Deposit Operations Manager Salary
A Deposit Operations Manager earns an average salary of $55,250 per year. A skill in Operations Management is associated with high pay for this job.
|Salary||$40,683 - $81,085|
|Bonus||$200.00 - $6,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$39,003 - $84,007|
Job Description for Deposit Operations Manager
Deposit operations managers are responsible for overseeing and implementing deposit procedures in bank and retail environments. This position requires a strong background in banking and accounting and at least ten years of experience in the field, and a bachelor's degree may also be a requirement.Read More...
Deposit operations managers spend a great deal of time in the office and must be able to sit at a computer for long periods of time. Proficiency in Microsoft Office programs is necessary in this position, and they are also responsible for implementing depositing procedures in an ever-changing landscape. These managers must be able to think quickly and find easy and efficient resolutions to problems on a regular basis.
This is typically a management position which requires experience in dealing with a wide range of personalities while leading everyone toward a common goal. They must also be able to review and understand financial statements and be willing to implement new procedures to keep in line with budgeting and financial statements. They should be able to recognize problems immediately and make changes to maintain an efficient work environment, and some may be expected to work a varied and flexible schedule that matches the flow of business. (Copyright 2017 PayScale.com)
Deposit Operations Manager Tasks
- Determine proper staffing levels and interview, hire, discipline and terminate staff when necessary.
- Manage risk associated with deposit operations by ensuring controls, policies, and procedures are established and in place.
- Prepare accurate and complete reports on deposit operations metrics and provide regularly to upper management.
- Identify potential project risks and ensure that they are effectively managed.
- Review existing company procedures and make recommendations to improve productivity, efficiency, and budget.
Deposit Operations Manager Job Listings
Pay by Experience Level for Deposit Operations Manager
Pay by Experience for a Deposit Operations Manager has a positive trend. An entry-level Deposit Operations Manager with less than 5 years of experience can expect to earn an average total compensation of $47,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Deposit Operations Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 24 salaries. An experienced Deposit Operations Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 31 salaries. A Deposit Operations Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $61,000 based on 23 salaries.
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Key Stats for Deposit Operations Manager
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