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Business Management Associate information

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$27.4K

$50.2K

$72.2K

How much do business management associate jobs pay per year?

As of Aug 29, 2026, the average yearly pay for business management associate in New York is $50,223.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,800.00 and $52,500.00 per year, depending on experience, location, and employer.

What is a business management associate?

A Business Management Associate is an entry-level professional who supports various business operations within a company, often focusing on areas like project management, analysis, and process improvement. They assist in implementing business strategies, conducting market research, and preparing reports for senior management. This role serves as a foundation for developing leadership and management skills, often leading to more advanced positions within the organization. Business Management Associates work closely with different departments to ensure organizational goals are met efficiently.

What are the responsibilities of a business management associate?

A business management associate performs duties that are meant to assist the management team. In this career, your responsibilities vary depending on the needs of your employer. As a business management associate, you may perform research and calculations to help prepare an annual budget. In other instances, you may supervise analysis of the business operations or oversee yearly reporting for the business. You may coordinate meetings, manage travel for executives, and communicate with clients on behalf of the company. Some business management associates are responsible for hiring and training support staff.

What types of projects or tasks can a business management associate expect to work on in their first year?

As a Business Management Associate, you can expect to be involved in a variety of projects ranging from market research and data analysis to process optimization and supporting key business initiatives. It's common to rotate through different departments, giving you hands-on exposure to areas like finance, operations, and strategy. You'll likely assist with preparing reports, coordinating meetings, and collaborating with senior managers to solve real business challenges. This diversity of tasks provides a strong foundation and insight into how different functions contribute to organizational success.

What are the key skills and qualifications needed to thrive as a business management associate, and why are they important?

To thrive as a Business Management Associate, you need a solid grasp of business principles, analytical thinking, and a degree in business administration or a related field. Familiarity with data analysis tools (such as Excel or Tableau), CRM systems, and project management software is typically expected. Strong communication, problem-solving aptitude, and adaptability set exceptional candidates apart in this role. These skills and qualities are essential for supporting business operations, driving informed decision-making, and fostering team collaboration.

What is the difference between Business Management Associate vs Business Analyst?

AspectBusiness Management AssociateBusiness Analyst
Required CredentialsBachelor's degree in Business, Management, or related fieldBachelor's degree in Business, Finance, or related field; often some certifications
Work EnvironmentCorporate offices, management teams, project supportData analysis, reporting, process improvement teams
Employer & Industry UsageConsulting firms, corporations, financial institutionsCorporations, consulting firms, tech companies

The Business Management Associate and Business Analyst roles share similar educational backgrounds and work environments, often within corporate settings. While associates focus on supporting management and operational tasks, analysts primarily analyze data to inform business decisions. Both roles are essential in business operations, with overlapping skills in communication and problem-solving, but they differ in their core functions and daily activities.

Is a business management associate's degree worth it?

A business management associate's degree provides foundational knowledge in management principles, finance, and organizational skills, which can help prepare individuals for entry-level roles such as Business Management Associate. While it can improve job prospects and earning potential, practical experience and skills like communication and problem-solving are also important for career advancement in this field.
More about Business Management Associate jobs

What are the most commonly searched types of Business Management jobs in New York?

The most popular types of Business Management jobs in New York are:

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For Business Management Associate jobs in New York, the most frequently searched job titles are:

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Business Management Associate jobs near you
Infographic showing various Business Management Associate job openings in New York as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $50,223 per year, or $24.1 per hour.

Risk Business Management Associate

Sumitomo Mitsui Financial Group, Inc.

Manhattan, NY • On-site

Full-time

Posted 4 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

SMBC is seeking an Associate to join the Office of the Chief Risk Officer (CRO) Business Management team. The individual will work closely with the team and risk verticals to develop executive-quality presentations, reports, and dashboards that distill complex risk information into clear, concise, and actionable insights. The role requires the ability to identify key issues, connect risk themes across functions, and tailor messaging for executive, board, Head Office, and regulatory audiences.

The Associate will also support budget management, governance routines, committee materials, risk reporting process improvements, and other activities that advance CRO priorities. Success in this role requires strong judgment, intellectual curiosity, a desire to learn, comfort working independently, and the ability to foster a collaborative environment across Risk and partner departments.

Role Objectives
  • Develop executive-level materials that distill, render, and visualize complex risk issues in a concise, accurate, and audience-appropriate manner.
  • Translate data and technical risk content into clear narratives that highlight key messages, implications, required decisions, next steps, and potential trade-offs.
  • Support recurring and ad hoc CRO reporting, including materials for senior management, Board, Head Office, regulatory meetings, and risk committees.
  • Assist with budget management, headcount tracking, dashboard visuals, and reporting routines that support CRO Office priorities and organizational planning.
  • Coordinate inputs across risk verticals, challenge unclear or incomplete content, and help ensure timely completion of high-quality materials.
  • Support risk committee processes, including agenda/material preparation, meeting minutes, action item tracking, and governance documentation as needed.
  • Identify opportunities to improve reporting processes, data quality, visual consistency, and overall effectiveness of risk communications.
Qualifications and Skills
  • 3+ years of experience in a risk management function at a large U.S. bank/FBO, consulting firm serving the banking sector, U.S. banking regulator, or comparable financial services environment.
  • Excellent written and verbal communication skills, including nuance in writing and the ability to convert complex content into clear PowerPoint presentations and executive-ready narratives.
  • Strong analytical and organizational skills, with close attention to detail and a demonstrated ability to identify key issues, implications, and required actions.
  • Ability to articulate challenges, decisions, options, pros/cons, resolution paths, next steps, and accountabilities in a structured and concise manner.
  • Working understanding of enterprise risk management and major risk disciplines, including Credit, Market, Liquidity/Treasury, Operational, Model, Technology/Data/Cyber, and Compliance/Regulatory risk.
  • Ability to understand key risk concepts and translate them into accessible, contextually appropriate content for senior management and other non-technical audiences.
  • Interest in connecting risk information across functions and assessing how market, macroeconomic, regulatory, and business developments may affect the organization's risk profile.
  • Effective interpersonal skills and diplomacy in working with internal departments, senior management, Head Office, and regulatory stakeholders.
  • Independent worker and self-starter who is solution-oriented, comfortable with ambiguity, and able to manage multiple time-sensitive deliverables.
  • Strong proficiency in Microsoft Office Suite, especially PowerPoint and Excel; familiarity with Power BI, dashboarding, or similar reporting tools is preferred.
  • Sound judgment, integrity, professionalism, and discretion in handling sensitive information and management-level materials.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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