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Deposit Operations Jobs in Reston, VA (NOW HIRING)

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Deposit Operations information

See Reston, VA salary details

$11

$27

$55

How much do deposit operations jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for deposit operations in Reston, VA is $27.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.51 and $31.49 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 Reston, VA? The most popular types of Deposit Operations jobs in Reston, VA are:
What are popular job titles related to Deposit Operations jobs in Reston, VA? For Deposit Operations jobs in Reston, VA, the most frequently searched job titles are:
What job categories do people searching Deposit Operations jobs in Reston, VA look for? The top searched job categories for Deposit Operations jobs in Reston, VA are:
What cities near Reston, VA are hiring for Deposit Operations jobs? Cities near Reston, VA with the most Deposit Operations job openings:
Centralized Operations Specialist

Centralized Operations Specialist

Avenue5 Residential, LLC

Arlington, VA • Hybrid

Other

Posted 28 days ago


Avenue5 Residential rating

7.4

Company rating: 7.4 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

85th of 160 rated real estate companies


Job description

Summary of Responsibilities:

The centralized operations specialist is responsible for completing property operations functions across a portfolio of up to ten properties. This position ensures consistent performance, compliance, and operational efficiency across the assigned portfolio. The centralized operations specialist is a hybrid role working at a local corporate office and remotely.

Primary Responsibilities and Objectives:

·         Generate and process all lease contracts for renewing residents, ensuring accuracy and compliance with company policies

·         Prepare and send deposit accounting statements for former residents, in accordance with company policies, ensuring accuracy, timeliness, and regulatory compliance

·         Manage accounts payable by coding invoices appropriately and entering purchasing order and payable information through the workflow system

·         Oversee delinquency management processes, including tracking overdue accounts and implementing appropriate actions for collections

·         Provide residents with accurate information about their rent and charges

·         Responsible for issuing balance due notices, notices to vacate, and coordinating with onsite staff for notice delivery

·         Strong comprehension of industry regulations and compliance standards relevant to assigned regions

·         Handle the preparation and filing of eviction cases in accordance with legal procedures

·         Prepare and submit accurate monthly financial reports in coordination with accounting and property operations

·         Perform other tasks as assigned

Education and Experience:

·         High school diploma is required

·         Two to three years of experience in property management is required

·         Knowledge of resident rental lifecycle activities is required

·         Prior experience in Yardi Voyager or another equivalent systems is preferred

Skills and Requirements:

·         Very strong organizational and time-management skills

·         Strong interpersonal skills to effectively and sensitively communicate with all levels of management

·         Intermediate level knowledge with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel

·         Sensitivity to confidential matters is required

·         Ability to work independently and prioritize effectively in a fast-paced environment with a strong sense of urgency

·         Ability to relay technical concerns with adequate detail, quickly, and accurately

·         Capability to read, write, comprehend, and converse in English

·         Ability to use general office equipment, such as telephone, fax machine, printer, copier, and key track system

·         Excellent customer service and interpersonal skills with the ability to relate to others

·         Ability to cope with and defuse situations involving angry or difficult people

·         Required to complete and successfully pass the Avenue5 Fair Housing and Preventing Discrimination and Harassment training and other courses if assigned

Scheduling:

·         Required to maintain a regular schedule which may require working outside of business hours, weekends, and non-traditional holidays

Environment:

·         Exposure to an environment typically found in an office building

Physical Requirements:

Avenue5 will make reasonable accommodations to enable individuals with disabilities to perform the job's essential functions. These functions include, but are not limited to:

·         Ability to lift, push, and pull up to 25 pounds

·         Must be able to remain stationary, move around, reach, and position oneself as needed for extended periods of time

·         Ability to perceive the nature of sounds at normal speaking levels including the ability to receive detailed information through oral communication, and to make the discriminations sound

·         Ability to compare, copy, coordinate, synthesize, negotiate, communicate, and instruct

·         Ability to tolerate stressful situations

·         Ability to talk and express ideas through the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly, or quickly

·         Ability to work under minimal to moderate supervision

Diversity:

Diversity creates a healthier atmosphere: Avenue5 is an Equal Employment Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.


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About Avenue5 Residential

Sourced by ZipRecruiter

Avenue5 Residential is a multi-faceted property management company based in Seattle, WA, USA. Delving into the realm of real estate, the firm specializes in property management services for multifamily communities in the United States. Since its inception, Avenue5 Residential has firmly devoted itself to its mission of creating outstanding living experiences for its residents, which goes hand in hand with their aspiration of delivering unrivalled property performance for their real estate clients. They manage properties of all types and sizes, including affordable, aged, military, and student housing.

Industry

Real estate

Company size

1,001 - 5,000 Employees

Headquarters location

Seattle, WA, US

Year founded

2014