Associate Portfolio Manager

CoBank•Greenwood Village, CO

12h•Hybrid

About The Position

At CoBank, the Associate Portfolio Manager provides relationship management and credit support to primary Relationship Managers, including transaction origination, structuring, execution, and ongoing monitoring of transactions and borrowers. The role works with Relationship Managers and Credit Analysts on internal credit, research, and financial modeling, and may mentor and guide junior staff. It supports divisional profitability and credit goals through day-to-day management of account relationships. The position collaborates on a portfolio of complex power, water, energy, and utility transactions involving new and existing accounts, and may communicate directly with customers. It supports refinancing, amendments, consents, waivers, term conversions, and recommendations on credit deviations or concerns. The role also coordinates with internal stakeholders, supports financial analysis and customer due diligence, drafts eligibility opinions and internal risk forms, and contributes to marketing and account servicing. It handles customer inquiries, helps meet portfolio profitability and credit quality targets, services accounts prudently, may monitor compliance matters, and maintains knowledge of customer segments and industry developments. The role requires occasional travel and may require occasional work outside normal business hours. CoBank offers a hybrid work model with flexible arrangements for most positions. The base pay range is $90,900–$111,800, with eligibility for a discretionary annual incentive program.

Requirements

Bachelor's degree required.
At least 3 years of experience in banking and financial services, including experience in power, water, energy, or utilities.
Availability for occasional work outside normal business hours.

Nice To Haves

Prior experience in the power and energy market.
Knowledge of accounting, finance, and corporate valuation concepts.
Knowledge of commercial lending, loan structuring, financing alternatives, bond markets, collateral concepts, and syndicated loan structures.
Knowledge of technical standards, industry trends, technology, and regional or national regulatory requirements.
Knowledge of the competitive environment and practices in the customer's industry.
Ability to analyze credits, contracts, legal documents, technical reports, and various deal structures.
Ability to produce marketing presentations for potential and existing customers.
Ad hoc data analysis and spreadsheet modeling skills.
Excellent verbal and written communication and interpersonal skills.

Responsibilities

Collaborate with Relationship Managers on assigned complex power, water, energy, and utility accounts, including direct customer communication as needed.
Provide oversight on refinancing, amendments, consents, waivers, and term conversions, and advise Relationship Managers about credit deviations or concerns.
Assist Relationship Managers with communication to internal stakeholders, including division leadership, Credit, Capital Markets, Agency, Loan Closing, Operations, Treasury, and Derivative functions.
Work with Credit Analysts to guide development and analysis of financial data for new or renewed financing arrangements.
Draft eligibility opinions and internal risk forms for customer due diligence and the application process.
Assist in developing and implementing marketing and account servicing plans, and support proposals and pitch materials for prospective accounts.
Handle customer questions and concerns regarding billing, documentation, and other inquiries or requests.
Collaborate with the team to meet portfolio profitability and credit quality targets.
Service accounts prudently to protect CoBank and minimize losses.
Conduct compliance monitoring and follow up on covenant violations, reporting exceptions, and collateral or documentation deficiencies, as needed.
Maintain expertise in customer segments and stay current on industry trends, technology, regulatory requirements, and government programs.
Mentor and provide guidance to junior-level staff, as appropriate.

Benefits

15 days of vacation, 10 paid sick days, and 11 paid holidays.
Competitive compensation and incentive.
Hybrid work model with flexible arrangements for most positions.
Medical, dental, and vision coverage.
Disability, AD&D, and life insurance.
Associate training and development through CoBank University.
Tuition reimbursement for higher education.
401(k) matching up to 6%, an additional 3% non-elective contribution, and Student Loan Match.
Community impact opportunities, including United Way Angel Day, Volunteer Day, and Associate Directed Contribution.
Associate Resource Groups.
GEM awards for recognizing fellow associates.
Eligibility for a discretionary annual incentive program driven by organizational and individual performance.