Senior Asset-Based Lending Relationship Lead

Associated Bank; Illinois; On-site; USD 122,000 - 210,000; Full time

Benefits offered by this job

401(k) plan

Pension plan

Paid time off

Diversity-focused Colleague Resource/"

Employee stock purchase plan

Job summary

Associated Bank in Illinois seeks an experienced Asset Based Lending professional to manage a portfolio of complex lending relationships, lead loan closings, and monitor performance against covenants. You will coordinate with internal teams and external partners to deliver tailored financial solutions for sophisticated commercial clients.

The role requires a Bachelor's degree and 8+ years in commercial banking, along with strong communication and proven business development capabilities.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or equivalent combination of education and experience.
• 8+ years of experience in commercial banking or B2B 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.
• Access to reliable transportation and ability to lawfully drive, if applicable.

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.

Education

Bachelor's degree in Business Finance Accounting

Job description

Associated Bank in Illinois seeks an experienced Asset Based Lending professional to manage a portfolio of complex lending relationships, lead loan closings, and monitor performance against covenants. You will coordinate with internal teams and external partners to deliver tailored financial solutions for sophisticated commercial clients.

The role requires a Bachelor's degree and 8+ years in commercial banking, along with strong communication and proven business development capabilities.