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Portfolio Manager - AVP - Milwaukee Wisconsin
Company: Associated Bank - Corp Location: Milwaukee, Wisconsin
Posted On: 01/26/2025
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.We invite you to view the opportunity below.The Portfolio Manager, AVP, is responsible for underwriting, credit monitoring and portfolio management of Commercial Real Estate relationships to achieve efficiencies and quality of the process and product, assist in the retention and expansion of existing client relationships, growth of total client assets and net growth in relationships. Primary performance responsibilities include analyzing financial data to determine the merits of both new loan and renewal/modification requests (including adherence to Lending Policy), preparing comprehensive credit presentations, and monitoring loan performance to ensure timely and accurate risk ratings. Assist Relationship Managers and other Portfolio Managers with various underwriting models and templates. Participate in special projects as needed.This person will also: - Ensure the portfolio administration and risk management of each client relationship complies with established Associated Banc-Corp Lending Policy, Standard Operating Procedures and business strategy as well as regulatory guidelines.
- As appropriate to experience, co-manage commercial real estate relationships by analyzing borrower and guarantor financial data, as well as property and market information to determine the merits of specific loan request, including new originations, renewals, modifications, and annual reviews.
- Responsible for monitoring portfolio performance and timely and appropriate risk ratings.
- Monitor loan repayment activities, property performance, and financial condition of obligors.
- Minimize portfolio exceptions with respect to past due payments, annual relationship reviews, scorecards, reporting requirements and covenant tests.
- Assist with due diligence/analysis with new client relationships, opportunity memos as appropriate
- Partner with Relationship Manager as a point of a contact for the client; acting as liaison to Credit, support staff and other internal business partners.
- May make presentations on specific loans and participate in the bank's loan approval process.
- Contribute to ad hoc special projects for the team or region as needed
- 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 in Finance or Accounting required.Experience:
- 3-5 Commercial Real Estate or Credit Approval required.
- 3-5 years handling complex credits preferred.
- 0-2 years Sales experience preferred.
- 0-2 years Formal Credit Training preferred.Licenses and Certifications:
- Must have access to reliable transportation and the ability to lawfully drive self, if applicable. Preferred by start date.In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
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