Associated Bank

Portfolio Manager - Power & Utilities

Associated Bank$74K — $127K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting, Economics, or related field, or equivalent experience.
  • 1+ years of commercial, corporate, or specialized banking or credit approval experience.
  • Proficient with Microsoft Office applications, especially Excel and PowerPoint.
  • Valid driver's license and reliable transportation, if applicable.
  • Experience in power project finance or utility lending is preferred.
  • 1+ years analyzing complex credit transactions is a plus.
  • Chartered Financial Analyst (CFA) designation or progress towards it is preferred.

Responsibilities

  • Manage credit quality and ongoing portfolio administration for Power & Utilities clients.
  • Analyze financial statements and credit risk for lending opportunities.
  • Prepare comprehensive credit analyses and recommendations for committees.
  • Partner with Relationship Managers to meet client needs.
  • Monitor transactions for risks and recommend actions.
  • Support loan documentation and credit administration tasks.
  • Develop industry knowledge by tracking trends in power and utilities.

Benefits

  • Retirement savings options including 401(k) and pension plans.
  • Paid time off for community volunteering.
  • Diversity-focused Colleague Resource Groups for connection.
  • Professional development and career advancement opportunities.
  • Well-being programs and incentives, including parental leave and stock purchase plans.
  • Personal banking and insurance benefits.
Full Job Description
Join Associated Bank's Power & Utilities team and help manage a specialized portfolio of power project finance and utility client relationships. In this role, you'll analyze credit opportunities, support client relationships, and help drive sound lending decisions while building expertise in a growing industry. You'll collaborate with experienced banking professionals and gain opportunities to expand your credit and portfolio management skills.

Key Accountabilities
  • Manage the credit quality and ongoing portfolio administration for Power & Utilities client relationships.
  • Analyze financial statements, cash flow, and credit risk to evaluate new and existing lending opportunities.
  • Prepare clear, comprehensive credit analyses, presentations, and recommendations for approval committees.
  • Partner with Relationship Managers to support client needs and deliver exceptional service throughout the lending process.
  • Monitor existing transactions, identify emerging risks, and recommend appropriate actions.
  • Support loan documentation, credit administration, due diligence, amendments, waivers, and portfolio reporting.
  • Develop industry knowledge by tracking market trends and maintaining expertise in the power and utilities sector.


Education & Experience

Required
  • Bachelor's degree in Business, Finance, Accounting, Economics, or a related field, or equivalent experience.
  • 1+ years of commercial, corporate, commercial real estate, specialized banking, or credit approval experience.
  • Proficiency with Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook.
  • Valid driver's license and reliable transportation, if applicable.


Preferred
  • Experience in power project finance or utility lending.
  • 1+ years of experience analyzing complex credit transactions.
  • 1+ years of client-facing or relationship management experience.
  • Formal credit training.
  • Chartered Financial Analyst (CFA) designation or progress toward earning the designation.


Why You'll Love Working Here

At Associated Bank, you'll work alongside knowledgeable professionals in a collaborative environment that values learning, teamwork, and career growth. You'll have opportunities to deepen your industry expertise, build meaningful client relationships, and make a measurable impact on a specialized lending portfolio.

Apply today to make an impact.

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.


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.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$74,620.00 - $127,920.00 per year

About Associated Bank

Associated Bank is a regional bank that provides a wide range of financial products and services to individuals, businesses, and organizations. The bank offers personal and business banking, wealth management, and insurance services, and operates more than 200 locations throughout Wisconsin, Illinois, and Minnesota. Associated Bank was founded in 1861 and has a long history of serving its communities and customers. The bank is committed to providing exceptional customer service and building strong relationships with its customers.
Learn more about Associated Bank
Size
4,900 employees
Industry
Founded
1874

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