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Manager of First Line Lending Risk - Commercial

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Bank - Corp
Full Time position
Listed on 2026-02-24
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 88270 USD Yearly USD 88270.00 YEAR
Job Description & How to Apply Below

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.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

As the Manager of First Line Lending Risk, you'll lead risk management across the full commercial lending lifecycle, from originations to collections. You'll strengthen controls, drive compliance, and partner across the business to protect both customers and the bank. This is an opportunity to lead a team, influence enterprise-wide risk strategy, and grow your leadership impact in a critical function.

Key Accountabilities
  • Own the risk and control environment for Commercial lending activities including originations, servicing, and collections.
  • Lead risk assessments, control testing, and documentation to ensure strong operational practices.
  • Oversee resolution of complaints, disputes, and errors while ensuring compliance with regulatory requirements.
  • Provide advisory support on new products, services, and digital enhancements to ensure compliance and operational readiness.
  • Monitor and report key risk metrics, emerging trends, and control performance to drive proactive action.
  • Manage responses to audits, compliance testing, and regulatory exams, ensuring timely remediation of issues.
  • Review and advise on regulatory changes, ensuring proper impact assessment and implementation.
  • Promote a strong risk culture by training, coaching, and partnering with business line leadership.
Education & Experience Required
  • Bachelor's degree in Business, Risk, Finance, or related field (or equivalent experience)
  • 6+ years banking experience with deep knowledge of products, regulations, and control frameworks
  • 1+ years leadership experience
Preferred
  • Master's degree in Business, Risk, Finance, or related field
Why You'll Love Working Here

At Associated Bank, your work has real impact. You'll help shape risk strategy, grow as a leader, and contribute to a culture that values collaboration and innovation. Be part of a team that's building for the future while protecting customers today.
Apply now to make a difference with us.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

Benefits
  • 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, employee stock purchase plan, military benefits and much more.
  • Personal banking, loan, investment and insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.

Join our community on Facebook, Linked In and X.

Compliance Statement

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 English or Spanish. Know Your Right to Work 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.

$88,270.00 - $ per year

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