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Bank Operations Associate Jobs in Chicago, IL (NOW HIRING)

Intersect Illinois

Operations Associate

Chicago, IL · On-site

OPERATIONS ASSOCIATE Intersect Illinois is the only statewide economic development organization ... banking functions * * Manage the receiving and processing of vendor and external invoices ...

Core Spaces

Associate, Cash Operations

Chicago, IL · On-site

By collaborating with banking partners and cross-functional teams, the Cash Operations Associate ensures reliable cash visibility and execution, contributing directly to the organization's financial ...

Associated Bank

Bank Manager

South Elgin, IL · On-site

You'll oversee daily branch operations, drive sales and service goals, and develop lasting ... Associate degree or equivalent combination of education and experience * 2+ years of demonstrated ...

Monroe Capital LLC

Associate, Loan Operations

Chicago, IL · On-site

$65K - $85K/yr

The Associate's primary focus will be the management of a portfolio of loan transactions. We are ... Special projects upon request Requirements * 1+ years of experience in banking/financial field

Busey Bank

Customer Care Advisor

Joliet, IL · On-site

$19 - $21/hr

Maintain customer confidence and protect bank operations by keeping information confidential ... In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible ...

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All JobsBank Operations Associate JobsBank Operations Associate Jobs in Chicago, IL

Bank Operations Associate information

See Chicago, IL salary details

$11

$27

$54

How much do bank operations associate jobs pay per hour?

As of Jul 12, 2026, the average hourly pay for bank operations associate in Chicago, IL is $27.04, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.20 per hour, depending on experience, location, and employer.

What is the lowest position at a bank?

The lowest position at a bank is typically a bank teller or cashier, responsible for handling customer transactions and basic banking services. These roles often require minimal prior experience and serve as entry points into banking careers, with opportunities for advancement through experience and additional training.

What does an operations associate do at a bank?

An operations associate at a bank handles daily administrative and operational tasks such as processing transactions, maintaining account records, ensuring compliance with regulations, and supporting customer service. They often use banking software and may need knowledge of financial procedures and attention to detail to ensure smooth and accurate banking operations.

What is the difference between Bank Operations Associate vs Bank Teller?

AspectBank Operations AssociateBank Teller
Primary RoleSupports back-office banking functions, processes transactions, manages accounts, and ensures complianceHandles customer transactions, deposits, withdrawals, and provides basic banking services
Required SkillsAttention to detail, knowledge of banking procedures, data entry, and complianceCustomer service, cash handling, communication skills
Work EnvironmentOffice setting, back-end operationsBranch front-line customer service
CertificationsTypically no specific certifications required, but familiarity with banking software is commonUsually no certifications required

While both roles are essential in banking, Bank Operations Associates focus on back-office processes and compliance, whereas Bank Tellers interact directly with customers. Understanding these differences helps job seekers identify the right career path within banking operations.

What bank is paying $25 an hour?

Bank Operations Associates can earn around $25 an hour depending on experience, location, and the bank's pay structure. Salaries may vary based on the bank's size, geographic region, and whether the role involves additional responsibilities or certifications.

Is bank operations a good career?

Bank operations is a stable career that involves managing daily banking activities, processing transactions, and ensuring compliance. It often requires attention to detail, knowledge of banking software, and can offer opportunities for advancement within financial institutions.
What are the most commonly searched types of Bank Operations jobs in Chicago, IL? The most popular types of Bank Operations jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Bank Operations Associate jobs? Cities near Chicago, IL with the most Bank Operations Associate job openings:
Bank Operations Associate jobs near you
Client Operations Associate

Client Operations Associate

JMG Financial Group

Downers Grove, IL • Hybrid

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 4 days ago

Job description

JMG Financial Group, Ltd. is one of the largest independently owned fee-based wealth management firms in the Chicago area. JMG provides wealth management services to corporate executives and high net worth individuals. Investment News recently announced JMG as Best Places to Work for Financial Advisors for 2021-2025.
We are seeking a detail‑oriented Client Operations Associate to support the accurate, timely, and compliant processing of client money and asset movements. This role plays a critical part in safeguarding client assets by ensuring all cash and asset transfers are properly authorized, documented, and executed in accordance with firm policies, custodian guidelines, and regulatory requirements. This position reports to the Operation Director and works closely with the Advisor Teams.
The duties of this role would include, but are not limited to, the following:
  • Process incoming and outgoing client money and asset movements, including:
- Domestic and international wire transfers
- ACH, EFT, and internal account transfers
- Cash journals and money market transactions
- Asset transfers between custodians
- Capital calls and MoneyLinks
- Check requests, deposits, and disbursements
  • Verify and confirm transfer instructions supplied by advisor teams
  • Ensure all transactions are fully authorized, documented, and compliant before execution
  • Track transfers through completion and confirm successful settlement
  • Monitor custodian alerts and address pending or rejected transactions
  • Research and resolve transaction issues, delays, or errors in collaboration with custodians and internal teams
  • Provide clear and timely status updates regarding transfer activity and cash availability
  • Maintain accurate records and documentation within internal systems
  • Serve as a subject‑matter resource on cash movement procedures and requirements
  • Assist with audits, compliance testing, and internal reviews related to asset movement
  • Partner with Compliance and Management to escalate discrepancies, suspicious activity, or incomplete requests
  • Prepare and process electronic and digital authorizations
  • Support additional operational and administrative projects as needed

Any experience and basic knowledge with wire processing or cash operations in financial services, banking, or brokerage required. A successful Client Operations Associate will need the skills to work effectively in teams as well as independently.

This is a great opportunity for someone looking to join a reputable wealth management firm on a long-term basis. The Client Operations Associate is a non-exempt - non‑client‑facing, position and may be eligible for a hybrid schedule after the initial training period.

Education: Minimum of High School diploma required

Compensation: Non-Exempt position, eligible for overtime, bonuses and full benefits including health, dental, vision, life, long-term disability and 401(k).

Your resume and cover letter referring to this posting are required to be considered.

JMG is an equal opportunity employer.

Apply