Power & Utilities Portfolio Manager - AVP

Associated Bank • Chicago, IL

1d • $95,270 - $163,320 • 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. Join Associated Bank as a Power & Utilities Portfolio Manager – AVP, where you'll help manage and grow a specialized portfolio of power project finance and utility clients. In this role, you'll analyze complex transactions, support new business opportunities, and partner with cross-functional teams to deliver sound credit solutions. You'll have opportunities to deepen your expertise in project finance while building strong client relationships and advancing your career.

Requirements

• Bachelor's degree in Business, Finance, Accounting, Economics, or a related field, or an equivalent combination of education and experience.
• 3+ years of commercial, corporate, commercial real estate, specialized banking, or credit approval experience.
• 3+ years of proficiency with Microsoft Office applications, including Excel, Word, Outlook, and PowerPoint.
• Valid driver's license and reliable transportation, if applicable.

Nice To Haves

• Experience in power project finance and utility lending.
• 2+ years of experience analyzing complex credit transactions and financial statements.
• 2+ years of experience working directly with clients or business partners.
• Formal credit training.
• Chartered Financial Analyst (CFA) designation or progress toward earning the credential.

Responsibilities

• Analyze new and existing power project finance and utility transactions to support sound credit decisions.
• Manage ongoing portfolio monitoring, including annual reviews, covenant compliance, risk ratings, and loan modifications.
• Prepare credit approvals, financial analyses, and presentation materials for new financing opportunities.
• Partner with Relationship Managers, Credit, Risk Management, Legal, and Operations to execute transactions from origination through closing.
• Review financial models, market studies, engineering reports, legal documentation, and project contracts to assess transaction risks.
• Support client onboarding, including KYC requirements, loan documentation, booking, funding, and closing activities.
• Maintain accurate portfolio records, credit files, and internal reporting to ensure compliance with bank policies and regulatory requirements.
• Mentor junior analysts and associates by sharing knowledge of credit processes, systems, and best practices.

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