How Much Does a Banking Associate Make in New Jersey?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Banking Associate in New Jersey is $60,957. While Salary.com is seeing that Banking Associate salary in NJ can go up to $79,041 or down to $39,839, but most earn between $49,903 and $70,423. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Banking Associate
Investment Banking Associate
$41,372
New Jersey
Per Year
Business Banking Associate
$41,372
New Jersey
Per Year
Private Banking Associate
$88,511
New Jersey
Per Year
Commercial Banking Associate
$48,684
New Jersey
Per Year
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Similar Job Salaries to Banking Associate by Company

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Company average base salary in (usd) range
Bank of America
Senior Investment Banking Associate
$100,107/yr
$88,914
$111,300
RANGE: $88,914 - $111,300
$46,260/yr
$42,119
$50,400
RANGE: $42,119 - $50,400
TD
Banking Associate - Woodbridge (30hr)
$63,801/yr
$57,778
$69,823
RANGE: $57,778 - $69,823
myGwork - LGBTQ+ Business Community
Banking Associate/Moorestown
$43,925/yr
$40,477
$47,373
RANGE: $40,477 - $47,373
TD
Banking Associate - Chatham (20 hrs)
$47,437/yr
$43,713
$51,161
RANGE: $43,713 - $51,161
TD Bank
Banking Associate - Bernardsville (20 Hour)
$47,210/yr
$43,503
$50,916
RANGE: $43,503 - $50,916
TD Bank
Banking Associate - Roxbury (30 hr)
$47,353/yr
$43,635
$51,070
RANGE: $43,635 - $51,070
JPMorganChase
Investment Banking Recruiter, Senior Associate
$105,849/yr
$93,436
$118,262
RANGE: $93,436 - $118,262
KPMG US
Senior Associate, Internal Audit Banking
$121,205/yr
$110,173
$132,238
RANGE: $110,173 - $132,238
myGwork - LGBTQ+ Business Community
Banking Associate - Bernardsville (20 Hour)
$47,210/yr
$43,503
$50,916
RANGE: $43,503 - $50,916

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Top 10 Highest Paying Cities For Banking Associate Jobs in New Jersey

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Banking Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Banking Associate job salaries in New Jersey. Some cities can pay higher salaries for Banking Associate jobs, which can indicate that there is a large demand for Banking Associate positions in this city.
The following table shows top 10 cities where the Banking Associate salary is higher than other cities in New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Banking Associate salary is $65,175 in Jersey City, which is higher than the national average. There are 33 cities' Banking Associate salary higher than national average in New Jersey.
The average salary for a Banking Associate in New Jersey is $60,957, but we found that the city with the highest salary for Banking Associate jobs is Jersey City, NJ, and it is higher than Union City. Banking Associate jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $65,175 $5,431 $1,253 $31
Union City $65,175 $5,431 $1,253 $31
Hoboken $65,175 $5,431 $1,253 $31
West New York $65,175 $5,431 $1,253 $31
Paramus $64,304 $5,359 $1,237 $31
Paterson $64,247 $5,354 $1,236 $31
Clifton $64,247 $5,354 $1,236 $31
Passaic $64,247 $5,354 $1,236 $31
Bloomfield $64,247 $5,354 $1,236 $31
Wayne $64,247 $5,354 $1,236 $31

What Does a Banking Associate Do?

Plenty of business students can perform the technical functions of an investment banking associate, but few have the stamina and the social graces to deal effectively with clients.
Updated October 22, 2021
Interpersonal skills and written and verbal communication skills are necessary for strong performance as a relationship banking associate.
Updated December 20, 2021
Analysts do much of the market research for clients while banking associates ensure the information is accurate and present it to clients.
Updated December 01, 2021
Banking associates must also deliver presentations and reports that detail their research and analyses.
Updated November 28, 2021
Banking associates must be strong salespeople, able to identify a client's needs and recommend a product or service that addresses that need.
Updated November 28, 2021

Frequently Asked Questions About a Banking Associate Salaries

What is the average of a Banking Associate in New Jersey?

The Banking Associate salary range is from $49,903 to $70,423, and the average Banking Associate salary is $60,957/year in New Jersey. The Banking Associate's salary will change in different locations.

Which location pays the highest Banking Associate salary in the United States?

The Banking Associate salary in San Jose, CA is $70,934 which is the highest in the US.

What kinds of reasons will influence the Banking Associate's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Banking Associate.

What is the growth rate of the Banking Associate's salary?

If you are thinking of becoming a Banking Associate or planning the next step in your career, find the detailed salary report of a Banking Associate.