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An associate is typically a recently graduated MBA or an analyst who gets promoted after three or four years. You will usually stay an associate for three years or so. An associate still has to do a lot of grunt work and may even have an analyst to call on. Your hours will still be miserable and you haven't really become a human being yet. Like a good analyst, your job is to make your boss look good and to understand what's going on. Your boss may abuse you from time to time and you aren't supposed to complain really. http://www.careers-in-finance.com/ibassoc.htm в качестве русского эквивалента, весьма условного, можно предложить "младший партнер", но это больше применимо к юридическим фирмам - смотрите, о какой у Вас идет речь...
http://fin-lawyer.ru/2008/partnerstvo-v-firme/
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