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Banking Operations Associate Jobs in Freeport, IL

Foresight Bank

Loan Operations Specialist I

Winnebago, IL · On-site

$45K - $68K/yr

Associates degree preferred. Minimum 2 years banking experience. Prefer 1-2 years Loan Operations experience. Physical Demands and Work Environment: This job operates in a clerical office setting.

New

KnitWell Group

part time leader

Rockford, IL

$15 - $16.50/hr

Our inclusive community of customers and associates champions the acceptance of all sizes, shapes ... Drives operational excellence; * Using Brand Guide, supports visual updates and maintains visual ...

GameStop

Retail Keyholder (Store 5054)

Machesney Park, IL · On-site

$14.25 - $18.75/hr

Support the overall shopping environment, including visual and operational elements, and nurture ... Make daily bank deposits following established guidelines. * Check shipments for discrepancies or ...

Walgreens

Emerging Store Manager

Rockford, IL · On-site

Supervises customer service associates and designated hitters. Responsible for managing front end ... Supports Store Manager with the overall operation of the store to achieve company deliverables;

Walgreens

Emerging Store Manager

Rockford, IL · On-site

Supervises customer service associates and designated hitters. Responsible for managing front end ... Supports Store Manager with the overall operation of the store to achieve company deliverables;

Walgreens

Emerging Store Manager

Rockford, IL

Supervises customer service associates and designated hitters. Responsible for managing front end ... Supports Store Manager with the overall operation of the store to achieve company deliverables;

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How much do banking operations associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for banking operations associate in Freeport, IL is $24.67, according to ZipRecruiter salary data. Most workers in this role earn between $16.73 and $28.46 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 job categories do people searching Banking Operations Associate jobs in Freeport, IL look for? The top searched job categories for Banking Operations Associate jobs in Freeport, IL are:
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Banking Operations Associate jobs near you

Loan Operations Specialist I

Foresight Bank

Winnebago, IL • On-site

$45K - $68K/yr

Full-time

Posted yesterday

New

Job description

To see benefits offered by Foresight Bank, please visit our careers page: Career Opportunities | Foresight Bank.


This position is eligible for a hybrid flexible work arrangement that includes up to 4 days working from home and 1 day in our Pecatonica location on a rotating schedule.

Organization Overview:

Foresight Bank is the largest, locally owned community bank in Northern Illinois, with fifteen offices in the counties of Winnebago, Stephenson and Kankakee. Foresight Bank is owned by Foresight Financial Group, Inc., an Illinois corporation founded in 1986, a financial holding company established under the Federal Reserve.

Position Summary:

Responsible for maintenance and support duties for all commercial and consumer loans. Role requires a collaborative team player that utilizes strong relationship management, customer service, and communication skills while completing duties that include maintenance and customer service for commercial and consumer loans.

Primary Responsibilities:

  1. Perform routine loan maintenance and servicing functions for commercial and consumer loan accounts.
  2. Process customer requests including initiating and waiving fees, fixing bills, researching payments, reversing payments, and ordering coupon books.
  3. Set up and maintain ACH and AFT transactions and process ACH/NSF returns.
  4. Process outgoing wires for advances on loans.
  5. Process loan payoffs not requiring escrow, create customer payoff letters, and assist with related account maintenance.
  6. Complete UCC searches and file UCC financing statements.
  7. File new notes, pull paid notes, and release titles for the Rockford market.
  8. Record consumer mortgage documents and prepare mortgage releases.
  9. Conduct consumer loan reviews and assist with loan documentation maintenance.
  10. Process appraisal invoices and maintain supporting records.
  11. Generate and distribute ELT title notifications.
  12. Freeze maturing Home Equity Lines of Credit (HELOCs) in accordance with policy and procedures.
  13. Complete monthly reporting functions, including VSI reporting and other assigned operational reports.
  14. Provide prompt, professional service to internal and external customers while researching and resolving loan servicing inquiries.
  15. Maintain accurate records and ensure timely completion of assigned loan operations tasks.
  1. Manage and/or participate in special projects, as needed.
  1. Ensure compliance with all Bank policies and procedures and all applicable state and federal banking laws, rules and regulations including Bank Secrecy Act and Anti Money Laundering to assist management in monitoring for suspicious activity, money laundering, or other illegal customer activity.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Competencies:

To perform the job successfully, an individual should demonstrate the following competencies. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Customer Service Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.

Teamwork Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Supports everyone's efforts to succeed.

Problem Solving Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.

Quality Strives to eliminate errors, accurate work is a priority, seeks opportunities to improve product/services

Dependability Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan.

Technical: Basic working knowledge of core processing systems (Jack Henry CIF 20/20),ACCU Systems, SharePoint, Nitro, Teams and Microsoft Office 365.

Position Performance Standards:

Timeliness in the completion of the daily assigned tasks by the department to ensure regulatory and operational standards are achieved.

Performs maintenance accurately and efficiently


Performance Weightings:

40% Competencies

60% Position Performance Standards and Personal Goals


Qualifications:

High school diploma or general education degree (GED); Associates degree preferred. Minimum 2 years banking experience. Prefer 1-2 years Loan Operations experience.

Physical Demands and Work Environment:

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, copy machines, filing cabinets and fax machines. The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position requires manual dexterity. While performing the duties of this Job, the Team Member is regularly required to sit or stand for extended periods of time.