Portfolio Manager Iii, VP - Asset Based Lending - Minneapolis/Green Bay/Chicago

Associated Bank Chicago , IL 60602

Posted 3 months ago

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. Applicants with a disability who need assistance applying for a position with Associated Bank are asked to email: colleaguecare@AssociatedBank.com or call: (800) 878-3282.

Job Summary

Responsible for underwriting, credit monitoring and portfolio management of Commercial/Corporate/Specialized Banking relationships to achieve efficiencies and quality of the process and product, retention and expansion of existing client relationship, growth of total client assets and net growth in relationships. Primary performance responsibilities include analyzing financial data to determine the merits of loan requests (including adherence to loan policy), recommending structure, collecting financial statements, as well as identifying cross selling/referring opportunities of other deposits services.

As a Portfolio Manager, this position will maintain and build loans and deposits, fee income and referrals of business. Secondary management of certain accounts may be expected from senior level performers. At a senior level, one may be responsible for training and development of more junior portfolio managers.

Compliance Statement

Responsible for expanding and deepening customer relationships by identifying customers' needs comprehensively and matching their needs with selections and resources within the colleague's assigned business line and across all business lines of Associated Bank.

As a valued colleague of Associated Bank you play a critical role in delivering an exceptional customer experience during every interaction. Expectations for this position require the ongoing focus on building solid and long lasting relationships by engaging all customers in a positive manner.

Colleagues should provide customers a positive experience that includes undivided attention, straightforward and knowledgeable service and ensure that the customer's best interests are our number one priority. Consistency around customer experience guidelines is key and expected from all of our colleagues. Our goal is to simplify the customer experience and deliver outstanding service to every customer, every time.

Operates in full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to Bank Secrecy Act/Anti-Money Laundering requirements. Responsible to report any procedure or process that doesn't meet regulatory requirements including fraud, whether suspected or confirmed, to management. This reporting can be done directly to any member of management, including Human Resources or Corporate Security, or can be reported through Associated's anonymous Ethics Hotline.

Key Result Areas

Portfolio Management

Risk Management

Asset Quality

Relationship Banking

Fee Income Growth

Loan growth

Delivering Service Consistent with Brand, Vision and Talent Philosophy


Referral Generation

Customer Service

Negotiation and Influence


Community Involvement

Time Management




Credit underwriting

Logical Thinking

Risk Management

Other Demand Deposit Growth

Other Commercial Deposit Growth

Other Retention

Job Accountabilities Ensure the portfolio administration and risk management of each client relationship is in compliance with established Associated Banc-Corp credit policy, procedure and business strategy as well as regulatory guidelines.

May participate with ad hoc special projects for the team or region as needed.

As appropriate to experience, co-manage relationships by analyzing financial data to determine the merits of specific loan requests, and recommend structure as well as aggressively managing the client relationship.

Responsible for credit risk and quality of the portfolio.

Assist with due diligence/analysis with new client relationships, opportunity memos as appropriate.

Partner with the Relationship Manager as the point of a contact for the client; acting as a liaison to the Credit Department, the Commercial support staff and other internal business partners.

May provide advice and counsel to clients regarding trends and conditions of the business environment, capital markets and general banking trends.

Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts and ongoing repayment ability of all other accounts. May assume overall responsibility for the credit quality of the loan portfolio.

May make presentations on specific loans and participate in the bank's Loan Approval Process, recommending approval and appropriate structure of credits.

Manage the renewal process by working with the Relationship Manager the client and the credit department.

May serve as a contact manager for non-borrowing accounts and loan clients for matters relating to other banking services.

Responsible for identifying cross sales opportunities of all bank products including Treasury Management, International Banking, Private Banking, Private Client and Institutional Services, Employee Benefit Services, and AFG, Capital markets to our existing client base as well as prospects.

Participates in community and business functions/groups to ensure a positive image for the bank within the region's marketplace.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Community Lending Officer Chicago City Downtown Chicago

Bank Of America Corporation

Posted 1 week ago

VIEW JOBS 11/12/2019 12:00:00 AM 2020-02-10T00:00 Job Description: The Financial Center Community Lending Officer is responsible for originating retail mortgage loans and other lending products through maximizing client relationships within a designated Financial Center. This individual would have an extensive understanding of the local Affordable Housing Market, Housing Assistance Programs, and experience providing thoughtful lending solutions and guidance to Low to Moderate Income and First Time Homebuyers. Contact may be either telephonic or in-person. Must complete curriculum to achieve certification in Neighborhood Lending. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination. Required Skills: * Two years of experience in loan originations * Knowledge of conventional and/or government guidelines as well as affordable mortgage products and programs * Knowledge of processing underwriting and/or closing procedures/federal lending regulations governing real estate lending * Ability to organize and deliver Home Buyer Workshop presentations * Strong written and verbal communications skills * Teamwork and client service skills a must * Self-motivated and highly organized * Ability to prioritize multiple competing tasks Desired Skills: * Familiar with FHA and HUD guidelines * Knowledge of community housing counseling agencies * Knowledge of local competition product offerings and real estate market dynamics * Strong computer skills including MS applications and previous experience utilizing laptop technology for client communication purposes including accessing rate, credit and loan status information * Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously * Ability to communicate clearly and effectively, both verbally and in writing, across a variety of audiences * Ability to analyze and comprehend complex financial data and provide appropriate financial solutions * Professional and effective interpersonal skills Posting Date: 11/12/2019 Location: Chicago, IL, 135 S LA SALLE ST (IL4135), - United States Travel: Yes, 15% of the time Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift Bank Of America Corporation Chicago IL

Portfolio Manager Iii, VP - Asset Based Lending - Minneapolis/Green Bay/Chicago

Associated Bank