Credit Analyst II; Hybrid, Schaumburg, IL

Position: Credit Analyst II (Hybrid, Schaumburg, IL)
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 $9.7 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 , .

* 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.

Objective of Position:
The Credit Analyst II is responsible for assisting the analytical and underwriting support for commercial banking including an independent analysis of creditworthiness of customers and prospects. This position will work closely with the lending function to assess the risk of commercial transactions and provide thorough documentation of the transactions.

Duties and Responsibilities:

* Assists with commercial credit analysis by reviewing credit reports, personal/business financial statements, tax returns, appraisals, property inspections and environmental reports to complete loan presentations for approval consideration by the appropriate approval authority.

* Helps analyzes the spreads of a company's financial statements to determine overall credit strengths and weakness of potential commercial credit customers. Analysis includes, but is not limited to debt-service ratio, current assets ratio, leverage ratios, cash flow analysis, fixed charge coverage and acid test ratio.

* Assists with collateral analysis of all collateral assets to accounts receivables, inventory, equipment and real estate.

* Assists with credit classification analysis to include the company's customer base, a detail credit profile of the company's largest customers and delinquent accounts, aging analysis, delinquencies, collections and charge offs.

* Assists with Inventory analysis to include inventory in days and an examination of stale inventory, spoilage, depletion and inventory valuations.

* Assists with Equipment analysis to include a comparison of market value to book value and an assessment of net orderly liquidation values.

* Assists with Real estate collateral analysis to include examination of appraisal and address special and single purpose use facilities and alternative uses.

* Contacts the customer or customers representative to obtain additional information or explanation detail throughout the underwriting process while coordinating with the Banker.

* Identifies and assesses various business, industry and market risks to determine and categorize business trends, growth, cyclical nature, seasonality, business cycle and stages and apply findings to credit evaluation.

* Performs business sector analyses to evaluate the health and viability of a company based upon similar businesses and/or competitors.

* Evaluates the overall growth potential of company's bases through the application of various economic theories.

* Orders underwriting items including, but not limited to audit, TLJ and UCC searches, appraisal, environmental, flood certification, and property inspections from both internal and external sources.

* Prepares final funding reconciliation in Vendor Services.

* Updates credit on existing files.

* Records and maintains external vendor order costs in Vendor Services.

* 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:

* Bachelor's degree in Accounting, Finance or related degree preferred.

* 2+ years of credit experience, ideally in a public company with at least 1,000 employees.

* 2+ years of credit analyst experience.

* 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…