Credit Analyst ; Hybrid, Itasca, IL

Position: Credit Analyst I (Hybrid, Itasca, IL)

Join to apply for the Credit Analyst I (Hybrid, Itasca, IL) role at Byline Bank

Join to apply for the Credit Analyst I (Hybrid, Itasca, IL) role at Byline Bank

This range is provided by Byline Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$61,000.00/yr - $76,000.00/yr

About Byline Bank

Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:

BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.7 billion in assets and operates 45 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 U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024.

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, Finance & Overall in , .
• Chicago Sun Times Chicago’s Best Workplaces 2024
• 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.

** Hybrid

Schedule:

2-3 days a week in office*
* Objective of Position:
The Credit Analyst I is responsible for preparing prospective and current client credit files for review and approval upon receipt of a credit request/application.

Duties And Responsibilities

• Runs Credit Bureaus, and OFAC reports.
• Provides timely communications & decisions making to sales reps/teams.
• Helps perform commercial credit analysis by reviewing items including, but not limited to credit reports, personal and business financial statements and tax returns, appraisals, property inspections and environmental reports to complete loan presentations for approval consideration by the appropriate approval authority.
• Helps prepare and analyzes spreads of a company’s financial statements to determine overall credit strengths and weakness of potential commercial credit customers. Analysis includes, but is not limited to debt-service ratio, current assets ratio, leverage ratios, cash flow analysis, fixed charge coverage.
• Research prospective clients, including but not limited to internet research, bank, and trade references.
• Independently review and decision client transactions that fall within the application only parameters.
• Prepares files that are being sold for syndication.
• Scans booked files and prepares final files.
• Updates credit on existing files.
• Assists other departments with their duties.
• Provides additional office support, including data entry, answering incoming calls, and filing.
• Assists with the preparation of the final funding reconciliation in Vendor Services.
• All other duties as assigned.

Note:

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Qualifications

• Bachelor’s degree in Accounting or Finance preferred.
• 1+ years of credit experience, ideally in a public company with at least 1,000 employees.
• 1+ years of credit analyst experience.
• Ability to work collaboratively with a variety of stakeholders at all levels.
• Be self-motivated and an effective time and project manager with a strong attention to detail.
• Have strong change management, organizational and planning capabilities.
• Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions.
• Demonstrate…