Deposit Operations Manager

Waldo State Bank; Waldo (WI); On-site; USD 65,000 - 100,000; Full time

Benefits offered by this job

401(k)

401(k) Matching

Employee Assistance Program

Health Insurance

Health Savings Account

Life Insurance

Paid Time Off

Retirement Plan

Tuition Reimbursement

Vision Insurance

Job summary

Waldo State Bank is seeking a Deposit Operations Manager to lead deposit activities and supervise the Personal Banker Manager and Personal Bankers. The role emphasizes community involvement, process improvement, and regulatory compliance.

The ideal candidate has 3–5 years in deposit operations and a college degree or certification, with a focus on accuracy and leadership within a locally owned bank.

Qualifications

• 3–5 years in Deposit Operations Manager or related role.
• Experience in both consumer and commercial deposit operations preferred.

Responsibilities

• Belief and promotion of work-life balance and positive culture within the bank
• Exhibit interpersonal and communication skills, promoting open, authentic communication
• Represent and promote the bank within the community through events and philanthropy
• Provide leadership to deposits staff including hiring, training, and development
• Oversee account opening, maintenance, teller processing, and related products
• Ensure compliance with applicable banking regulations and internal controls
• Collaborate with Audit and Compliance teams for exams and reviews
• Research, compile, and prepare reports for management

Skills

Interpersonal skills

Communication

Leadership

Hiring & training

Time management

Attention to detail

Problem solving

Community outreach

Deposit operations

Regulatory knowledge

Education

College degree or certification

Job description

Our locally owned bank is looking for a community-focused, team oriented, and knowledgeable Deposit Operations Manager to be a part of our dynamic team!

This position is responsible for managing deposit operations, the Personal Banker Manager, and Personal Bankers.

Benefits Include:

• 401(k)
• 401(k) Matching
• Employee Assistance Program
• Health Insurance
• Health Savings Account
• Life Insurance
• Paid Time Off
• Retirement Plan
• Tuition Reimbursement
• Vision Insurance

Education:

College level degree or certification

Experience:

3-5 years in Deposit Operations Manager position or related position

Job Responsibilities:

• Belief and promotion of a work-life balance and positive culture within the bank
• Exhibit excellent interpersonal and communication skills, providing an environment of open and authentic communication
• Represent and promote the bank within the community through participation in bank sponsored events, philanthropic opportunities and civic events
• Excellent attention to detail, time management skills, and problem solving in unique situations
• Provide leadership to the Personal Banker Manager and Personal Bankers including assisting with hiring, training, and development of the deposits staff
• A working knowledge of both consumer and commercial account opening, maintenance of accounts, teller processing, and associated products
• Knowledge in IRA and HSA accounts
• ACH experience or certification is recommended
• Assist with the implementation and testing of new products related to deposit operations
• Research, compile, and prepare reports for management
• Work with the Compliance Team to ensure deposit operation procedures and internal controls are following regulatory requirements
• Ensure compliance with banking regulation including, but not limited to, Funds Availability, Truth in Savings, Electronic Funds Transfer, Privacy, BSA/AML, USA Patriot Act (CIP), OFAC, etc.
• Collaborate with the Audit team for audits and exams related to deposit operations