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Asset Lending Relationship Manager - SVP

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Socket.dev
Full Time position
Listed on 2026-09-21
Job specializations:
  • Finance & Banking
    Credit Analyst, Loan Officer / Lending, Commercial Banking, Banking & Finance
Salary/Wage Range or Industry Benchmark: 122290 - 209640 USD Yearly USD 122290.00 209640.00 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.

Join our Asset Based Lending team as an SVP
-Relationship Manager responsible for managing a complex portfolio of commercial lending relationships while leading the documentation and closing of asset-based loan transactions. In this highly visible client-facing role, you will drive portfolio growth, deepen client relationships, support risk management objectives, and collaborate with partners across the bank to deliver comprehensive financial solutions.

Key Accountabilities
  • Manage a portfolio of complex asset-based lending relationships while ensuring strong client retention and relationship growth.
  • Lead the closing of approved lending opportunities, including negotiating loan documentation and coordinating with internal and external stakeholders.
  • Monitor portfolio performance by analyzing financial statements, evaluating covenant compliance, and calculating key financial metrics.
  • Recommend account strategies and risk mitigation solutions based on changes in client performance, industry conditions, and credit quality.
  • Ensure portfolio administration and risk management activities align with established credit policies, business objectives, and regulatory requirements.
  • Partner with colleagues across the organization to identify opportunities and connect clients with appropriate banking, treasury, wealth management, and capital markets solutions.
  • Support the lending approval process through participation in credit and lender discussions and meetings.
  • Build and maintain professional networks through industry events, community involvement, and relationship-building activities.
Education & Experience Required
  • Bachelor's degree in Business, Finance, Accounting, or an equivalent combination of education and experience.
  • 8+ years of experience in commercial banking or business-to-business sales.
  • Demonstrated knowledge of commercial banking products and services, including non-borrowing solutions.
  • Proven success in business development, sales, and client relationship management.
  • Strong written and verbal communication skills.
  • Must have access to reliable transportation and the ability to lawfully drive, if applicable.
Preferred
  • Experience negotiating lending documentation and managing loan closings.
  • Experience with underwriting, credit analysis, and asset-based lending relationship management.
  • Experience building and managing complex commercial client relationships.
Why You’ll Love Working Here

This role offers the opportunity to work with sophisticated commercial clients while helping grow a high-performing Asset Based Lending business. You'll collaborate with experienced banking professionals across multiple specialty areas, gain exposure to complex transactions, and play a meaningful role in expanding client relationships and delivering impactful financial solutions.

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.

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…
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