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Banking Associate Jobs in California (NOW HIRING)

Palm Tree

Associate, Investment Banking

Los Angeles, CA · On-site

$125K - $175K/yr

Associate, Investment Banking About Palm Tree Palm Tree is a modern M&A value creation firm that integrates financial consulting, operational consulting, and investment banking services. Founded in ...

Palm Tree

Associate, Investment Banking

Los Angeles, CA · On-site

$125K - $175K/yr

Associate, Investment Banking About Palm Tree Palm Tree is a modern M&A value creation firm that integrates financial consulting, operational consulting, and investment banking services. Founded in ...

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Showing results 21-40

All JobsBanking Associate JobsBanking Associate Jobs in California

Banking Associate information

See California salary details

$26.6K

$139.4K

$306.4K

How much do banking associate jobs pay per year?

As of Aug 16, 2026, the average yearly pay for banking associate in California is $139,360.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,400.00 and $209,700.00 per year, depending on experience, location, and employer.

What is a banking associate?

Banking Associates are entry- to mid-level professionals in banks or financial institutions who assist clients with their banking needs and support various operations, such as account management, loan processing, and customer service. They serve as the first point of contact for customers, handling inquiries, resolving issues, and ensuring compliance with regulatory requirements. Banking Associates often work alongside branch managers and other banking staff to provide seamless financial services and may also assist in sales and cross-selling of banking products.

Do banking associates need a degree?

Banking associates typically do not require a college degree, but many employers prefer candidates with a high school diploma or equivalent. Relevant skills such as customer service, attention to detail, and familiarity with banking software can be important, and some positions may offer on-the-job training or require certifications like a banking or financial services license.

What challenges do banking associates face during their first year, and how can they overcome them?

Banking Associates often encounter a steep learning curve in their first year, especially when adapting to fast-paced environments and complex financial products. They may face challenges in managing multiple client accounts, meeting strict deadlines, and mastering industry-specific software. To overcome these hurdles, it's important to proactively communicate with team members, seek mentorship from more experienced colleagues, and take advantage of training resources provided by the bank. Building strong organizational skills and staying detail-oriented will also help Banking Associates succeed and grow within the role.

What is the difference between Banking Associate vs Bank Teller?

AspectBanking AssociateBank Teller
Required CredentialsHigh school diploma or equivalent; some roles may prefer associate degreeHigh school diploma or equivalent
Work EnvironmentOffice setting, handling client accounts, administrative tasksBranch counter, direct customer service
Employer & Industry UsageCommercial banks, credit unions, financial institutionsRetail banking branches, financial institutions
Common Search & ComparisonCustomer service, banking operations, financial productsCash handling, customer transactions, account inquiries

While both roles involve customer interaction within banking, Banking Associates typically handle a broader range of financial services and administrative tasks, often requiring more specialized knowledge. Bank Tellers focus primarily on cash transactions and basic customer service at the branch counter. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What skills and qualifications are needed to be a banking associate?

To thrive as a Banking Associate, you need a solid understanding of financial products, customer service, and sales principles, often backed by a bachelor's degree in finance, business, or a related field. Familiarity with banking software, CRM systems, and compliance tools is typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities set top performers apart in this role. These skills are essential for delivering excellent customer experiences, ensuring regulatory compliance, and achieving business targets within a competitive banking environment.

What level is a banking associate at a bank?

A banking associate is typically an entry-level or junior position within a bank, often requiring a high school diploma or bachelor's degree. The role involves customer service, basic banking operations, and may serve as a stepping stone to higher roles such as banking analyst or manager with experience and additional training.

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

The most popular types of Banking jobs in California are:

What cities in California are hiring for Banking Associate jobs?

Cities in California with the most Banking Associate job openings:

Banking Associate jobs near you
Infographic showing various Banking Associate job openings in California as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 25% Part Time, 2% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $139,360 per year, or $67 per hour.

Corporate & Investment Banking Associate - TMT

Sumitomo Mitsui Financial Group, Inc.

San Francisco, CA • Hybrid

$150K - $200K/yr

Full-time

Re-posted 28 days ago

Job description

 SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $150,000.00 and $200,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

Sumitomo Mitsui Banking Corporation (SMBC) is seeking a Corporate & Investment Banking Associate to join our Technology, Media & Telecommunications (TMT) Coverage. This role offers an exciting opportunity to work on complex, high-profile transactions, lead critical workstreams, and partner with senior bankers to deliver strategic financing solutions for corporate clients and financial sponsors in the TMT sector.

Role Objectives: Delivery

Key Responsibilities

  • Client Engagement: Support senior bankers in managing client relationships, identifying strategic opportunities, and driving cross-sell initiatives across SMBC's product suite.
  • Origination & Marketing: In collaboration with senior bankers, take the lead in generation of high-impact content and pitch materials, including compelling presentations, marketing collateral, and innovative financing ideas across the capital structure.
  • Market & Sector Research: Monitor industry trends, analyze competitive dynamics, and contribute to strategic discussions through well-researched insights and presentations.
  • Deal Execution: Coordinate due diligence processes, manage documentation, and oversee internal approval workflows for lending and capital markets transactions.
  • Collaboration: Work closely with product partners across the bank including Debt Capital Markets, Project Finance, Derivatives, Leveraged Finance, Equity Capital Markets, Cash Management, Leasing Finance, Trade Finance, and Lending Management to deliver integrated solutions tailored to client needs.
Qualifications and Skills

Qualifications

  • Strong ability to synthesize complex information into clear, compelling content for client-facing materials.
  • Excellent communication skills-able to present ideas confidently in both written and verbal formats.
  • Exceptional attention to detail and ability to manage multiple priorities under tight deadlines.
  • Solid understanding of TMT industry dynamics and ability to translate insights into actionable ideas.
  • Demonstrated ability to thrive in a fast-paced environment and adapt quickly to evolving processes.

Requirements

  • Education: BA/BS degree required.
  • Experience: 2-4 years of relevant experience in investment banking, corporate finance, or related field.
  • Technical Skills: Advanced proficiency in Microsoft PowerPoint, Word, and Excel.
  • Licensing: FINRA Series SIE, 79, and 63 required (or ability to obtain within a reasonable timeframe).
Additional Requirements

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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