Credit Analyst I (Remote)

Byline Bank. • Schaumburg, IL

7d • $61,000 - $76,000 • Hybrid

About The Position

Objective of Position:

The Credit Analyst I is responsible prepares prospective and current client credit files for review and approval upon receipt of a credit request/application.

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.

Requirements

• High School Diploma or equivalent required. Bachelor’s degree in Accounting or Finance 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 define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions.
• Demonstrate strong organizational skills and analytical skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
• Possess strong communication skills both verbally and in writing.
• Proficiency in MS Office Suite.

Responsibilities

• Runs Credit Bureaus, Dun & Bradstreet, and OFAC reports.
• Provides timely communications & decisions making to sales reps/teams.
• Helps perform commercial credit analysis by reviewing items including, but not limited to credit reports, personal and business financial statements and tax returns, appraisals, property inspections and environmental reports to complete loan presentations for approval consideration by the appropriate approval authority.
• Helps prepare and analyzes 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.
• Research prospective clients, including but not limited to internet research, bank, and trade references.
• Independently review and decision client transactions that fall within the application only parameters.
• Prepares files that are being sold for syndication.
• Scans booked files and prepares final files.
• Updates credit on existing files.
• Prepares vendor files for review by manager.
• Assists other departments with their duties.
• Provides additional office support, including data entry, answering incoming calls, and filing.
• Assists with the preparation of the final funding reconciliation in Vendor Services.
• All other duties as assigned.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees