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.