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Banking Operations Associate Jobs in Freeport, IL

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Banking Operations Associate information

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$10

$24

$50

How much do banking operations associate jobs pay per hour?

As of Aug 13, 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:
What cities near Freeport, IL are hiring for Banking Operations Associate jobs? Cities near Freeport, IL with the most Banking Operations Associate job openings:

$22 - $25/hr

Full-time, Part-time

Medical, Life, Retirement, PTO

Re-posted 29 days ago


Job description

2025-2026 District Bookkeeper
Primary Purpose
Under the direct supervision of the superintendent, to assist in the administration of the school district's accounts payable function, ensuring the accuracy of invoices to be paid, and the timely payment of school district expenses, maintaining accurate account balances, in conformance with school district policies and practices as well as applicable laws and regulations.   Essential Functions
  • Assists in administering the school district's accounts payable function, including the processing of purchase orders and invoices for payment, and inputting and maintaining data and information into the accounting system regarding accounts payable to ensure records are accurate and up-to-date.
  • Researches discrepancies regarding the accuracy of invoice amounts, word counts, etc. for the purpose of ensuring accuracy and implementing corrective measures, communicating with vendors, consultants, translators, or others as needed to reconcile.
  • Assists in inputting and maintaining all data and information into the accounting system regarding accounts payable.
  • Reconciles accounts payable invoice batches, and processes payment checks or wire payments as directed.
  • Develops reporting procedures and internal controls for timely and accurate completion of reporting and record-keeping requirements.
  • Maintains accounts payable records for accurate and up-to-date filing and recordkeeping.
  • Composes correspondence to clients as needed for the purpose of documenting activities, providing written reference and/or conveying information regarding accounts payable issues, balances, etc.
  • Works with local, state and federal auditors in performing the necessary requirements and reporting of district finances and processes.
  • Ability to use technology to perform payroll duties, banking, state retirement systems, frontline, skyward, state budgeting reporting, etc.
  • The district is in the process of transitioning to Skyward financial with the goal of implementation in January 2026.
Additional Duties
Performs other related duties, as assigned, for the purpose of ensuring the efficient and effective functioning of the accounting system.
Note:  The above description is illustrative of tasks and responsibilities.  It is not meant to be all inclusive of every task or responsibility.
Equipment
  • Uses standard office equipment such as personal computer, copy machine, fax machine, telephone.
  • Uses calculating devices.

Knowledge, Skills and Abilities
  • Knowledge of accounting and bookkeeping principles.
  • Organizational and time management skills.  Attention to detail.
  • Ability to report work orally or in writing to supervisor as required.
  • Ability to carry out instructions furnished in written or oral form.
  • Ability to add, subtract, multiply and divide, performs complex arithmetic operations and use calculators.
  • Ability to understand, apply and use personal computers and software applications (e.g., Word, Excel).
  • Ability to problem-solve job-related issues.
  • Ability to process paperwork accurately according to standardized procedures.
  • Ability to maintain confidentiality of information regarding school district financial, personnel and other information.
  • Ability to establish and maintain cooperative working relationships with others contacted in the course of work.
 Physical and Mental Demands, Work Hazards
  • Works in standard office building environments.
Qualification Profile
Any combination of education and experience providing the required skill and knowledge for successful performance would be qualifying.  Typical qualifications would be equivalent to:
  • Associates or Bachelor's Degree in Accounting or related field, with course work in business, math, accounting, and bookkeeping and record keeping.
  •  Some successful school district bookkeeping or accounting experience preferred.
FLSA Status:       Non-exempt
Wages:  Anticipated training with current bookkeeper would take place from July 2025 through December 2025 with a starting training wage of $17/hour (part-time or full-time).  Beginning January 1, 2026, starting wage would be between $22-$25 per hour (40 hours per week) dependent upon credentials plus district paid medical and life insurance, IMRF retirement and paid time off per Board Policy 5:330.
Deadline to apply is Friday, May 30, 2025.