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Bank Operations Associate Jobs in Hempstead, NY (NOW HIRING)

Allocate

Fund Operations Associate

New York, NY · On-site

$110K - $125K/yr

About the Role As a Fund Operations Associate, you will sit at the center of Allocate's fund ... Perform bank account reconciliations and track fund cash flows across active funds. * Manage the ...

Sydecar, Inc

Deal Operations Associate

New York, NY · On-site

$75K - $92K/yr

We take care of all the behind-the-scenes tasks, from automating banking, ensuring compliance ... About the Role As a Deal Operations Associate, you'll help support SPV leads and investors through ...

Sydecar

Deal Operations Associate

New York, NY · Remote

We take care of all the behind-the-scenes tasks, from automating banking, ensuring compliance ... About the Role As a Deal Operations Associate, you'll help support SPV leads and investors through ...

Valinor

Operations Associate

New York, NY · On-site

People operations: coordinate basic HR policies, run hiring logistics (interview scheduling ... Background in a high-intensity environment (fund, law, consulting, banking, startup, military, or ...

Engineers Gate

Trading Operations Associate

New York, NY · On-site

$70K - $100K/yr

We are hiring a Trading Operations Associate to join our global team to sit at the intersection of ... fund, prop firm, bank trading desk, or execution venue. * Bachelor's degree or directly ...

Engineers Gate

Trading Operations Associate

New York, NY · On-site

$70K - $100K/yr

We are hiring a Trading Operations Associate to join our global team to sit at the intersection of ... fund, prop firm, bank trading desk, or execution venue. * Bachelor's degree or directly ...

Novig

Finance Operations Associate

New York, NY · On-site

$110K - $140K/yr

Finance Operations Associate $110k - $140k • meaningful equity About Novig Novig is building ... From banking platforms, payment processors, marketing partners, investors, regulators, and more, we ...

Walrus

User Operations Associate

Manhattan, NY · On-site

$70K - $90K/yr

You have some work experience in operations, ideally financial operations (for example, in banking ... The User Operations Associate role is required to be hybrid in NYC. We will provide relocation ...

talentpluto

Strategy & Operations Associate

New York, NY · On-site +1

$110K - $160K/yr

Background in junior banking, junior consulting, or startup strategy and operations * Sharp, analytical, and genuinely interested in the AI search space * AI-enabled and comfortable working with ...

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Showing results 21-40

All JobsBank Operations Associate JobsBank Operations Associate Jobs in Hempstead, NY

Bank Operations Associate information

See Hempstead, NY salary details

$11

$27

$55

How much do bank operations associate jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for bank operations associate in Hempstead, NY is $27.29, according to ZipRecruiter salary data. Most workers in this role earn between $18.51 and $31.49 per hour, depending on experience, location, and employer.

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.

Is bank operations a good career path?

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 does a bank operations associate do at a bank?

A bank operations associate is responsible for processing transactions, maintaining account records, and ensuring compliance with banking policies. They often use banking software and may handle tasks such as deposits, withdrawals, and account reconciliations to support smooth bank functions.

What are the most commonly searched types of Bank Operations jobs in Hempstead, NY?

The most popular types of Bank Operations jobs in Hempstead, NY are:

What cities near Hempstead, NY are hiring for Bank Operations Associate jobs?

Cities near Hempstead, NY with the most Bank Operations Associate job openings:

