Vendor Relationship Manager (Bannockburn, IL- Hybrid)

Byline BankBannockburn, IL, US

5 days ago

Job type

Full-time

Job description

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, Finance & Overall in 2024-2025, 2025-2026.
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 in office

Objective of Position : The Vendor Relationship Manager is responsible for servicing and maintaining vendor relationships developed by company sales personnel within defined core target markets. The position involves day-to-day servicing of individual lessee (“end user”) accounts until such end user’s financing is booked. The secondary responsibility of this position is to assist other sales personnel in identifying potential new vendor relationships and work to secure those vendor relationships.

Duties and Responsibilities :

Manages vendor relationships by providing services such as financing quotes, engaging end users to discuss / negotiate financing options, structure financing to meet the end users’ needs.

Answers questions regarding document requirements, verbiage, and purpose. Obtains management approval regarding requested exceptions / changes.

Responsible for credit application generation and submission of applications to the Credit Department. Obtains financial information or other required credit information needed to support an end user’s application.

Prepares and delivers proper documentation to end user and communicates with vendor the status of a transaction.

Reviews incoming executed documents and communicate with customers on any items required prior to issuing a Purchase Order (PO) to the vendor. Coordinates issuance of a PO to the vendor.

Obtains end user payment authorization and facilitates the vendor funding process.

Assists sales teams in identifying and sourcing new business relationships.

Provides customer service related to billing inquiries, works with billing / collections staff, facilitates payoff requests.

Performs administrative functions such as answering phones, sending original documents to Headquarters, preparing labels (i.e. Federal Express) for vendor payments, ordering office supplies and interacting with trade personnel that support the office, sorting and distributing mail and forwarding incoming lease payments to the appropriate department.

Enters data into IT systems as directed by supervisor.

May attend and participate in trade shows and external company events.

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 :

Associate Degree required. Bachelor’s Degree preferred.

3+ years of experience in lease administration and or lease sales.

3+ years of experience with contract negotiation and development required.

3+ years of Sales experience preferred.

Be a strategic thinker with the ability to develop, communicate and implement plans that support the overall goals of the Bank.

Be recognized as a strategic thinker and creative problem solver.

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 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.

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. 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 $72,000 to $89,000.

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.

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Vendor Relationship Manager (Bannockburn, IL- Hybrid) • Bannockburn, IL, US