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.
Objective of Position :
The Sr. Divisional Assistant is responsible for providing the Group Manager and/or commercial relationship managers with administrative functions.
Duties and Responsibilities:
Provides administrative functions for the Group Manager and/or commercial relationship managers.
Handles daily communication with borrowers for routine transactions and obtains necessary documentation to satisfy loan closing and servicing conditions.
Provides accurate, regular updates to clients, lenders, analysts, and management.
Completes loan approval review to determine borrower, guarantor, collateral, and other required closing conditions.
Partners with closing attorney to ensure loan documents meet all legal requirements and recommendations are satisfied.
Maintains the accuracy of the loan file, including all packaging documents, satisfaction of credit condition, and compliance with lending requirements.
Audits loan files for completeness and ensures all bank requirements and guidelines have been met including appropriate documentation for approved exceptions.
Collects invoices and prepares internal closing statements ensuring all appraisal, environmental, title and other search fees.
Manages the closing of transactions, including working with title companies and/or closing attorney to ensure all parties are in balance and all documents are properly executed and returned.
Disburse loan proceeds and reconcile all invoices.
Performs pre-close and post-close loan searches, including UCC searches, title search, etc.
Monitor USDA fees and real estate taxes to ensure payments are timely and accurate.
Assists borrower with wires, ACH, draws, statements, and other standard requests.
Monitors borrower insurance policies and work with internal/external parties to ensure Bank has current certificates.
Ensures all documentation is saved electronically in accordance with bank policy.
Provides efficient, courteous customer service, research problems and implement the appropriate resolution for borrowers.
Prepares line draws, account transfers, wire transfers when needed and follow up on exception items.
Works with loan officer to determine and open the appropriate accounts and obtain necessary documentation.
Updates and monitor customer information requests for loan servicing tickler report.
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:
High school diploma or equivalent required.
3+ years of divisional assistant experience.
Ability to work collaboratively with a variety of stakeholders at all levels.
Self-motivated with a strong attention to detail.
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 strong organizational skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
Possess strong communication skills both verbally and in writing.
Physical Demands/Work Environment:
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.
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, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process.
Compensation & Benefits:
Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.
The salary range for this position is between $61,000 to $76,000.
In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! Depending on the specific role, compensation may also include discretionary bonuses and other benefit programs. The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location.
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. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.
All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
Byline Bank is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please contact us directly at 773-475-2900, Option #2.
If applying within the US, this role is not eligible for visa sponsorship now or in the future.
Note to Recruitment Agencies and Third-Party Recruiters:
Byline Bank kindly requests that third-party recruiters, staffing agencies, and recruitment firms refrain from submitting resumes or candidate profiles without a prior agreement in place. Any unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions. We appreciate your understanding and cooperation.
Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
