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Deposit Operations Analyst Jobs in Arizona (NOW HIRING)

Western Alliance Bank

Portfolio Manager I

Phoenix, AZ · On-site

... deposit operations, loan administration, treasury management and/or other commercial banking ... Credit analyst training completed. * Intermediate speaking and writing communication skills.

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All JobsDeposit Operations Analyst JobsDeposit Operations Analyst Jobs in Arizona

Deposit Operations Analyst information

See Arizona salary details

$13

$31

$52

How much do deposit operations analyst jobs pay per hour?

As of Aug 13, 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 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 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.

How much do deposit operations analysts make?

Deposit operations analysts typically earn a median annual salary of around $50,000 to $70,000, depending on experience, location, and the size of the financial institution. Entry-level roles may start lower, while experienced analysts or those with specialized skills can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is a deposit operations analyst a good career?

A deposit operations analyst is a stable role within the banking and financial services industry, focusing on processing and managing deposit transactions, reconciling accounts, and ensuring compliance. It often requires strong attention to detail, proficiency with banking software, and knowledge of financial regulations, making it a viable career path for those interested in finance and operations. Career growth can include advancing to supervisory or managerial positions with experience and additional certifications.

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.

What are popular job titles related to Deposit Operations Analyst jobs in Arizona? For Deposit Operations Analyst jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Deposit Operations Analyst jobs in Arizona look for? 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:
Deposit Operations Analyst jobs near you
Infographic showing various Deposit Operations Analyst job openings in Arizona 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 $65,428 per year, or $31.5 per hour.

First Line Risk & Control Analyst

Western Alliance Bank

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Posted 21 days ago

Job description

Job Title:

First Line Risk & Control Analyst

Location:

CityScape

What you'll do:

As a First Line Risk & Control Analyst you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy. In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units.
  • Support the timely preparation and execution of the Risk and Control updates and refresh information through the collection of data from various sources as defined in desktop procedures. Facilitate meetings to review process understanding and process map documentation.
  • Provide effective and timely execution of projects with a sense of urgency for deliverables. Review policies and procedures to document process maps and narratives.
  • Support identification of risks and controls in processes under review including the drafting of risks and controls in line with standards. Provide assessment of control environment and determine effective risk mitigation or identify gaps.
  • Support conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties, issues, regulatory, legal matters, etc.

What you'll need:

  • 2+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Entry level to intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
  • Entry level to intermediate knowledge of and experience in documenting process maps in process mapping software. Experience identifying risks and controls in processes.
  • Intermediate speaking and writing communication skills.

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.

Western Alliance Bancorporation

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