Special Assets Officer

Role Summary

As a Special Assets Officer, you will manage a portfolio of complex commercial credit relationships and work closely with clients and internal partners to achieve the best possible outcomes. This role combines financial analysis, relationship management, and problem-solving to support credit rehabilitation, strategic exits, or asset recovery efforts. You will gain valuable exposure to complex commercial banking situations while developing expertise in credit risk management and portfolio administration.

• Manage a portfolio of problem credit relationships and develop strategies for rehabilitation, exit, or liquidation.
• Analyze borrower financial information and assess credit risk, collateral position, and repayment capacity.
• Prepare credit presentations, portfolio reviews, and quarterly reporting for management and credit partners.
• Evaluate business plans, management teams, and operating performance to support resolution strategies.
• Partner with lenders, attorneys, accountants, loan servicers, and other stakeholders to resolve complex credit situations.
• Monitor compliance with loan agreements, covenants, collateral requirements, and bank credit policies.
• Negotiate and recommend loan structures and resolutions that align with risk management objectives.
• Advise internal business partners on problem credit situations and portfolio risk management strategies.

• Bachelor's degree in Business, Finance, Accounting, or an equivalent combination of education and experience.
• 3+ years of banking, commercial credit, finance, or related business experience.
• Knowledge of commercial lending, credit analysis, and portfolio management practices.
• Understanding of banking regulations, collection laws, and depository products.

• Experience managing problem credit or special assets portfolios.
• Knowledge of loan documentation, collateral perfection, real estate mortgages, and guaranties.
• Experience working with workout strategies, restructuring, foreclosure, repossession, or liquidation processes.
• Strong negotiation, communication, and relationship management skills.

• Retirement savings including 401(k) and Pension plans.
• Paid time off to volunteer in the community.
• Opportunities to connect with others through diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well‑being programs and incentives, parental leave, employee stock purchase plan, military benefits, and more.
• Personal banking, loan, investment, and insurance benefits.

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.

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 Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandacco if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice in English or Spanish. Know Your Right to Work in English or Spanish.

Associated Bank is Pay Transparency compliant.

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.

$59,360.00 - $ per year