About Byline Bank:

Headquartered in Chicago, Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.6 billion in assets and operates 46 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 Small Business Administration lenders in the United States according to the national SBA ranking by the U.S. Small Business Administration by volume FY2023. 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 in 2024-2025

• 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.

At Byline Bank, we're looking for hardworking, client-focused individuals to join our dynamic team. As part of our organization, you'll have the opportunity to contribute to the success of our clients and make a real difference in the communities we serve. If you're passionate about delivering quality service and thrive in a supportive, growth-oriented environment, let's connect to discuss opportunities within our Sponsor Finance group!

Assistant Vice President / Vice President– Sponsor Finance

Note: Actual Job Title Level (AVP or VP) will be based on relevant/overall experience

Byline Sponsor Finance (“BSF”), a division of Byline Bank headquartered in Chicago, IL, with offices in Charlotte, NC works to provide senior secured cash flow loans to private equity backed lower middle market companies throughout the United States. BSF focuses its efforts on companies that generate EBITDA between $2 million and $10 million. Products support the acquisition, recapitalization and growth investment efforts of private equity firms operating in the lower middle market.

Position: Assistant Vice President or Vice President – Sponsor Finance Group

Location: Chicago, IL or Charlotte, NC

Position Description:

The Assistant Vice President or Vice President will lead and manage all aspects of due diligence including review of deal materials, preparation of screening memos, underwriting of new transactions, financial modeling, independent research, and legal negotiation.

This individual will manage monitoring the portfolio which includes spreading monthly financials, performing trend analysis, analyzing financial performance, interacting with company management, and presenting monthly reports.

The ideal candidate has prior cash flow lending experience with a strong understanding of credit underwriting, deal structuring, and can demonstrate an ability to balance detail with broader issues, in both written and oral communication.

This individual will be able to draw thoughtful and relevant conclusions based on their analysis of new transactions and existing portfolio performance and can effectively communicate their findings.

Key Areas of Responsibility:

• Independently lead and manage all aspects of the deal underwriting and approval process from inception to close.

• Manage and oversee deal team output to ensure quality, accuracy, and efficacy.

• Present transactions and investment recommendations or proposals.

• Represent BSF in sponsor, management, and lender meetings and due diligence calls.

• Work with business development officers to propose creative and competitive deal structures to win mandates.

• Negotiate legal documentation (term sheets, proposal letters, and credit agreements) directly with sponsors.

• Develop and maintain the syndication process on transactions in which Byline is leading the senior financing.

• Oversee the on-going credit analysis, reporting, and credit activities (amendments, recapitalizations, acquisitions, restructurings, etc.) of existing portfolio companies.

• Support the team’s efforts to attract, develop, and retain best-in-class origination, underwriting, and portfolio management talent.

• Mentor and develop junior staff’s credit and analytical skills.

Requirements:

• Bachelor's degree with a preferred concentration in Business, Finance, or Accounting is required for this role. Advanced degree (MBA) or finance or accounting designation such as CFA, CPA, preferred.

• 7-10 years Leveraged Finance, Private Equity, Investment Banking or related financial transaction services experience with strong credit capabilities

• Knowledge of credit policies, procedures, and terminology. Formal credit training a plus.

• Thorough understanding of complex financial modeling

• Strong finance and accounting skills along with a close attention to detail

• Excellent written and verbal communication skills with ability to coordinate and communicate with various internal departments across the bank as well as outside partners

• