Deposit Operations Business Systems Analyst

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel,
where success meets success
.

The Deposit Operations Business Systems Analyst is responsible for administering and supporting core banking and ancillary systems while serving as a key resource for operational reporting, user access management, system configuration, and process improvement initiatives. This role independently analyzes operational data, supports audit and compliance requirements, troubleshoots system-related issues, and partners with business units to improve efficiency, accuracy, and control practices across Deposit Operations and related departments.

• Administer and maintain core banking and operational systems, including product setup, configuration updates, user administration, and system maintenance activities.
• Independently manage user access controls across multiple banking applications, including onboarding, modifications, terminations, and periodic access reviews.
• Generate, validate, analyze, and distribute operational and Business Analytics reports to support business and regulatory requirements.
• Research, troubleshoot, and resolve moderate-complexity system, reporting, and operational issues while coordinating with internal partners and vendors as needed.
• Monitor system updates, release communications, and vendor notices, assessing operational impacts and assisting with implementation activities.
• Support internal and external audits by gathering documentation, validating controls, responding to inquiries, and assisting with remediation efforts.
• Perform data analysis, reconciliations, and exception monitoring to identify trends, risks, inaccuracies, and process improvement opportunities.
• Maintain operational procedures, process documentation, system specifications, and user administration standards.
• Participate in testing activities for system upgrades, product implementations, workflow enhancements, and operational changes.
• Collaborate with business partners to evaluate operational needs and recommend solutions that improve efficiency, controls, and customer service.
• Provide guidance and knowledge sharing to less experienced team members and serve as a resource within the department.

• Working knowledge of banking operations, deposit operations processes, and financial services environments.
• Strong analytical, problem-solving, and critical-thinking skills.
• Ability to interpret data, identify trends, and recommend solutions.
• Knowledge of user access administration, system controls, and operational risk management principles.
• Strong attention to detail with a focus on accuracy, completeness, and data integrity.
• Ability to prioritize multiple assignments and meet deadlines in a fast-paced environment.
• Strong verbal and written communication skills.
• Ability to build effective working relationships across departments and functional areas.
• Understanding of audit, compliance, and regulatory requirements affecting banking operations.
• Ability to work independently while exercising sound judgment and escalating issues when appropriate.

• Minimum
  
  Required:
  
  High school diploma or equivalent.
• Preferred:
  Bachelor's degree in Business, Finance, Information Systems, or a related field.
• Minimum
  
  Required:
  
  3+ years of experience in banking operations, systems administration, business systems support, deposit operations, or a related area.

• Minimum
  
  Required:
  
  None.

• Proficient in Microsoft Office Suite (Excel, Outlook, Word, PowerPoint).
• Experience with core banking platforms and ancillary banking systems.
• Experience utilizing reporting, analytics, or business intelligence tools.
• Ability to analyze and manipulate data using advanced Excel functions.

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and…