Sr. Collateral & Pledging Analyst; Hybrid - Schaumburg, IL

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Full Time Corporate Operations Schaumburg, IL, US

8 days ago Requisition

Salary Range: $29.32 To $36.53 Hourly

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.

At Byline Bank, we take pride in being an award-winning workplace. Some of our recent recognitions include:

• 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 (Society for Human Resource Management) Best Workplaces in Illinois 2024, 2025, 2026

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. 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 (e.g., FRB and FHLB Chicago)
• 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…