Portfolio Manager, AVP - Power & Utilities

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 Portfolio Manager, AVP - Power & Utilities supports the underwriting, credit monitoring, and portfolio management of new and existing power project finance and utility relationships. This role works across the full transaction lifecycle, from due diligence and credit analysis through closing and ongoing portfolio management, while partnering closely with clients and internal stakeholders. The position plays an important role in maintaining credit quality, supporting client relationships, and ensuring compliance with regulatory and bank requirements.

Key Accountabilities Analyze and underwrite new financing opportunities within the power, utilities, and project finance sectors.

Prepare credit applications, opportunity memos, annual reviews, and loan amendment or modification requests.

Conduct due diligence by reviewing financial statements, financial models, market studies, engineering reports, project contracts, and legal analyses.

Monitor portfolio performance, including financial and operating metrics, covenant compliance, risk ratings, and reporting requirements.

Develop and maintain financial projections and models, including cash flow, debt financing, and tax structure analyses.

Support transactions from origination through closing, including client onboarding, KYC requirements, documentation review, funding, and closing activities.

Partner with relationship managers, credit teams, legal partners, and operations teams to support client needs and deliver effective portfolio management.

Maintain credit files, loan documentation, portfolio tracking metrics, and other records to support sound risk management practices.

Education & Experience Required Bachelor 's degree in Business, Finance, Accounting, Economics, or a related discipline, or an equivalent combination of education and experience.
3+ years of commercial banking, corporate banking, commercial real estate banking, specialized banking, or credit approval experience.
3+ years of experience using Microsoft Office applications, including Outlook, Excel, Word, Access, and PowerPoint.

Ability to access reliable transportation and lawfully drive, if applicable, by start date.

Preferred Power project finance and utility industry experience.
2+ years of experience handling complex credits and performing financial analysis.
2+ years of sales experience and/or experience interacting directly with clients and business partners.
2+ years of formal credit training.

Chartered Financial Analyst (CFA) designation or progress toward obtaining the designation within 3-5 years.

Why You’ll Love Working Here Join a collaborative team focused on delivering a high level of service and supporting complex, impactful transactions across the power and utilities sector. You'll gain exposure to specialized project finance opportunities while working closely with experienced professionals across credit, relationship management, legal, and operations functions. 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  addition to core traditional benefits, we take pride in offering…