Corporate & Commercial Banking Portfolio Manager Lead

Associated Bank•Omaha, NE

3d•$96,880 - $166,080

About The Position

The Corporate & Commercial Banking Portfolio Manager Lead leads underwriting, structuring, and credit approval for Associated Bank’s Corporate & Commercial Banking portfolio. The role manages and develops a team of entry-level portfolio managers and credit analysts while ensuring consistent, policy-aligned credit decisions that support the Bank’s middle-market and commercial growth strategy. As a first-level people leader, this position partners with Business Development Officers, Relationship Managers, Portfolio Managers, Credit Administration, and Credit Committee to balance prudent risk management with responsive deal execution. It provides tactical leadership and operational discipline, with limited but meaningful input into strategy, policy interpretation, and process improvements. The role leads underwriting for new credit facilities and renewals, reviews and presents credit packages, reinforces underwriting standards, supports deal execution and portfolio monitoring, and provides management and credit committee with periodic reporting on risk trends and portfolio performance. The position also coordinates with internal partners and external service providers to support diligence and credit decisions.

Requirements

Bachelor’s degree in Business, Finance, Accounting, or a related field, or an equivalent combination of education and experience.
5+ years of commercial banking or credit underwriting experience.
At least 3 years of asset-based lending experience, or demonstrated experience with transactions, collateral structures, and borrowing base mechanics.
5+ years of experience preparing and presenting credit recommendations to approval authorities or credit committees.
5+ years of experience with credit structures, documentation, and collateral monitoring practices.
Strong analytical and credit risk assessment skills, including the ability to interpret financial statements, collateral trends, and borrower risk.

Nice To Haves

2+ years of experience leading or mentoring junior credit professionals.
Demonstrated people leadership capability.

Responsibilities

Lead underwriting for new credit facilities and renewals, including financial statement analysis, cash flow modeling, borrowing base analysis, collateral evaluation, and risk assessment.
Structure and present credit facilities in alignment with Associated Bank’s credit policy, risk appetite, and strategic objectives.
Review, approve, and/or escalate underwriting packages and credit write-ups to appropriate approval authorities or Credit Committee.
Ensure underwriting complies with internal credit policy, regulatory expectations, and approved underwriting standards.
Maintain working knowledge of security agreements, borrowing base certificates, collateral monitoring, and field audit requirements.
Manage, coach, and develop a team of entry-level portfolio managers/underwriters and credit analysts.
Provide day-to-day direction, guidance, and quality review to support consistent and timely credit decisions.
Establish and reinforce underwriting standards, checklists, workflows, and best practices.
Support team performance through training, feedback, and development planning.
Partner with Business Development Officers, Relationship Managers, and Portfolio Managers on deal execution from origination through approval, closing, and ongoing monitoring.
Participate in borrower or sponsor meetings as needed to present underwriting conclusions and discuss structure.
Coordinate with Credit Administration, Legal, Documentation, and Operations.
Engage external service providers, including appraisers, auditors, legal counsel, and collateral specialists, to support diligence and credit decisioning.
Apply and interpret credit policy consistently across transactions and escalate exceptions as appropriate.
Support continuous improvement of underwriting workflows, documentation standards, and portfolio monitoring practices.
Provide periodic reporting and insight to management and Credit Committee regarding credit risk trends, portfolio performance, and industry and collateral exposure.
Comply with applicable enterprise policies, laws, regulations, and training requirements, including the Bank Secrecy Act.
Report suspicious activity, customer complaints, procedure violations, and ethical concerns as required.