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Securities Associate Jobs in Chicago, IL (NOW HIRING)

Industry/Sector Not Applicable Specialism Managed Services Management Level Senior Associate & Summary The Opportunity As an AWS Security Engineer - Senior Associate, you will play a crucial role in ...

Your role and responsibilities As an Associate Security Consultant, you will help clients design, implement, and strengthen security solutions that protect applications, users, systems, and data ...

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Your role and responsibilities As an Associate Security Consultant, you will help clients design, implement, and strengthen security solutions that protect applications, users, systems, and data ...

New

Am Law top 10 and one of the world's most elite law firms seeks a highly qualified associate to ... The ideal candidate will have 3-4 years of securities-related and/or capital markets transactional ...

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Securities Associate information

See Chicago, IL salary details

$9

$19

$32

How much do securities associate jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for securities associate in Chicago, IL is $19.59, according to ZipRecruiter salary data. Most workers in this role earn between $15.58 and $20.82 per hour, depending on experience, location, and employer.

What is a securities associate?

Securities Associates are financial professionals who assist with the buying, selling, and management of securities such as stocks, bonds, and other investment products. They typically work for investment banks, brokerage firms, or asset management companies, supporting senior staff with research, client communications, and transaction processing. Their role often involves analyzing market trends, preparing reports, and ensuring compliance with industry regulations. Securities Associates serve as a key link between clients, traders, and other financial professionals in the investment process.

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

To thrive as a Securities Associate, you need strong analytical skills, attention to detail, and a solid understanding of financial markets, typically supported by a degree in finance, economics, or a related field. Familiarity with trading platforms, Bloomberg Terminal, and relevant regulatory certifications such as the FINRA Series 7 license are commonly required. Exceptional communication, problem-solving abilities, and the capacity to work well under pressure are key soft skills for this role. These competencies are crucial for ensuring accurate transaction execution, compliance, and effective client service in a fast-paced financial environment.

What are some common challenges faced by securities associates when managing multiple client accounts?

Securities Associates often handle several client portfolios simultaneously, which can present challenges in balancing competing priorities and ensuring timely execution of trades. Staying organized and maintaining up-to-date knowledge of market trends are crucial, as is communicating effectively with both clients and senior team members. It’s important to develop strong time-management skills and leverage technology tools to monitor accounts, generate reports, and respond quickly to client inquiries. Collaborating closely with analysts and compliance teams can also help mitigate risks and maintain high service standards.

What is the difference between Securities Associate vs Investment Banking Analyst?

AspectSecurities AssociateInvestment Banking Analyst
Required CredentialsJuris Doctor (JD) or relevant securities licensesBachelor's degree, often in finance or economics; some roles require licenses
Work EnvironmentLaw firms, financial institutions, or corporate legal departmentsInvestment banks, financial advisory firms
Employer & Industry UsageLegal and financial sectors focusing on securities law and complianceFinancial services, mergers & acquisitions, capital markets
Common Search & Comparison IntentUnderstanding legal and compliance roles in securitiesFinancial analysis and deal-making roles

The Securities Associate primarily focuses on legal and compliance aspects related to securities, often requiring legal credentials like a JD. In contrast, Investment Banking Analysts concentrate on financial analysis, deal execution, and client advisory within investment banks. While both roles operate within the financial industry, their responsibilities, credentials, and work environments differ significantly.

What are the most commonly searched types of Securities jobs in Chicago, IL?

The most popular types of Securities jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Securities Associate jobs?

Cities near Chicago, IL with the most Securities Associate job openings:

Vice President - Investment Banking, Commercial Services

Guggenheim Securities

Chicago, IL • Hybrid

$142K - $182K/yr

Full-time

Re-posted 3 days ago


Job description

Job Description:

Position Summary

Guggenheim Securities ("GS") is seeking an experienced Vice President to join its Commercial Services investment banking team in Chicago. Commercial Services is part of our Global Services coverage team and provides M&A and capital markets advisory to companies that deliver mission-critical services spanning facility, utility and infrastructure, architecture, engineering & consulting, and environmental services. Our Vice Presidents play an integral role in evolving and enhancing our client relationships and are active participants throughout the life of a transaction and beyond. Our Vice Presidents benefit tremendously from the experience and partnership they have with our Senior Managing Directors, Managing Directors, Associates and Analysts.

We will provide best-in-class Investment Banking training-formal and hands-on-as you continue to develop your professional toolkit: M&A process management, business acumen, financial analysis, data analysis, soft-selling and presentation skills, professional communication (verbal, written and virtual), negotiations, and more. We believe Associate development is critical to our strategy, and this role is seen as a career-track position.

Essential Job Functions

  • Lead day-to-day project management and oversee execution on a range of advisory transactions

  • Work with senior professionals to support financial analyses, advisory transactions and highlight key takeaways

  • Oversee working knowledge of multiple client sectors, monitor key industry drivers and assemble insights to support and enhance advisory services and new business development initiatives

  • Review diligence, research, analysis and documentation of potential and live transactions

  • Lead development of relevant marketing memoranda, diligence exhibits and transaction artifacts

  • Anticipate potential deal challenges and elevate concerns through to team members in real time

  • Drive creation of strategic frameworks, tools and intellectual property to aid business development activities of the firm

  • Actively participate in client meetings and drafting sessions

  • Identify improvements to processes and propose solutions to complete group tasks more efficiently

  • Build client relationships through effective dialogue with client finance and accounting teams

  • Apply understanding of macro factors related to client sectors and investment banking

  • Oversee "on the job" training, providing continuous, constructive feedback with goal of improving quality of analyst and intern work product

  • Ensure all activity is compliant with Guggenheim Securities' applicable rules, regulations, policies and procedures

Preferred Qualifications

  • Commitment to meet the demands of high volume and high-end client services

  • Capable of balancing and managing multiple priorities simultaneously

  • Effective communicator - verbal, written and virtual

  • Highly organized project manager capable of thriving in high velocity environments

  • Agile leader that can exercise sound judgement under pressure

  • Curious and resourceful businessperson with strong understanding of accounting and finance

  • Player-Coach mentality with strong desire to mentor and train junior teammates

  • Desire to join a rapidly growing, entrepreneurial platform

  • Detail-oriented, organized, with initiative and ability to multitask and work as part of a team

  • Excellent written and verbal communication skills

  • Resourcefulness, intellectual curiosity and enthusiasm

  • Demonstrable proficiency with Microsoft Excel, PowerPoint and Outlook

Basic Qualifications

  • Requires a minimum of a Bachelor's degree

  • 7 years of experience or an MBA with a minimum of 4+ years of experience in IB

  • Sell-side advisory experience, including successful track record of closed M&A transactions

  • SIE Exam, Series 79 and Series 63 must be acquired within 150 days of employment

Work Location

  • Currently, this role is expected to be in the Chicago office at least 4 days per week.

About Us:

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.

For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.

Guggenheim Securities, LLC ("GS") does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.