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 $9.9 billion in assets and operates over 40 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 and U.S. Small Business Administration loans. 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's Best Companies to Work for in the Midwest 2024-2025, 2025-2026 and Best Companies to Work for in Finance and Insurance & Overall 2025-2026.
Newsweek's America's Greatest Midsize Workplaces for Women 2026
Best Companies Group's Best Remote and Hybrid Workplaces in America 2026
Chicago Sun Times Chicago's Best Workplaces 2024, 2025
Best Companies Group and Illinois SHRM (Society for Human Resource Management) Best Workplaces in Illinois 2024, 2025, 2026
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 Credit Compliance Specialist is responsible for supporting the maintenance and accuracy of data reported under the Community Reinvestment Act (CRA). This includes, but is not limited to, loans originated or purchased by the bank. This role monitors loan activities to ensure compliance with Regulation B (Equal Credit Opportunity Act), including the timely delivery of required notices such as the Notice of Right to Receive a Copy of Appraisal and the Joint Intent Notice.
Duties and Responsibilities:
Conducts reviews of nCino generated reports with CRA Small Loans, CDL and other applicable loan portfolios on a weekly and quarterly basis.
Reviews and inputs Home Mortgage Disclosure Act (HMDA) data using information from loan presentations and Form 1919, ensuring same-business-day entry upon receipt of nCino notifications.
Confirms the loan is in the CRA Database and that the entry is complete and accurate.
Identifies data discrepancies and communicates findings to credit analysts and lending officers; collaborates to resolve issues and track all corrections, provides monthly reporting to the appropriate stakeholders.
Performs monthly monitoring of loan activity by generating a loan tracker report from nCino to ensure loans with an application date approaching 30 days without closure have a valid reason and appropriate documentation.
Run the loan tracker report from nCino of all non-originated (Withdrawn/Approved Not Accepted/Denied/Closed for Incompleteness) loans and reviews each loan at the end of the month.
Ensures non-originated loans are properly documented in nCino, including proper checklists, necessary documentation, and tracking logs with detailed loan information.
Assists the Compliance Department with performing ongoing CRA training workshops.
Serves as a resource to the lending teams by addressing compliance related questions and communicating updates to regulatory requirements, policies, and procedures.
Assists in delivering individual on-going training with the lending staff, as needed.
Supports the response to audit requests received by both internal and external auditors.
Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
Communicates updates to policies and procedures to all lending units, ensuring alignment with regulatory requirements and internal standards.
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.
2+ years of Credit Compliance experience at a financial institution.
Knowledge of government guaranteed lending products (SBA 7(a), SBA 504 & USDA B&I Loan Programs).
Formal credit training.
Ability to work collaboratively with a variety of stakeholders at all levels.
Be self-motivated 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 strong organizational skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
Proficiency in MS Office Suite.
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.
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 hourly rate for this position is $21.63 to $26.92 +incentive.
Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Byline Bank offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with Byline Bank, you'll find a far-reaching choice of benefits and incentives.
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.
