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Banking Associate Jobs in Illinois (NOW HIRING)

Houlihan Capital

Investment Banking Associate

Chicago, IL · On-site

$83K - $112K/yr

Associate Department: Investment Banking Reports To: Vice President, Investment Banking FLSA Status: Exempt Location: Hybrid - Chicago, IL Base Compensation: $83,000-$112,000 USD Bonus Eligible: Yes ...

Houlihan Capital

Investment Banking Associate

Chicago, IL · Hybrid

$83K - $112K/yr

Associate Department: Investment Banking Reports To: Vice President, Investment Banking FLSA Status: Exempt Location: Hybrid - Chicago, IL Base Compensation: $83,000-$112,000 USD Bonus Eligible: Yes ...

Houlihan Capital

Investment Banking Associate

Chicago, IL · On-site

$83K - $112K/yr

Associate Department: Investment Banking Reports To: Vice President, Investment Banking FLSA Status: Exempt Location: Hybrid - Chicago, IL Base Compensation: $83,000-$112,000 USD Bonus Eligible: Yes ...

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Showing results 1-20

All JobsBanking Associate JobsBanking Associate Jobs in Illinois

Banking Associate information

See Illinois salary details

$26.2K

$136.8K

$300.9K

How much do banking associate jobs pay per year?

As of Sep 1, 2026, the average yearly pay for banking associate in Illinois is $136,835.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,700.00 and $205,900.00 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.

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 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 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, account management, and basic banking operations, with opportunities for advancement to higher roles such as senior associate or specialist based on experience and performance.

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

The most popular types of Banking jobs in Illinois are:

What cities in Illinois are hiring for Banking Associate jobs?

Cities in Illinois with the most Banking Associate job openings:

Banking Associate jobs near you
Infographic showing various Banking Associate job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $136,835 per year, or $65.8 per hour.

Commercial Banking Associate

Schaumburg, IL • On-site

American Commercial Bank & Trust
See more jobs at American Commercial Bank & Trustexternal

$60K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago

Job description

American Commercial Bank & Trust, NA
Commercial Banking Associate - ON SITE in Schaumburg, IL
American Commercial Bank & Trust is currently seeking well-organized and client-focused candidates for our Commercial Banking Associate position, which is located in our Schaumburg, IL Office. The primary responsibility of the Commercial Banking Associate (CBA) is to provide a high level of service to Bank clients, prospects, and internal associates. This customer service role works in tandem with Commercial Loan Officers to compile and prepare loan presentation summaries in a timely and accurate manner. This individual will be responsible for processing approved loan requests from inception to closing, maintaining exception-free credit files, and managing a growing portfolio of loan and deposit clientele.
Key job duties and responsibilities include the following:
  • Acts as a liaison between Lenders, Clients and third parties to obtain and maintain documents required for new and existing loan underwriting and depository relationships.
  • Reviews documents which support underwriting such as organizational documents, title commitments, financial statements, appraisals, and construction draw documentation.
  • Support the Lending Officer(s) in monitoring HMDA and CRA reporting.
  • Maintain knowledge of the Bank's Loan Policy to ensure accuracy of loan presentations and of documentation.
  • Facilitate loan documentation and coordinate and conduct loan closings.
  • Open business accounts and review daily account activity reports.
  • Manage financial and collateral exceptions of assigned portfolio within bank standards.
  • Generate deposit account documentation and maintain knowledge of Treasury Management services.
  • Other projects and duties as assigned, including ongoing training and learning.

Education and Experience:
  • Seeking 3+ years of prior experience with processing and closing commercial loans for middle market clients, and high level of client interaction.
  • Bachelor's degree in business preferred.
  • Will also consider more years of experience with processing and closing commercial loans in lieu of bachelor's degree.

Skills and Abilities:
  • Ability to prioritize competing tasks and exhibit strong written and verbal communication skills.
  • Attention to detail and strong organizational skills.
  • High level of responsiveness and follow-through with both internal and external customers.
  • Strong problem-solving abilities and resourcefulness in finding solutions and answering challenges.
  • Strong working knowledge of Microsoft Suite; experience in the FIS Horizon banking platform and Loan Vantage preferred.

American Commercial Bank & Trust is an Equal Opportunity Employer (Protected Veterans, and Individuals with Disabilities).
A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, H.S.A., 401k with company match, ESOP, paid vacation, sick time, and holidays. For more information on our branch locations, visit us online at: .
Candidates will be required to submit to a background check when presented with a conditional offer of employment.

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