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Banking Operations Associate Jobs in Alton, IL (NOW HIRING)

Operations Associate - Cost Basis

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are a global wealth management and investment banking firm serious about innovation and fresh ... operations associates, among hundreds more. Let's talk about how you can find your place here at ...

Operations Associate - Cost Basis

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are a global wealth management and investment banking firm serious about innovation and fresh ... operations associates, among hundreds more. Let's talk about how you can find your place here at ...

Operations Associate - Cost Basis

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are a global wealth management and investment banking firm serious about innovation and fresh ... operations associates, among hundreds more. Let's talk about how you can find your place here at ...

Operations Associate-Advisory Support

Saint Louis, MO

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are a global wealth management and investment banking firm serious about innovation and fresh ... operations associates, among hundreds more. Let's talk about how you can find your place here at ...

New

Fund Banking Analyst

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success. At Stifel we offer an entrepreneurial environment ...

Fund Banking Analyst

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success. At Stifel we offer an entrepreneurial environment ...

Fund Banking Analyst

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success. At Stifel we offer an entrepreneurial environment ...

Operations Associate-Stifel Support

Saint Louis, MO · On-site

$16.50 - $21.50/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are a global wealth management and investment banking firm serious about innovation and fresh ... operations associates, among hundreds more. Let's talk about how you can find your place here at ...

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Banking Operations Associate information

See Alton, IL salary details

$10

$25

$51

How much do banking operations associate jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for banking operations associate in Alton, IL is $25.24, according to ZipRecruiter salary data. Most workers in this role earn between $17.12 and $29.13 per hour, depending on experience, location, and employer.

What are some common challenges faced by banking operations associates, and how can they be effectively managed?

Banking Operations Associates often encounter challenges such as managing high transaction volumes, adhering to strict regulatory requirements, and coordinating across multiple departments to resolve discrepancies. Effective time management, attention to detail, and strong communication skills are essential to navigate these challenges. Additionally, staying updated on compliance policies and leveraging internal resources for support can help associates maintain accuracy and efficiency in a fast-paced environment.

What does a banking operations associate do at a bank?

A banking operations associate is responsible for processing transactions, maintaining account records, and ensuring compliance with banking policies. They often use banking software and may handle tasks such as account reconciliations, fraud detection, and customer support to ensure smooth daily operations. Strong attention to detail and knowledge of banking procedures are essential for this role.

What is a banking operations associate?

Banking Operations Associates are professionals who support the daily functions of a bank by processing transactions, ensuring regulatory compliance, and maintaining accurate records. They handle tasks such as account management, reconciliations, data entry, and assisting with audits. Their role is crucial in ensuring efficient and secure banking operations, as they work closely with other departments to resolve issues and improve processes. Banking Operations Associates play a key part in maintaining the integrity and reliability of financial services.

Is banking operations a stressful job?

Banking operations associates often work in fast-paced environments that require attention to detail and adherence to strict regulations, which can lead to stress, especially during high-volume periods or when resolving complex issues. The role involves handling sensitive financial data and meeting deadlines, making organizational skills and stress management important. However, workload and stress levels can vary depending on the employer and specific responsibilities.

What are the key skills and qualifications needed to thrive as a banking operations associate?

A Banking Operations Associate needs strong analytical abilities, attention to detail, and a solid understanding of banking procedures, often supported by a degree in finance, business, or a related field. Familiarity with banking software, transaction processing systems, and compliance tools is typically required, along with knowledge of industry regulations. Excellent organizational skills, problem-solving abilities, and effective communication set top performers apart in this role. These competencies ensure accurate transaction management, regulatory compliance, and efficient support of daily banking operations.
What cities near Alton, IL are hiring for Banking Operations Associate jobs? Cities near Alton, IL with the most Banking Operations Associate job openings:
Infographic showing various Banking Operations Associate job openings in Alton, IL as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $52,493 per year, or $25.2 per hour.

Operations Associate - Cost Basis

Stifel

Saint Louis, MO • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago


Stifel rating

8.3

Company rating: 8.3 out of 10

Based on 22 frontline employees who took The Breakroom Quiz


Job description

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.


The Operations Associate is responsible for aiding in driving departmental results for the Operations Tax Lot Accounting department. This position requires the ability to gain a sound understanding of department subject matter. This position will require collaboration among team members to execute on departmental objectives under direct supervision while following established procedures.


  • Accurately perform job duties as provided by leadership while adhering to departmental procedures and guidelines.
  • Proficiently process, create, and enter data into systems to be utilized by our Financial Advisors and branch staff.
  • Identify potential problems or issues and escalate to department leadership if necessary.
  • Develop effective communication skills within the department.
  • Provide timely updates on progression of job responsibilities to leadership.
  • Demonstrate the ability to work collaboratively within a team.
  • Reconciles data from systems or from account statements.
  • Assists with review of accounts held on various systems.

  • Ability to attain a general understanding of industry rules/regulations and Stifel policies that pertain to the department.
  • Strong attention to detail skills to minimize risk to the firm.
  • Initiative and self-direction when performing tasks with the ability to organize and prioritize effectively in order to meet deadlines.
  • Able to handle large workloads that vary based on heavy volume periods.
  • Ability to work autonomously throughout the day based on performance criteria provided by leadership.

  • Minimum Required: Bachelor's Degree or equivalent experience.
  • Minimum Required: 0-2 years' professional business related experience.

  • Proficient in Outlook and Microsoft Office products.  #LI-AS1

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.


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