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Deposit Operations Processor Jobs in Illinois (NOW HIRING)

AVP, Banking Risk & Controls

Bourbonnais, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Danville, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Watseka, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Oswego, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Bourbonnais, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Watseka, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Oswego, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Oswego, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Danville, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Oswego, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

AVP, Banking Risk & Controls

Watseka, IL ยท On-site

$94K - $110K/yr

This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking ...

... process and identify root causes to minimize recurring issues. * Coordinate with internal partners, including Treasury Management, Deposit Operations, Loan Operations, and other support teams, to ...

Assoc, Quality Audit

Vernon Hills, IL ยท On-site

$68K - $102K/yr

Partner with multiple departments within Deposit Operations to ensure high risk processes are designed and executed in accordance with BCU policies, state, and federal regulations. Communicate ...

Fraud Officer

Moline, IL ยท On-site

$58K - $72K/yr

Community bank or financial institution experience preferred, including deposit operations, electronic banking, debit card disputes, ACH, wire transfers, check processing, new accounts, customer ...

Fraud Officer

Moline, IL ยท On-site

$58K - $72K/yr

Community bank or financial institution experience preferred, including deposit operations, electronic banking, debit card disputes, ACH, wire transfers, check processing, new accounts, customer ...

Fraud Officer

Moline, IL ยท On-site

$58K - $72K/yr

Community bank or financial institution experience preferred, including deposit operations, electronic banking, debit card disputes, ACH, wire transfers, check processing, new accounts, customer ...

Showing results 41-60

Deposit Operations Processor information

What is the difference between Deposit Operations Processor vs Deposit Clerk?

AspectDeposit Operations ProcessorDeposit Clerk
CredentialsHigh school diploma; some roles may require banking certificationsHigh school diploma or equivalent
Work EnvironmentBank back-office, processing transactions and dataBank branch, customer service area
Employer & Industry UsageFinancial institutions, banksBank branches, credit unions
Primary ResponsibilitiesProcessing deposits, verifying transactions, data entryAssisting customers, handling deposits and withdrawals

The Deposit Operations Processor primarily handles back-office transaction processing and data verification, while the Deposit Clerk interacts directly with customers at the branch, focusing on deposit and withdrawal services. Both roles are essential in banking operations but differ in responsibilities and work environment.

What are some of the most common challenges faced by deposit operations processors, and how can they be managed effectively?

Deposit Operations Processors often encounter challenges such as handling high transaction volumes, ensuring accuracy under tight deadlines, and staying updated with regulatory changes. Managing these challenges requires strong attention to detail, effective time management, and a solid understanding of banking compliance standards. Collaborating closely with team members and leveraging automated systems can also help maintain accuracy and efficiency. Continuous learning and proactive communication with other departments are key to addressing issues promptly and minimizing errors.

What is a deposit operations processor?

Deposit Operations Processors are banking professionals responsible for handling and processing various financial transactions related to customer deposit accounts, such as checking and savings accounts. They ensure the accuracy and timeliness of deposits, withdrawals, account transfers, and other related transactions. Their role often involves reconciling balances, resolving discrepancies, maintaining compliance with banking regulations, and providing support to both internal teams and customers. Attention to detail and strong organizational skills are essential in this position to prevent errors and maintain the integrity of financial records.

What are the key skills and qualifications needed to thrive as a deposit operations processor?

To thrive as a Deposit Operations Processor, you need a strong attention to detail, understanding of banking procedures, and familiarity with compliance regulations, typically supported by a high school diploma or relevant experience. Proficiency with banking software, document imaging systems, and Microsoft Office applications is usually required. Strong organizational skills, teamwork, and effective communication help you excel in managing high volumes of transactions and resolving discrepancies. These skills are crucial for ensuring accurate processing, regulatory compliance, and maintaining the integrity of financial operations.

What are popular job titles related to Deposit Operations Processor jobs in Illinois?

For Deposit Operations Processor jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Deposit Operations Processor jobs in Illinois look for?

The top searched job categories for Deposit Operations Processor jobs in Illinois are:

What cities in Illinois are hiring for Deposit Operations Processor jobs?

Cities in Illinois with the most Deposit Operations Processor job openings:

Infographic showing various Deposit Operations Processor job openings in Illinois as of August 2026, with employment types broken down into 78% Full Time, 14% Part Time, 1% Temporary, and 7% Contract. Highlights an 100% In-person job distribution.

