Leader Bank ยท 1 month ago
Deposit Operations Specialist
United States
Full-time
Remote
New Grad, Entry Level
$52K/yr - $78K/yrLeader Bank, N.A., a rapidly growing financial institution in Massachusetts, is seeking a dynamic Deposit Operations Specialist to join our Arlington Corporate Office. The Deposit Operations Specialist is responsible for ensuring the accuracy and efficiency of daily deposit operations, including processing ACH, wires, checks, and electronic transfers while playing a critical role in fraud prevention and detection.
Financial ServicesVenture Capital
Responsibilities
Execute a broad range of deposit functions, including account maintenance, item processing, and electronic check review, in accordance with established procedures and compliance standards
Proactively monitor, detect, and investigate suspicious activities across all deposit channels (ACH, Debit Cards, ATMs, Electronic Check Review, External Transfers, etc.)
Collaborate with internal teams to assist with developing and implementing fraud prevention protocols and best practices
Ensure accuracy and completion of all deposit transactions and files
Collaborate with internal teams to develop and implement fraud prevention protocols and best practices
Support internal and external stakeholders by researching and resolving issues promptly to maintain high client satisfaction
Assist management in developing and executing reports, metrics, and risk assessments for deposit-related activities
Maintain up-to-date knowledge of ACH and Check regulations, REG E, and other relevant compliance requirements
Collaborate with other teams and participate in cross-functional projects and initiatives to enhance operational efficiency and client experience
Perform additional tasks and responsibilities as assigned to support the evolving needs of the department and organization
Qualification
Required
Bachelor's degree or equivalent
Excellent organizational skills
Ability to work independently while handling multiple priorities
Poses a strong attention to detail
Excellent verbal and written communication skills
Strong interpersonal skills and the ability to build strong and effective relationships (both with fellow colleagues and customers)
Willingness to work overtime as needed
Positive attitude and eagerness to learn
Above average proficiency with Microsoft Excel (e.g. pivot tables, VLOOKUP etc.)
Strong understanding in ACH and check regulations
Proficiency in applying fraud risk principles including preventative and detective controls
Strong analytical, problem solving and critical thinking skills
Preferred
Familiarity with Fiserv Navigator and related products and applications (EFT, Premier etc.)
Benefits
Health insurance coverage
A team member wellness program
Life and disability insurance
A retirement savings plan
Paid holidays
Paid time off
Vacation
Company
Leader Bank
Leader Bank is a bank personal and business banking solutions in Arlington, Massachusetts.
Founded in 2002
201-500 employees
H1B Sponsorship
Leader Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (2)
2022 (1)
2021 (2)
2020 (4)
Funding
Current Stage
Growth StageLeadership Team
Sushil Tuli
Founder, Chairman & CEO
Recent News
2025-10-31
Seattle TechFlash
2025-05-29
2025-03-13
Company data provided by crunchbase