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Deposit Operations Jobs in Michigan (NOW HIRING)

Oxford Bank

Administrative Associate

Auburn Hills, MI · On-site

$16.50 - $20.50/hr

The team member in the position will work closely with Deposit Operations, IT, Purchasing, Personal Banking and Marketing. It will require critical thinking, organization, and attention to detail all ...

Oxford Bank

Administrative Associate

Auburn Hills, MI · On-site

$16.50 - $20.50/hr

The team member in the position will work closely with Deposit Operations, IT, Purchasing, Personal Banking and Marketing. It will require critical thinking, organization, and attention to detail all ...

Oxford Bank

Administrative Associate

Auburn Hills, MI · On-site

$16.50 - $20.50/hr

The team member in the position will work closely with Deposit Operations, IT, Purchasing, Personal Banking and Marketing. It will require critical thinking, organization, and attention to detail all ...

SNB Technologies

Contact Center Associate

Hancock, MI · On-site

Deposit Operations Coordinator Supervises: None Last Updated: 04.15.2025 Summary: Primary focus is on managing customer contact and support. Participates in the day-to-day operations of the ...

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STURGIS BANK

Personal Banker Supervisor

South Haven, MI

$18.75 - $23/hr

Work with the Deposit Operations and other departments when needed. * Answers client questions and provide solutions. * Identify and inform clients of the account status discrepancies and disputes ...

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How much do deposit operations jobs pay per hour?

As of Jul 23, 2026, the average hourly pay for deposit operations in Michigan is $22.87, according to ZipRecruiter salary data. Most workers in this role earn between $15.48 and $26.39 per hour, depending on experience, location, and employer.

What is the highest paying banking job?

In deposit operations, senior roles such as Deposit Operations Manager or Director tend to have the highest salaries, often exceeding six figures depending on the institution and location. Executive-level banking positions like Chief Banking Officer or Chief Operations Officer also offer higher compensation, typically requiring extensive experience and leadership skills.

Is banking operations a stressful job?

Banking operations roles can be stressful due to the need for accuracy, attention to detail, and strict regulatory compliance. The job often involves managing high volumes of transactions and meeting deadlines, which can contribute to work pressure, especially during busy periods or audits.

What are some common challenges faced in a Deposit Operations role, and how can new team members prepare for them?

Deposit Operations professionals often encounter challenges such as managing high transaction volumes, ensuring regulatory compliance, and quickly resolving discrepancies in account activity. New team members can prepare by familiarizing themselves with industry regulations, developing strong attention to detail, and improving their proficiency with banking software systems. Regular collaboration with other departments, such as IT and customer service, also helps ensure smooth processes and timely issue resolution. Being proactive in communication and staying organized are key to thriving in this fast-paced environment.

What are the key skills and qualifications needed to thrive in Deposit Operations, and why are they important?

Deposit Operations professionals require strong attention to detail, knowledge of banking regulations, and experience with account reconciliation, often supported by a background in finance or banking. Familiarity with core banking systems, transaction processing software, and compliance monitoring tools is typically essential. Strong organizational skills, problem-solving abilities, and effective communication set individuals apart in this role. These skills ensure accurate transaction processing, regulatory compliance, and efficient resolution of issues, all of which are vital for maintaining the integrity of banking operations.

What is the job description of a deposit operations?

Deposit operations professionals are responsible for processing and reconciling customer deposits, ensuring accurate account updates, and maintaining compliance with banking regulations. They handle transaction processing, monitor account activity, and use banking software to support daily operations. Strong attention to detail and knowledge of financial systems are essential for this role.

What are Deposit Operations?

Deposit Operations refers to the back-office functions in a bank or financial institution that handle the processing, maintenance, and management of deposit accounts such as checking, savings, and certificates of deposit. This department ensures that transactions like deposits, withdrawals, transfers, and account maintenance are processed efficiently and accurately. They also ensure compliance with banking regulations, manage risk, and provide support for customer service teams. Their work is crucial for the smooth functioning of day-to-day banking activities and safeguarding customer funds.

How much does a deposit operations specialist make?

A deposit operations specialist typically earns an average salary ranging from $40,000 to $60,000 annually, depending on experience and location. The role involves managing transaction processing, reconciling accounts, and ensuring compliance with banking regulations.

What is the difference between Deposit Operations vs Loan Operations?

