Sr. Collateral & Pledging Analyst (Schaumburg, IL)

Byline Bank.•Schaumburg, IL

2d•$29 - $37•Onsite

About The Position

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.

Requirements

High School Diploma or equivalent required
5–8+ years of loan operations experience, including significant exposure to commercial loan operations, collateral management, and post-closing audit functions
Direct or working experience with Federal Reserve Bank and/or FHLB Chicago pledging guidelines and processes
Strong knowledge of loan documentation, collateral file requirements, and post-closing processes
Experience auditing loan files and managing exception tracking
Familiarity with investor delivery processes and agency guidelines (Fannie Mae, Freddie Mac, etc.)
Knowledge of third-party services (lien filing systems, recording vendors, SBA/USDA systems, etc.)
Strong organizational, analytical, and problem-solving skills
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Effective communication skills with the ability to collaborate across departments
Proficiency in Microsoft Office Suite

Nice To Haves

associate or bachelor’s degree preferred
Experience with custodial systems, collateral tracking tools, or FIS platforms preferred
Experience using DocuSign and/or Wolters Kluwer eOriginal eVault platform preferred
Exposure to eNote and electronic collateral workflows is a plus

Responsibilities

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 DocuSign 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 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.