About Byline Bank:
Headquartered in Chicago, Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.6 billion in assets and operates 46 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top Small Business Administration lenders in the United States according to the national SBA ranking by the U.S. Small Business Administration by volume FY2023. Byline Bank is a member of FDIC and an Equal Housing Lender.
At Byline Bank, we take pride in being an award-winning workplace. Some of our recent recognitions include:
- U.S. News & World Report named Byline Bank as one of the Best Companies to Work for in the Midwest in 2024-2025
- Best Workplaces in Illinois in 2024 by Best Companies Group and Illinois SHRM (Society for Human Resource Management)
- Forbes America’s Best Small Employers 2023
By joining our team, you will become part of an organization that values growth, collaboration, and innovation. We strive to create an environment where employees feel supported and are empowered to excel in their roles. If you're looking for a career with a company that puts people first and makes a difference in the communities we serve, Byline Bank is the place for you.
The Sr. Credit Analyst is responsible for providing analytical and underwriting support for commercial banking including an independent analysis of creditworthiness of customers and prospects. This position will work closely with the lending function to assess the risk of commercial transactions and provide thorough documentation of the transactions.
Scope of Responsibilities:
- Performs commercial credit analysis by reviewing items including, credit reports, personal/business financial statements, tax returns, appraisals, property inspections and environmental reports to complete loan presentations for approval consideration by the appropriate approval authority.
- Prepares and analyzes spreads of a company’s financial statements to determine overall credit strengths and weaknesses of potential commercial credit customers.
- Performs and completes a collateral analysis of all collateral assets to accounts receivables, inventory, equipment, and real estate.
- Contacts the customer or customers representative to obtain additional information or explanation detail throughout the underwriting process while coordinating with the Banker.
- Identifies and assesses various business, industry, and market risks to determine and categorize business trends.
- Orders underwriting items including, but not limited to audit, TLJ and UCC searches, appraisal, environmental, flood certification, and property inspections from both internal and external sources.
- Serves as a coach and mentor to Credit Analyst trainees.
- All other duties as assigned.
Qualifications:
- Bachelor’s degree in Accounting, Finance or related degree.
- 5+ years in a commercial credit analysis function within a financial institution.
- Prior leadership experience, preferred.
- Formal credit training, preferred.
- Strong problem solving and decision-making skills.
- Ability to work collaboratively with a variety of stakeholders.
- Self-motivated with strong attention to detail.
- Strong organizational and planning capabilities.
- Strong communication skills both verbally and in writing.
- Proficiency in MS Office Suite.
Physical Demands/Work Environment:
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing.
At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work.
Compensation & Benefits:
Byline Bank offers competitive industry rate salary bands. The anticipated annual salary range for the position is between $80,000 - $105,000.
In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more!
Additional Information:
Byline Bank is an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued.
