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Deposit Operations Associate Jobs in Baltimore, MD

CarMax, Inc.

Business Office Associate

Laurel, MD · On-site

$17.40 - $28/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

Laurel, MD · On-site

$17.40 - $28/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

Laurel, MD · On-site

$17.40 - $28/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

Laurel, MD · On-site

$17.40 - $28/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, Inc.

Business Office Associate

Laurel, MD · On-site

$17.40 - $28/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

White Marsh, MD · On-site

$16 - $33.90/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, Inc.

Business Office Associate

White Marsh, MD · On-site

$16 - $33.90/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

White Marsh, MD

$16 - $33.90/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

Laurel, MD · On-site

$17.40 - $28/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 Baltimore, MD

Deposit Operations Associate information

See Baltimore, MD salary details

$11

$26

$53

How much do deposit operations associate jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for deposit operations associate in Baltimore, MD is $26.08, according to ZipRecruiter salary data. Most workers in this role earn between $17.69 and $30.10 per hour, depending on experience, location, and employer.

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 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 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 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 does a deposit operations associate do?

A deposit operations associate is responsible for processing and reconciling customer deposits, ensuring accurate account updates, and maintaining compliance with banking regulations. They often use banking software and perform tasks such as verifying transactions, resolving discrepancies, and supporting daily deposit activities. Attention to detail and knowledge of financial procedures are essential for this role.

What are the most commonly searched types of Deposit Operations jobs in Baltimore, MD?

The most popular types of Deposit Operations jobs in Baltimore, MD are:

What are popular job titles related to Deposit Operations Associate jobs in Baltimore, MD?

For Deposit Operations Associate jobs in Baltimore, MD, the most frequently searched job titles are:

What job categories do people searching Deposit Operations Associate jobs in Baltimore, MD look for?

The top searched job categories for Deposit Operations Associate jobs in Baltimore, MD are:

What cities near Baltimore, MD are hiring for Deposit Operations Associate jobs?

Cities near Baltimore, MD with the most Deposit Operations Associate job openings:

Deposit Operations Associate jobs near you

Banking Services Operations Associate III - Lockbox Support

M&T Bank

Baltimore, MD

$20.55 - $34.25/hr

Full-time

Posted 20 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

80th of 171 rated banks

Job description

Overview:

Processes and researches payments according to account specifications for Lockbox customers.

Primary Responsibilities:
  • Research and resolve customer inquiries received from internal business partners.
  • Complete entry-level reconciliation of internal department general ledger accounts as required by assigned area.
  • Prepare daily reports utilizing standard worksheet templates.
  • Open and prepare bank-by-mail deposits for processing.
  • Complete customer lockbox set-ups utilizing internal department applications to allow for accurate processing of transactions according to customer specifications.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Education and Experience Required:

Associates' degree,

OR in lieu of a degree,

A combined minimum of 2 years' higher education and/or work experience

Education and Experience Preferred:

Minimum of 2 years customer service experience in the financial service industry

Strong customer service skills

Strong organizational skills

Strong analytical skills

Strong problem-solving skills

Strong written and verbal communication skills

Ability to interact with different levels of the organization

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBaltimore, Maryland, United States of America

What M&T Bank employees say

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