Deposits Process & Controls Specialist

SRI Conference; Dallas (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

The Private Bank is seeking a Deposits Process & Controls Associate to strengthen governance, risk management, and controls across the deposits business. This role collaborates with Risk, Compliance, Operations, Technology, and Audit to support a scalable, well-controlled operation.

Responsibilities include documenting deposit processes, driving improvements, and participating in governance forums. The role requires 3-5 years in related functions and strong communication skills.

Qualifications

• 3-5 years of experience in Private Banking Operations, Treasury, Operational Risk, Controls, Internal Audit, RCSA, Project Management, or a related first- or second-line function.
• Strong understanding of risk, controls, governance, and process management frameworks.
• Excellent written and verbal communication skills.
• Proven ability to manage multiple workstreams and drive execution across stakeholder groups.
• Strong analytical, organizational, and problem-solving skills.
• Experience with banking products, deposits, treasury services, or liquidity management is a plus.

Responsibilities

• Identify process, operational risk, and control gaps across the Deposits business.
• Support RCSA activities, issues management, audit remediation, and regulatory initiatives.
• Develop and maintain controls, procedures, and governance frameworks to ensure compliance with firmwide standards.
• Monitor and report on risk, control, and remediation activities.
• Document and enhance end-to-end deposit processes, procedures, and workflows; conduct periodic trainings to review these.
• Partner with stakeholders to drive process improvements, operational efficiency, and control effectiveness.
• Participate in the design and launch of new products, pricing initiatives, and business changes by assessing process and control impacts.
• Assist with management reporting, business metrics, and strategic initiatives supporting the Deposits franchise.
• Run Deposits governance and risk forums, e.g., Deposits SteerCo.

Skills

Risk management

Governance

Process improvement

Stakeholder management

Analytical skills

Communication skills

Job description

The Private Bank is seeking a Deposits Process & Controls Associate to strengthen governance, risk management, and controls across the deposits business. This role collaborates with Risk, Compliance, Operations, Technology, and Audit to support a scalable, well-controlled operation.

Responsibilities include documenting deposit processes, driving improvements, and participating in governance forums. The role requires 3-5 years in related functions and strong communication skills.