Portfolio Manager

Associated Bank • Chicago, IL

1d • Hybrid

About The Position

Manage and grow a portfolio of complex private banking and commercial relationships while ensuring strong credit quality and client satisfaction. This role blends financial analysis, relationship support, and risk management to drive sound lending decisions. You’ll gain exposure to sophisticated clients and opportunities to expand your expertise across Wealth Management. This position allows for a candidate to be based out of Chicago, Milwaukee, Minneapolis or Green Bay. Candidates must reside in one of these markets and plan to be on site 2-3 days per week.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or related field
• 7+ years of private banking or commercial banking experience with strong credit expertise handling complex relationships
• Valid driver’s license and reliable transportation (if applicable)
• Candidates must reside in one of these markets and plan to be on site 2-3 days per week.

Nice To Haves

• Experience managing large, complex credit portfolios and mentoring junior team members

Responsibilities

• Manage a portfolio of private banking and commercial relationships to ensure strong credit quality and client retention
• Analyze financial statements and cash flows to evaluate loan requests and recommend appropriate structures
• Prepare credit presentations and opportunity memos, clearly outlining risks, mitigants, and profitability
• Monitor portfolio performance, including loan repayments, financial condition, and covenant compliance
• Partner with Relationship Managers and internal teams to support client needs and manage renewals
• Conduct annual reviews and risk rating assessments to maintain accurate portfolio oversight
• Identify cross-sell opportunities across banking services to deepen client relationships
• Participate in client meetings and community activities to strengthen market presence

Benefits

• 401(k)
• 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
• Well-being programs and incentives
• Parental leave
• Employee stock purchase plan
• Military benefits
• Personal banking, loan, investment and insurance benefits

What This Job Offers

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