Portfolio Manager - VP

Associated Bank; Chicago (IL); On-site; USD 84,000 - 143,000; Full time

Benefits offered by this job

401(k) & Pension

Paid time off

Colleague Resource Groups

Professional development

Job summary

Associated Bank is seeking a Commercial Real Estate Portfolio Manager in Chicago to evaluate credit opportunities, monitor portfolio performance, and work with Relationship Managers to deliver exceptional client service. You will handle complex lending transactions, build strong client relationships, and advance your commercial banking expertise.

The role requires strong financial analysis, risk assessment, and proven CRE credit management experience, with travel as needed to serve clients

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field, or an equivalent combination of education and experience.
• 4+ years of commercial real estate lending, credit analysis, or credit approval experience.
• 4+ years of experience managing or analyzing complex commercial credit relationships.
• Strong financial analysis, risk assessment, and relationship management skills.
• Access to reliable transportation and the ability to travel as needed.

Responsibilities

• Analyze borrower, guarantor, property, and market data to evaluate new loan requests, renewals, modifications, and annual reviews.
• Prepare comprehensive credit presentations and recommendations that support sound lending decisions.
• Monitor portfolio performance and maintain accurate risk ratings to proactively identify potential concerns.
• Partner with Relationship Managers to support client retention, portfolio growth, and exceptional client experiences.
• Manage portfolio administration activities in compliance with lending policies, procedures, and regulatory requirements.
• Review loan repayment trends, property performance, and borrower financial condition to identify risks and opportunities.
• Support due diligence efforts for new business opportunities and contribute to special projects as needed.
• Present credit recommendations and participate in the loan approval process when appropriate.

Skills

Financial analysis

Credit analysis

Relationship management

Risk assessment

Travel readiness

Education

Bachelor's degree in Finance/Accounting or related field

Equivalent education/experience

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.

As a Commercial Real Estate Portfolio Manager, you will support the growth and management of a commercial real estate lending portfolio by evaluating credit opportunities, monitoring portfolio performance, and partnering with Relationship Managers to deliver exceptional client service. This role offers the opportunity to work on complex lending transactions, build strong client relationships, and advance your commercial banking expertise.

Key Accountabilities

• Analyze borrower, guarantor, property, and market data to evaluate new loan requests, renewals, modifications, and annual reviews.
• Prepare comprehensive credit presentations and recommendations that support sound lending decisions.
• Monitor portfolio performance and maintain accurate risk ratings to proactively identify potential concerns.
• Partner with Relationship Managers to support client retention, portfolio growth, and exceptional client experiences.
• Manage portfolio administration activities in compliance with lending policies, procedures, and regulatory requirements.
• Review loan repayment trends, property performance, and borrower financial condition to identify risks and opportunities.
• Support due diligence efforts for new business opportunities and contribute to special projects as needed.
• Present credit recommendations and participate in the loan approval process when appropriate.

Education & Experience

Required

• Bachelor's degree in Finance, Accounting, or a related field, or an equivalent combination of education and experience.
• 4+ years of commercial real estate lending, credit analysis, or credit approval experience.
• 4+ years of experience managing or analyzing complex commercial credit relationships.
• Strong financial analysis, risk assessment, and relationship management skills.
• Access to reliable transportation and the ability to travel as needed.

Preferred

• 3+ years of sales, business development, or client relationship management experience.
• Formal credit training experience.
• Chartered Financial Analyst (CFA) designation.
• Experience mentoring or supporting the development of junior team members.

Why You'll Love Working Here

At Associated Bank, you'll be part of a collaborative team that values professional growth, client relationships, and community impact. You'll gain exposure to complex commercial real estate transactions while working alongside experienced banking professionals who are invested in your success.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

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.

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-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.

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

$83,580.00 - $143,280.00 per year