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Power & Utilities Portfolio Manager - VP

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.

We’re seeking a seasoned credit and portfolio management professional with expertise in power and utilities project finance to join our team as a Power & Utilities Portfolio Manager - VP. In this role, you’ll take on independent responsibility for underwriting, credit monitoring, and portfolio management of complex client relationships, while working in close partnership with Relationship Managers and the Credit Approval team.

Job Accountabilities

  • Lead underwriting and portfolio management for new and existing loan transactions in the power and utilities sector.

  • Partner with Relationship Managers as a trusted client contact, helping structure deals, manage amendments, and deliver exceptional service.

  • Monitor covenant compliance, track portfolio performance, and ensure adherence to credit policy, procedures, and regulatory standards.

  • Review loan and legal documentation, borrowing requests, and disbursements to ensure accuracy and compliance.

  • Collaborate with cross-functional partners in Risk, Legal, Loan Operations, and Credit.

  • Support portfolio growth by driving loan and deposit activity, fee income, and referrals.

  • Mentor and guide junior portfolio managers, fostering professional development and quality standards

Education

  • Bachelor's Degree in Business, Finance or Accounting or other related discipline, or equivalent related experience. Required

Experience

  • 4+ years of Commercial, Corporate, Commercial Real Estate, Specialized Banking and/or Credit Approval Experience. Required

  • 4+ years of extensive experience handling complex credits. Required

  • 3+ years working in Specialized Finance - Energy. Strongly Preferred

  • 2+ years of sales experience. Preferred

  • 2+ years of formal credit training. Preferred 

Licenses and Certifications

  • CFA-Charted Financial Analyst. Preferred

Must have access to reliable transportation and the ability to lawfully drive. Required

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.

$112,770.00 - $193,320.00 per year

Average salary estimate

$153045 / YEARLY (est.)
min
max
$112770K
$193320K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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At Associated Bank, we’re always working to create the best banking experience for our customers. To keep up with new technology, evolving trends and a shifting global landscape, innovation is key. We look back on our 160-year history with fondne...

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Full-time, onsite
DATE POSTED
September 6, 2025
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