Asset Based Lending Relationship Manager - SVP

Associated Bank - Corp; Chicago (IL); On-site; USD 122,000 - 210,000; Full time

Benefits offered by this job

401(k) + Pension

Volunteer time off

Diversity ERGs

Career progression

Well-being programs

Employee stock purchase plan

Personal banking benefits

Job summary

Associated Bank seeks an SVP - Relationship Manager to lead a portfolio of asset-based lending clients in Chicago. You will drive growth, close complex loan opportunities, and coordinate with internal teams to deliver tailored banking solutions.

In this high-visibility role you will manage credit discussions, monitor covenants, and deepen client relationships while ensuring compliance with bank policies. Strong deal execution and communication skills are essential.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or equivalent.
• 8+ years of experience in commercial banking or B2B sales.
• Proven success in business development, sales, and client relationship management.
• Strong written and verbal communication skills.
• Must have access to reliable transportation and the ability to lawfully drive.

Responsibilities

• Manage a portfolio of complex asset-based lending relationships while ensuring strong client retention and relationship growth.
• Lead the closing of approved lending opportunities, including negotiating loan documentation and coordinating with internal and external stakeholders.
• Monitor portfolio performance by analyzing financial statements, evaluating covenant compliance, and calculating key financial metrics.
• Recommend account strategies and risk mitigation solutions based on changes in client performance, industry conditions, and credit quality.
• Ensure portfolio administration and risk management activities align with established credit policies, business objectives, and regulatory requirements.
• Partner with colleagues across the organization to identify opportunities and connect clients with appropriate banking, treasury, wealth management, and capital markets solutions.
• Support the lending approval process through participation in credit and lender discussions and meetings.
• Build and maintain professional networks through industry events, community involvement, and relationship-building activities.

Skills

Business development

Sales

Client relationship management

Financial analysis

Communication

Education

Bachelor's degree in Business, Finance, Accounting

Job description

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. Associated Bank conducts a thorough background check on all new hires.

Join our Asset Based Lending team as an SVP -Relationship Manager responsible for managing a complex portfolio of commercial lending relationships while leading the documentation and closing of asset-based loan transactions. In this highly visible client-facing role, you will drive portfolio growth, deepen client relationships, support risk management objectives, and collaborate with partners across the bank to deliver comprehensive financial solutions.

Key Accountabilities

• Manage a portfolio of complex asset-based lending relationships while ensuring strong client retention and relationship growth.
• Lead the closing of approved lending opportunities, including negotiating loan documentation and coordinating with internal and external stakeholders.
• Monitor portfolio performance by analyzing financial statements, evaluating covenant compliance, and calculating key financial metrics.
• Recommend account strategies and risk mitigation solutions based on changes in client performance, industry conditions, and credit quality.
• Ensure portfolio administration and risk management activities align with established credit policies, business objectives, and regulatory requirements.
• Partner with colleagues across the organization to identify opportunities and connect clients with appropriate banking, treasury, wealth management, and capital markets solutions.
• Support the lending approval process through participation in credit and lender discussions and meetings.
• Build and maintain professional networks through industry events, community involvement, and relationship-building activities.

Education & Experience

Required

• Bachelor's degree in Business, Finance, Accounting, or an equivalent combination of education and experience.
• 8+ years of experience in commercial banking or business-to-business sales.
• Demonstrated knowledge of commercial banking products and services, including non-borrowing solutions.
• Proven success in business development, sales, and client relationship management.
• Strong written and verbal communication skills.
• Must have access to reliable transportation and the ability to lawfully drive, if applicable.

Preferred

• Experience negotiating lending documentation and managing loan closings.
• Experience with underwriting, credit analysis, and asset-based lending relationship management.
• Experience building and managing complex commercial client relationships.

Why You'll Love Working Here

This role offers the opportunity to work with sophisticated commercial clients while helping grow a high-performing Asset Based Lending business. You'll collaborate with experienced banking professionals across multiple specialty areas, gain exposure to complex transactions, and play a meaningful role in expanding client relationships and delivering impactful financial solutions.

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-focusedColleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.
• Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri 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 [e-mail] if you need an accommodation at any time during the process.

Associated Banc-Crop participates in the E-Verify Program. E-Verify Notice English or Spanish Know Your Right to Work English or Spanish.

Associated Bank isPay Transparencycompliant.

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.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$122,290.00 - $209,640.00 per year