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Associate Commercial Banking Jobs in Minnesota (NOW HIRING)

Alerus

Commercial Banking Associate

Eagan, MN · On-site

$25 - $30/hr

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Alerus

Commercial Banking Associate

Eagan, MN

$25 - $30/hr

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Alerus

Commercial Banking Associate

Minnetonka, MN · On-site

$25 - $30/hr

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Alerus

Commercial Banking Associate

Saint Paul, MN · On-site

$25 - $30/hr

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Dacotah Banks

Associate

Minneapolis, MN · On-site

Job Summary The Associate supports the Corporate Banking team through credit analysis, underwriting ... analysis, commercial banking, corporate banking, or related financial services roles.

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All JobsAssociate Commercial Banking JobsAssociate Commercial Banking Jobs in Minnesota

Associate Commercial Banking information

See Minnesota salary details

$35.3K

$138.8K

$189K

How much do associate commercial banking jobs pay per year?

As of Aug 21, 2026, the average yearly pay for associate commercial banking in Minnesota is $138,799.00, according to ZipRecruiter salary data. Most workers in this role earn between $121,000.00 and $168,000.00 per year, depending on experience, location, and employer.

What is an associate commercial banking?

An Associate in Commercial Banking is an entry- to mid-level professional who supports relationship managers in providing financial products and services to business clients. Their responsibilities typically include analyzing financial statements, preparing credit memos, assisting with loan structuring, and helping manage client relationships. Associates work closely with senior bankers to evaluate risks, ensure compliance, and help businesses secure financing for growth and operations. This role is a common starting point for a long-term career in commercial banking and finance.

What are the key skills and qualifications needed to thrive as an associate commercial banking?

To thrive as an Associate in Commercial Banking, you need strong financial analysis skills, knowledge of credit risk assessment, and typically a degree in finance, business, or a related field. Familiarity with financial modeling software, loan origination systems, and CRM platforms is often required, along with relevant certifications like CFA or CPA being advantageous. Excellent communication, relationship-building, and problem-solving skills are crucial for engaging clients and collaborating with internal teams. These competencies enable associates to accurately assess client needs, manage risk, and help drive the bank's business growth.

What are some common challenges faced by associate commercial banking professionals, and how can they be navigated successfully?

Associate Commercial Banking professionals often encounter challenges such as managing a diverse portfolio of clients with varying financial needs, balancing risk assessment with business development, and keeping up with regulatory changes. To navigate these challenges, strong organizational and communication skills are essential, as well as a proactive approach to client relationship management. Collaborating closely with senior bankers and risk teams, and staying informed about industry trends, can help associates deliver tailored solutions and grow within the role.

What is the difference between Associate Commercial Banking vs Associate Corporate Banking?

AspectAssociate Commercial BankingAssociate Corporate Banking
CredentialsBachelor's degree, relevant certifications often preferredBachelor's degree, financial certifications advantageous
Work EnvironmentBank branches, client meetings, financial analysisCorporate offices, client negotiations, financial modeling
Employer & IndustryCommercial banks, retail banking sectorLarge corporations, investment banks, or corporate finance divisions
Search & Comparison IntentOften compared for entry-level roles in bankingCompared for roles focusing on large business clients

Associate Commercial Banking and Associate Corporate Banking roles both involve financial analysis and client interaction, but they differ mainly in client type and work environment. Commercial banking focuses on small to medium-sized businesses within retail banking settings, while corporate banking targets larger corporations often in investment or corporate finance divisions.

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

The most popular types of Commercial Banking jobs in Minnesota are:

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

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

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

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

What cities in Minnesota are hiring for Associate Commercial Banking jobs?

Cities in Minnesota with the most Associate Commercial Banking job openings:

Associate Commercial Banking jobs near you
Infographic showing various Associate Commercial Banking job openings in Minnesota as of August 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 79% In-person, 14% Hybrid, and 7% Remote job distribution, with an average salary of $138,799 per year, or $66.7 per hour.

Commercial Banking Associate

Bridgewater Bank

Minneapolis, MN • Hybrid

$63K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Job description

We are seeking a meticulous and self-directed Commercial Banking Associate to provide administrative management of a diverse loan portfolio to ensure client requests are promptly completed and communicates effectively with the Lending Hub regarding management of loan portfolio. The ideal candidate will have prior experience in Commercial or Consumer banking.

RESPONSIBILITIES: 

  • Serve as a secondary point of contact for prospective and existing loan clients.
  • Collect, organize, and review required due diligence documentations for loan origination.
  • Coordinate with Lenders, Loan Administrators, clients, and outside agencies by performing a variety of customer service activities including responding to requests, researching discrepancies, and resolving issues.
  • Track deal progress and ensure timely follow-up on outstanding items.
  • Communicate loan status updates to clients and internal stakeholders.
  • Maintain accurate client records in our Loan Origination System and loan tracking systems.
  • Help identify potential issues early and escalate as needed.
  • Proactively monitor exception tracking system to ensure file accuracy.
  • Manage internal/external requests and financial transactions within the term of the loan documentation, bank policies and procedures. Includes loan advances, payments, wire transfers, payoffs, and collateral releases.
  • Manage or maintain Letter of Credit Log and other daily, month or quarterly reports as assigned.
  • Manage, monitor and/or report activity related to denied/not approved loans, as assigned.

 

QUALIFICATIONS:

  • 5-7 years of Commercial and Consumer loan servicing experience
  • Strong oral and written communication skills
  • High attention to detail and knowledge of rules, regulations and policies relating to loan documentation
  • Bachelor’s degree preferred

 

ABOUT BRIDGEWATER BANK:

Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.

We are on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.

At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus!

COMPENSATION & BENEFITS:

The typical annual base pay range for this role is between $63,700 - $75,200. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to):

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Parental leave
  • 401(k) with employer match
  • Paid vacation & paid holidays

PLEASE NOTE:

The above is intended to describe the general content of and requirements for this position. It is not to be construed as an exhaustive list of duties, responsibilities, or requirements. It is Bridgewater Bank’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.

STATUS: Exempt

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