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Deposit Operations Jobs in Woonsocket, RI (NOW HIRING)

Bank Operations Department: Deposit Operations - Branches Reports to: Deposit Operations Manager / Deposit Services Supervisor Status: Non-Exempt Officer: Non-officer Grade: 5 Salary Range: $20.00 ...

Bank Operations Department: Deposit Operations - Branches Reports to: Deposit Operations Manager / Deposit Services Supervisor Status: Non-Exempt Officer: Non-officer Grade: 5 Salary Range: $20.00 ...

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

Compliance Officer

Canton, MA · On-site

$115K - $135K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Conduct compliance reviews across lending, deposit operations, branch operations, marketing, and other consumer-facing business functions. * Review forms, disclosures, advertising, marketing ...

Treasury Service Specialist II

Needham, MA · On-site

$22.57 - $29.35/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Provide backup to all Electronic Banking and Deposit Operations personnel * Perform additional duties as requested, needed or assigned JOB REQUIREMENTS * Highly motivated and experienced managing ...

Client Services Analyst III

Boston, MA · On-site

$83K - $90K/yr

  • Medical

  • Dental

  • Retirement

Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.

Client Relationship Manager III

Boston, MA · On-site

$148K - $183K/yr

  • Medical

  • Dental

  • Retirement

Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services. * Advanced knowledge of ...

Store Operations Associate

Canton, MA · On-site

$19 - $21/hr

  • Medical

  • Retirement

  • PTO

The Store Operations Associate is responsible for two key areas: Customer Service * Developing ... deposits, and making courtesy calls to customers regarding late payments. Property Maintenance

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Deposit Operations information

See Woonsocket, RI salary details

$10

$25

$51

How much do deposit operations jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for deposit operations in Woonsocket, RI is $25.15, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $29.04 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 cities near Woonsocket, RI are hiring for Deposit Operations jobs? Cities near Woonsocket, RI with the most Deposit Operations job openings:
Infographic showing various Deposit Operations job openings in Woonsocket, RI as of August 2026, with employment types broken down into 83% Full Time, 13% Part Time, 1% Temporary, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $52,308 per year, or $25.1 per hour.

Deposit Services Specialist I

Berkshire Bank

Lincoln, RI • On-site

$20 - $27.13/hr

Other

Re-posted 25 days ago


Berkshire Bank rating

6.7

Company rating: 6.7 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

137th of 171 rated banks


Job description

Division: Bank Operations
Department: Deposit Operations - Branches
Reports to: Deposit Operations Manager / Deposit Services Supervisor
Status: Non-Exempt
Officer: Non-officer
Grade: 5
Salary Range: $20.00 - $27.13
Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: Lincoln, RI (preferred) or Pittsfield, MA
Purpose/Objective:
Reporting to Deposit Operations Team Manager, the Deposit Operations Specialist I will be a specialist who is responsible for the execution of BAU functions performed by themselves within their respective team. The Deposit Specialist I will perform regular day-to-day activities. Activities and functions may include but are not limited to: processing daily RDI's, facilitating customer research requests including statement research, review user testing, release management, and workflow review. The Deposit Specialist I will play a key role based on their knowledge and experience supporting the team and other business lines.
Key Accountabilities:
  • Perform expected day-to-day activities
  • Process daily Returned Deposit Items
  • Perform customer research and image requests received by internal and external parties
  • Review reports and process necessary maintenance for Bank functions within Deposit Operations
  • Be able to handle activities and functions, exceptions, and escalate situations based on their knowledge and experience
  • Be able to communicate business, functional and data requirements related to processes
  • Provide training to other team specialists on existing or new functionalities
  • Assist in the development of appropriate test plans/scripts and then subsequent testing of projects and releases
  • Review and advise on operational process flows, procedures and other training materials as well as keeping documentation up to date
  • Assist in the gathering of evidence for audit and exam requirements
  • Assist in issue management - issue identification, impact assessment, and remediation efforts
  • Aware of regulatory requirements related to team processes and functions; assist in control updates to maintain compliance
  • Serve as liaison to other teams within the department as well as other business lines based on functional knowledge
  • <=10% Travel requirement
Education:
  • High School diploma or equivalent
Experience:
  • Two or more years' experience in Bank Deposit Operations
Skills & Knowledge:
  • Strong problem solving and issue management skills
  • Strong writing and presentation skills
  • Detail oriented with strong planning skills and consistent follow through
  • Ability to train peers on daily functions
  • Able to successfully balance conflicting priorities
  • Intermediate knowledge of Microsoft Office, including proficiency in data manipulation (Excel, Access, etc.)
  • Highly self-motivated and directed, as well as a team contributor

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.

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