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Asset Lending Team Leader

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Banc‑Corp
Full Time position
Listed on 2026-09-22
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Banking & Finance, BD Manager
  • Management
    Risk Manager/Analyst, Banking & Finance, BD Manager
Salary/Wage Range or Industry Benchmark: 157150 - 269400 USD Yearly USD 157150.00 269400.00 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. The Asset Based Lending (ABL) Team Leader leads a team responsible for managing asset-based lending relationships and portfolios, delivering high-quality underwriting, credit monitoring, and portfolio management to support client retention, relationship growth, and portfolio quality. This role provides leadership to Relationship Managers and Portfolio Managers while helping drive strategic business objectives, credit excellence, and client-focused lending solutions.

Key

Accountabilities
  • Lead and develop a team of lending professionals, providing coaching, performance management, hiring support, and ongoing professional development.
  • Oversee portfolio administration and credit risk management to ensure compliance with lending policies, business strategies, and regulatory requirements.
  • Analyze and guide credit decisions, recommending appropriate account management strategies and risk mitigation plans based on client performance and business conditions.
  • Coordinate due diligence activities and partner with internal and external stakeholders throughout the lending process, from initial review through closing.
  • Monitor portfolio performance, loan repayment activity, and client financial health to maintain strong credit quality and proactively address emerging risks.
  • Manage renewals, portfolio reviews, and credit solution delivery while supporting improvements that enhance client service and operational effectiveness.
  • Collaborate with relationship teams and business partners to deepen client relationships and identify opportunities for additional banking solutions.
  • Serve as a client-facing leader on complex transactions, amendments, and challenged credits, helping teams develop strategies that support successful outcomes.
Education & Experience Required
  • Bachelor's degree in Business, Accounting, Finance, or an equivalent combination of education and experience.
  • 10+ years of experience in asset-based lending, commercial banking, or corporate banking lending.
  • 10+ years of demonstrated success achieving portfolio quality and business development objectives.
  • 7+ years of leadership experience, preferably managing teams of five or more direct reports.
  • Access to reliable transportation and the ability to lawfully drive, if applicable.
Preferred Experience

Preferred Experience leading teams of Relationship Managers and Portfolio Managers within an asset-based lending environment.

Why You’ll Love Working Here

This is an opportunity to lead a high-impact team that plays a critical role in delivering lending solutions, managing portfolio performance, and supporting client growth. You’ll partner with experienced banking professionals, influence strategic business decisions, and help shape the future direction of a growing asset-based lending business.

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…
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