Private Banking Assistant

Associated Bank • Minneapolis, MN

1d • Onsite

About The Position

The Private Banking Associate supports Private Bankers and Specialists in delivering exceptional service to high net worth clients. This role coordinates loan and deposit documentation, manages portfolio maintenance, and ensures compliance with regulatory and internal standards. You will gain hands-on experience with complex financial solutions while building strong partnerships across the bank. Operates in full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to Bank Secrecy Act/Anti-Money Laundering and S.A.F.E. Act requirements. Must submit required information to meet registry requirements, obtain a unique identifier, and maintain the registration requirements as directed by the S.A.F.E Act.

Requirements

• Associate’s degree in Business, Finance, Accounting, or related field (or equivalent experience)
• 2+ years of banking, financial services, or administrative experience

Nice To Haves

• Experience supporting high net worth clients
• Experience with loan and deposit documentation processes

Responsibilities

• Coordinate new loan requests and renewals, including application submission, documentation review, and loan booking to ensure accuracy and timeliness.
• Monitor loan portfolios by tracking renewals, reviewing financial statements, and supporting asset quality management.
• Process deposit and loan transactions, including account openings, wire transfers, stop payments, and other client service requests.
• Partner with internal teams such as credit, legal, and customer care to resolve complex transactions and client issues.
• Support Private Bankers with scheduling, reporting, client outreach, and preparation of presentation materials.
• Ensure all documentation and account activity meet compliance, risk management, and regulatory standards.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree