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Deposit Operations Jobs in Chicago, IL (NOW HIRING)

Deposit Strategies Portfolio Manager

Rosemont, IL ยท On-site

$80K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Oversee day-to-day service delivery by coordinating across internal partners including Treasury Management, Deposit Operations, International Services, and Loan Operations. Ensure adherence to ...

Deposit Strategies Portfolio Manager

Rosemont, IL ยท On-site

$80K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Oversee day-to-day service delivery by coordinating across internal partners including Treasury Management, Deposit Operations, International Services, and Loan Operations. Ensure adherence to ...

Portfolio Manager

Hanover Park, IL ยท On-site

$48.08 - $67.31/hr

Work with Loan Operations and Deposit Operations to resolve client issues * Fund draw requests * Work with Treasury Management to meet the clients' cash management needs * Monitor and address past ...

Portfolio Manager

Hanover Park, IL ยท On-site

$48.08 - $67.31/hr

Work with Loan Operations and Deposit Operations to resolve client issues * Fund draw requests * Work with Treasury Management to meet the clients' cash management needs * Monitor and address past ...

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 ...

Sr. Manager Deposit Products

Chicago, IL ยท On-site

$133K - $229K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

Manage deposit and transactions by developing and maintaining a comprehensive roadmap to build ... Partner with other areas such as plastic card operations to ensure operational excellence and ...

Sr. Manager Deposit Products

Chicago, IL ยท On-site

$133.70 - $229.20/hr

  • Medical

  • Dental

  • Vision

  • Retirement

SENIO001972 Description Manage deposit and transactions by developing and maintaining a ... Partner with other areas such as plastic card operations to ensure operational excellence and ...

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Deposit Operations information

See Chicago, IL salary details

$11

$27

$54

How much do deposit operations jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for deposit operations in Chicago, IL is $27.04, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.20 per hour, depending on experience, location, and employer.

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 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.

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 Chicago, IL?

The most popular types of Deposit Operations jobs in Chicago, IL are:

What job categories do people searching Deposit Operations jobs in Chicago, IL look for?

The top searched job categories for Deposit Operations jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Deposit Operations jobs?

Cities near Chicago, IL with the most Deposit Operations job openings:

Infographic showing various Deposit Operations job openings in Chicago, IL as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $56,234 per year, or $27 per hour.

Deposit Operations & Branch Support Representative

Devon Bank

Glenview, IL โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

At Devon Bank, we don't just accept diversity-we celebrate it, we support it, and we thrive on it for the benefit of our employees, our customers and our community. We provide a welcoming and accepting culture that comes from our desire to make diversity, respect and service a priority.
We need your help in continuing this great culture we have at Devon Bank. In return you will have a rewarding career in Deposit Operations & Branch Support and Banking in general, with a competitive salary and benefits. This position is in our Glenview, IL branch.
About the Role
The Deposit Operations & Branch Support Representative is responsible for performing intermediate to advanced operational duties supporting all Bank branches, departments, and electronic banking services. This position provides operational support across deposit operations, payment processing, electronic banking, treasury management, fraud monitoring, and customer support functions.
The Deposit Operations & Branch Support Representative supports employees, officers, and other Bank personnel by performing operational functions accurately and efficiently while maintaining strong internal and external customer relationships. The position requires a broad understanding of Bank operations processes and the ability to provide backup support across multiple operational areas. The Deposit Operations & Branch Support Representative is expected to actively participate in cross-training efforts, identify opportunities for process improvement, and contribute to the overall efficiency and effectiveness of the department.
Essential Duties
Perform intermediate to advanced duties related to operational functions serviced by the department, including but not limited to:
o ACH Processing, Returns, and Corrections
o Wire Transfer Processing
o Non-Posted Item Review
o NSF and Returned Item Processing
o Chargebacks and Adjustments
o Cash Letter Processing and Research
o Balancing/Reconciliation of Various Bank-Owned Accounts
o Legal Process Handling
o Dormant Accounts
o Escheatment Processing
o End of day operational processing
o Research Requests
Reviews and monitors operational exception reports and system-generated alerts, including but not limited to:
o Positive Pay Exceptions
o OFAC- Related Exceptions
o Other Operational and Risk Monitoring Reports
Respond to internal and external inquiries or refer inquiries to the appropriate department or individual; follow through to ensure timely resolution.
Processes, research, and resolve complex operational issues, exception items, and customer service concerns while ensuring timely and accurate resolution.
Maintains cross-functional knowledge of Bank Operations processes through ongoing training and development to support departmental flexibility and succession planning.
Assists with fraud-related processes and dispute administration, including but not limited to:
o Reg E Disputes
o ACH Disputes
o Check Claims
Performs routine reviews of operational work to ensure accuracy, completeness, compliance, and adherence to Bank policies and procedures.
Assist with data gathering, reporting, audits, examinations, annual reviews, and other department and Bank projects as assigned.
Assure compliance with all Bank policies and procedures and all applicable federal and state banking laws, rules, regulations, and industry requirements.
Complete administrative tasks accurately and timely; supports the Bank's goals and values; and represents the Bank in a professional manner.
Requirements
  • High School Diploma or GED
  • Minimum 3 years of experience in banking, primarily in deposit operations and customer support roles. Work-related experience should consist of a financial institution clerical and/or branch support background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
  • Intermediate-Advanced experience, knowledge and training in branch operation activities, terminology and products and services.
  • Working knowledge of related state and federal banking compliance regulations, NACHA Rules, and other Bank operational regulatory requirements.
  • Basic skills in computer terminal and personal computer operation; host computer system (Fusion Phoenix knowledge a plus), word processing, and spreadsheets.
  • Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
  • Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
  • Effective organizational and time management skills.
  • Ability to manage multiple priorities in a fast-paced environment with general supervision while performing duties.

Pay Range and Benefits:
We are committed to providing pay and benefits that help employees stay healthy, supported, and prepared for the future.
Some of these include:
  • UnitedHealthcare (UHC) Medical coverage
  • Dental and Vision coverage through Guardian
  • Employer-paid Life Insurance, plus Short- and Long-Term Disability
  • 401(k) with employer match
  • Voluntary, employee-paid options such as legal coverage, accident insurance, pet insurance & more

The base pay for this role is $23-$28 an hour depending on experience.
EOE AA - Devon Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. If you need assistance or an accommodation due to a disability, you may contact us at HumanResources@devonbank.com or you may call us at (773) - 465-2500.