Private Bank Portfolio Manager

Associated Bank • Minneapolis, MN

2d

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 on this Private Banking team, you will 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.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or related field or equivalent combination of education and experience
• 2+ years of private banking or commercial banking experience with credit knowledge

Nice To Haves

• 4+ years of private banking or commercial banking experience with credit knowledge

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

• 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
• Number of Employees: 501-1,000 employees