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Banking Associate Jobs in Berwyn, IL (NOW HIRING)

Citi

Investment Banking Associate - Industrials

Chicago, IL · Hybrid

$175K - $225K/yr

Citi is looking for an Investment Banking Associate to join our Industrials coverage team, playing a key role in advising clients on mergers, acquisitions, and capital markets transactions. In this ...

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All JobsBanking Associate JobsBanking Associate Jobs in Berwyn, IL

Banking Associate information

See Berwyn, IL salary details

$27.4K

$143.2K

$314.8K

How much do banking associate jobs pay per year?

As of Sep 3, 2026, the average yearly pay for banking associate in Berwyn, IL is $143,186.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,600.00 and $215,500.00 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 cities near Berwyn, IL are hiring for Banking Associate jobs?

Cities near Berwyn, IL with the most Banking Associate job openings:

Banking Associate jobs near you
Infographic showing various Banking Associate job openings in Berwyn, IL as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $143,186 per year, or $68.8 per hour.

Investment Banking Associate - Consumer

Robert W Baird & Co

Chicago, IL

$175K - $200K/yr

Full-time

Medical, Retirement, PTO

Re-posted yesterday

Job description

Complex deals, real ownership, and career momentum. Grow further at Baird.

Baird is where investment banking careers gain real traction. Associates take on meaningful responsibility, work closely with senior bankers and clients, and grow in a culture that values performance, collaboration, and long-term success.

What You'll Do:

Responsibility that shapes your skill. Work that deepens your impact.

  • Play a lead role in executing public equity offerings, mergers and acquisitions, and other strategic financial advisory services across a range of sectors

  • Drive the preparation of company valuations, financial models, marketing materials, and client presentations

  • Contribute to business development efforts through research and analysis

  • Work directly with senior bankers and client executives, gaining insight into leadership-level decision-making

  • Use AI tools like Rogo and auxi to streamline the creation of pitch books and models, and employ data visualization software like Power BI to generate data-driven insights and reports for client materials

What You'll Gain:

A team that runs on trust, momentum, and shared values

  • Build strong relationships with client leadership and C-suite executives through active involvement in complex M&A transactions

  • Take on greater ownership through lean deal teams that offer more responsibility

  • Navigate clear paths for progression with mentorship, visibility, and real opportunity

  • Advance alongside elite, high-performing peers who hold each other to a high standard

  • Collaborate across Baird's global investment banking platform-500+ banking associates working together to drive results across geographies, sectors, and specialties

  • Grow in a culture that values diverse perspectives, welcomes ambition, and builds success through collaboration and shared purpose

What It Takes:

We're looking for people ready to lead with focus and integrity

  • At least one year of full-time experience in a solution-focused financial or quantitative role

  • Strong analytical skills, attention to detail, and a track record of delivering results

  • Clear communication, strong leadership, and the ability to thrive in a collaborative, high-performing team

  • Intellectual agility, initiative, and the drive to grow in a fast-paced, client-focused environment

  • Experience with AI tools such as Rogo, CoPilot, and auxi is preferred

  • Familiarity with data visualization tools such as Power BI, Tableau, or similar

Compensation and Benefits:

  • $175,000 - $200,000 annual salary with bonus potential

  • Compensation and bonus are commensurate with experience, performance and/or GIB profitability

  • In addition to a strong culture that is focused on health and well-being, our organization offers competitive total compensation packages andcomprehensive benefitsincluding: protected Friday night and Saturdays, periodic sabbaticals during career, shareholder opportunities, mandatory paid time off (PTO) and robust 401k match and profit-sharing contribution

Note to External Recruiters / Search Firms:

Baird does not accept unsolicited resumes and will not compensate for any placement resulting from such submissions. Any unsolicited resumes received will not be treated as valid applications.

Baird is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status.

Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.

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