How to hire an associate analyst

How to hire an associate analyst, step by step

Here's a step-by-step associate analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write an associate analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new associate analyst
• Step 8: Go through the hiring process checklist

What does an associate analyst do?

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1. Identify your hiring needs

   First, determine the employments status of the associate analyst you need to hire. Certain associate analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them an associate analyst to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an associate analyst that fits the bill.

   The following list breaks down different types of associate analysts and their corresponding salaries.

   Type of Associate Analyst	Description	Hourly rate
   Associate Analyst	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$22-47
   Analyst Internship	An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement... Show more	$13-25
   Revenue Analyst	A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits... Show more	$23-43

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Customer Service
   • PowerPoint
   • Data Analysis
   • Healthcare
   • Portfolio
   • Tableau
   • Strong Analytical
   • Financial Models
   • Securities
   • Due Diligence
   • Digital Marketing
   • Financial Analysis
   • Client Facing
   • Data Entry

   Check all skills

   Responsibilities:

   • Lead negotiations of a new partnership with logistics company to save an estimate $40K per year in freight expense.
   • Manage Salesforce account with customer credentials
   • Manage project team meetings using SharePoint calendars.
   • Log, assign, and tracks' request, files, documents in DHS database.
   • Attend briefings of several different DoD agencies to learn their respective equities.
   • Implement targeted changes to C++ application to execute algorithm experiments from MATLAB.

   More associate analyst duties

3. Make a budget

   Including a salary range in your associate analyst job description helps attract top candidates to the position. An associate analyst salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

   For example, the average salary for an associate analyst in Tennessee may be lower than in New York, and an entry-level associate analyst usually earns less than a senior-level associate analyst. Additionally, an associate analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

   Average associate analyst salary

   $68,161yearly

   $32.77 hourly rate

   ---

   Entry-level associate analyst salary

   $47,000 yearly salary

   Updated December 23, 2025

   Average associate analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$80,382	$39
   2	New York	$79,288	$38
   3	Connecticut	$73,837	$36
   4	Virginia	$72,119	$35
   5	New Jersey	$71,850	$35
   6	Rhode Island	$71,333	$34
   7	District of Columbia	$70,843	$34
   8	North Carolina	$70,510	$34
   9	Pennsylvania	$68,581	$33
   10	Massachusetts	$66,966	$32
   11	Washington	$66,862	$32
   12	New Hampshire	$62,748	$30
   13	Maryland	$62,584	$30
   14	Texas	$61,851	$30
   15	Illinois	$59,655	$29
   16	Ohio	$59,545	$29
   17	Minnesota	$59,537	$29
   18	Missouri	$56,673	$27
   19	Arizona	$54,940	$26
   20	Colorado	$54,919	$26

   Average associate analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Apollo Global Management	$112,974	$54.31	6
   2	Point72	$107,119	$51.50	18
   3	Management Planning	$106,220	$51.07
   4	Marcus & Millichap	$106,110	$51.01	16
   5	Moran & Company P.C. CPA	$102,539	$49.30
   6	Pacific Investment Management Company LLC	$102,365	$49.21	25
   7	Geode Capital Management	$101,660	$48.88
   8	Standard Chartered	$99,780	$47.97	10
   9	MUFG EMEA	$99,697	$47.93
   10	PVH	$99,148	$47.67	2
   11	Natixis North America LLC	$99,008	$47.60
   12	Dimensional Fund Advisors	$98,746	$47.47	3
   13	Moody's	$98,447	$47.33
   14	BNP Paribas	$97,655	$46.95	9
   15	Barclays	$96,820	$46.55	17
   16	York Capital Management	$96,140	$46.22
   17	Deutsche Bank	$96,076	$46.19	28
   18	Cheniere Energy	$95,363	$45.85
   19	Nomura Securities	$94,675	$45.52	25
   20	BlackRock	$94,191	$45.28	41

4. Writing an associate analyst job description

   An associate analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an associate analyst job description:

   Associate analyst job description example

   With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

   Come build your future, while being the reason millions of people find a brighter financial future with Discover.

   Job Description

   At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We’re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

   As a Cybersecurity Analyst, you will optimize cybersecurity program processes and output. Principal Cybersecurity Analysts at Discover contribute to the broader program roadmap. You’ll play a key role in driving reporting accuracy and demand excellence in department deliverables.

   Responsibilities

   • Escalates quality and delivery exceptions to senior peers

   • Assists in coordinating meetings to identify risk, define requirements, or address remediation plans

   • Performs outreach and follow-ups to drive issue resolution

   • Reports on progress of deliverables

   • Assists with the coordination of audit planning and evidence gathering

   • Performs basic project management, reporting, or process analysis duties

   Minimum Qualifications

   At a minimum, here’s what we need from you:

   • High School Diploma or GED

   Preferred Qualifications

   If we had our say, we’d also look for:

   • PMP

   • GIAC

   • CISSP

   External applicants will be required to perform a technical interview.

   What are you waiting for? Apply today!

   And by the way, while you're waiting to hear from us, don't forget to check out the great benefits Discover offers.

   The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristic protected by federal, state, or local law in consideration for a career at Discover.

   What are you waiting for? Apply today!

   All Discover employees place our customers at the very the center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

   The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

   Copy this example

   

5. Post your job

   To find associate analysts for your business, try out a few different recruiting strategies:

   • Consider internal talent. One of the most important talent pools for any company is its current employees.
   • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any associate analysts they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level associate analysts with the right educational background.
   • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.

   Post your job online:

   • Post your associate analyst job on Zippia to find and attract quality associate analyst candidates.
   • Use niche websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   Your first interview with associate analyst candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new associate analyst

   Once you have selected a candidate for the associate analyst position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   After that, you can create an onboarding schedule for a new associate analyst. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire an associate analyst?