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Deposit Processor Jobs in Chicago, IL (NOW HIRING)

Bmo

Manager EDI

Naperville, IL · Remote

Deposit and Payments operations includes (but are not limited to) specialized operations processes and activities related to cheque and electronic transaction processing, lockbox and remote deposit ...

Cooley

Payroll Manager

Chicago, IL

Audit new employee tax set up, review pre-processed payroll register for accuracy and transmit the semi-monthly payroll direct deposit and tax files; review off-cycle departure employee final check ...

Cooley LLP

Payroll Manager

Chicago, IL

Audit new employee tax set up, review pre-processed payroll register for accuracy and transmit the semi-monthly payroll direct deposit and tax files; review off-cycle departure employee final check ...

Robert Half

Accounting Associate

Chicago, IL · On-site

$70K - $85K/yr

Oversee the application and research of client payments and the preparation of deposits * Process and apply coding to invoices for payment * Assist in the management of Employee Expense and Company ...

tastytrade

Banking & Transfer Specialist

Chicago, IL · Hybrid

Scan checks into the internal system on a daily basis, ensuring accurate record-keeping and timely deposit * Process 401(k) rollovers and IRA transfers including direct rollovers, indirect rollovers ...

tastylive

Banking & Transfer Specialist

Chicago, IL · On-site

Scan checks into the internal system on a daily basis, ensuring accurate record-keeping and timely deposit * Process 401(k) rollovers and IRA transfers including direct rollovers, indirect rollovers ...

tastytrade

Banking & Transfer Specialist

Chicago, IL · On-site

Scan checks into the internal system on a daily basis, ensuring accurate record-keeping and timely deposit * Process 401(k) rollovers and IRA transfers including direct rollovers, indirect rollovers ...

tastylive

Banking & Transfer Specialist

Chicago, IL · Hybrid

Scan checks into the internal system on a daily basis, ensuring accurate record-keeping and timely deposit * Process 401(k) rollovers and IRA transfers including direct rollovers, indirect rollovers ...

Stewart

Accounts Receivable Specialist

Schaumburg, IL · On-site

Process check deposits and ensure timely submission of supporting documentation to the Accounting Department. * Assign appropriate accounting codes for incoming checks and wire transfers. * Research ...

Purdue Federal Credit Union

Member Consultant

Crown Point, IN · On-site

$15.50 - $19.50/hr

Receiving deposits * Processing funds transfers * Processing loan payments * Verifying authenticity of negotiable instruments * Selling cashier's checks, teller's checks, and money orders * Help with ...

RXinsider LTD.

Assistant Branch Manager

Chicago, IL · On-site

$250/hr

This position is responsible for overseeing the teller function, ATM balancing, night depository processing, Thillens Processing, and customer service duties. Assists the Branch Manager in providing ...

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All JobsDeposit Processor JobsDeposit Processor Jobs in Chicago, IL

Deposit Processor information

See Chicago, IL salary details

$9

$17

$26

How much do deposit processor jobs pay per hour?

As of Sep 9, 2026, the average hourly pay for deposit processor in Chicago, IL is $17.25, according to ZipRecruiter salary data. Most workers in this role earn between $13.85 and $19.81 per hour, depending on experience, location, and employer.

What is a deposit processor?

Deposit Processors are financial professionals responsible for handling and verifying deposits made by customers at banks, credit unions, or other financial institutions. Their duties typically include reviewing deposit slips, ensuring accuracy of transaction information, processing electronic and physical deposits, and maintaining accurate records. They may also resolve discrepancies, communicate with customers or internal departments as needed, and ensure compliance with regulations and institution policies. Attention to detail and knowledge of banking procedures are essential for success in this role.

What are the key skills and qualifications needed to thrive as a deposit processor?

To thrive as a Deposit Processor, you need strong attention to detail, numerical accuracy, and a high school diploma or equivalent. Familiarity with banking software, document imaging systems, and electronic funds transfer platforms is typically required. Excellent organizational skills, reliability, and effective communication set top performers apart in this role. These abilities are crucial for ensuring deposits are processed accurately and efficiently, reducing errors and maintaining client trust in financial transactions.

How does a deposit processor typically interact with other departments within a financial institution?

As a Deposit Processor, you will frequently collaborate with departments such as Customer Service, Compliance, and Accounting. You may need to clarify deposit discrepancies with customer service representatives, ensure all transactions meet regulatory standards by working with the compliance team, and reconcile daily deposit totals with the accounting department. Effective communication and attention to detail are essential, as your role directly impacts the accuracy and efficiency of the institution’s financial operations.

What is the difference between Deposit Processor vs Bank Teller?

