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Byline Bank · 4 days ago

Credit Analyst I (Hybrid, Itasca, IL)

Itasca, IL

Full-time

Hybrid

Entry Level

$61K/yr - $76K/yr

1+ years exp

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.

Asset ManagementBankingCommunitiesCredit CardsFinanceFinancial ServicesFinTechLendingWealth Management

No H1B

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

Qualification

Credit analysisFinancial statement analysisMS Office SuiteCredit experienceOrganizational skillsCommunication skillsTime managementProblem-solving

Required

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