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Banking Associate Jobs in Rosemount, MN (NOW HIRING)

Commercial Banking Associate

Minnetonka, MN · On-site

$25 - $30/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Private Banking Assistant

Minneapolis, MN · On-site

$21.17 - $36.29/hr

  • Retirement

  • PTO

Role Summary The Private Banking Associate supports Private Bankers and Specialists in delivering exceptional service to high net worth clients. This role coordinates loan and deposit documentation ...

Investment Banking Vice President

Minneapolis, MN · On-site

$117 - $158/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

WCF is the investment banking and corporate finance arm of Wipfli Advisory LLC, and offers a full ... Provide mentoring to junior associates, offering guidance and support in various tasks and career ...

Investment Banking Analyst

Minneapolis, MN · On-site

$66K - $89K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

WCF is the investment banking and corporate finance arm of Wipfli Advisory LLC, and offers a full ... Provide mentoring to junior associates, offering guidance and support in various tasks and career ...

Investment Banking Analyst

Minneapolis, MN · Hybrid

$66K - $89K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

WCF is the investment banking and corporate finance arm of Wipfli Advisory LLC, and offers a full ... Provide mentoring to junior associates, offering guidance and support in various tasks and career ...

Investment Banking Analyst

Minneapolis, MN · Hybrid

$66K - $89K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

WCF is the investment banking and corporate finance arm of Wipfli Advisory LLC, and offers a full ... Provide mentoring to junior associates, offering guidance and support in various tasks and career ...

Investment Banking Analyst

Minneapolis, MN · Hybrid

$66K - $89K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Investment Banking Associates at WCF receive a competitive base salary plus a substantial incentive component tied to successful transaction closings. Incentives are paid only when deals close ...

Electronic Banking Specialist

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Associate's degree in a related field or equivalent specialized training. * Prefer 1-3 years of experience in bank operations, digital banking, debit card services, customer support, treasury support ...

Associate Banker

Plymouth, MN · On-site

  • Medical

  • Life

  • Retirement

Retail Banking Sales & Service Delivers exceptional service to BMO customers and prospects. Identifies customer needs and provides advice and guidance regarding financial solutions that are in the ...

Associate Banker

Edina, MN · On-site

  • Medical

  • Life

  • Retirement

Retail Banking Sales & Service Delivers exceptional service to BMO customers and prospects. Identifies customer needs and provides advice and guidance regarding financial solutions that are in the ...

Showing results 21-40

Banking Associate information

See Rosemount, MN salary details

$27.6K

$144.4K

$317.5K

How much do banking associate jobs pay per year?

As of Aug 17, 2026, the average yearly pay for banking associate in Rosemount, MN is $144,371.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,900.00 and $217,300.00 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.

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 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 Rosemount, MN?

The most popular types of Banking jobs in Rosemount, MN are:

What cities near Rosemount, MN are hiring for Banking Associate jobs?

Cities near Rosemount, MN with the most Banking Associate job openings:

Infographic showing various Banking Associate job openings in Rosemount, MN as of June 2026, with employment types broken down into 4% As Needed, 79% Full Time, 13% Part Time, 2% Contract, and 2% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $144,371 per year, or $69.4 per hour.

Commercial Banking Associate

Alerus

Minnetonka, MN • On-site

$25 - $30/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago


Alerus rating

7.4

Company rating: 7.4 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

106th of 171 rated banks


Job description

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.  
CORE VALUES:  Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus 
ABOUT THE ROLE: 

This position supports Bankers by providing pre-closing fulfillment and ongoing administrative support for commercial lending and deposit relationships. This role assists with coordinating and reinforcing the sales and client service efforts of the commercial banking team by managing documentation, due diligence, and operational workflows to ensure adherence to approved terms and regulatory requirements. It will be expected to maintain a customer focus and to partner closely with underwriting, relationship management, loan operations, and internal experts to deliver a consistent, high-quality client experience while maintaining a strong focus on accuracy, organization, and service delivery.


WHAT YOU’LL BE DOING: 

  • Manage commercial loans through commercial loan origination workflow system from application through post-closing and completion.
  • Enters complete and accurate loan applications; performs pre-closing and post-closing due diligence, and documentation review.
  • Coordinate loan closing with title companies, attorneys, and internal partners; submit requests for loan documentation preparation.
  • Works closely with Bankers and clients to obtain required information for submission to underwriting and/or ongoing tickler file monitoring.
  • Manage loan closing pipelines and assist with coordinating loan closing timelines and client communications with Bankers.
  • Indexes and maintain financial and supporting documentation within Nautilus and other internal systems.
  • Responsible for obtaining and maintaining required KYC, CIP, CDD and Beneficial Ownership for commercial loan and deposit clients.
  • Assist with opening commercial depository accounts for assigned Bankers, collaborating with Commercial Deposit Specialists, Treasury Management, Private Banking or Retail partners as needed.
  • Provide superior customer service and acts as a point person in resolving client issues for assigned Banker portfolios.
  • Coordinates with Bankers and enters business overdraft and refund decisions; escalating approvals per credit policy.


                      WHAT YOU SHOULD HAVE:
                       

                      • Bachelor’s degree or equivalent combination of education and/or related experience in the financial industry.
                      • Minimum of 1+ year of commercial lending and/or deposit experience.
                      • Understanding of commercial lending and deposits, bank operations, products and services, business entity structure and documentation.
                      • Capacity to manage and stay organized while working with high volume, time sensitive transactions and portfolios.
                      • Ability to be flexible, implement continuous change and demonstrate a positive attitude.
                      • High level of commitment to accuracy and detail.
                      • Effective written and verbal communication skills.


                                WHAT WE BRING TO THE TABLE:
                                 

                                • Competitive compensation including base salary, bonus and/or incentive opportunities. 
                                • Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings. 
                                • Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.  
                                • Learning and development resources for personal and professional career development, and advancement opportunities. 
                                • Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.  
                                • Support for the communities we live in through paid volunteer time and a company donation match opportunity. 


                                          WORK ENVIRONMENT: 
                                          Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds. 

                                          BASE PAY RANGE:

                                          $25 - $30 per hour

                                          The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job. 

                                          Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. 


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