Portfolio Manager

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.

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.

Key Accountabilities

• 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

Education & Experience

Required:

• 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)

Preferred:

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

Why You’ll Love Working Here

At Associated Bank, you’ll work alongside experienced professionals in a collaborative, growth-focused environment where your contributions directly impact clients and the business. We invest in your development and provide opportunities to expand your skills across multiple banking disciplines. Apply today to make an impact.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

• 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. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [email protected] if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$85,400.00 - $146,400.00 per year