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.
*HYBRID SCHEDULE: ONCE A MONTH IN OFFICE*
Objective of Position:
The Sr. Commercial Loan Documentation Specialist is responsible for preparing Commercial loan documentation for new loans, renewals, and modifications for Commercial Real Estate, Lines of Credit, C&I, Term Loans, Construction Loans, SBA Loans, and Letters of Credit, and ensuring that all commercial loan documents are accurate and in accordance with the loan approval guidelines and federal regulations.
Duties and Responsibilities:
- Prepares commercial loan documentation for new loans, renewals, and modifications for various loan types, including Commercial Real Estate, Line of Credits, C&I, Term Loans, Construction Loans, SBA Loans, and Letters Credit.
- Ensures all commercial loan documents are accurate and in accordance with the loan approval and federal regulations.
- Reviews all due diligence loan documents, establishes that all compliance requirements are met prior to releasing final loan documents.
- Partners and communicates with lenders, admins, attorneys, title company personnel, and various other vendors to close every commercial loan type in a timely manner.
- Reviews document checklist and waivers; work with Lenders and Admins to ensure that appropriate approvals are received prior to disbursing the loan.
- According to Bank policies, conveys to Lenders and Admins the need for key documents to fund/book transactions accurately, timely, and consistently.
- Assesses all pertinent borrower, property/collateral, and documentation information and verifications related to documenting complex commercial loan transactions.
- Analyzes entity documentation such as Articles of Incorporation, Operating Agreements, or By Laws to determine or validate the transaction’s identified signers.
- Possesses the ability to interpret and understand Credit Approvals, due diligence, title commitments, formation documents, etc.
- Consults management to resolve issues or to seek approval for exceptions or waivers
- Provides problem resolution and service to internal customers.
- Ensures document requests have proper approval authority.
- All other duties as assigned.
Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
QUALIFICATIONS:
- Associate degree, or equivalent.
- 4+ years of banking experience, primarily commercial loan preparation experience or equivalent.
- 3+ years of Commercial related LaserPro experience and proficient producer of quality business purpose documents in the LaserPro system.
- Strong knowledge of commercial loan documentation and letters of credit, including knowledge of the UCC and UCP related to letters of credit.
- Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects and implement high quality solutions.
- Ability to work both independently and as a team member.
- Proactively collaborates with relationship officers and their Loan Administrators to identify requirements related to the documentation requests, including anything that may preclude or complicate loan closing, funding, or recording, and agree on appropriate resolution to ensure quick response for the bank customer.
- Strong knowledge of bank policy and Federal and State compliance regulations, including Article 9 of the Uniform Commercial Code, Flood Regulation, CRA/HMDA, and UCP.
- Possess strong communication skills both verbally and in writing.
- Solid problem-solving/decision-making skills
- Self-starter with the ability to manage production, multiple tasks/projects.
- Proficiency in Microsoft Office Suite and experience with FIS, LaserPro, Nautilus, and nCino.
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