Portfolio Manager VP - Power & Utilities at Associated Bank, NA

Portfolio Manager VP - Power & Utilities

Apply remote type Hybrid or On-Site locations Chicago 525 Monroe time type Full time posted on Posted 6 Days Ago job requisition id JR101614

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.

Due to work requirements, candidates must be located within the Greater Chicago Area. This role will be considered a hybrid role with a mix of on-site and remote work.

We invite you to view the opportunity below.

Responsible for underwriting, credit monitoring, and portfolio management of Specialized Banking relationships to achieve efficiencies and quality of the process and product, retention and expansion of existing client relationships, growth of total client assets, and net growth in relationships. Primary performance responsibilities include analyzing financial data to determine the merits of loan requests (including adherence to loan policy), recommending structure, collecting financial statements, as well as identifying cross-selling/referring opportunities of other deposit services.

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 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 managers.

Review the qualifications listed below:

Education

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

Experience

• 4-7 years of Commercial/Corporate/Commercial Real Estate/Specialized Banking and/or Credit Approval Experience. Required
• 4-7 years of extensive experience handling complex credits. Required
• 2-4 years of sales experience. Preferred
• 2-4 years of formal credit training. Preferred

Licenses and Certifications

• CFA-Chartered 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 the 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 leavesandaccommodations@associatedbank.com 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.

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.

$109,200.00 - $187,200.00