AspectDeposit ProcessorBank Teller
CredentialsHigh school diploma; some roles may require banking or financial certificationsHigh school diploma; customer service experience often preferred
Work EnvironmentBack-office, data entry, and transaction processing in financial institutionsFront-line customer service at bank branches
Employer & IndustryFinancial institutions, banks, credit unionsRetail banks, credit unions, financial service providers
Primary DutiesProcessing deposits, verifying transactions, managing account dataAssisting customers, cash handling, account inquiries

While both roles work within banking environments, Deposit Processors focus on back-office transaction processing, whereas Bank Tellers interact directly with customers. Understanding these differences helps clarify career paths and job expectations in the banking industry.

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

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

Deposit Processor jobs near you
Infographic showing various Deposit Processor job openings in Chicago, IL as of September 2026, with employment types broken down into 66% Full Time, 13% Part Time, 7% Temporary, 7% Contract, and 7% Nights. Highlights an 86% In-person, 7% Hybrid, and 7% Remote job distribution, with an average salary of $35,872 per year, or $17.2 per hour.

Credit Analyst, Depository

Chicago, IL • On-site

Federal Home Loan Bank of Chicago
Commercial Banking • 201 - 500 employees
Learn more about Federal Home Loan Bank of Chicagoexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.
  • Collaborative, in-office operating model

  • Retirement program (401k and Pension)

  • Medical, dental and vision insurance

  • Lifestyle Spending Account

  • Competitive PTO plan

  • 11 paid holidays per year

Who we are
Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.
Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.
What it's like to work here
At FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided with an allocation of remote days to use as needed throughout the year.
What you'll do
The Credit Analyst, Depository supports the evaluation and ongoing monitoring of credit risk associated with depository member institutions. Working under the guidance of the Manager and more experienced team members, the analyst reviews financial and regulatory information, prepares recurring credit surveillance, contributes to risk-rating and credit-limit recommendations, and helps identify developments that may affect a member's credit profile. The role is designed for an analyst who has a solid foundation in financial analysis and is ready to deepen expertise in financial institutions, credit risk, and the FHLBank System.
How you'll make an impact
  • Help protect the Bank by monitoring the financial condition and credit risk of depository member institutions through ongoing analysis of financial, regulatory, and market information.
  • Partner with cross-functional teams to support risk-rating assessments, member reviews, credit decisions, and portfolio reporting that inform business and risk management activities.
  • Build specialized expertise in depository institution credit analysis while gaining exposure to senior leadership, member interactions, and key risk management decisions.

What you can expect
  • Analyze financial statements, regulatory reports, peer information, and other relevant data for depository institutions, with coaching on more complex or higher-risk situations.
  • Prepare accurate and timely quarterly credit summaries, surveillance reports, and supporting analysis in accordance with established procedures and templates.
  • Monitor assigned institutions for changes in earnings, capital, asset quality, liquidity, funding, market conditions, management, and other factors relevant to creditworthiness.
  • Assist with periodic risk-rating assessments and credit-limit recommendations by organizing evidence, documenting analytical conclusions, and escalating questions or inconsistencies.
  • Support new-member reviews, special reviews, and targeted analyses by gathering information, completing assigned sections, and coordinating follow-up items.
  • Maintain complete, well-supported credit files and ensure source data, assumptions, and conclusions are clearly documented.
  • Participate in member calls and internal discussions; prepare questions, capture key takeaways, and complete assigned follow-up analysis.
  • Track macroeconomic, industry, and regulatory developments affecting depository institutions and summarize potential implications for the portfolio.
  • Partner with Credit Risk, Collateral, Member Transaction Desk, Solutions, and other stakeholders to resolve data questions and support consistent risk decisions.
  • Contribute to portfolio reporting, process improvements, data-quality checks, and automation or analytical enhancements as skills develop.
  • Adhere to applicable policies, standards, procedures, internal controls, and confidentiality requirements.
  • Perform other duties and special projects as assigned.

What you'll bring
  • Bachelor's degree in finance, accounting, economics, business, risk management, or a related field, or an equivalent combination of education and relevant experience.
  • Approximately two or more years of relevant experience in credit analysis, financial analysis, banking, audit, risk management, accounting, or a related analytical field. Strong internships, rotational assignments, or directly relevant coursework may be considered as part of the overall experience profile.
  • Foundational ability to interpret financial statements and connect income statement, balance sheet, cash-flow, capital, liquidity, and asset-quality trends.
  • Clear written and verbal communication skills, including the ability to summarize analysis and explain the basis for a conclusion.
  • Strong attention to detail, organization, follow-through, and commitment to accurate documentation.
  • At ease working within a team-based environment.
  • Time management and an ability to display initiative are necessary.
  • MS Office products.
  • Tableau, VBA, R, S&P CapIQ, and Bloomberg experience is a preferred

The Perks
At FHLBank Chicago, we believe in rewarding our high performing workforce. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Visit FHLBCbenefits.com for additional details about our benefits. Step into a brighter future with us.
Salary Range:
$90,400.00 - $150,700.00
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc

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