Jobs · Sales · Illinois

Business Development Officer (Remote- IL, WI , IN)

Byline Bank · Schaumburg, IL · 1 wk ago
Sales$86k–$130k/yrFull-time

About

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. With approximately $9.9 billion in assets and over 40 branch locations in 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 (SBA) loans. Byline Bank is a member of FDIC and an Equal Housing Lender.

Core Responsibilities

  • Develop and solicit new business from present and prospective clients to increase revenue base and overall profitability.
  • Work with credit analysts to analyze the credit history of applicants and determine their loan repayment capabilities.
  • Negotiate credit terms, such as costs, loan repayment methods, and collateral specifications.
  • Negotiate interest rate structures to align with bank policies and market rates.
  • Support the bank’s relationship banking culture through ongoing customer contact, quality customer service, and product knowledge.
  • Build relationships with other businesses and prospective customers through professional and national contacts, and current customer referrals.

Requirements

  • A Bachelor’s degree preferred, but not required.
  • 2+ years of commercial lending experience in banking or financial services.
  • Familiarity with SBA government guaranteed lending policies and procedures.
  • Strong relationship management and business development sales skills, including effective communication.
  • Knowledge of commercial banking practices, including financial statements and credit analysis.
  • Ability to structure loans to meet the needs of both the bank and the borrower.
  • Formal credit training is preferred.

Physical Demands/Work Environment

  • Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing.
  • Frequent use of eye, hand, and finger coordination enabling the use of office equipment.
  • Oral and auditory capacity enabling interpersonal communication and communication through automated devices.

Compensation & Benefits

  • The salary range for this position is between $86,000 to $130,000 + incentive.
  • Additional benefits include medical coverage, dental, vision, disability, 401(k), paid time off, and more.

Additional Information

  • Byline Bank is an Equal Opportunity Employer / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of its employees are welcomed, respected, and valued.
  • The company is committed to providing reasonable accommodations for candidates with disabilities in its recruiting process.
  • This role is not eligible for visa sponsorship now or in the future.
  • Note to recruitment agencies and third-party recruiters: Byline Bank kindly requests that they refrain from submitting resumes or candidate profiles without a prior agreement in place. Unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions.

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