Credit Compliance & Ops Specialist (Hybrid, Schaumburg, IL)

Credit Compliance And Operations Specialist

Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc., 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 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 times a month in office.

Objective Of Position

The Credit Compliance And Operations Specialist is responsible for assisting in underwriting and closing new loans. This role ensures compliance with regulatory requirements and internal policies while maintaining accuracy and efficiency throughout the loan process.

Duties And Responsibilities

Loan & Compliance Support

• Maintain accurate records in loan systems and compliance databases, update entries promptly.
• Review reports and identify errors; collaborate with analysts and officers to correct discrepancies.

Vendor Coordination & Report Management

Financial Reconciliation & Customer Refunds

Note : Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time.

Qualifications

High School Diploma or equivalent required. 3+ years of Credit Compliance experience within a financial institution. Previous experience with appraisal reports or real estate environmental reports is a plus, as well as the use of CRM software. Formal credit training, a plus. 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.

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 hourly rate for this position is between $21.63 to $26.92 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.