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Deposit Operations Processor Jobs in Minnesota (NOW HIRING)

Sr Advisor Compensation Processor

Oakdale, MN · Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

As part of the Advisor Services team in the broader Operations and Technology Solutions ... Process debit balance payments, prepare deposits, and maintain check control files. * Process and ...

Market Relationship Banker

Alexandria, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Prior Lake, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Blaine, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Fergus Falls, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Blaine, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Rice, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Plymouth, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Eagan, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Market Relationship Banker

Shakopee, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

West Saint Paul, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Saint Charles, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Willmar, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Crookston, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Brandon, MN · On-site

$17 - $27.50/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Rice, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Willmar, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Saint Cloud, MN · On-site

$17 - $27.50/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Big Lake, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

Relationship Banker

Crookston, MN

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... processing. Relationship Bankers are active in their communities through outreach efforts and ... Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.

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 Minnesota?

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

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

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

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

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

Sr Advisor Compensation Processor

Osaic

Oakdale, MN • Hybrid

Full-time

Medical, Dental, Vision, Retirement

Posted 4 days ago


Osaic rating

8.1

Company rating: 8.1 out of 10

Based on 12 frontline employees who took The Breakroom Quiz


Job description

Current Employees and Contractors Apply HereOsaic Careers

Customer Service Opportunity in Financial Services

Compensation Processor- Senior

Location(s):

Atlanta: 2300 Windy Ridge Pkwy SE, Suite750, Atlanta, GA 30339

La Vista:12325 Port Grace Blvd, La Vista, NE 68128

Oakdale: 7755 3rd St. N, Oakdale, MN 55128

Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255

St. Petersburg: 877 Executive Center Dr. W, Suite 300, St. Petersburg, FL 33702

Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants should be located at one of our hubs listed above and must be willing to work this schedule.

Role Type: Full-time, Non-Exempt

Salary: 52,000 per year + annual performance-based bonus

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, licensure, experience, and education.

Our competitive compensation is just one component of Osaic's total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page:Osaic Benefits.

Summary:

Sample: As a member of our customer-facing organization, you will engage directly with our customers - over 11,000 Financial Professionals across the country, helping grow and support their firms. As part of the Advisor Services team in the broader Operations and Technology Solutions organization, you will work closely with other team members in all aspects of operational and transition activities through both phone and processing. A collaborative and entrepreneurial approach will drive success as you learn and navigate all aspects of Financial Professional support. Your contributions will ensure that our Financial Professionals get best-in-class service in every interaction with Osaic.

Our Advisor Support Specialists receive robust training prior to moving onto the "floor" taking calls and processing transactions for our network of Financial Professionals. Support is related to a variety of service-related issues with exceptional experience as the goal. These are not sales roles, rather they are truly support and education experts. Our teams work Monday through Friday schedules, and these positions are eligible for overtime.

Education Requirements:

Minimum of high school diploma or equivalent is required.

Responsibilities:

  • Process debit balance payments, prepare deposits, and maintain check control files.

  • Process and maintain commission batches from sponsor companies and representatives, ensuring accurate coding or representative and product information.

  • Set up and maintain representative direct deposit information.

  • Research and resolve commission payment and statement discrepancies with sponsors.

  • Format and prepare Excel files for upload into commission processing systems.

  • Process NSCC and PGS files and maintain commission-related data within legacy systems.

  • Perform quality assurance reviews to ensure the accuracy of commission batch processing and records.

  • All other duties as assigned.

Basic Requirements:

  • Proficiency at Microsoft Word, Excel, Internet Explorer, Outlook, PowerPoint.

  • Excellent communication & organizational skills.

  • Quick learner with basic technical skills to efficiently navigate through various systems.

  • STRONG customer focus orientation.

  • High attention to detail, analytical mindset, and problem-solving skills.

  • Be able to work independently and maintain elevated levels of quality.

  • Self-motivated individual capable of meeting departmental expectations and deadlines

  • Ability to participate and contribute to a team environment.

Preferred Requirements:

  • 1+ years' experience in financial services operations or broker-dealer setting.

  • High school diploma.

Current Employees and Contractors Apply Here

What Osaic employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


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About Osaic

Sourced by ZipRecruiter

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Phoenix, AZ, US

Year founded

2016