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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 ...

Coin Flow

Operations Associate

Chicago, IL · On-site

$70K - $90K/yr

As an Operations Associate, you will sit at the intersection of execution and optimization ... Act as the primary point of contact for configuring customer accounts with our bank partners ...

Neuberger Berman

Insurance Operations Associate

Chicago, IL · Hybrid

$100K - $120K/yr

For bank loans, work with Clearwater and our Bank Loan Team to ensure that the WSO Operating Model ... operational resilience Qualifications : * Bachelor's degree (finance or accounting preferred) or ...

Associatedbank

Regional Operations Manager

Elgin, IL

$59.92K - $102.72K/yr

Associate's Degree or equivalent combination of education and experience in Finance, Banking, or Business * 2+ years of banking experience, preferably in operations or sales * 1+ year of coaching or ...

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

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Bank Operations Associate information

See Chicago, IL salary details

$11

$27

$55

How much do bank operations associate jobs pay per hour?

As of May 29, 2026, the average hourly pay for bank operations associate in Chicago, IL is $27.06, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.25 per hour, depending on experience, location, and employer.

What is the lowest position in a bank?

The lowest position in a bank often is a bank teller or cashier, responsible for handling customer transactions and basic banking services. These roles typically require minimal prior experience and may serve as entry points for career advancement within 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 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:
Bank Operations Associate jobs near you
Infographic showing various Bank Operations Associate job openings in Chicago, IL as of May 2026, with employment types broken down into 100% Full Time. Highlights an 82% In-person, and 18% Remote job distribution, with an average salary of $56,278 per year, or $27.1 per hour.
Client Operations Associate

Client Operations Associate

JMG Financial Group

Downers Grove, IL • Hybrid

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 21 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