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Business Operation Associate Jobs in Rhode Island

The Operations Associate maintains primary responsibility for all operational elements of a small ... Making referrals to other bank business lines and third-party partners * Handling routine account ...

The Operations Associate maintains primary responsibility for all operational elements of a small ... Making referrals to other bank business lines and third-party partners * Handling routine account ...

Wealth Management Associate

Westerly, RI · On-site +1

$65K - $75K/yr

Operational & Team Support * Gather, organize, and maintain documentation required for account ... internal business partners. * Prepare correspondence, reports, spreadsheets, and other ...

As a Fleet Operations Associate , you will work all around the city as part of our Fleet Operations ... Essential functions and responsibilities may change as business needs require. The compensation and ...

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Business Operation Associate information

What does a business operation associate do?

A Business Operation Associate supports the daily functions and processes that keep a company running efficiently. They analyze business procedures, assist in developing and implementing operational strategies, and help manage projects or workflows. Their responsibilities often include data analysis, reporting, process improvement, and coordination between different departments. This role is essential for ensuring that business operations run smoothly and that organizational goals are met.

What are the key skills and qualifications needed to thrive as a business operation associate?

To thrive as a Business Operation Associate, you need strong analytical skills, attention to detail, and a bachelor's degree in business, finance, or a related field. Familiarity with data analysis tools (such as Excel or Tableau), ERP systems, and process management software is typically required. Excellent communication, organizational abilities, and problem-solving aptitude help you collaborate effectively and drive operational improvements. These skills are essential for ensuring efficient business processes, supporting decision-making, and contributing to organizational success.

What are some common challenges faced by business operation associates, and how can they effectively overcome them?

Business Operation Associates often encounter challenges such as juggling multiple projects with tight deadlines, adapting to rapidly changing priorities, and ensuring clear communication across departments. To overcome these hurdles, it's important to develop strong organizational skills, proactively seek clarification when priorities shift, and maintain open lines of communication with team members and stakeholders. Leveraging project management tools and regularly checking in with supervisors can also help keep tasks on track and ensure alignment with overall business goals.

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

AspectBusiness Operation AssociateBusiness Analyst
Required CredentialsTypically a bachelor's degree in business, finance, or related fieldUsually a bachelor's degree in business, economics, or similar; certifications like CBAP are common
Work EnvironmentOffice setting, supporting daily operations and process improvementsOffice environment, analyzing data and recommending strategic solutions
Employer & Industry UsageRetail, finance, tech companies for operational support rolesConsulting firms, finance, and tech for strategic analysis roles

While both roles involve business processes, a Business Operation Associate focuses on supporting daily operations and process execution, whereas a Business Analyst emphasizes analyzing data and providing strategic insights. The roles often overlap but differ mainly in scope and focus.

How much do business operation associates make in the US?

Business Operation Associates in the US typically earn an average salary ranging from $45,000 to $65,000 per year, depending on experience, location, and industry. Entry-level roles may start lower, while experienced professionals or those in high-demand areas can earn higher salaries, often supplemented with benefits and bonuses.

Is business operation associate a good career?

A business operation associate role involves supporting company processes, improving efficiency, and managing data, often requiring skills in communication, organization, and basic analytics. It can be a good career for those interested in business management and operations, with opportunities for advancement into managerial or specialized roles. The job typically offers steady employment and the chance to develop valuable business skills.

What are the most commonly searched types of Business Operation jobs in Rhode Island?

The most popular types of Business Operation jobs in Rhode Island are:

What cities in Rhode Island are hiring for Business Operation Associate jobs?

Cities in Rhode Island with the most Business Operation Associate job openings:

Operations Associate

Eastern Bank

Cranston, RI • On-site

$24.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Eastern Bank rating

8.3

Company rating: 8.3 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

48th of 172 rated banks


Job description

 Starting Rate: $24.50 

Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.

The Operations Associate maintains primary responsibility for all operational elements of a small to mid-sized office.  Operational responsibilities include, but are not limited to, cash vault and ATM management, managing negotiable instruments, adhering to compliance and security requirements, routine cash drawer audits, executing on quality control processes around new account opening, and other such branch activities.  Fully skilled in both sales and transactional capacities, incumbents also directly service retail branch customers as needed.

Responsibilities:

Maintains primary responsibility for all operational elements of a small to mid-sized banking office by:

  • Managing the branch cash vault to within prescribed limits and serving as the vault custodian.  Must master the use of the bank's cash forecasting system. 
  • Serving as the branch's ATM custodian; ensures it remains stocked, functional, and is balanced daily.
  • Auditing all negotiable instruments, cash drawers, foreign currency (if applicable) and related logs to ensure adherence to defined policies and procedures.
  • Responsible for all operational components in the branch such as balancing and researching cash errors, filing necessary BSA forms, compliance and security elements
  • Stays abreast of all compliance and security requirements and implements processes within the branch to ensure regular adherence.
  • Routinely reviews new account opening documentation, to include some that is more complex (i.e. corporate resolutions, business customer profiles, businesses designated as high-risk, etc.) to ensure adherence to bank policies and procedures

Incumbents in this position are skilled in both sales and transactional capacities and personally service all customers by:

  • Opening deposit accounts and taking loan applications for various lending units 
  • Closing consumer loans 
  • Making referrals to other bank business lines and third-party partners
  • Handling routine account maintenance and other servicing issues
  • Processing monetary transactions such as cashing checks, making deposits, selling monetary instruments, buying/selling foreign currency, processing credit card cash advances

Maintaining safe deposit records properly to include contracts, access slips and assisting customers with access to safe deposit boxes (if applicable).

Problem Solving and Decision Making:

Balancing policy and procedure with appropriate judgement, makes decisions that are mutually beneficial to the bank and the customer.  If written policy is unclear or there is any uncertainty, the Operations Associate should seek guidance from his/her Assistant Branch Manager, Branch Manager, Regional Manager, or if necessary, Retail Administration

Qualifications:

  • Incumbent must have the ability to work independently, multi-tasking in a fast-paced environment.  Individual should be an outgoing self-starter and be technically literate.
  • Enthusiastic individuals with strong interpersonal skills and a desire to be in the 'customer service' business are ideal candidates for this role.  Basic business acumen and professionalism are also required. Strong written and verbal communication skills are critical, as are the ability to build relationships and strong alliances across the organization and to quickly learn all there is to know about the products and services offered by the bank. 

Working Conditions:

  • Ability to stand and remain standing for up to five hours at a time without a break. 
  • May be required to lift and/or move coin/currency bags weighing 25-30 pounds.
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

Eastern Bank is an equal opportunity employer.  All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.

At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you're excited about this role but your experience doesn't fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.

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