Portfolio Manager - AVP - CRE

About the role

Associated Bank is looking for a Portfolio Manager focused on Commercial Real Estate (CRE) to support the underwriting, credit monitoring and ongoing management of commercial real estate lending relationships. The role helps evaluate credit opportunities, manage portfolio risk and deliver quality financial solutions to clients while adhering to lending policies and regulatory requirements.

Key responsibilities

• Analyze borrower, guarantor, property and market financial information to evaluate new loan requests, renewals, modifications and annual reviews.
• Monitor portfolio performance and keep risk ratings for commercial real estate relationships timely and accurate.
• Review loan repayments, property performance and borrower financial condition to identify and manage risk.
• Ensure portfolio administration and client relationship management comply with lending policies, operating procedures and regulatory requirements.
• Minimize portfolio exceptions by managing reporting requirements, covenant compliance, relationship reviews and past due items.
• Partner with Relationship Managers and coordinate with Credit, operations and other internal partners.
• Assist with due diligence and analysis for prospective client opportunities and relationship expansion.
• Participate in loan approval processes, present credit recommendations and contribute to special projects.

Required profile

• Bachelor's degree in Finance, Accounting or an equivalent combination of education and experience.
• 3+ years of experience in commercial real estate lending, underwriting, portfolio management or credit approval.
• Preferred: 3+ years with complex credit relationships, sales experience, formal credit training, and progress toward a CFA designation by the start date.
• Access to reliable transportation and the ability to lawfully drive, if applicable.

What we offer

• Salary range of $63,000 to $108,000 per year, with possible bonus, incentive or commission opportunities.
• 401(k) and pension retirement savings plans.
• Paid time off to volunteer, Colleague Resource Groups and competitive salaries with professional development.
• Well-being programs, parental leave, employee stock purchase plan, military benefits and personal banking, loan, investment and insurance benefits.