Strategic Private Banking Portfolio Manager II

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

Benefits offered by this job

Retirement savings including 401(k)

Pension plans

Volunteer time off

Diversity-focused Colleague Resource G

Employee stock purchase plan

Military benefits

Well-being programs

Job summary

Associated Bank in Chicago seeks a Private Bank Portfolio Manager II to manage a diverse portfolio of private banking, commercial, and CRE relationships, ensuring sound credit quality and policy compliance. The role requires analyzing financials and preparing underwriting recommendations for new and existing borrowing relationships.

You will collaborate with relationship managers and credit teams to expand client opportunities while maintaining regulatory compliance and delivering tailored

Qualifications

• Bachelor's degree required (Business, Finance or Accounting).
• 2+ years in private banking or commercial banking with credit knowledge.
• Access to reliable transportation and legal ability to drive, if applicable.
• Preferred 4+ years of private/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 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 and support client retention.

Skills

Credit knowledge

Private banking experience

Financial analysis

Portfolio management

Education

Bachelor's degree in Business/Finance/Accounting

Job description

Associated Bank in Chicago seeks a Private Bank Portfolio Manager II to manage a diverse portfolio of private banking, commercial, and CRE relationships, ensuring sound credit quality and policy compliance. The role requires analyzing financials and preparing underwriting recommendations for new and existing borrowing relationships.

You will collaborate with relationship managers and credit teams to expand client opportunities while maintaining regulatory compliance and delivering tailored