CRE Portfolio Manager: Risk, Underwriting & Growth

Associated Bank; Minneapolis (MN); On-site; USD 63,000 - 108,000; Full time

Benefits offered by this job

401(k) and Pension plans

Paid time off to volunteer

Employee stock purchase plan

Well-being programs

Parental leave

Diversity-focused Colleague Resource &

Job summary

Associated Bank is seeking a Portfolio Manager focused on Commercial Real Estate to support underwriting, credit monitoring, and ongoing management of CRE lending relationships. You will evaluate credit opportunities, manage portfolio risk, and deliver high-quality financial solutions while adhering to lending policies and regulatory requirements.

The role involves analyzing borrower and market data, monitoring risk ratings, and collaborating with Relationship Managers, Credit, and Operations to

Qualifications

• Bachelor’s degree in Finance, Accounting, or an equivalent combination of education and experience.
• 3+ years of Commercial Real Estate lending, underwriting, portfolio management, or credit approval experience.
• 3+ years of experience working with complex credit relationships.
• CFA designation or progress toward obtaining the designation by start date.

Responsibilities

• Analyze borrower, guarantor, property, and market financial information to evaluate loan requests, renewals, modifications, and annual reviews.
• Monitor portfolio performance and maintain timely and accurate risk ratings for commercial real estate relationships.
• Review loan repayment activity, property performance, and the financial condition of borrowers to identify and manage risk.
• Ensure portfolio administration and client relationship management activities comply with lending policies, operating procedures, and regulatory requirements.
• Minimize portfolio exceptions by proactively managing reporting requirements, covenant compliance, relationship reviews, and past due items.
• Partner with Relationship Managers to support client relationships and coordinate with Credit, operations, and other internal business partners.
• Assist with due diligence and analysis for prospective client opportunities and relationship expansion efforts.
• Participate in loan approval processes, present credit recommendations as appropriate, and contribute to special projects that support team objectives.

Skills

Commercial Real Estate lending

Underwriting

Portfolio management

Credit approval

Education

Bachelor’s degree in Finance, Accounting, or equivalent

Job description

Associated Bank is seeking a Portfolio Manager focused on Commercial Real Estate to support underwriting, credit monitoring, and ongoing management of CRE lending relationships. You will evaluate credit opportunities, manage portfolio risk, and deliver high-quality financial solutions while adhering to lending policies and regulatory requirements.

The role involves analyzing borrower and market data, monitoring risk ratings, and collaborating with Relationship Managers, Credit, and Operations to