Portfolio Manager, AVP - Power & Utilities

Associated Bank•Chicago, IL

About The Position

The Portfolio Manager, AVP - Power & Utilities supports underwriting, credit monitoring, and portfolio management for new and existing power project finance and utility relationships. The role spans the transaction lifecycle, from due diligence and credit analysis through closing and ongoing portfolio management, and partners closely with clients and internal stakeholders. It helps maintain credit quality, support client relationships, and ensure compliance with regulatory and bank requirements. The position analyzes financing opportunities, prepares credit materials, reviews financial and project documentation, monitors portfolio performance, develops financial projections and models, and supports transactions through closing. It also helps maintain credit files and portfolio records and complies with applicable enterprise policies, laws, and regulations, including Bank Secrecy Act requirements. The posted annual base pay range is $95,270–$163,320.

Requirements

Bachelor's degree in Business, Finance, Accounting, Economics, or a related discipline, or an equivalent combination of education and experience.
At least 3 years of commercial banking, corporate banking, commercial real estate banking, specialized banking, or credit approval experience.
At least 3 years of experience using Microsoft Office applications, including Outlook, Excel, Word, Access, and PowerPoint.
Ability to access reliable transportation and lawfully drive, if applicable, by the start date.

Nice To Haves

Power project finance and utility industry experience.
At least 2 years of experience handling complex credits and performing financial analysis.
At least 2 years of sales experience and/or experience interacting directly with clients and business partners.
At least 2 years of formal credit training.
CFA designation or progress toward obtaining the designation within 3–5 years.

Responsibilities

Analyze and underwrite financing opportunities in power, utilities, and project finance.
Prepare credit applications, opportunity memos, annual reviews, and loan amendment or modification requests.
Conduct due diligence by reviewing financial statements, financial models, market studies, engineering reports, project contracts, and legal analyses.
Monitor portfolio performance, including financial and operating metrics, covenant compliance, risk ratings, and reporting requirements.
Develop and maintain financial projections and models, including cash flow, debt financing, and tax structure analyses.
Support transactions from origination through closing, including client onboarding, KYC requirements, documentation review, funding, and closing activities.
Partner with relationship managers, credit teams, legal partners, and operations teams to support client needs and portfolio management.
Maintain credit files, loan documentation, portfolio tracking metrics, and other records supporting risk management.
Comply with applicable enterprise policies, procedures, laws, and regulations; report suspicious activity, customer complaints, procedure violations, and ethical concerns as required.