Portfolio Manager - AVP - CRE

Associated Bank•Minneapolis, MN

3d•$63,000 - $108,000

About The Position

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. The role evaluates credit opportunities, manages portfolio risk, and helps deliver high-quality financial solutions to clients while ensuring adherence to lending policies and regulatory requirements. The Portfolio Manager partners with Relationship Managers and coordinates with Credit, operations, and other internal business partners. The role also participates in loan approval processes and special projects that support team objectives.

Requirements

Bachelor’s degree in Finance, Accounting, or an equivalent combination of education and experience.
At least 3 years of Commercial Real Estate lending, underwriting, portfolio management, or credit approval experience.
Access to reliable transportation and the ability to lawfully drive, if applicable.

Nice To Haves

At least 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 the start date.

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 borrowers’ financial condition to identify and manage risk.
Ensure portfolio administration and client relationship management activities comply with lending policies, operating procedures, and regulatory requirements.
Proactively manage reporting requirements, covenant compliance, relationship reviews, and past-due items to minimize portfolio exceptions.
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.
Comply with applicable enterprise policies, procedures, laws, and regulations, including Bank Secrecy Act requirements.
Report suspicious activity to Financial Intelligence, customer complaints and procedure violations to management or HR, and ethical concerns to the Ethics Hotline as needed.