Sr. Collateral & Pledging Analyst; 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 $9.9 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.

• U.S. News & World Report’s Best Companies to Work for in the Midwest ,  and Best Companies to Work for in Finance and Insurance & Overall .
• 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 Best Workplaces in Illinois 2024, 2025, 2026

The Sr. Collateral & Pledging Analyst is responsible for auditing, managing, and maintaining all closed loan packages and collateral files to ensure the bank’s security interest and adherence to established policies and procedures. This role also supports the organization’s liquidity strategy by ensuring loans meet eligibility requirements for pledging to the Federal Reserve Bank (FRB) and Federal Home Loan Bank of Chicago (FHLBC), while maintaining compliance with investors, regulatory, and internal guidelines.

Additionally, the position contributes to exception tracking, reporting, and continuous improvement of post-closing and collateral management processes.

• Reviews residential, consumer, commercial, SBA, USDA, and other loan packages for original documents and logs them into department database.
• Completes Post Closing Checklist review to verify all required and original documents are received.
• Reviews imaged loan documents and updates exception tracking reports for missing or trailing items.
• Maintains organized and complete physical and imaged collateral files.
• Audits loan files to ensure eligibility for FRB and FHLB Chicago pledging, including completeness of required collateral documentation.
• Utilizes digital platforms such as Docu Sign and Wolters Kluwer eOriginal eVault to support electronic document execution, storage, and eNote collateral workflows.
• Prepares and coordinates collateral delivery to custodians and pledge facilities.
• Monitors pledged collateral and maintains compliance with FRB/FHLB requirements.
• Prepares and delivers reporting and metrics related to pledged collateral activity, including balances, eligibility, utilization, and trends for each pledge affiliate.
• Tracks and resolves documentation exceptions in partnership with lending staff and third-party vendors.
• Monitors and processes collateral requests received through department channels.
• Issues collateral releases for paid loans, legacy loans, or as directed by lending staff.
• Processes paid loans and prepares payoff/release packages for customer distribution.
• Supports loan delivery to investors and assists with post-closing pipeline tracking and reconciliation.
• Partners with Secondary Marketing, Treasury, and Capital Markets teams to support collateral and liquidity initiatives.
• Provides loan documentation to third-party servicing vendors (e.g., Dovenmuehle or similar).
• Files UCCs and records trailing documents (mortgages, assignments, modifications) via approved vendors.
• Organizes and releases tax certificates, titles, and other collateral-related documents.
• Audits boarded loan packages to ensure compliance with policies, procedures, and regulatory standards.
• Assists with internal audits, regulatory exams, and collateral reviews.
• Processes and audits third-party invoices related to loan documentation and collateral.
• Assists with reporting, data tracking, and operational projects within loan operations.
• Participates in ongoing training and process improvement initiatives.
• Ensures all collateral files remain current, complete, and audit-ready.
• All other duties as assigned.