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Financial Associate Jobs in Alsip, IL (NOW HIRING)

5 Legal

Finance Associate

Chicago, IL

Top 100 AmLaw firm seeks an associate to join its Finance Practice Group in their Chicago office. Qualified candidates must have 3-5 years of solid and meaningful experience in the areas of ...

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Financial Associate information

See Alsip, IL salary details

$31K

$71.6K

$140.5K

How much do financial associate jobs pay per year?

As of Jul 26, 2026, the average yearly pay for financial associate in Alsip, IL is $71,636.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,900.00 and $78,400.00 per year, depending on experience, location, and employer.

What can you do with associates in finance?

A financial associate typically performs tasks such as analyzing financial data, preparing reports, assisting with budgeting, and supporting investment or banking activities. They often use tools like Excel and financial software, and may pursue certifications like the CFA or CPA to advance their careers.

How much does a finance associate earn?

The average salary for a financial associate typically ranges from $50,000 to $70,000 per year, depending on experience, location, and industry. Entry-level positions may start lower, while experienced professionals or those with specialized skills can earn higher salaries. Certifications like CFA or CPA can also influence earning potential.

What does a financial associate do?

A financial associate supports financial operations by analyzing data, preparing reports, and assisting with budgeting and investment activities. They often use financial software and require strong analytical skills to help clients or organizations meet their financial goals.

What are the key skills and qualifications needed to thrive as a Financial Associate, and why are they important?

To thrive as a Financial Associate, you need strong analytical skills, attention to detail, and a foundational understanding of finance or accounting, often backed by a relevant degree. Familiarity with financial modeling tools, spreadsheets, and enterprise resource planning (ERP) systems such as SAP or Oracle is typically required, and certifications like CFA or CPA are advantageous. Excellent communication, problem-solving abilities, and teamwork are soft skills that help you excel in this role. These skills are crucial for ensuring accurate financial analysis, effective reporting, and successful collaboration within financial teams and with clients.

What is the difference between Financial Associate vs Financial Analyst?

AspectFinancial AssociateFinancial Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; certifications like CFA or CPA are a plusBachelor's degree in finance, economics, or related; often requires CFA or similar certifications
Work EnvironmentBanking, investment firms, corporate finance departmentsInvestment firms, banks, corporate finance, consulting
Employer & Industry UsageCommonly employed in financial services, banking, and corporate financeUsed in investment analysis, asset management, and corporate strategy

Financial Associates typically handle client accounts, support financial transactions, and assist with reporting. Financial Analysts focus on analyzing financial data, preparing reports, and providing investment recommendations. While both roles require similar credentials and work in related environments, Financial Analysts tend to have a stronger emphasis on data analysis and strategic insights.

What are some common challenges Financial Associates face when managing multiple client portfolios?

Financial Associates often juggle multiple client accounts, each with unique goals and risk profiles. A common challenge is staying organized and ensuring timely communication, especially during periods of market volatility. Prioritizing tasks, leveraging financial management software, and maintaining strong attention to detail are essential for meeting client expectations and regulatory requirements. Collaborating closely with senior advisors and support teams can also help manage workload and deliver high-quality service.

What is the work of a finance associate?

A finance associate supports financial operations by preparing reports, analyzing data, and assisting with budgeting and forecasting. They often use financial software and require strong analytical skills to help organizations manage their financial health effectively.
What job categories do people searching Financial Associate jobs in Alsip, IL look for? The top searched job categories for Financial Associate jobs in Alsip, IL are:
What cities near Alsip, IL are hiring for Financial Associate jobs? Cities near Alsip, IL with the most Financial Associate job openings:
Financial Associate jobs near you

Associate Finance (Structured Finance) - Chicago

Direct Counsel

Chicago, IL

$235K - $435K/yr

Full-time

Posted 25 days ago

Job description

Structured Finance Associate (2+ Years) – Securitization

Direct Counsel represents a well-regarded Am Law firm seeking a Finance Associate to join its premier Structured Finance practice. This is an exciting opportunity to work on cutting-edge securitizations and bespoke financing solutions across a wide range of asset classes.

The team advises leading issuers, sponsors, banks, and investors on some of the most innovative and complex structured finance transactions in the market, including both traditional and esoteric asset-backed deals.

What You’ll Do:

  • Advise clients on structured finance and securitization transactions
  • Draft and negotiate transaction documents across a variety of asset classes
  • Work on traditional ABS and CLO transactions, as well as esoteric assets (e.g., aircraft, infrastructure, and whole business securitizations)
  • Collaborate with cross-border teams on complex, multi-jurisdictional deals
  • Support the development of innovative financing structures and first-time securitizations

What We’re Looking For:

  • 2+ years of experience in structured finance and/or securitization transactions
  • Strong drafting and analytical skills
  • Experience with ABS, CLOs, or other asset-backed transactions preferred
  • Interest in complex, innovative financing structures
  • J.D. with strong academic credentials and admission to a U.S. Bar (or eligibility)

Why This Role:

  • Work on market-leading, cutting-edge securitizations
  • Gain exposure to a wide range of asset classes—from traditional to highly specialized
  • Join a globally recognized, top-tier structured finance practice
  • Cravath-scale compensation + bonus
  • Comprehensive benefits and strong career development platform