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Deposit Operations Associate Jobs (NOW HIRING)

Babich & Assoc.

Deposit Operations Specialist

Dallas, TX · On-site

$50K - $65K/yr

Our bank customer is seeking a skilled and detail-oriented Deposit Operations Specialist to join our growing operations team. In this role, you will play a critical part in supporting the Bank ...

Servbank

Deposit Operations Specialist

Hoopeston, IL · On-site

$18.50 - $23.47/hr

Requirements: · High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. · Experience in deposit operations, treasury ...

Servbank

Deposit Operations Specialist

Clifton, IL · On-site

$18.50 - $23.47/hr

Requirements: · High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. · Experience in deposit operations, treasury ...

Servbank

Deposit Operations Specialist

Bourbonnais, IL · On-site

$18.50 - $23.47/hr

Requirements: · High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. · Experience in deposit operations, treasury ...

Servbank

Deposit Operations Specialist

Phoenix, AZ · On-site

$18.50 - $23.47/hr

Requirements: · High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. · Experience in deposit operations, treasury ...

Servbank

Deposit Operations Specialist

Hoopeston, IL · On-site

$18.50 - $23.47/hr

Requirements • High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. • Experience in deposit operations, treasury ...

Servbank

Deposit Operations Specialist

Melville, NY · On-site

$18.50 - $23.47/hr

Requirements • High school diploma or equivalent required; associate or bachelor's degree in business, finance, or a related field preferred. • Experience in deposit operations, treasury ...

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How much do deposit operations associate jobs pay per hour?

As of Jun 8, 2026, the average hourly pay for deposit operations associate in the United States is $26.24, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $30.29 per hour, depending on experience, location, and employer.

What are some common challenges Deposit Operations Associates face, and how can they effectively manage them?

Deposit Operations Associates often handle high volumes of transactions and must ensure accuracy while meeting tight deadlines. One common challenge is managing multiple priorities, such as processing deposits, reconciling accounts, and resolving discrepancies, all while maintaining compliance with banking regulations. Effective time management, strong attention to detail, and clear communication with team members are key to successfully navigating these demands. Many organizations provide ongoing training and use robust banking software to streamline processes and reduce errors.

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

To thrive as a Deposit Operations Associate, you need a solid understanding of banking procedures, attention to detail, and familiarity with deposit account regulations, typically supported by a high school diploma or equivalent. Proficiency with core banking systems, transaction processing software, and compliance tools like BSA/AML monitoring platforms is commonly required. Strong organizational skills, reliability, and effective communication help you excel in handling high-volume tasks and collaborating with internal teams. These skills are essential to ensure accurate transaction processing, regulatory compliance, and efficient support for both customers and bank operations.

What is a Deposit Operations Associate?

A Deposit Operations Associate is a banking professional responsible for managing and processing various deposit-related transactions within a financial institution. Their duties typically include verifying and reconciling deposits, handling account maintenance, processing payments, and ensuring compliance with banking regulations. They play a crucial role in supporting daily banking operations and providing customer service related to deposit accounts. Attention to detail and knowledge of banking procedures are essential for this position.

What is the difference between Deposit Operations Associate vs Bank Teller?

AspectDeposit Operations AssociateBank Teller
Primary RoleProcessing deposits, verifying transactions, maintaining account accuracyHandling customer transactions, cash handling, account inquiries
Required SkillsAttention to detail, knowledge of banking systems, data entryCustomer service, cash handling, communication skills
Work EnvironmentBack-office, data processing, administrative tasksFront-line, customer-facing, branch environment
CertificationsTypically none required, but banking or financial certifications can helpNone required, but customer service experience preferred

While both roles are essential in banking, a Deposit Operations Associate focuses on processing and verifying transactions behind the scenes, ensuring data accuracy. A Bank Teller interacts directly with customers, handling cash and providing service. Both roles require attention to detail and knowledge of banking procedures, but they differ mainly in their daily tasks and work environment.

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Deposit Operations Associate jobs near you
Part-Time Deposit Operations Associate

Part-Time Deposit Operations Associate

Drake Bank

Saint Paul, MN

Part-time

Posted 5 days ago

Job description

SUMMARY:

The Part-Time Deposit Operations Associate is responsible for the administration of deposit operations products and services. The Part-Time Deposit Operations Associate provides superior customer service to internal and external clients, while conducting operational tasks.

This is an on-site, part-time position with 20 hours per week.

ESSENTIAL DUTIES & RESPONSIBILITES:

Deposit Operations and Electronic Banking (75%)

  • Orders scanners, initiates tokens, and performs testing of user access and processes
  • Coordinates system issues with appropriate departments and opens cases with Fiserv for further troubleshooting when necessary
  • Conducts monthly audit reviews, 90-day and annual audits of cash management client files and services
  • Scans online enrollment forms into Director and files accordingly
  • Maintains knowledge of past and current bank products and services while staying updated on emerging technologies, services, and operational trends
  • Establishes and maintains procedures for all electronic banking and cash management services
  • Partners with Deposit Operations Officer to provide adequate information, education, and training to other departments within the Bank to ensure a collaborative and informative environment
  • Performs simple online banking updates to ensure clients have access to appropriate accounts and products.
  • Assists with projects within Deposit Operations that may include online banking clean-up and set-up of additional security measures

Client Service (20%)

  • Assists clients with Online Banking, including locked access and password resets
  • Answers incoming calls or emails to provide excellent client service regarding technical and operational questions or problems
  • Researches and investigates complex inquiries, fraud, errors, and other issues as necessary
  • Partners with clients on EnFact reporting to identify possible fraudulent transactions on debit cards

Back-Up Duties (5%)

  • Reviews and approves remote and mobile deposits throughout the day
  • Assists and provides back-up to daily reporting and account review
  • Process ACH returns for items originated by bank clients, including posting entries and return communication
  • Serves as the backupin the oversight of manual returns, fed adjustments, reclamations, manual PIMS, and other occurrences
  • Processes or verifies incoming and outgoing wire transfers while ensuring the use of proper procedures and the collection of applicable documentation
  • Provides backup assistance to Operations team members as necessary

OTHER RESPONSIBILITIES:

  • Assists with special projects and functions, as needed.
  • Performs all job functions and interactions with fellow bank employees, customers, vendors, and prospective customers within the guidelines of the Drake Bank Mission and Core Values: Dedicated, Reliable, Authentic, Knowledgeable, and Ethical.
  • Performs other duties as assigned.

REGULATORY COMPLIANCE RESPONSIBILITIES:

  • Continually enhances knowledge of regulatory and compliance issues through completion of all required online training and attendance at in-house and external training presentations.
  • Performs all job functions in accordance with Federal and State regulations and within banking policies.

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