Portfolio Manager

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.

The Power and Utilities Portfolio Manager - VP is responsible for the underwriting, credit monitoring and portfolio management of power project finance and utility relationships. The Portfolio Manager - VP takes on independent responsibility for the underwriting and management of new and existing loan transactions, coordinating with the relationship manager(s) and credit approval team. Prepares and processes loan modification / amendment requests, tracks covenant compliance and internal portfolio tracking metrics, reviews legal documentation, maintains credit files and loan documentation, reviews borrowing and disbursement requests, and interfaces with Risk Management, internal and external Legal, Loan Operations, and the Credit Department. The Portfolio Manager - VP also assists with review and quality control of the work of supporting junior staff on transactions and for annual reviews/modifications.

This person will also:

• Maintain and build loans and deposits, fee income and referrals of business.  
• Ensure the portfolio administration and risk management of each client relationship is in compliance with established Associated Banc-Corp credit policy, procedure and business strategy as well as regulatory guidelines.
• As appropriate to experience, co-manage relationships by analyzing financial data to determine the merits of specific loan requests, and recommend structure as well as aggressively managing the client relationship.
• Partner with the Relationship Manager as the point of a contact for the client; acting as a liaison to the Credit Department, the Commercial support staff and other internal business partners.
• Training and development of more junior portfolio manager.

Review the qualifications listed below:

Education

• Bachelor's Degree in Business, Finance or Accounting or other related discipline, or equivalent related experience. Required

Experience

• 4+ years of Commercial/Corporate/Commercial Real Estate/Specialized Banking and/or Credit Approval Experience. Required
• 4+ years of extensive experience handling complex credits. Required
• 3+ years working in Specialized Finance - Energy. Strongly Preferred
• 2+ years of sales experience. Preferred
• 2+ years of formal credit training. Preferred 

Licenses and Certifications

• CFA-Charted Financial Analyst. Preferred

Must have access to reliable transportation and the ability to lawfully drive self, if applicable. Required

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

• 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. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [email protected] if you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$112,770.00 - $193,320.00 per year