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Banking Operations Associate Jobs in Mount Prospect, IL

JMG Financial Group

Client Operations Associate

Downers Grove, IL · Hybrid

$60K - $70K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

... banking, or brokerage required. A successful Client Operations Associate will need the skills to ... work effectively in teams as well as independently. This is a great opportunity for someone looking ...

Intersect Illinois

Operations Associate

Chicago, IL · On-site

OPERATIONS ASSOCIATE Intersect Illinois is the only statewide economic development organization ... banking functions * * Manage the receiving and processing of vendor and external invoices ...

Core Spaces

Associate, Cash Operations

Chicago, IL · On-site

  • Medical

  • Life

  • Retirement

  • PTO

By collaborating with banking partners and cross-functional teams, the Cash Operations Associate ensures reliable cash visibility and execution, contributing directly to the organization's financial ...

Beyond Finance

Strategy & Operations Associate

Chicago, IL · On-site

$80K - $115K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

About the Role Beyond Finance is seeking a driven Strategy & Operations Associate to join our ... banking, private equity, strategy, or at a high-growth startup * Proven ability to execute ...

HirexHire

Strategy & Operations Associate

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

... Operations Associate to help drive the company's highest-priority strategic initiatives and ... WHAT YOU WILL NEED * 2 - 4 years of experience in management consulting, investment banking ...

Bank of Montreal

Commercial Banking Associate

Chicago, IL · On-site

$69K - $127K/yr

  • Medical

  • Life

  • Retirement

The Associate will partner closely with internal stakeholders to deliver insights, enhance ... Banking Operations * Microsoft Office Advanced level of proficiency: * Data analysis tools

PatientIQ

Strategy and Operations Associate

Chicago, IL · Remote

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The opportunity PatientIQ is hiring a Strategy & Operations Associate to help drive the company ... banking, private equity, corporate strategy, or business operations at a high-growth SaaS or ...

BMO Capital Markets

Commercial Banking Associate

Chicago, IL · Hybrid

$69K - $127K/yr

  • Medical

  • Life

  • Retirement

The Associate will partner closely with internal stakeholders to deliver insights, enhance ... Banking Operations * Microsoft Office Advanced level of proficiency: * Data analysis tools

Robert Half

Finance Operations Associate

Chicago, IL · On-site

$100K - $105K/yr

  • Medical

  • Dental

  • Vision

  • Life

Interface with all areas of the organization (underwriting, operations, originations, capital ... Bank Debt/Private Credit product knowledge a plus To apply to this hybrid role please send your ...

PatientIQ

Strategy and Operations Associate

Chicago, IL · On-site +1

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The opportunity PatientIQ is hiring a Strategy & Operations Associate to help drive the company ... banking, private equity, corporate strategy, or business operations at a high-growth SaaS or ...

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All JobsBanking Operations Associate JobsBanking Operations Associate Jobs in Mount Prospect, IL

Banking Operations Associate information

See Mount Prospect, IL salary details

$11

$26

$53

How much do banking operations associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for banking operations associate in Mount Prospect, IL is $26.07, according to ZipRecruiter salary data. Most workers in this role earn between $17.69 and $30.10 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 Mount Prospect, IL look for? The top searched job categories for Banking Operations Associate jobs in Mount Prospect, IL are:
What cities near Mount Prospect, IL are hiring for Banking Operations Associate jobs? Cities near Mount Prospect, IL with the most Banking Operations Associate job openings:
Banking Operations Associate jobs near you

Client Operations Associate

JMG Financial Group

Downers Grove, IL • Hybrid

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 6 days ago

Job description

JMG Financial Group, Ltd. is one of the largest independently owned fee-based wealth management firms in the Chicago area. JMG provides wealth management services to corporate executives and high net worth individuals. Investment News recently announced JMG as Best Places to Work for Financial Advisors for 2021-2025.
We are seeking a detail‑oriented Client Operations Associate to support the accurate, timely, and compliant processing of client money and asset movements. This role plays a critical part in safeguarding client assets by ensuring all cash and asset transfers are properly authorized, documented, and executed in accordance with firm policies, custodian guidelines, and regulatory requirements. This position reports to the Operation Director and works closely with the Advisor Teams.
The duties of this role would include, but are not limited to, the following:
  • Process incoming and outgoing client money and asset movements, including:
- Domestic and international wire transfers
- ACH, EFT, and internal account transfers
- Cash journals and money market transactions
- Asset transfers between custodians
- Capital calls and MoneyLinks
- Check requests, deposits, and disbursements
  • Verify and confirm transfer instructions supplied by advisor teams
  • Ensure all transactions are fully authorized, documented, and compliant before execution
  • Track transfers through completion and confirm successful settlement
  • Monitor custodian alerts and address pending or rejected transactions
  • Research and resolve transaction issues, delays, or errors in collaboration with custodians and internal teams
  • Provide clear and timely status updates regarding transfer activity and cash availability
  • Maintain accurate records and documentation within internal systems
  • Serve as a subject‑matter resource on cash movement procedures and requirements
  • Assist with audits, compliance testing, and internal reviews related to asset movement
  • Partner with Compliance and Management to escalate discrepancies, suspicious activity, or incomplete requests
  • Prepare and process electronic and digital authorizations
  • Support additional operational and administrative projects as needed

Any experience and basic knowledge with wire processing or cash operations in financial services, banking, or brokerage required. A successful Client Operations Associate will need the skills to work effectively in teams as well as independently.

This is a great opportunity for someone looking to join a reputable wealth management firm on a long-term basis. The Client Operations Associate is a non-exempt - non‑client‑facing, position and may be eligible for a hybrid schedule after the initial training period.

Education: Minimum of High School diploma required

Compensation: Non-Exempt position, eligible for overtime, bonuses and full benefits including health, dental, vision, life, long-term disability and 401(k).

Your resume and cover letter referring to this posting are required to be considered.

JMG is an equal opportunity employer.

Apply