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Deposit Operations Analyst Jobs in Arizona (NOW HIRING)

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Deposit Operations Analyst information

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How much do deposit operations analyst jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for deposit operations analyst in Arizona is $31.46, according to ZipRecruiter salary data. Most workers in this role earn between $22.40 and $37.64 per hour, depending on experience, location, and employer.

What is a deposit operations analyst?

A Deposit Operations Analyst is responsible for overseeing and ensuring the accuracy of deposit-related transactions within a financial institution. They handle account reconciliations, process exceptions, monitor regulatory compliance, and support operational efficiency. Their role involves analyzing transaction data, troubleshooting discrepancies, and collaborating with internal teams to enhance banking processes. Strong attention to detail, analytical skills, and knowledge of banking regulations are essential for this position.

What does a deposit operations analyst do?

A typical day for a Deposit Operations Analyst involves monitoring and reconciling deposit transactions, researching discrepancies or exceptions, and ensuring all processes comply with banking regulations and policies. You may also review account activity for potential fraud, assist with audits, and collaborate with other departments such as customer service and compliance to resolve issues. Most analysts work in a structured office environment as part of a larger operations or back-office team, with a blend of independent and collaborative tasks. This role offers valuable exposure to core financial operations and can serve as a solid foundation for career advancement within banking or financial services.

What skills and qualifications are needed to be a deposit operations analyst?

To thrive as a Deposit Operations Analyst, you need a strong understanding of banking operations, attention to detail, and familiarity with regulatory compliance, often supported by a degree in finance, accounting, or a related field. Experience with core banking systems, transaction processing software, and knowledge of regulations such as NACHA or BSA/AML are highly valued and sometimes required. Exceptional analytical thinking, problem-solving skills, and clear communication help you collaborate effectively and resolve issues efficiently. These competencies are essential to ensure the accurate processing of deposits, maintain compliance, and support the overall integrity of financial operations.

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.

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The top searched job categories for Deposit Operations Analyst jobs in Arizona are:

What cities in Arizona are hiring for Deposit Operations Analyst jobs?

Cities in Arizona with the most Deposit Operations Analyst job openings:

Infographic showing various Deposit Operations Analyst job openings in Arizona as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $65,428 per year, or $31.5 per hour.

Preferred and Small Business Banking - Analytics and Reporting Lead Analyst

Western Alliance Bancorporation

Phoenix, AZ โ€ข On-site

Full-time

Medical, Dental, Retirement

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

Job Title:
Preferred and Small Business Banking - Analytics and Reporting Lead Analyst
Location:
CityScape
What you'll do:
Serves as a senior technical lead within the Analytics and Reporting team, helping guide the day-to-day delivery of reporting solutions, analytics projects, dashboards, and data insights. This role acts as a primary partner for complex reporting requests, supports workload coordination, mentors analysts, and ensures reporting outputs are accurate, well-documented, and aligned with business needs.
  • Lead the development and enhancement of complex dashboards, scorecards, recurring reports, data models, and automated reporting solutions using BI tools, SQL, Excel, and enterprise data sources.
  • Serve as a key point of contact for reporting intake, requirements gathering, prioritization support, and solution design for high-impact business requests.
  • Translate business questions into analytical approaches, metric definitions, reporting logic, and clear visualizations that support decision-making across PSBB.
  • Provide technical guidance and quality review for reporting deliverables, including SQL logic, data validation, dashboard design, documentation, and user experience.
  • Partner with the Manager to coordinate team priorities, monitor request pipelines, identify delivery risks, and support resource planning for reporting and analytics work.
  • Support data governance by maintaining consistent metric definitions, documenting data sources, validating outputs, and escalating data quality issues when identified.
  • Conduct advanced analysis, trend monitoring, exception reporting, and root-cause analysis to identify performance drivers, operational gaps, and improvement opportunities.
  • Collaborate with stakeholders across Operations, Product, Compliance, Finance, Risk, Technology, and regional leadership to ensure reporting solutions are accurate, actionable, and aligned to business objectives.
  • Mentor analysts on SQL development, dashboard design, data visualization standards, documentation practices, and analytical storytelling.
  • Contribute to executive presentations, leadership updates, project readouts, and recurring business reviews by summarizing insights and recommended actions.
  • Identify opportunities to streamline manual processes, automate repeatable reporting, improve dashboard usability, and increase reporting scalability.
  • Support a collaborative team culture focused on accuracy, ownership, continuous learning, and consistent delivery.

What you'll need:
  • 5+ years of related experience in Analytics, Reporting, Analysis), Analytics, business intelligence, finance, banking operations, or a similar field.
  • Bachelor's degree or equivalent experience required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Advanced proficiency in SQL, Power BI, Excel, data visualization, and reporting automation preferred.
    Experience leading complex reporting initiatives, mentoring analysts, coordinating project work, or serving as a technical subject matter expert.
  • Intermediate knowledge and experience in business intelligence processes and experience implementing analytical change in growth environments; experience in project management and stakeholder engagement capabilities.
  • Intermediate knowledge and experience in overseeing automation initiatives or process improvement projects preferred. Familiarity with workflow optimization and integration of automated solutions is a plus.
  • Advanced speaking and writing communication skills.
  • Occasional travel required.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
ยฉ Western Alliance Bancorporation