Sr. USDA Product Specialist; Remote

The Sr. USDA Loan Analyst (Remote) role at Byline Bank focuses on originating USDA loans, guiding customers through pre-qualification, underwriting, and closing, and collaborating with SBC staff and USDA representatives nationwide. The position requires a strong understanding of USDA regulations and complex loan structures, and it serves as the primary liaison with USDA offices across the country.

$95,000.00/yr - $/yr

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 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.

The Sr. USDA Loan Analyst supports SBC in originating USDA loans to grow Byline’s business and build new client relationships. This role guides customers through pre-qualification, underwriting, and closing, while collaborating with SBC Business Development Officers, Credit Analysts, Closers, and USDA representatives nationwide. The Sr. USDA Loan Analyst has a strong understanding of USDA regulations and complex loan structures and serves as the primary liaison with USDA offices across the country.

• Supports development of new USDA/SBA business through pre-qualification and client engagement.
• Identifies and conducts appropriate prospecting activities among business development leads.
• Identifies and qualifies leads from Business Development Officers for USDA program suitability.
• Contributes to loan profitability through appropriate pricing, fee income, and cross-selling of products and services.
• Prepares detailed credit memos including project data, loan terms, and financial analysis for committee review.
• Coordinates with underwriting, legal, and closing teams to satisfactorily meet customer expectations.
• Serves as the primary contact with USDA state and national offices during the underwriting and closing process.
• Ensures all USDA conditions are met prior to issuance of the Loan Note Guarantee.
• Stays current on USDA guaranteed loan guidelines and common practices and ensures internal compliance.
• Review third party reports as needed.
• All other duties as assigned.

• Bachelor’s degree in Business Administration, Finance, Accounting, or related degree.
• 5+ years of commercial banking loan and deposit business development or relationship management experience.
• 3+ years of working on USDA B&I loans in some capacity.
• Knowledge of USDA OneRD requirements and processes.
• Strong knowledge of government guaranteed lending policies and procedures.
• Knowledge of commercial banking practices, including financial statement and credit analysis.
• Formal credit training preferred.
• Be a strategic thinker with the ability to develop, communicate and implement plans that support the overall goals of the Bank.
• Ability to work collaboratively with a variety of stakeholders at all…