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Deposit Operations Associate Jobs in Virginia (NOW HIRING)

Carmax

Business Office Associate - Part Time

Suffolk, VA · On-site

$15.50 - $23.30/hr

Handle cash management tasks, including receiving payments, preparing deposits, and maintaining security protocols. * Train and mentor new associates and support store operations by assisting ...

Carmax

Business Office Associate - Part Time

Hampton, VA · On-site

$15.50 - $23.30/hr

Handle cash management tasks, including receiving payments, preparing deposits, and maintaining security protocols. * Train and mentor new associates and support store operations by assisting ...

Carmax

Business Office Associate - Part Time

Norfolk, VA · On-site

$15.50 - $23.30/hr

Handle cash management tasks, including receiving payments, preparing deposits, and maintaining security protocols. * Train and mentor new associates and support store operations by assisting ...

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All JobsDeposit Operations Associate JobsDeposit Operations Associate Jobs in Virginia

Deposit Operations Associate information

See Virginia salary details

$11

$26

$52

How much do deposit operations associate jobs pay per hour?

As of Jul 6, 2026, the average hourly pay for deposit operations associate in Virginia is $26.02, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $30.05 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.

What are the most commonly searched types of Deposit Operations jobs in Virginia? The most popular types of Deposit Operations jobs in Virginia are:
What are popular job titles related to Deposit Operations Associate jobs in Virginia? For Deposit Operations Associate jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Deposit Operations Associate jobs in Virginia look for? The top searched job categories for Deposit Operations Associate jobs in Virginia are:
What cities in Virginia are hiring for Deposit Operations Associate jobs? Cities in Virginia with the most Deposit Operations Associate job openings:
Deposit Operations Associate jobs near you
Infographic showing various Deposit Operations Associate job openings in Virginia as of June 2026, with employment types broken down into 79% Full Time, and 21% Part Time. Highlights an 75% In-person, and 25% Hybrid job distribution, with an average salary of $54,120 per year, or $26 per hour.
Retail Operations Associate

Retail Operations Associate

First Sentinel Bank

Wytheville, VA

$14.50 - $15/hr

Full-time

Posted 11 days ago

Job description

Job Summary:
Under the general supervision of the branch Retail Operations Supervisor, the Retail Operations Associate operates in a branch service provider role that provides both paying and receiving services in accordance with Bank policy and procedures. Provides service to customers regarding daily transactions, processes receipt and payment of cash, answers inquiries, opens new accounts if necessary, and refers customers for appropriate services. Responsible for development of new business relationships and maintaining existing
  • Profile, identifying high risk accounts at account opening, and reporting suspicious activities to supervisor.
  • Participates in sales, service and product training meetings.
  • Promotes and explains other financial institution services such as consumer and mortgage loans, IRAs, certificates of deposit, safe deposit boxes, etc.
  • Opens new deposit accounts for consumer and commercial customers.
  • Receives mortgage, consumer loan and other payments and ensures the payments match balances due. Enters payments into computer. Generates customer receipts.
  • Places holds on accounts for uncollected funds.
  • Counts, checks and packages coins and currency.
  • Balances cash drawer at the end of the shift and compares totaled amounts to computer generated proof sheet. Reports any discrepancies to the supervisor as necessary.
  • Responsible for checking night depository bags and recording proper information on the financial institution’s forms.
KSAs (Knowledge, Skills, Abilities)
  • Thorough knowledge of paying and receiving functions of the Bank.
  • Adept knowledge of all Bank deposit products and services.
  • Ability to effectively communicate across various audiences.
  • Proficient in Microsoft Office applications, including Word, Excel, and Outlook.
  • Exceptional customer service skills.
  • Proficient analytical skills.
  • Ability to conduct account and/or transaction research and communicate summarized results when requested.
  • Able to work and act independently as well as work effectively within a team environment.
  • Strong sales and relationship building capabilities.
  • Ability to use sound judgement and decision-making skills.
  • Ability to effectively manage multiple tasks and consistently meet deadlines.
  • Strong organizational and time management skills.
  • Ability to adapt to new processes and tasks quickly and effectively.
  • Willingness to participate in on-going product, process and policy training as assigned.
  • Excellent verbal and written communication skills.
Additional Requirements (Education, Experience)
  • High School Diploma or equivalent.
  • At least 1 year experience in a cash handling and/or customer service environment.
  • Some experience in finance, banking, accounting, or similar industry preferred.
  • Must be able to occasionally travel for training or other business-related matters.

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