Private Banking Portfolio Manager II

Associated Bank Milwaukee, WI
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. Applicants with a disability who need assistance applying for a position with Associated Bank are asked to email: or call: (800) 878-3282.


Under limited supervision, manage a portfolio of complex professional service firm, professional practice, private banking, commercial and commercial real estate relationships within Private Banking to ensure retention and expansion of existing client relationship. Primary performance responsibilities include analyzing financial data to determine the merits of loan requests, recommend structure, and ensure compliance with Associated Bank credit policy and guidelines and overall credit quality of the loan portfolio. As a Private Bank Portfolio Manager II, this position will be responsible for expanding and deepening customer relationships by identifying customers' needs comprehensively and matching their needs with selections and resources within the colleague's assigned business line and across all business lines of Associated Bank. In addition, the Private Bank Portfolio Manager II may be required to provide coaching and assistance to less experienced portfolio managers and assist management in special projects.


As a valued colleague of Associated Bank you play a critical role in delivering an exceptional customer experience during every interaction. Expectations for this position require the ongoing focus on building solid and long lasting relationships by engaging all customers in a positive manner. Colleagues should provide customers a positive experience that includes undivided attention, straightforward and knowledgeable service and insure that the customer's best interests are our number one priority. Consistency around customer experience guidelines is key and expected from all of our colleagues. Our goal is to simplify the customer experience and deliver outstanding service to every customer, every time.

Operates in full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to Bank Secrecy Act/Anti-Money Laundering requirements. Responsible to report any procedure or process that doesn't meet regulatory requirements including fraud, whether suspected or confirmed, to management. This reporting can be done directly to any member of management, including Human Resources or Corporate Security, or can be reported through Associated's anonymous Ethics Hotline.



Asset Quality

Community Involvement


Credit underwriting

Customer Retention

Financial Analysis

Portfolio Management


Time Management


Ensure the portfolio administration and risk management of each client relationship is in compliance with established Associated Banc-Corp credit policy, procedure and business strategy as well as commercial and regulatory guidelines. Operates in full compliance with internal policies and procedures as well as applicable regulations and laws.

Prepare credit presentations for both existing and prospective Borrowers to assist in the underwriting process. Determine the Borrowers' primary and secondary sources of repayment as well as the Bank's collateral position. Identify all risks associated with the proposed structure and explain all mitigating factors. Include a Risk Rating Rationale for the Borrower noting specific upgrade and downgrade triggers. Compile an accurate relationship profitability analysis as directed by corporate policy.

Assist in the preparation of Opportunity Memos for prospective and current Borrowers including recommending structure, preparing and analyzing cash flows and financial information, identifying all potential risk and mitigants, listing a Risk Rating Rationale and estimating relationship profitability.

Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts and ongoing repayment ability of all other accounts. Escalate any issues to appropriate levels and develop plan to migrate, if necessary. Assumes overall responsibility for the credit quality of the loan portfolio. Manage the renewal process by working with the Relationship Manager the client and the credit department.

Prepare annual reviews and Dual Risk Rating verifications on all credit facilities to ensure proper risk assessment with the portfolio. In addition to the review of new commercial loans to ensure the proper loan documents are in place, in compliance with governing laws and regulations and loan policy and match the approved credit presentation. Oversee and coordinate quarterly Criticized asset review meetings with an assigned region.

Actively participate in meetings with Relationship Managers, Assistants, Team Leads and internal Business Partners on a consistent basis with regards to status of the loan portfolio including administrative reports, current pipeline and any new credit issues relating to credit policy.

Prepare Private Banking performance relative to portfolio administration through the use of various monthly and quarterly reports such as past due loans, maturing loans, annual reviews, documentation exceptions, etc. Update weekly pipeline reports and any assigned Loan Programs. Maintain current portfolio's administrative reports to ensure covenant testing, annual reviews and annual renewals are completed in a timely basis. Also, work with Relationship Manager to ensure financial reporting is obtained and reviewed in a timely basis. Report results to Credit Manager.

Responsible for identifying cross sales opportunities of all bank services, especially non-borrowing services; Capital Market (SWAP) enhancements; P&C, Life and Group Health Insurance; Treasury Management; International Banking; Commercial Banking; Trust; Retirement Plan Services to our existing client base as well as prospects. Participates in community and business functions/groups to ensure a positive image for the bank within the region's marketplace.