AVP Portfolio Manager – Power & Utilities Finance

Associated Banc‑Corp; Chicago (IL); On-site; USD 95,000 - 163,000; Full time

Benefits offered by this job

401(k) plan and pension

Paid time off to volunteer

Diversity-focused Colleague Resource-G

Employee stock purchase plan

Parental leave

Military benefits

Job summary

Associated Banc-Corp in Chicago is seeking a Portfolio Manager, AVP - Power & Utilities to oversee underwriting, credit monitoring and portfolio management across power project finance and utility relationships. This role covers the full transaction lifecycle, from due diligence through closing, while partnering with clients and internal stakeholders.

You will support credit quality and regulatory compliance, work with relationship managers and legal teams, and contribute to sound risk

Qualifications

• Bachelor's degree in Business, Finance, Accounting, Economics, or a related discipline, or an equivalent combination of education and experience.
• 3+ years of commercial banking, corporate banking, commercial real estate banking, specialized banking, or credit approval experience.
• 3+ years of experience using Microsoft Office applications, including Outlook, Excel, Word, Access, and PowerPoint.
• Preferred Power project finance and utility industry experience.
• 2+ years of experience handling complex credits and performing financial analysis.
• 2+ years of sales experience and/or experience interacting directly with clients and business partners.
• 2+ years of formal credit training.
• CFA designation or progress toward obtaining the designation within 3-5 years.

Responsibilities

• Analyze and underwrite new financing opportunities within the power, utilities, and project finance sectors.
• Prepare credit applications, opportunity memos, annual reviews, and loan amendment or modification requests.
• Conduct due diligence by reviewing financial statements, financial models, market studies, engineering reports, project contracts, and legal analyses.
• Monitor portfolio performance, including financial and operating metrics, covenant compliance, risk ratings, and reporting requirements.
• Develop and maintain financial projections and models, including cash flow, debt financing, and tax structure analyses.
• Support transactions from origination through closing, including client onboarding, KYC requirements, documentation review, funding, and closing activities.
• Partner with relationship managers, credit teams, legal partners, and operations teams to support client needs and deliver effective portfolio management.
• Maintain credit files, loan documentation, portfolio tracking metrics, and other records to support sound risk management practices.

Skills

Underwriting

Credit monitoring

Portfolio management

Financial modeling

Client relationships

MS Office

Education

Bachelor's degree in Business/Finance/Accounting/Economics

CFA designation progress

Tools

MS Office

Job description

Associated Banc-Corp in Chicago is seeking a Portfolio Manager, AVP - Power & Utilities to oversee underwriting, credit monitoring and portfolio management across power project finance and utility relationships. This role covers the full transaction lifecycle, from due diligence through closing, while partnering with clients and internal stakeholders.

You will support credit quality and regulatory compliance, work with relationship managers and legal teams, and contribute to sound risk