Credit Compliance Specialist (Remote)

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. As a member of FDIC and an Equal Housing Lender, Byline Bank is committed to creating an award-winning workplace recognized for its commitment to diversity, inclusion, and excellence.

Objective

The Credit Compliance Specialist supports the maintenance and accuracy of data reported under the Community Reinvestment Act (CRA). This includes reviewing and inputting Home Mortgage Disclosure Act (HMDA) data, ensuring compliance with Regulation B (Equal Credit Opportunity Act), and monitoring loan activities to ensure timely delivery of required notices and accurate loan entries in the CRA database.

Duties And Responsibilities

• Conducts reviews of nCino generated reports with CRA Small Loans, CDL, and other applicable loan portfolios on a weekly and quarterly basis.
• Reviews and inputs HMDA data using information from loan presentations and Form 1919, ensuring same-business-day entry upon receipt of nCino notifications.
• Confirms the loan is in the CRA Database and that the entry is complete and accurate. Identifies data discrepancies and communicates findings to credit analysts and lending officers; collaborates to resolve issues and track all corrections, provides monthly reporting to the appropriate stakeholders.
• Performs monthly monitoring of loan activity by generating a loan tracker report from nCino to ensure loans with an application date approaching 30 days without closure have a valid reason and appropriate documentation.
• Runs the loan tracker report from nCino of all non-originated (Withdrawn/Approved Not Accepted/Denied/Closed for Incompleteness) loans and reviews each loan at the end of the month. Ensures non-originated loans are properly documented in nCino, including proper checklists, necessary documentation, and tracking logs with detailed loan information.
• Assists the Compliance Department with performing ongoing CRA training workshops.
• Serves as a resource to the lending teams by addressing compliance related questions and communicating updates to regulatory requirements, policies, and procedures.
• Assists in delivering individual on-going training with the lending staff, as needed.
• Serves as a liaison between the Compliance Department and the lending teams, assisting in the response to audit requests received by both internal and external auditors. Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
• Supports the response to audit requests received by both internal and external auditors. Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
• Serves as a liaison between the Compliance Department and the lending teams, assisting in the response to audit requests received by both internal and external auditors. Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
• Serves as a liaison between the Compliance Department and the lending teams, assisting in the response to audit requests received by both internal and external auditors. Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
• Supports the response to audit requests received by both internal and external auditors. Assists in communicating audit findings to the lending staff and prepares responses with corrective actions.
• Communicates updates to policies and procedures to all lending units, ensuring alignment with regulatory requirements and internal standards.

Qualifications

• A High School Diploma or equivalent required.
• 2+ years of Credit Compliance experience at a financial institution.
• Knowledge of government guaranteed lending products (SBA 7(a), SBA 504 & USDA B&I Loan Programs).
• Formal credit training.
• Ability to work collaboratively with a variety of stakeholders at all levels.
• Self-motivated with a strong attention to detail.
• 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.
• Strong organizational skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
• Proficiency in MS Office Suite.
• Possess strong communication skills both verbally and in writing.

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 as well as communication through automated devices.

Additional Information

Byline Bank is an Equal Opportunity Employer / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics. Byline Bank is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please contact us directly at 773-475-2900, Option #2. If applying within the US, this role is not eligible for visa sponsorship now or in the future.