JobsAssociated Bank

Corporate Banking Portfolio Manager - VP

Associated Bank · Chicago 525 Monroe, IL

Posted Aug 24, 2026 · We last checked this listing on Sep 20, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

Behavioral

Tell me about a time you spotted early warning signs of deteriorating credit quality in a client's financials. What did you do?

proactive portfolio monitoring skill and willingness to flag problems before they become losses

Describe a time you worked closely with a relationship manager to grow or save a client relationship. What was your role versus theirs?

clarity on the PM/RM division of labor and collaborative skill

Tell me about a referral you made to treasury management, private banking, or capital markets that turned into real business. How did you spot the opportunity?

cross-sell instinct and commercial awareness beyond pure credit work

Tell me about a loan approval you didn't get, or a deal you had to decline. How did you communicate that to the client or the RM?

comfort delivering unwelcome news and maintaining relationships despite a no

How have you gotten involved in community or business organizations in a market, and what came of it professionally?

genuine commitment to external relationship-building versus checkbox networking

Technical

Walk me through a complex commercial credit deal you underwrote recently. What made it complicated and how did you structure it?

whether the candidate can actually do the core job of analyzing and structuring credit, not just describe policy

How do you approach analyzing financial statements for a business you're not familiar with in that industry?

depth of underwriting methodology versus reliance on templates

What loan structures have you used to balance a client's needs against the bank's risk appetite, and can you give an example where you pushed back on a structure?

independent judgment on risk versus just executing what's asked

How do you keep a portfolio of commercial relationships compliant with credit policy and regulatory requirements without slowing down the client experience?

regulatory literacy and ability to balance compliance with service, given the bank's Bank Secrecy Act and policy emphasis

What's your process for coordinating due diligence and documentation on a renewal when you're juggling multiple deals at once?

organizational discipline and ability to manage volume without dropping details

Situational

Say you're reviewing a loan renewal and the client's cash flow has weakened since origination, but the relationship manager wants to keep the deal moving to protect the relationship. How do you handle that conversation?

ability to hold a credit line under pressure from the sales side without damaging the RM partnership

A client in your portfolio suddenly requests a large, unplanned draw against their line of credit right before quarter end. Walk me through how you'd evaluate and respond to that request.

speed and rigor of decision-making under real-time pressure with limited information

If you inherited a portfolio from another PM tomorrow, what would you look at first to get comfortable with the risk in it?

prioritization skill and mental model for assessing an unfamiliar book of business quickly

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The full job description

As published by 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 as a Portfolio Manager and play a key role in managing and growing a diverse commercial banking portfolio. You'll partner with Relationship Managers to deliver sound credit solutions, strengthen client relationships, and identify opportunities that help businesses succeed. This role offers the opportunity to deepen your commercial banking expertise while building meaningful client partnerships and advancing your career. Key Accountabilities • Manage a portfolio of commercial banking relationships while ensuring compliance with credit policies, regulatory requirements, and risk standards. • Analyze financial statements and credit requests to evaluate risk, recommend loan structures, and support sound lending decisions. • Partner with Relationship Managers to strengthen client relationships, deliver exceptional service, and support portfolio growth. • Monitor portfolio performance, loan repayment activity, and client financial health to proactively manage credit quality. • Identify opportunities to expand client relationships through referrals for treasury management, private banking, capital markets, and other banking solutions. • Coordinate loan renewals, due diligence, and credit documentation by working closely with clients, credit teams, and internal business partners. • Support new business development through financial analysis, opportunity assessments, and participation in the loan approval process. • Represent Associated Bank by participating in community and business organizations to build relationships and strengthen the bank's presence in the market. Education & Experience Required • Bachelor's degree in Business, Finance, Accounting, or an equivalent combination of education and experience. • 5+ years of experience in Commercial Banking, Commercial Real Estate, Corporate Banking, Specialized Banking, or Credit Approval. • 5+ years of experience underwriting and managing complex commercial credit relationships. • Valid driver's license (where applicable) and reliable transportation. Preferred • 2+ years of sales or business development experience. • 2+ years of formal commercial credit training. • Chartered Financial Analyst (CFA) designation. Why You'll Love Working Here At Associated Bank, you'll work alongside experienced professionals in a collaborative environment that values relationship building, continuous learning, and professional growth. You'll have opportunities to expand your expertise, make a meaningful impact on clients and communities, and build a rewarding career with a trusted financial institution. 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. 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 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 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 ,  LinkedIn  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  leavesandaccommodations@associatedbank.com  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. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range. $72,100.00 - $123,600.00 per year

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