Private Bank Portfolio Manager II: Complex Credit & Growth

Associated Bank; Chicago (IL); On-site; USD 67,000 - 115,000; Full time

Job summary

Associated Bank is seeking a Private Bank Portfolio Manager II in Chicago to manage and underwrite a portfolio of complex private banking, commercial, and commercial real estate relationships. You will help ensure strong credit quality, support client retention and growth, and deliver comprehensive financial solutions that meet client needs.

The role emphasizes credit analysis, collaboration with relationship managers and credit teams, and ongoing portfolio oversight to maintain regulatory

Qualifications

• Bachelor’s degree in Business, Finance, Accounting, or an equivalent combination of education and experience.
• 2+ years of private banking or commercial banking experience with credit knowledge.
• Access to reliable transportation and the ability to lawfully drive, if applicable.
• Preferred: 4+ years of private banking or commercial banking experience with credit knowledge.

Responsibilities

• Manage and monitor a portfolio of private banking, commercial, and commercial real estate relationships to ensure sound credit quality and compliance with lending policies and regulatory requirements.
• Analyze financial statements, cash flow, collateral, and repayment sources to evaluate loan requests and recommend appropriate credit structures.
• Prepare credit presentations and underwriting recommendations for new and existing borrowing relationships, identifying risks and mitigating factors.
• Support prospective and current client opportunities by developing financial analyses, profitability assessments, and lending recommendations.
• Oversee ongoing portfolio monitoring, including annual reviews, risk rating assessments, loan renewals, and covenant compliance.
• Partner with relationship managers, credit teams, and business partners to address portfolio needs, resolve credit issues, and support client retention efforts.
• Track and report key portfolio metrics, including loan maturities, documentation exceptions, financial reporting requirements, and past due accounts.
• Identify opportunities to deepen client relationships through additional banking and financial services while maintaining a strong presence within the community and marketplace.

Skills

Credit knowledge

Private banking

Client relationship

Analytical skills

Education

Bachelor’s degree in Business, Finance, Accounting, or equivalent

Job description

Associated Bank is seeking a Private Bank Portfolio Manager II in Chicago to manage and underwrite a portfolio of complex private banking, commercial, and commercial real estate relationships. You will help ensure strong credit quality, support client retention and growth, and deliver comprehensive financial solutions that meet client needs.

The role emphasizes credit analysis, collaboration with relationship managers and credit teams, and ongoing portfolio oversight to maintain regulatory