Associated Bank

Power & Utilities Portfolio Manager – VP

Associated Bank

full-time

Posted on:

Location Type: Hybrid

Location: Illinois, Minnesota, New York, Pennsylvania, Wisconsin • 🇺🇸 United States

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Salary

💰 $122,570 - $210,120 per year

Job Level

Lead

About the role

  • Lead underwriting and portfolio management for new and existing loan transactions in the power and utilities sector.
  • Partner with Relationship Managers as a trusted client contact, helping structure deals, manage amendments, and deliver exceptional service.
  • Monitor covenant compliance, track portfolio performance, and ensure adherence to credit policy, procedures, and regulatory standards.
  • Review loan and legal documentation, borrowing requests, and disbursements to ensure accuracy and compliance.
  • Collaborate with cross-functional partners in Risk, Legal, Loan Operations, and Credit.
  • Support portfolio growth by driving loan and deposit activity, fee income, and referrals.
  • Mentor and guide junior portfolio managers, fostering professional development and quality standards.

Requirements

  • Bachelor's Degree in Business, Finance or Accounting or other related discipline, or equivalent related experience.
  • 4+ years of Commercial, Corporate, Commercial Real Estate, Specialized Banking and/or Credit Approval Experience.
  • 4+ years of extensive experience handling complex credits.
  • 3+ years working in Specialized Finance - Energy.
  • 2+ years of sales experience.
  • 2+ years of formal credit training.
  • Must have access to reliable transportation and the ability to lawfully drive.
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.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
underwritingportfolio managementcredit policycovenant complianceloan documentation reviewcredit approvalcomplex creditsspecialized financesalescredit training
Soft skills
client contactdeal structuringexceptional servicecollaborationmentoringprofessional developmentquality standards
Certifications
Bachelor's Degreeformal credit training