Portfolio Manager - AVP - CRE

Associated Bank • Minneapolis, MN

22h • $63,000 - $108,000 • Onsite

About The Position

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. As a Portfolio Manager focused on Commercial Real Estate, you will support the underwriting, credit monitoring, and ongoing management of commercial real estate lending relationships. This role plays a key part in evaluating credit opportunities, managing portfolio risk, and helping deliver high-quality financial solutions to clients while ensuring adherence to lending policies and regulatory requirements.

Requirements

• Bachelor’s degree in Finance, Accounting, or an equivalent combination of education and experience.
• 3+ years of Commercial Real Estate lending, underwriting, portfolio management, or credit approval experience.

Nice To Haves

• 3+ years of experience working with complex credit relationships.
• Sales experience.
• Formal credit training.
• Chartered Financial Analyst (CFA) designation or progress toward obtaining the designation by start date.
• Access to reliable transportation and the ability to lawfully drive, if applicable.

Responsibilities

• Analyze borrower, guarantor, property, and market financial information to evaluate new loan requests, renewals, modifications, and annual reviews.
• Monitor portfolio performance and maintain timely and accurate risk ratings for commercial real estate relationships.
• Review loan repayment activity, property performance, and the financial condition of borrowers to identify and manage risk.
• Ensure portfolio administration and client relationship management activities comply with lending policies, operating procedures, and regulatory requirements.
• Minimize portfolio exceptions by proactively managing reporting requirements, covenant compliance, relationship reviews, and past due items.
• Partner with Relationship Managers to support client relationships and coordinate with Credit, operations, and other internal business partners.
• Assist with due diligence and analysis for prospective client opportunities and relationship expansion efforts.
• Participate in loan approval processes, present credit recommendations as appropriate, and contribute to special projects that support team objectives.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level