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Banking Associate Jobs in Silver Spring, MD (NOW HIRING)

FBR & Co.

Associate - Investment Banking

Arlington, VA · On-site

Associate - Investment Banking Arlington, VA About B. Riley FBR, Inc. B. Riley FBR, Inc. is a leading investment bank which provides corporate finance, research, and sales & trading to corporate ...

5 Legal

M&A and Securities Associate

Washington, DC · On-site

An AmLaw 100 firm and one of the leading law firms seek associates to join their M&A and Securities practice. * Mid-level to senior associate(s) classes of 2016-2014 with large law firm/deal running ...

United Bank

Universal Banker

Washington, DC · On-site

$20.25 - $25.50/hr

Identify and refer when appropriate to a customer to another Bank associate or department to discuss certain financial products/services Operational/Regulatory/Security Responsibilities:

United Bank

Universal Banker

Washington, DC

$20.50 - $25.50/hr

Identify and refer when appropriate to a customer to another Bank associate or department to discuss certain financial products/services Operational/Regulatory/Security Responsibilities:

United Bank

Universal Banker

Washington, DC

$20.25 - $25.50/hr

Identify and refer when appropriate to a customer to another Bank associate or department to discuss certain financial products/services Operational/Regulatory/Security Responsibilities:

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All JobsBanking Associate JobsBanking Associate Jobs in Silver Spring, MD

Banking Associate information

See Silver Spring, MD salary details

$27K

$141.1K

$310.2K

How much do banking associate jobs pay per year?

As of Jun 14, 2026, the average yearly pay for banking associate in Silver Spring, MD is $141,067.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,000.00 and $212,300.00 per year, depending on experience, location, and employer.

What are Banking Associates?

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 do banking associates do?

Banking associates assist customers with account transactions, provide information about banking products, and support daily branch operations. They often handle tasks such as opening accounts, processing deposits and withdrawals, and ensuring compliance with banking regulations, typically requiring good customer service skills and familiarity with banking software.

How much do bank associates earn?

Bank associates typically earn an average salary ranging from $30,000 to $50,000 per year, depending on experience, location, and the size of the bank. Entry-level positions may start lower, while experienced associates or those with specialized skills can earn higher wages. Compensation may also include bonuses and benefits such as health insurance and retirement plans.

What are some typical challenges 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 are the key skills and qualifications needed to thrive as a Banking Associate, and why are they important?

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 is the highest paying job in banking?

The highest paying roles in banking are typically executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Investment Officer (CIO), which require extensive experience, leadership skills, and advanced financial knowledge. Investment banking roles like Managing Director or Senior Vice President also offer high compensation, often including bonuses and incentives. These positions usually demand advanced degrees, certifications, and a strong track record in finance and management.

What is the lowest position at a bank?

The lowest position at a bank is typically a teller or bank clerk, responsible for handling customer transactions and basic banking services. These entry-level roles often require minimal experience and serve as a starting point for a banking career, with opportunities for advancement through experience and additional training.
What are the most commonly searched types of Banking jobs in Silver Spring, MD? The most popular types of Banking jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Banking Associate jobs? Cities near Silver Spring, MD with the most Banking Associate job openings:
Banking Associate jobs near you

Investment Banking Associate - Defense, Space & Government

Robert W Baird & Co

Tysons Corner, VA • On-site

$175K - $200K/yr

Full-time

Medical, Retirement, PTO

Posted 2 days ago

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.

We are seeking a highly motivated experienced Investment Banking Associate with at least two yearsof Investment Banking or equivalent experience to join our Defense & Government team in Tysons Corner, VA. Baird's 20+ person dedicated Defense & Government team is recognized as a leading M&A advisor to the sector. Since 2021, the team has advised on 60 transactions totaling over $28 billion in transaction value.

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

  • Oversee deal execution by directing analysts in their use of AI platforms like Rogo for due diligence and research, while using tools like Power BI to synthesize complex data into strategic advice for clients

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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