and attention to detail.

What is the highest paid position in a bank?

In banking, executive roles such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Risk Officer (CRO) are typically the highest paid positions, often earning multimillion-dollar compensation packages including salary, bonuses, and stock options. These roles require extensive experience, leadership skills, and often advanced certifications or degrees, and they oversee the bank's strategic direction and operations.

What is a deposit operations analyst?

A deposit operations analyst is responsible for processing and reconciling customer deposits, ensuring accuracy and compliance with banking regulations. They often use banking software and data management tools to monitor transactions, resolve discrepancies, and support daily banking operations.

What are the key skills and qualifications needed to thrive as a Deposit Operation Analyst, and why are they important?

To thrive as a Deposit Operation Analyst, you need a solid understanding of banking operations, regulatory compliance, and strong analytical skills, typically supported by a degree in finance, business, or a related field. Familiarity with core banking systems, transaction processing software, and knowledge of anti-money laundering (AML) regulations are commonly required. Attention to detail, problem-solving abilities, and effective communication skills help analysts identify discrepancies and collaborate across departments. These skills ensure the accurate processing of transactions, regulatory compliance, and the smooth functioning of deposit operations in financial institutions.
Infographic showing various Deposit Operation Analyst job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $115,859 per year, or $55.7 per hour.
Deposit Operation Analyst I

Deposit Operation Analyst I

WSECU

Olympia, WA โ€ข On-site

$21.50 - $32.25/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago


Job description

Deposit Operations Analyst I is part of WSECU's Deposit Operations team, focused on ensuring the accurate and timely execution of critical back-office functions that support consumer and business deposit services for our members. In this role, you will process a variety of operational tasks while supporting members and internal teams through phone, chat, and email. You'll respond to operational and technical inquiries, resolve account-related issues, and take swift, decisive action during complex or sensitive situations to restore services and deliver a positive member experience.

Our Deposit Operations Analysts perform key functions including Courtesy Pay and Negative Shares handling, mail processing, legal and research requests, records retention, and support of our core processing system, Symitar. You'll collaborate across teams, strengthen your problem-solving skills, and contribute to continuous improvement efforts that enhance operational efficiency. In this role, you will support the WSECU Brand Promise while upholding Operating Standards and Code of Conduct, ensuring compliance with regulatory requirements including the Bank Secrecy Act, and fostering a culture of integrity, accountability, and service excellence.

Your day might include:

  • Delivers service and support to co-workers, members, vendors, and external parties through phone, email, chat, and SharePoint, using effective communication and active listening to resolve issues
  • Provides guidance and support to leaders, staff, and business lines by resolving complex account issues and serving as a resource for deposit operations functions, including cross-trained department support
  • Ensures accuracy, compliance, and sound judgment in all work by meeting timelines, adhering to regulations, and maintaining record retention requirements
  • Performs and supports department operations by completing assigned functions and maintenance tasks, including Courtesy Pay and Negative Shares, GL reconciling, incoming and returned mail, legal requests, garnishments and levies, research requests, and operational support
  • Manages high call volume while assisting members and internal teams and maintaining consistent availability
  • Builds and maintains working relationships with co-workers while supporting departmental and organizational changes
  • Maintains confidentiality of sensitive information
  • Participates in team meetings and business line groups
  • Provides technical support for platforms including Application Extender, Ascensus, Department of Revenue systems, FIS, PASS, Remit, and Symitar
  • Serves as backup to Analyst II

What you bring to the team:

  • One (1) year experience in a financial institution
  • One (1) year experience in customer service, data and/or transaction analysis
  • Computer experience including proficiency in Microsoft Outlook, Excel and Word
  • Effective oral and written communication skills
  • Ability to analyze information and form recommendations

Bonus Points if you have:

  • Obtained AAP Certification
  • Proficient use of Symitar, Application Extender and Federal Reserve
  • Experience with processing ACH
  • Experience working with legal requests
  • Communication and Customer Service training

Competitive pay: $21.50 - $32.25 per hour, dependent on relevant qualifications, plus an annual discretionary incentive plan and benefits package

  • The target starting pay for this position is $21.50 - $26.87 per hour, typically within the first half of the range. Actual offers will be based on individual qualifications relevant to the role and will not take an applicant's pay history into account.
  • The range above allows our employees room for growth through annual merit and other pay increase during their tenure in the position.

Where we're located: 330 Union Ave, Olympia WA. Employee must reside and perform all work in the state of Washington. This is a hybrid position that blends working in-office and from home. Works onsite three (3) occasions per week.

When you'd work: Monday - Friday, between the hours of 7:00 am - 6:00. Full Time minimum 40 Hours per week with scheduling flexibility to meet service needs for this non-exempt position

Working from home/hybrid requirements:

  • Reliable, high-speed home internet connection
  • Private, confidential workspace, away from distractions and other people
  • Suitable desk/surface and desk chair

Perks: Here are a few benefits and perks we offer:

  • Medical, Dental, Vision, and Life Insurance with Premiums paid by WSECU
  • Full-Time Regular employees accrue general leave and sick leave, on a monthly basis
  • Part-Time employees accrue general leave, on a monthly basis
  • 11 Paid Holidays
  • Employer paid Long Term Disability & Long-Term Care plan for Full-Time employees
  • Employer paid Long Term Care plan for Part-Time employees
  • 401(K) with 8.5% Contribution by WSECU to begin 1st quarter after 1 year of service
  • Paid Volunteer Leave
  • Tuition Assistance
  • Employee Assistance Program & Employee Discounts
  • And, you get to work with some awesome people!

WSECU was named to the Forbes Best-In-State Credit Unionlist in 2025, making us the only credit union in Washingtonto earn this recognition five years in a row!

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#LI-Hybrid

We look forward to reviewing your application!All applicants must include a resume.
Visa sponsorship not available.
Contact us at 360-754-2118 with any questions.

We champion our employees' unique differences because we believe diversity is critical to the success of our members and the communities we serve. We're proud to provide a workplace based on equality and do not discriminate based on race, color, religion, creed, national origin, ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, or any other legally recognized protected basis under federal, state or local law.


Accommodations are available for applicants with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact 360-754-2118 or email us for assistance.


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About WSECU

Sourced by ZipRecruiter

Industry

Commercial banking

Company size

501 - 1,000 Employees

Headquarters location

Olympia, WA, US

Year founded

1957