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Financial Associate Jobs in Elgin, IL (NOW HIRING)

CPS

Financial Client Service Associate

Chicago, IL · On-site

$70K - $85K/yr

Financial Client Service Associate Location: Chicago Salary: $70,000 - $85,000 Employment Type: Full-Time Position Overview: The Financial Client Service Associate role involves working closely with ...

5 Legal

Corporate Finance Associate

Chicago, IL

A leading international law firm and top 100 Am Law firm seeks two associates to join their Corporate Finance Practice Area in their Chicago, New York, Atlanta, Miami, or Dallas offices. Qualified ...

ABM Industries, Inc.

Senior Financial Analyst

Chicago, IL · On-site

$85K - $100K/yr

The Senior Finance Associate will provide analytical support to their designated region. This person will be working closely with our Accounting Team in our Enterprise Service Center (ESC) for our ...

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All JobsFinancial Associate JobsFinancial Associate Jobs in Elgin, IL

Financial Associate information

See Elgin, IL salary details

$30.1K

$69.6K

$136.4K

How much do financial associate jobs pay per year?

As of Aug 7, 2026, the average yearly pay for financial associate in Elgin, IL is $69,562.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,400.00 and $76,100.00 per year, depending on experience, location, and employer.

What is a financial associate?

A financial associate is a professional who supports financial planning, analysis, and management within organizations. They often handle tasks such as preparing reports, analyzing financial data, and assisting with budgeting, typically requiring knowledge of financial software and strong analytical skills.

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, with some roles needing relevant certifications or degrees in finance or accounting.

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

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 are the most commonly searched types of Financial jobs in Elgin, IL? The most popular types of Financial jobs in Elgin, IL are:
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What cities near Elgin, IL are hiring for Financial Associate jobs? Cities near Elgin, IL with the most Financial Associate job openings:
Financial Associate jobs near you
Infographic showing various Financial Associate job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $69,562 per year, or $33.4 per hour.

Leveraged Finance/Private Credit Associate Attorney

Direct Counsel

Chicago, IL • On-site

$365K - $420K/yr

Other

Re-posted 12 days ago

Job description

Leveraged Finance/Private Credit Associate Attorney

Direct Counsel is seeking a Leveraged Finance/Private Credit Associate Attorney to join a national firm. Available locations include Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Houston, Miami, and New York.

The firm is seeking an associate attorney with 5–7 years of experience in leveraged finance and private credit to join its Finance & Financial Services practice group. The ideal candidate has substantial experience representing financial institutions, private credit funds, BDCs, and non-bank lenders in sophisticated, sponsor-backed transactions. This role involves significant responsibility, direct client interaction, and ownership of workstreams within a fast-paced, high-performance environment.

Key responsibilities include:

  • Leading and supporting sponsor-backed acquisition financings across various industries, including cross-border and multi-currency transactions.
  • Structuring and negotiating cash-flow and asset-based lending facilities (senior, senior-stretch, superpriority revolvers).
  • Handling multi-lender and syndicated credit facilities, including intercreditor and subordination arrangements.
  • Working on mezzanine and subordinated debt, preferred equity co-investments, and other structured financing solutions.
  • Advising on liability management transactions (LMEs), including uptier exchanges, covenant resets, amendments, waivers, drop-downs, and exchange offers.
  • Managing amend-and-extend transactions, refinancings, and recapitalizations for sponsor portfolio companies.

Requirements include:

  • 5–7 years of leveraged finance/private credit experience at a national, NY-style firm.
  • JD from an ABA-accredited law school.
  • Bar admission in one or more listed jurisdictions (FL, NY, MA, IL, GA, NC, TX) or eligibility to become licensed.
  • Minimum three days per week in-office.
  • Deep familiarity with LMEs, unitranche/FOLO structures, multi-lender syndications, and sponsor finance market terms.
  • Strong drafting skills (credit agreements, security documents, intercreditors, commitment papers).
  • Proven ability to manage complex transactions and client relationships.
  • Big-law training and a track record of handling sophisticated deals.

For the listed locations, the expected compensation range is $365,000 – $420,000, depending on qualifications and experience. Range may vary for other markets.

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