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: careers@associatedbank.com
Job Summary
Manages a team of Portfolio Managers responsible for delivering efficient and high quality underwriting, credit monitoring and portfolio management of Commercial/Corporate/Specialized Banking relationships to maintain accurate risk ratings and to facilitate the retention and expansion of existing client relationships, growth of total client assets and net growth in relationships. While primary performance responsibilities include maintenance of timely and accurate risk ratings and developing/managing a team which analyzes financial data to assess credit risk and determine the merits of loan requests (including adherence to loan policy), recommends structure, collects financial statements, as well as identifies cross selling/referring opportunities of other deposits services, this position may also include direct portfolio management account responsibilities.
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.
Manage colleagues by establishing annual performance goals; allocating resources; assessing annual performance; and recommending/providing input into individual merit, incentive, and/or promotional increases. Conduct periodic huddles with colleagues to discuss current state-of-the-state and brainstorm on ideas to increase revenue and efficiency, and ensure staff is trained on any procedure changes.
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 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.
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.
Education
Bachelor's Degree or equivalent combination of education and experience Business, Finance or Accounting or other related discipline, or equivalent related experience Required
Experience
10-12 years Commercial/Corporate/Specialized Banking and/or Credit Approval Experience Required
3-5 years Extensive experience handling complex credits Required
1-3 years Prior management experience, ideally managing a group of portfolio managers Required
4-7 years Sales experience Preferred
Licenses and Certifications
Must have access to reliable transportation and the ability to lawfully drive self, if applicable. by start date, Required
Compliance Statement
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’s anonymous Ethics Hotline.
Associated Bank is committed to working diligently with any colleague who needs an accommodation perform the essential functions of the job. Please contact the Leaves & Accommodations office to request an accommodation.
