Byline Bank is a full-service commercial bank headquartered in Chicago, serving small- and medium-sized businesses and consumers. The Credit Analyst I role involves preparing credit files for review and approval, performing credit analysis, and providing support to sales teams.
Responsibilities
- Runs Credit Bureaus, and OFAC reports
- Provides timely communications & decisions making to sales reps/teams
- Helps perform commercial credit analysis by reviewing items including, but not limited to credit reports, personal and business financial statements and tax returns, appraisals, property inspections and environmental reports to complete loan presentations for approval consideration by the appropriate approval authority
- Helps prepare and analyzes spreads of a company’s financial statements to determine overall credit strengths and weakness of potential commercial credit customers. Analysis includes, but is not limited to debt-service ratio, current assets ratio, leverage ratios, cash flow analysis, fixed charge coverage
- Research prospective clients, including but not limited to internet research, bank, and trade references
- Independently review and decision client transactions that fall within the application only parameters
- Prepares files that are being sold for syndication
- Scans booked files and prepares final files
- Updates credit on existing files
- Assists other departments with their duties
- Provides additional office support, including data entry, answering incoming calls, and filing
- Assists with the preparation of the final funding reconciliation in Vendor Services
- All other duties as assigned
Skills
- Bachelor's degree in Accounting or Finance preferred
- 1+ years of credit experience, ideally in a public company with at least 1,000 employees
- 1+ years of credit analyst experience
- 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 and analytical 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
Benefits
- Medical coverage
- Dental
- Vision
- Disability
- 401k
- Paid time off
- Discretionary bonuses
- Other benefit programs
Company Overview
Byline Bank provides personal banking and business banking services. It was founded in 1914, and is headquartered in Chicago, Illinois, USA, with a workforce of 501-1000 employees. Its website is https://www.bylinebank.com.
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