AVP, Banking Risk & Controls

Servbank

Bourbonnais, IL โ€ข On-site

$94K - $110K/yr

Full-time

Re-posted 17 days ago


Job description

The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with the Servbank BSA team. This role provides oversight for operational risk and control testing of deposit-related processes and monitors the capacity and scheduling calendar for the Banking Risk function. The AVP of Banking Risk collaborates with Deposit Operations, BSA, and other Lines of Defense to identify and mitigate risks, enhance operational resilience, and promote control effectiveness. The role assists in the testing of risk-mitigating controls, supports enterprise risk reporting, and ensures strong governance over BAU activities and operational initiatives. The AVP ensures the ongoing testing schedule is executed by analyzing capacity and assigning responsibilities aligned with departmental priorities, as directed by the SVP of Enterprise Risk.
About Servbank:
Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you're a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.
Duties and Responsibilities:
  • Oversee functions within Banking Risk for Deposit Operations, including completion of required monthly KPI metric tracking scorecards.
  • Develop, implement, and oversee risk management processes to test in-line QA control effectiveness across Commercial and Consumer Deposit Operations. Evaluate risks of key control deficiencies and effectiveness of the overall control framework, and ensure management maintains timely and effective remediation plans.
  • Partner with Line of Business and BSA leadership to enhance internal testing processes and minimize defects across deposit-related activities.
  • Assist Senior Management, Risk Committee, and other Lines of and other Lines of Defense in developing methodologies used to assess and rank risk controls within Deposit Operations.
  • Deliver risk-related findings to the Risk Committee and other governance forums, including recommended corrective actions and implementation timelines.
  • Develop and maintain processes to test transactional, operational, and BSA-related controls within Deposit Operations to ensure adherence to regulatory requirements, internal policies, and business expectations. Oversee effectiveness testing and required retesting.
  • Develop, maintain, and report on testing programs covering deposit account lifecycle activities (e.g., onboarding, maintenance, transactions, exceptions handling). Establish benchmarks, testing methodologies, and partner with LOBs and Learning & Development to drive continuous improvement.
  • Develop corporate compliance and operational risk strategies by analyzing internal testing results, regulatory guidance, and external industry trends.
  • Assist in developing procedures that minimize operational, regulatory, and financial risk exposure.
  • Provide operational and regulatory research to management, including interpretation of applicable banking and BSA/AML requirements.
  • Interact and communicate with federal and state regulators, and support exam readiness to ensure appropriate controls, documentation, and reporting are in place.
  • Guide resolution of findings through the Issues Management program, including assignment of ownership and oversight of post-remediation validation testing.
  • Assist Learning & Development, Lines of Business, and other Lines of Defense in developing training programs, policies, and procedures related to deposit operations and BSA controls.
  • Maintain current knowledge of regulatory changes and assess impacts to Deposit Operations and associated control environments.
  • Provide monthly oversight for completion and reporting of all Banking Risk & Controls testing activities for Deposit Operations.
  • Provide monthly reporting to Risk Committee on systemic issues, emerging risks, and control effectiveness trends across Deposit Operations and BSA-related processes.
  • Oversee reporting of internal and external findings related to Deposit Operations, including tracking, escalation, and resolution status.
  • Ensure adherence to scheduled and risk-based testing calendars.
  • Oversee assignment and completion of required training for team members and relevant stakeholders.
  • Assist other Lines of Defense in performing risk assessments across Deposit Operations and ensure timely documentation and governance within the Risk Management platform.
  • Other duties as assigned.

Requirements
  • Experience in banking and deposit operations, consumer lending, commercial lending, commercial loan servicing, or commercial banking.
  • Background in an Operations, Risk Management, Compliance, BSA/AML, or Internal Audit role within a financial institution.
  • Degree in Finance, Accounting, Business Law, or equivalent mortgage servicing and banking operations knowledge.
  • Minimum 5 years of experience in mortgage banking or mortgage servicing with an emphasis in risk management, internal audit, or compliance within the financial services industry. Prior leadership experience is preferred.
  • Comprehensive knowledge of risk management frameworks, banking regulations, lending/servicing guidelines, internal controls, and regulatory compliance requirements.
  • Knowledge of federal and state laws, government regulations, and agency requirements, including but not limited to BSA/AML, RESPA, TILA, UDAAP, Gramm-Leach-Bliley, COSO, FTC, FFIEC, and OCC.
  • Prior experience working with Fiserv products.
  • Knowledge of business and management principles related to strategic planning, resource allocation, leadership, and the coordination of teams across multiple branch and remote locations.
  • Proficiency with risk management, auditing, and reporting tools and software.
  • Strong analytical, investigative, problem-solving, organizational, and project management skills, with the ability to manage multiple priorities, work independently, collaborate across departments, and maintain strict confidentiality.
  • Excellent written, verbal, and interpersonal communication skills.

EEO Statement: We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
Salary Description
$94.8k to $110.9k