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Banking Associate Jobs in Detroit, MI (NOW HIRING)

General Motors

Treasury Associate

Warren, MI · Hybrid

... Banking Associate, or related role. Experience with: Common financial tools, including Return on Invested Capital (ROIC), Net Present Value (NPV), and Internal Rate of Return (IRR); Corporate finance ...

General Motors

Treasury Associate

Warren, MI · On-site

... Banking Associate, or related role. Experience with: Common financial tools, including Return on Invested Capital (ROIC), Net Present Value (NPV), and Internal Rate of Return (IRR); Corporate finance ...

Fifth Third

Personal Banker Associate I

Pontiac, MI · On-site

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to ... Personal Banker Associate I At Fifth Third, we understand the importance of recognizing our ...

Fifth Third

Personal Banker Associate I

Detroit, MI

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to ... Personal Banker Associate I At Fifth Third, we understand the importance of recognizing our ...

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All JobsBanking Associate JobsBanking Associate Jobs in Detroit, MI

Banking Associate information

See Detroit, MI salary details

$24.7K

$129.2K

$284.1K

How much do banking associate jobs pay per year?

As of Aug 7, 2026, the average yearly pay for banking associate in Detroit, MI is $129,205.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,400.00 and $194,400.00 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 Detroit, MI? The most popular types of Banking jobs in Detroit, MI are:
What cities near Detroit, MI are hiring for Banking Associate jobs? Cities near Detroit, MI with the most Banking Associate job openings:
Banking Associate jobs near you
Infographic showing various Banking Associate job openings in Detroit, MI as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 25% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $129,205 per year, or $62.1 per hour.

Investment Banking Associate - Services & Industrials

Piper Sandler Ltd.

Birmingham, MI • On-site

$135 - $225/hr

Other

Posted 2 days ago

New

Job description

## Investment Banking Associate - Services & IndustrialsApplyremote type: In Officelocations: Birmingham, MItime type: Full timeposted on: Posted 3 Days Agojob requisition id: R-100613**Job Description:**At Piper Sandler, we connect capital with opportunity to build a better future. Founded in 1895, we are a leading global investment banking enabling growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.We are currently looking for an **Investment Banking Associate** to join our **Services & Industrials** team in **Birmingham, MI.** This individual will focus on transactions within the residential and commercial services sector. Read more about our Services & Industrials team here.Our associate position offers a unique opportunity for professionals seeking to play a meaningful role in our continued growth while gaining significant experience in M&A, debt, equity and equity-linked transactions. The associate will prepare valuations, write memorandums for company sale assignments and private placements, prepare M&A analyses, and participate in due diligence and drafting sessions for public offerings. The associate is responsible for structuring and executing transactions, and typically functions as a backup for relationships with important clients, is generally the key contact for some clients, and begins to assume some important new business responsibilities.Our environment is collaborative, demanding, fast-paced and entrepreneurial. Our portfolio companies are extraordinarily dynamic and our people have what it takes to excel.A successful candidate will possess the following characteristics:* Bachelor’s degree and 3+ years of investment banking experience or closely related experience* Prior experience involving financial analysis and M&A transaction execution* Excellent written and verbal communication skills, including ability to develop internal and external relationships* Strong knowledge of accounting and financial modeling* Highly motivated, team player with an ability to learn in a fast-paced environmentAs a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.Our investment banking clients have access to unparalleled guidance through our deep product and sector expertise and ready access to global capital. We take pride in providing our clients with thoughtful advice and diligent execution, no matter the economic environment. Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, equity and debt capital markets, private placements, restructuring and corporate & venture services. We offer in-depth knowledge and industry relationships in our core sectors of chemicals, consumer, services & industrials, energy & power, financial services, healthcare and technology. Learn more about our investment banking team here.Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee’s health and well-being. Learn more about our benefits program and how we are here for our employees and their families today, tomorrow and beyond.All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.The anticipated starting salary for Birmingham-based individuals expressing interest in this position is $135,000 - $225,000 per year. Placement within this range is dependent upon level of experience. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market. #J-18808-Ljbffr

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