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Portfolio Manager - Power & Utilities

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Bank - Corp
Full Time position
Listed on 2026-07-06
Job specializations:
  • Finance & Banking
    Credit Analyst, Loan Officer / Lending, Commercial Banking, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 74620 - 127920 USD Yearly USD 74620.00 127920.00 YEAR
Job Description & How to Apply Below

About Associated Bank

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.

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.

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, an employee stock purchase plan, military benefits and more.
  • Personal banking, loan, investment and insurance benefits.
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. Know Your Right to Work 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…

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