Byline Bank.
Regulatory Liaison and Change Officer (Hybrid, Chicago, IL)
18 days ago
Chicago
Job Description 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) Objective of Position: The Regulatory Liaison is responsible for overseeing all aspects of Byline Bank’s regulatory examinations as well as managing the Bank’s change management process. This role serves as the primary point of contact between the Bank and its regulatory agencies and ensures coordination across departments to support successful and efficient examinations. In addition, the Regulatory Liaison will oversee the Bank’s approach to change management, which includes new or changes in products and services as well as regulatory change management. The ideal candidate will possess deep regulatory knowledge, strong communication skills, and the ability to manage complex, cross-functional projects in a dynamic financial environment. Duties and Responsibilities: Regulatory Exam Coordination: • Serve as the lead coordinator for all regulatory exams and ongoing supervisory activities., • Manage pre-exam preparation, including scheduling, information requests, and coordination with internal stakeholders., • Act as a liaison during on-site or virtual exams to ensure timely and accurate responses., • Monitor and assess regulatory changes at the federal, state, and local levels that impact the Bank’s operations., • Collaborate with Legal, Compliance, and Risk teams to interpret new regulations and work with the relevant business units to determine applicability., • Maintain strong relationships with internal stakeholders to ensure awareness and readiness for regulatory developments and examinations., • Develop and maintain regulatory exam playbooks, response templates, and training materials., • Maintain accurate records of all exams, findings, and remediation efforts through the Governance Risk and Compliance (“GRC”) system., • Provide periodic updates to senior leadership and board committees on regulatory matters., • Oversee the end-to-end change management process for the organization., • Ensure all changes comply with the established change management framework and governance policies., • Collaborate with relevant departments to ensure new products undergo thorough review and approval processes., • Ensure compliance with regulatory requirements and internal risk management policies for all new product launches. Qualifications: • Bachelor’s degree in Finance, Business, Law, or a related field; advanced degree or relevant certification (e.g., CRCM, CAMS) a plus., • 7+ years of experience in regulatory compliance, risk management, or regulatory relations within the banking or financial services industry., • Strong understanding of applicable regulations (e.g., FDIC, FRB, CFPB) and the regulatory examination process., • Excellent organizational and project management skills, with the ability to manage multiple priorities under tight deadlines., • Exceptional written and verbal communication skills, including experience preparing formal responses to regulators., • Ability to build and maintain effective relationships with internal stakeholders and external regulators., • Excellent analytical skills with the ability to collect, analyze, and interpret complex data sets and draw logical conclusions., • Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects, and implement high quality solutions., • Strong change management, organizational and planning capabilities., • Be self-motivated and an effective time and project manager with a strong attention to detail., • Demonstrate strong organizational skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies., • Proficiency in using MS Office suite and other relevant software applications. 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. At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process. Compensation & Benefits: Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels. The salary range for this position is between $120,000 to $140,000 In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! Depending on the specific role, compensation may also include discretionary bonuses and other benefit programs. The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location. Additional Information: Byline Bank is an Equal Opportunity Employment / 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. Note to Recruitment Agencies and Third-Party Recruiters: Byline Bank kindly requests that third-party recruiters, staffing agencies, and recruitment firms refrain from submitting resumes or candidate profiles without a prior agreement in place. Any unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions. We appreciate your understanding and cooperation.