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Deposit Operations Jobs in Madison, WI (NOW HIRING)

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Mount Horeb, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Sun Prairie, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Sun Prairie, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Janesville, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Mount Horeb, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $27.50/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Mount Horeb, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Mount Horeb, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Relationship Banker

Madison, WI · On-site

$17 - $29.75/hr

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

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Showing results 1-20

Deposit Operations information

See Madison, WI salary details

$11

$26

$53

How much do deposit operations jobs pay per hour?

As of Jul 29, 2026, the average hourly pay for deposit operations in Madison, WI is $26.45, according to ZipRecruiter salary data. Most workers in this role earn between $17.93 and $30.53 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 job categories do people searching Deposit Operations jobs in Madison, WI look for? The top searched job categories for Deposit Operations jobs in Madison, WI are:
What cities near Madison, WI are hiring for Deposit Operations jobs? Cities near Madison, WI with the most Deposit Operations job openings:
Infographic showing various Deposit Operations job openings in Madison, WI as of July 2026, with employment types broken down into 74% Full Time, and 26% Part Time. Highlights an 100% In-person job distribution, with an average salary of $55,013 per year, or $26.4 per hour.

$17 - $27.50/hr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 12 days ago


Old National Bank rating

8.0

Company rating: 8.0 out of 10

Based on 38 frontline employees who took The Breakroom Quiz

70th of 170 rated banks


Job description

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.


Old National Bank is seeking a Market Relationship Banker to join our Community Banking Team.  This position is unique; it will allow you to work at several different branches, giving you the opportunity to know the personalities at each location. The Relationship Banker develops and cultivates long-term client relationships by providing insight, advice, and personalized financial solutions for their clients. Relationship Bankers are responsible for retaining and deepening existing client relationships through cross-selling, establishing new banking relationships, referring clients to product partners (e.g., Mortgage, Investments, Small Business, Treasury Management, Merchant Services, Private Banking, Wealth Management, Commercial), educating clients on digital solutions, providing account servicing and maintenance, effectively resolving client servicing issues, and processing.  Relationship Bankers are active in their communities through outreach efforts and through service with community organizations.

Salary Range

The salary range for this position is $17.00/hr. - $27.50/hr.. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Develop and grow client and prospective client relationships

  • Consults with clients/prospective clients over the lifecycle of the relationship to uncover needs, educate, and advise on product and service alternatives that align with the client’s financial objectives.
  • Cross sells products and services and refers to business product partners to ensure client needs are met.
  • Maintains contact with client base through periodic proactive touch points (on-boarding, service follow up, etc.)

Achieve Sales and Service Targets

  • Markets a full range of consumer and small business banking services to existing and prospective clients through proactive techniques such as lobby engagement, outbound telephone calls, marketing campaigns, or in-house events; may occasionally participate in outside sales calls.
  • Maintains well-developed knowledge of all products and services and effectively applies that knowledge to understand and fulfill client needs.
  • Proactively seeks coaching to develop service and sales skills; shares knowledge and best practices to enhance the team’s skills and performance.

Operations Oversight

  • Proactively resolves moderate to complex customer maintenance and/or client service problems using available resources for problem resolution, including analysis and understanding of information received from other internal departments such as Loan Operations, Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc.
  • Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging technology and digital solutions including mobile, online, and ATM offerings to enhance their service experience.
  • Executes all sales, service, and banking transactions accurately and in compliance with bank policies, procedures, and regulatory requirements.
  • Follows all fraud prevention procedures and attends training to stay up-to-date on evolving fraud tactics.

Key Competencies for Position

Culture Leadership:

  • Communication - applies active listening skills and skillful use of questions to understand the client's situation, needs, and desired outcome(s); adapts communication style and approach to accommodate individual needs and preferences.
  • Collaboration - seeks, develops, and maintains trusted relationships with others to achieve business goals/objectives; shares knowledge, information, ideas, and suggestions to accomplish mutual goals.

Execution Leadership:

  • Drive and Execution - Committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; leverages opportunities to collaborate with others to achieve results; consistently achieves performance targets.
  • Problem Resolution/Decision-Making – With minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources to ensure effective action and shared ownership; decisions are sound based on what was known at the time and based on a blend of analysis, wisdom, experience, and judgement.

Client Leadership:

  • Client Leadership - Puts the client at the forefront of everything they do; continually seeks first-hand client information and perspective and uses this insight to shape one's own behaviors and actions; examines implications of decisions and actions from the perspective of the client before acting.

Key Measures of Success/Key Deliverables

  • Executes strategies to improve client retention including cross-selling products and services, proactive personalized outreach, effective resolution of servicing issues, monitor and seek client feedback, etc.
  • Contributes to the banking center’s financial success by achieving targets for loan production, new account production, line of business referrals, and digital banking enrollment.
  • Acquires new Community Bank relationships through cultivating a strong referral network and outreach efforts.

Position Levels

There are two levels of Relationship Banker, depending on banking experience including client service, deposit, and lending experience. Bankers must demonstrate completion of required training programs, licensing or specialized training, and acceptable performance to goals to be considered for further advancement. Licensing or registrations must be maintained current and in good standing in accordance with program guidelines. Positions may be based at a specific banking center or be a “Market” position that supports all banking centers in a defined market.

Relationship Banker

  • Demonstrates ability to handle all transactions, servicing needs and inquiries upon completion of required training.
  • Must achieve account opening goals, partner referrals, lending and credit card goals along with completing quality Client Financial Profiles.

Qualifications and Education Requirements

  • High School diploma or GED Equivalent
  • Minimum one year relationship-based client consultation and/or consultative sales experience (banking industry a plus)
  • Eligible to register with the National Mortgage Licensing System and Registry (NMLS) or currently NMLS registered.

Relationship Banker II

  • Experienced bankers who have successfully completed the requirements of a Relationship Banker, including all new hire training and the Relationship Banker Learning Path within defined timeframes, or bankers with existing experience in a similar role at another financial institution, including NMLS registered.
  • Demonstrates consultative sales skills and strong service levels to build and deepen client relationships.
  • Consistently meets or exceeds account opening and lending goals, credit card goals, partner referrals, and quality Client Financial Profiles.
  • May manage an assigned client portfolio to handle all consumer banking relationship needs.
  • Encouraged to participate in their community through service in a Community Organization, Not-for-Profit volunteer, Business-Related Networking groups, or similar organizations.
  • Completes Relationship Banker Development Program to demonstrate advanced proficiency in role.

Qualifications and Education Requirements

  • High School diploma or GED Equivalent
  • Minimum one year relationship-based client consultation and/or consultative sales experience
  • Minimum one year banking experience including deposit/transaction processing, account servicing, new account opening and consumer lending
  • Currently registered with the National Mortgage Licensing System and Registry (NMLS) or previously registered and eligible to immediately re-register.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!



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