AspectDeposit OperationsLoan Operations
Required CredentialsTypically requires banking or finance certifications, basic accounting knowledgeSimilar certifications, with additional focus on credit analysis
Work EnvironmentBank branches, back-office banking departmentsLoan processing centers, back-office banking units
Employer & Industry UsageCommercial banks, credit unionsCommercial banks, mortgage companies
Common Search & Comparison IntentUnderstanding deposit handling, account managementLoan processing, approval procedures

Deposit Operations and Loan Operations are both essential banking roles but focus on different financial products. Deposit Operations handles account deposits, withdrawals, and account maintenance, while Loan Operations manages loan processing, disbursement, and repayment. Both roles require similar certifications and work within banking environments, but they serve different functions within financial institutions.

What are the most commonly searched types of Deposit Operations jobs in Michigan? The most popular types of Deposit Operations jobs in Michigan are:
What are popular job titles related to Deposit Operations jobs in Michigan? For Deposit Operations jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Deposit Operations jobs in Michigan look for? The top searched job categories for Deposit Operations jobs in Michigan are:
What cities in Michigan are hiring for Deposit Operations jobs? Cities in Michigan with the most Deposit Operations job openings:
Deposit Operations jobs near you
Infographic showing various Deposit Operations job openings in Michigan as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $47,579 per year, or $22.9 per hour.
Deposit Operations Specialist I

Deposit Operations Specialist I

Oxford Bank

Auburn Hills, MI • On-site

Full-time

Posted 3 days ago

Job description

Job Summary
The Deposit Operations Specialist (I) performs routine Deposit Operations processing and support, including NSF, returns, Canadian checks, returned mail, branch account discrepancies, card issues, monitoring reports, QwickRate CDs, wire support, and account maintenance.
Primary Responsibilities
• Responsible for processing NSF items and assisting with daily NSF-related review, documentation, and follow-up.
• Responsible for processing outgoing and incoming returns, including returned deposited items and related account adjustments.
• Responsible for assisting with Canadian check processing, including review, documentation, account posting support, and follow-up in accordance with established procedures.
• Responsible for assisting with returned mail processing, including research, documentation, account updates, and appropriate follow-up with branches or internal departments.
• Responsible for assisting branches and internal departments with account discrepancies, research requests, corrections, and routine customer account issues.
• Responsible for supporting debit card-related issues, including card maintenance, research, and routine operational assistance.
• Accountable for reviewing and completing assigned monitoring reports, logs, and exception reports to ensure items are addressed timely and accurately.
• Responsible for opening and maintaining QwickRate certificates of deposit in accordance with procedures and required documentation.
• Responsible for supporting routine wire transfer tasks as assigned by completing basic processing steps, documentation, and follow-up under established procedures.
• Responsible for completing account maintenance requests, including updates, corrections, documentation review, imaging, indexing, and follow-up.
• Accountable for escalating unusual activity, unresolved discrepancies, fraud concerns, legal matters, or higher-risk items to Deposit Operations Specialist II, Senior Specialist, Supervisor, or Manager.
Qualifications and Skills
• Basic knowledge of, or ability to learn, deposit operations, payment processing, account maintenance, and exception processing.
• Basic proficiency with Word, Excel, Outlook, and Teams.
• Effective communication skills with customers, and employees.
• Good organization, problem-solving, time management, accuracy, and attention to detail.
• Ability to learn banking regulations, procedures, systems, and operational controls.
• Ability to work independently and with others to meet deadlines.
• Ability to sit for extended periods and occasionally lift, organize, and file office materials and records.
Education and Experience
• High school diploma or equivalent required; additional coursework in business, accounting, or banking preferred.
• Prior banking, customer service, operations, or administrative experience preferred.
• Experience handling confidential customer information, account records, or detailed documentation preferred.
• Prior experience using core banking systems, Microsoft Office, or similar business applications preferred.
• Equivalent combination of education, training, and experience may be considered.
*This position will comply with all BSA compliance laws and regulations including the Bank's BSA policy and procedures.
Additional Information
Department: Deposit Operations Manager • Reports to: Deposit Operations Manager • Travel: None
Classification: Non-exempt • Employment Type: Full-time • Supervises: None
"Oxford Bank is an equal opportunity employer and is committed to providing equal employment opportunities and an environment free of discrimination and harassment. All employment decisions at Oxford Bank are made without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status."

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