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Banking Associate Jobs (NOW HIRING)

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 ...

Bank of Utah

Banking Associate II

Sandy, UT · On-site

$18 - $23/hr

The Banking Associate II serves as a trusted advisor within the branch, performing all responsibilities of the Banking Associate I while assuming expanded accountability for opening and servicing ...

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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Banking Associate information

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$27K

$141.2K

$310.5K

How much do banking associate jobs pay per year?

As of Aug 10, 2026, the average yearly pay for banking associate in the United States is $141,209.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,000.00 and $212,500.00 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.

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.
More about Banking Associate jobs
What cities are hiring for Banking Associate jobs? Cities with the most Banking Associate job openings:
What are the most commonly searched types of Banking jobs? The most popular types of Banking jobs are:
Who are the top companies hiring for Banking Associate jobs? The top employers for Banking Associate jobs are:
What states have the most Banking Associate jobs? States with the most job openings for Banking Associate jobs include:
Banking Associate jobs near you
Infographic showing various Banking Associate job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $141,209 per year, or $67.9 per hour.

Investment Banking Senior Associate - Depositories

Piper Sandler & Co.

Houston, TX • On-site

$175 - $225/hr

Other

Re-posted 9 days ago

Job description

Senior Investment Banking Associate – Depositories Team

Location: Houston, TX.

We are currently looking for a senior Investment Banking Associate to join our Depositories team within the Financial Services group in our Houston, TX office.

Qualifications
  • Bachelor’s degree and 1+ years of investment banking experience at the associate level or closely related experience
  • Meaningful M&A transaction experience, particularly on sell-side M&A
  • Strong knowledge of corporate finance, accounting and financial modeling
  • Excellent business writing skills, including the ability to write compelling selling memorandums and presentations
  • Ability to build relationships and establish trust with internal and external stakeholders
  • Highly motivated, team player with an ability to learn in a fast-paced environment
Compensation

The anticipated starting salary range for individuals expressing interest in this position is $175,000 - $225,000 per year. This position is eligible for annual incentive compensation, which will be part of the total compensation.

Equal Opportunity Statement

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.

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