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Deposit Operations Associate Jobs in Minnesota (NOW HIRING)

The ideal candidate will possess a solid understanding of deposit operations and potential ... Professional knowledge generally acquired through an Associate's or Bachelor's degree program.

Associate

Roseville, MN ยท On-site

$42K - $46K/yr

We are looking for an Associate to support both finance and deposit operations for an independent banking organization in Roseville, Minnesota. This role combines accounting-related work with daily ...

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Deposit Operations Associate information

See Minnesota salary details

$11

$25

$52

How much do deposit operations associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for deposit operations associate in Minnesota is $25.70, according to ZipRecruiter salary data. Most workers in this role earn between $17.40 and $29.66 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?

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.

What are the most commonly searched types of Deposit Operations jobs in Minnesota? The most popular types of Deposit Operations jobs in Minnesota are:
What are popular job titles related to Deposit Operations Associate jobs in Minnesota? For Deposit Operations Associate jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Deposit Operations Associate jobs in Minnesota look for? The top searched job categories for Deposit Operations Associate jobs in Minnesota are:
What cities in Minnesota are hiring for Deposit Operations Associate jobs? Cities in Minnesota with the most Deposit Operations Associate job openings:
Infographic showing various Deposit Operations Associate job openings in Minnesota as of August 2026, with employment types broken down into 88% Full Time, 9% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $53,464 per year, or $25.7 per hour.

Deposit Operations Specialist

CivicMinds, Inc.

MN โ€ข On-site

Full-time

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


Job description

Position Summary
Under the general direction of the VP of Operations, this position will perform a variety of operational and accounting functions. There must be a coordinated and consistent approach to risk management operations. The ideal candidate will possess a solid understanding of deposit operations and potential legalities.
This role serves as a point of contact for escalated inquiries. Responsibilities are moderate to complex and carry a regulatory, monetary, or potential reputational risk impact if not handled in a timely manner. The specialist interacts with both customers and staff on areas of concern.
Key Responsibilities
  • Core Deposit Operations: Handle file maintenance, new CD and CD renewal amendment processing, dormant account monitoring and resolution, return mail research, and digital payment troubleshooting.
  • Legal & Compliance Functions: Process legal requests such as subpoenas, levies, and inquiries. Prepare unclaimed property reports and handle document imaging and hard-copy filing.
  • Fraud & Risk Management: Manage fraud processing, monitor POS disputes, and update customer debit card profiles due to travel requests or fraud alert cases.
  • Transaction Processing: Process wire transfers, including creation or verification under dual control. Perform exception item processing (EIM) and mobile deposit processing.
  • Reconciliation & Approvals: Reconcile ATMs and teller activities for multiple branch locations, and handle decision-making on large dollar-hold items.
  • Inbound Monitoring: Monitor general contact and electronic message logs, referring inquiries to the appropriate departments.
  • Growth Path: Learn and adopt cash management tasks as this position evolves.
  • Regulatory Compliance: Ensure strict adherence to all internal policies and procedures, as well as applicable state and federal banking regulations, including but not limited to: ACH Rules, BSA and OFAC requirements, Regulation DD, Regulation E, Red Flag, and Regulation CC.
Education and Special Requirements
  • Education: Professional knowledge generally acquired through an Associate's or Bachelor's degree program.
  • Experience:
    • 3-5 years of extensive experience in a bank operations environment.
    • 1-3 years in a customer service role.
    • Demonstrated experience working with fraud cases.
  • Certifications & Compliance Knowledge:
  • Strong working knowledge of check education, compliance, and exchange rules.
  • Technical Skills:
    • Proficiency in Microsoft Excel, Word, and Outlook.
    • Experience with major core banking systems (e.g., Fiserv) is highly beneficial.