Bank Operations Associate jobs near you

Fund Operations Associate

Allocate

New York, NY • On-site

$110K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 23 days ago

Job description

About the Role
As a Fund Operations Associate, you will sit at the center of Allocate's fund operational and treasury infrastructure, supporting the end-to-end lifecycle of 150+ funds across the platform. This role owns the operational details that keep the Allocate funds running: capital calls, distributions, wires, lines of credit, investor data integrity, and coordination both across the Allocate team and with fund administrators, banks, and other counterparties. You are accountable for accuracy, timeliness, and the operational health of the funds on the platform.
This is a hands-on execution role - and one where extreme client service is non-negotiable. You will manage high-volume, detail-intensive work across multiple funds simultaneously and are expected to operate with precision and urgency. When something breaks or an investor has a question, you don't wait for someone else to solve it - you dig in, find the answer, and own the outcome. You will work closely with Client Services, Relationship Management, Legal, Fund Admin, and Product to resolve operational issues and help build the processes that let us scale.
Key Responsibilities
Fund Lifecycle Operations
  • Process high volumes of wires, capital calls, and distributions across the fund portfolio, ensuring data accuracy and timeliness from instruction through settlement.
  • Coordinate with fund administrators and custodians to reconcile positions, confirm transactions, and resolve discrepancies - following through until every break is closed.
  • Perform bank account reconciliations and track fund cash flows across active funds.
  • Manage the line of credit lifecycle across funds - including opening new facilities, maintaining documentation, requesting advances ahead of capital call deadlines, processing repayments, and reconciling outstanding balances.
  • Track, calculate, and reconcile fund fees and expenses - including management fees, fund expenses, and any carried interest accruals - ensuring accuracy across fund records and investor reporting.

Client Service & Problem Solving
  • Serve as a trusted operational partner to wealth advisors and investors - responding with urgency, communicating proactively, and following through on every request.
  • Partner with Client Services to resolve investor-level inquiries tied to fund operations, taking ownership of issues end-to-end rather than passing them along.
  • Identify operational friction points before they become client-facing problems, and build the fixes rather than waiting to be asked.

Process & Communication
  • Document and maintain operational procedures for core fund workflows, building repeatable systems as volume and complexity grow.
  • Work with fund administrators, banking partners, and other service providers to ensure smooth execution across the fund lifecycle.

Qualifications
  • 3 - 5 years of experience in fund operations, fund administration, or a related role within alternative asset management, private equity, hedge funds, or a fund administrator.
  • Working knowledge of private fund structures, capital call mechanics, distribution waterfalls, and investor reporting workflows.
  • Highly organized with the ability to manage multiple deadlines across a portfolio of funds without dropping details.
  • Relentless problem solver who treats obstacles as puzzles, not blockers. You don't escalate without first exhausting your own options, and you follow every issue through to resolution.
  • Track record of extreme client service. You treat every advisor, investor, and internal stakeholder interaction as an opportunity to build trust, and your follow-through is a point of pride.
  • Strong reconciliation skills. You're comfortable working with large data sets, identifying breaks, and resolving them with precision.
  • Strong written and verbal communication skills. You coordinate clearly with internal teams, fund administrators, custodians, and investors under time pressure.
  • Systematic thinker who naturally documents processes, builds repeatable workflows, and looks for ways to create structure as volume and complexity increase.
  • Growth-oriented and energized by a scaling environment. You want to grow with the firm and take on more ownership as the fund count and team expand.
  • Active and curious AI practitioner. You are already thinking about how AI can eliminate repetitive work, surface insights faster, improve work flows, and want to implement this at work.

Why Join Us
  • Own a critical vertical: Lead the operational organization that powers fund delivery, with full accountability for execution outcomes across 150+ funds on the platform.
  • Shape the future of private markets infrastructure: Allocate is building the operating system that connects the wealth channel to institutional private markets. The operational foundation you build enables our AI-powered portfolio intelligence and the client experience we deliver every day.
  • Client-facing impact: This isn't a back-office role. You'll engage directly with wealth advisors and allocators who rely on our platform to manage and grow their private market portfolios - and you'll be expected to deliver an experience that's not just accurate, but exceptional.
  • High ownership and visibility: Direct partnership with senior leadership, a clear mandate, and the opportunity to build a best-in-class delivery function from the ground up.
  • Path to broader operational leadership: As Allocate scales and additional verticals mature, this role is a natural foundation for expanded operational scope under a future COO-led structure.
  • Collaborative, high-velocity culture: Join a team that moves fast, holds itself accountable, and thrives on solving hard problems - for clients and for the firm.

Additional Details
  • Location: New York, NY. In-office required.
  • Employment: Full-time.
  • Salary Range: $110,000 - $125,000 base salary, plus performance-based bonus, stock options, and comprehensive benefits.
  • Actual salary will be determined based on the candidate's experience, location, skills, training, certifications, and education, other relevant qualifications specific to the role, and internal equity and market data. Total compensation may include equity and discretionary performance-based bonuses based on individual, team, and company performance factors.
  • Benefits: Medical, dental, vision, responsible time off (RTO), 401k.

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