ABOUT BYLINE BANK:

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.
This is a hybrid role requiring travel to the Chicago office twice a year.
Objective of Position:
The Compliance Officer assists with the monitoring and testing components of the Compliance Management System. This role functions as an independent and objective expert that reviews and evaluates compliance issues/concerns within the organization. The position will assist the Board of Directors, management and employees to ensure that the Bank is in compliance with federal, state, and local law and regulations, and that company policies and procedures are being followed.

Qualifications:

• Bachelor’s Degree, required.
• Certified Regulatory Compliance Manager (CRCM), preferred.
• 5+ years of progressively responsible experience in a bank or financial services company, with compliance, lending/credit, audit or risk management experience.
• Active member in Community/Statewide/Federal professional associations, preferred.
• Familiarity with laws and regulations such as the Electronic Funds Transfer Act (Reg. E), Flood Disaster Protection Act, Equal Credit Opportunity Act (Reg. B), Fair Credit Reporting Act (Reg. V), Funds Availability Act (Reg. CC), Unfair Deceptive and Abusive Acts and Practices (incl. Reg. AA), Signatures in Global Commerce Act, Truth In Savings Act (Reg. DD), Truth In Lending Act, Real Estate Settlement and Procedures Act (Reg. X), SAFE Mortgage Licensing Act (Reg. G), Controlling the Assault of Non-Solicited Pornography and Marketing Act, Telephone Consumer Protection Act, Loans by Members to their Executive Officers, Directors, and Principal Shareholders (Reg. O), Debit Card Interchange Fees and Routing (Reg. II), Right to Financial Privacy Act, etc.
• Proficient oral and written communications including preparing and delivering presentations and developing reports.
• Ability to communicate with external regulators and effectively and accurately represent the effectiveness of the compliance program.
• Ability to apply compliance principles, theories, and practices while considering industry program policies, procedures, regulations, and laws.
• Knowledge and experience in monitoring and testing compliance processes and procedures.
• Solid working knowledge of management information systems terminology, concepts, and practices.
• Ability to analyze complex data, evaluate information and draw logical conclusions.
• Ability to work collaboratively with a variety of stakeholders at all levels.
• Self-motivated and an effective time and project manager with a strong attention to detail.
• Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions.
• Strong organizational and change management skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
• Proficiency in working with Microsoft Windows, Word, PowerPoint, and Excel

• Performs compliance testing to ascertain compliance with applicable banking laws, rules and regulations as well as bank policies and procedures covering banking products.
• Identifies control weaknesses and root causes of compliance deficiencies, conducts extensive research to support regulatory findings/control weaknesses and proposes appropriate corrective action.
• Communicates testing results, presents identified issues to the business, works with the business to develop and implement a plan of corrective action and prepares written reports.
• Assesses the adequacy of remediation activities, monitors through completion and escalates past-due items.
• Maintains proficient knowledge of applicable laws, regulations, and interpretations and attend external training when necessary.
• May assist with compliance responsibilities relating to mergers and acquisitions.
• Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Helps identify potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• All other duties as assigned.

Qualifications:

• Bachelor’s Degree, required.
• Certified Regulatory Compliance Manager (CRCM), preferred.
• 5+ years of progressively responsible experience in a bank or financial services company, with compliance, lending/credit, audit or risk management experience.
• Active member in Community/Statewide/Federal professional associations, preferred.
• Familiarity with laws and regulations such as the Electronic Funds Transfer Act (Reg. E), Flood Disaster Protection Act, Equal Credit Opportunity Act (Reg. B), Fair Credit Reporting Act (Reg. V), Funds Availability Act (Reg. CC), Unfair Deceptive and Abusive Acts and Practices (incl. Reg. AA), Signatures in Global Commerce Act, Truth In Savings Act (Reg. DD), Truth In Lending Act, Real Estate Settlement and Procedures Act (Reg. X), SAFE Mortgage Licensing Act (Reg. G), Controlling the Assault of Non-Solicited Pornography and Marketing Act, Telephone Consumer Protection Act, Loans by Members to their Executive Officers, Directors, and Principal Shareholders (Reg. O), Debit Card Interchange Fees and Routing (Reg. II), Right to Financial Privacy Act, etc.
• Proficient oral and written communications including preparing and delivering presentations and developing reports.
• Ability to communicate with external regulators and effectively and accurately represent the effectiveness of the compliance program.
• Ability to apply compliance principles, theories, and practices while considering industry program policies, procedures, regulations, and laws.
• Knowledge and experience in monitoring and testing compliance processes and procedures.
• Solid working knowledge of management information systems terminology, concepts, and practices.
• Ability to analyze complex data, evaluate information and draw logical conclusions.
• Ability to work collaboratively with a variety of stakeholders at all levels.
• Self-motivated and an effective time and project manager with a strong attention to detail.
• Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions.
• Strong organizational and change management skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.
• Proficiency in working with Microsoft Windows, Word, PowerPoint, and Excel.