Deposit Operations Specialist Job Description​

A Deposit Operations Specialist is a financial professional responsible for managing and processing deposit-related transactions, ensuring compliance with banking regulations, and supporting the operational functions of a financial institution. They play a crucial role in maintaining the accuracy and efficiency of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts.

Deposit Operations Specialist Job Description​

Job Overview

As a Deposit Operations Specialist, you will be responsible for managing and overseeing all aspects of deposit operations within our organization. You will play a key role in ensuring the accuracy and efficiency of deposit transactions, as well as providing exceptional customer service to our clients. The successful candidate will be detail-oriented, organized, and possess strong analytical skills.

Responsibilities

• Process and reconcile deposit transactions
• Monitor and maintain accurate customer account information
• Investigate and resolve deposit-related inquiries and issues
• Ensure compliance with regulatory requirements and internal policies
• Generate reports and analyze data to identify trends and opportunities for improvement
• Collaborate with other departments to optimize deposit processes and procedures

Requirements

• Bachelor's degree in finance, business, or related field
• 2+ years of experience in deposit operations or related field
• Strong understanding of banking regulations and compliance requirements
• Excellent analytical and problem-solving skills
• Proficient in Microsoft Excel and other financial software
• Exceptional attention to detail and accuracy
• Strong communication and interpersonal skills

Preferred Skills

• Certification in Deposit Compliance
• Experience with deposit software systems
• Knowledge of ACH and wire transfer processes
• Customer service experience in a banking environment