Vendor Relationship Manager (Bannockburn, IL- Hybrid)

Byline Bank.•Bannockburn, IL

6h•Hybrid

About The Position

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 2024-2025, 2025-2026. 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 Vendor Relationship Manager is responsible for servicing and maintaining vendor relationships developed by company sales personnel within defined core target markets. The position involves day-to-day servicing of individual lessee (“end user”) accounts until such end user’s financing is booked. The secondary responsibility of this position is to assist other sales personnel in identifying potential new vendor relationships and work to secure those vendor relationships.

Requirements

Associate Degree required.
3+ years of experience in lease administration and or lease sales.
3+ years of experience with contract negotiation and development required.
Be a strategic thinker with the ability to develop, communicate and implement plans that support the overall goals of the Bank.
Be recognized as a strategic thinker and creative problem solver.
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 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.

Nice To Haves

Bachelor’s Degree preferred.
3+ years of Sales experience preferred.

Responsibilities

Manages vendor relationships by providing services such as financing quotes, engaging end users to discuss/negotiate financing options, structure financing to meet the end users’ needs.
Answers questions regarding document requirements, verbiage, and purpose. Obtains management approval regarding requested exceptions/changes.
Responsible for credit application generation and submission of applications to the Credit Department. Obtains financial information or other required credit information needed to support an end user’s application.
Prepares and delivers proper documentation to end user and communicates with vendor the status of a transaction.
Reviews incoming executed documents and communicate with customers on any items required prior to issuing a Purchase Order (PO) to the vendor. Coordinates issuance of a PO to the vendor.
Obtains end user payment authorization and facilitates the vendor funding process.
Assists sales teams in identifying and sourcing new business relationships.
Provides customer service related to billing inquiries, works with billing/collections staff, facilitates payoff requests.
Performs administrative functions such as answering phones, sending original documents to Headquarters, preparing labels (i.e. Federal Express) for vendor payments, ordering office supplies and interacting with trade personnel that support the office, sorting and distributing mail and forwarding incoming lease payments to the appropriate department.
Enters data into IT systems as directed by supervisor.
May attend and participate in trade shows and external company events.
All other duties as assigned.