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Deposit Operations Jobs in Manchester, CT (NOW HIRING)

Northwest Community Bank

OPERATIONS ASST

Winsted, CT · On-site

Process account transactions including deposits, transfers, wires, ACH transactions, and other payment-related activities accurately and efficiently * Reconcile accounts and operational reports ...

Northwest Community Bank

OPERATIONS ASST

Winsted, CT · On-site

Process account transactions including deposits, transfers, wires, ACH transactions, and other payment-related activities accurately and efficiently * Reconcile accounts and operational reports ...

Carmax

Business Operations Associate

Hartford, CT · On-site

$17.40 - $28/hr

Handle cash management tasks, including receiving payments, preparing deposits, and maintaining security protocols. * Train and mentor new associates and support store operations by assisting ...

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All JobsDeposit Operations JobsDeposit Operations Jobs in Manchester, CT

Deposit Operations information

See Manchester, CT salary details

$11

$26

$53

How much do deposit operations jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for deposit operations in Manchester, CT is $26.51, according to ZipRecruiter salary data. Most workers in this role earn between $17.98 and $30.58 per hour, depending on experience, location, and employer.

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 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 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 Manchester, CT look for?

The top searched job categories for Deposit Operations jobs in Manchester, CT are:

What cities near Manchester, CT are hiring for Deposit Operations jobs?

Cities near Manchester, CT with the most Deposit Operations job openings:

Deposit Operations jobs near you
Infographic showing various Deposit Operations job openings in Manchester, CT as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $55,134 per year, or $26.5 per hour.

Deposit Operations Payment Specialist (FT)

Westfield Bank

Westfield, MA

$22.79 - $34.18/hr

Full-time

Re-posted 3 days ago

Job description

Job Title: Deposit Operations Payment Specialist

Department: Operations

Job Status: Full Time

FLSA Status: Non-Exempt

Grade: 8

Amount of Travel: No Travel

Reports To: Deposit Operations Assistant Manager

Positions Supervised: N/A


POSITION SUMMARY Responsible for providing back-office support to customers, bank staff and Deposit Operations Associates relating to products and services offered and administered by the Operations Department. Subject matter expert in ACH and Instant Payment processing.

ESSENTIAL FUNCTIONS

  • Serve as a subject matter expert and resource for ACH and Instant Payments in accordance with Regulation E and NACHA rules and guidelines.
  • Interpret and apply bank deposit operations and ACH compliance requirements, ensuring all transactions adhere to applicable NACHA rules, regulatory standards, and internal risk‑management controls.
  • Main point of contact for customers and branch staff to research and resolve ACH and Instant Payment inquiries.
  • Reviews daily ACH Exception and Reject Reconciliation reports to process non-posted items, IAT transactions, death notifications, and ACH rejected items.
  • Determines exception transaction results and processes daily ACH returns through DNA Core system and FedLine Advantage.
  • Reviews daily workflow queues in OnBase to review and process all Reg E and corporate claims, stop payments, and federal benefits enrollment forms.
  • Processes reclamations within the established timeframe.
  • Processes ACH Positive Pay Returns from the BGDS Department daily.
  • Downloads Fed ACH Returns report from FedLine Advantage weekly.
  • Downloads standard reports from FedLine Advantage monthly.
  • Researches and reconciles any outages on the ACH In Process General Ledger account.
  • Balances the ELAN account monthly.
  • Utilizes Payment Exchange system to monitor Instant Payment transactions including Instant Payment fraud and disputes.
  • Provides support and backup on all tasks performed by the Deposit Operations Associates.
  • Assists in training new and existing Deposit Operations Associates on ACH and Instant Payments related tasks.
  • Assists the Deposit Operations Manager, as needed.
  • Identify areas for improvement and work with management to implement recommended changes.
  • Monitors procedures for accuracy and update as needed.
  • Research problems of a more complex nature.
  • Process all adjustment requests.
  • Assists with gathering documentation for audit requests.
  • Must complete NACHA, NEACH, BSA, AML, and other Regulatory and Continuing Education as assigned.
  • Must adhere to all bank and regulatory policies and procedures specific to position.
  • Performs additional duties as requested.

POSITION QUALIFICATIONS

Competencies

  • Communication
  • Job Knowledge
  • Productivity & Time Management
  • Quality
  • Teamwork & Cooperation

Education/Experience/Skills & Abilities

  • High School Diploma or GED required.
  • Minimum 1 year of bank deposit operations and ACH processing experience.
  • Accredited ACH Professional (AAP) certification after two years of ACH experience.
  • Strong attention to detail and accuracy.
  • Excellent customer service and problem-solving skills.
  • Working knowledge of Microsoft Office (Word and Excel).
  • Ability to multi-task with good organizational skills. Working knowledge of the bank’s deposit products and services.

PHYSICAL DEMANDS

Physical Demands

Lift/Carry

Stand Occasionally

10 lbs or less Occasionally

Walk Occasionally

11 – 20 lbs Occasionally

Sit Constantly

21 – 50 lbs Not Applicable

Handling/Fingering Occasionally

51 – 100 lbs Not Applicable

Reach Outward Not Applicable

Over 100 lbs Not Applicable

Reach Above Shoulder Not Applicable

Push/Pull

Climb Not Applicable

12 lbs or less Occasionally

Crawl Not Applicable

13 – 25 lbs Occasionally

Squat or Kneel Not Applicable

26 – 40lbs Not Applicable

Bend Not Applicable

41 – 100 lbs Not Applicable


N (Not Applicable) Activity is not applicable to this occupation.

O (Occasionally) Occupation requires this activity up to 33% of the time (0-2.5+ hrs/day)

F (Frequently) Occupation requires this activity from 33%-66% of the time (2.5-5.5+ hrs/day)

C (Constantly) Occupation requires this activity more than 66% of the time (5.5+ hrs/day)

Other Physical Requirements

None

Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.


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