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Associate Bank Jobs in Minnesota (NOW HIRING)

Pipersandler

Merchant Banking Associate

Minneapolis, MN · On-site

$100K/yr

Founded in 1895, we are a leading global investment bank enabling growth and success for our ... The Associate/Analyst can expect to work closely with the partners in Merchant Banking to make a ...

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Associate Bank information

What does an associate bank do?

An Associate Bank is typically an entry- to mid-level position within a banking institution, supporting senior bankers in managing client relationships, conducting financial analysis, and executing banking transactions. Their responsibilities often include preparing presentations, assisting with loan processing, analyzing financial statements, and ensuring compliance with regulations. Associate Banks play a crucial role in supporting customer service and facilitating smooth banking operations. The position provides valuable experience and can be a stepping stone to more senior roles within the bank.

What are some typical career advancement opportunities for someone starting as an associate bank?

Starting as an Associate Bank provides a solid foundation for growth within the banking industry. With experience and strong performance, you can progress to roles such as Personal Banker, Loan Officer, or Branch Manager. Many banks offer structured training programs and mentorship to help associates develop their skills and move up the ladder. Advancement often depends on your ability to build relationships with clients, achieve sales goals, and demonstrate leadership potential in a team-oriented environment.

What are the key skills and qualifications needed to thrive as an associate bank, and why are they important?

To thrive as an Associate Banker, you need a solid understanding of financial products, customer service skills, and often a bachelor's degree in finance, business, or a related field. Familiarity with banking software, CRM systems, and sometimes regulatory certifications such as FINRA Series 6/63 can be beneficial. Strong interpersonal communication, problem-solving abilities, and attention to detail help build client trust and efficiently resolve issues. These skills are crucial for ensuring customer satisfaction, regulatory compliance, and the smooth operation of daily banking activities.

What is the difference between Associate Bank vs Bank Teller?

AspectAssociate BankBank Teller
Required CredentialsHigh school diploma or equivalent; some roles may require banking certificationsHigh school diploma or equivalent
Work EnvironmentBranch offices, customer service, administrative tasksBranch counters, direct customer interaction
Employer & Industry UsageCommercial banks, financial institutionsRetail banking branches, financial institutions
Common Search & ComparisonYesYes

In summary, an Associate Bank typically has broader responsibilities including administrative and customer service tasks, often requiring some banking certifications. A Bank Teller primarily handles cash transactions and customer inquiries at the branch counter. Both roles are essential in retail banking and share similar work environments, but their scope and responsibilities differ.

What are the most commonly searched types of Bank jobs in Minnesota?

The most popular types of Bank jobs in Minnesota are:

What are popular job titles related to Associate Bank jobs in Minnesota?

For Associate Bank jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Associate Bank jobs in Minnesota look for?

The top searched job categories for Associate Bank jobs in Minnesota are:

What cities in Minnesota are hiring for Associate Bank jobs?

Cities in Minnesota with the most Associate Bank job openings:

Associate Bank jobs near you
Infographic showing various Associate Bank job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 26% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution.

Merchant Banking Associate

Minneapolis, MN • On-site

Piper Sandler Companies
Finance and Insurance • 1 - 5K employees
Learn more about Piper Sandler Companiesexternal

$100K/yr

Full-time

Posted 19 days ago

Job description

Job Description:
At Piper Sandler, we connect capital with opportunity to build a better future. Founded in 1895, we are a leading global investment bank enabling growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.
We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.
We are currently looking for an experienced Associate/Analyst to join the Piper Sandler Merchant Banking ("PSMB") team in Minneapolis, MN in JULY 2027. PSMB is a growth equity investor currently investing out of its fourth fund. PSMB strives to help businesses grow and succeed by leveraging our firm's knowledge, experience and relationships.
The Associate/Analyst can expect to work closely with the partners in Merchant Banking to make a real impact through involvement in all facets of the private equity process. Duties may include:
  • Creating and iterating complex financial models
  • Conducting financial valuations and creating return models for potential new investments
  • Working with senior members of the Merchant Banking team to evaluate and conduct due diligence on potential new investments
  • Preparing investment memoranda
  • Preparing quarterly valuation reports
  • Preparing quarterly and annual reports for our limited partners
  • Maintaining the Merchant Banking deal pipeline and transaction records

Our environment is collaborative, demanding, fast-paced and entrepreneurial. Our portfolio companies are extraordinarily dynamic and our people have what it takes to excel.
A successful candidate will possess the following characteristics:
  • Minimum two years of Investment Banking, buy-side or related financial experience
  • Strong work ethic, with an ability to work in a fast-paced environment, multi-task and learn quickly
  • Detail-oriented and analytical mindset
  • Strong verbal and written communication skills
  • Previous experience with financial modeling or formal training
  • Positive attitude with a desire to work with and contribute to the culture of a close-knit team
  • Bachelor's degree in finance, business, management, or other related degrees
  • THIS POSITION WILL START IN JULY 2027

Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health and well-being. Learn more about our benefits program and how we are here for our employees and their families today, tomorrow and beyond.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.
The anticipated starting salary for Minneapolis-based individuals expressing interest in this position is $100,000 per year. Compensation is dependent upon level of experience. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.

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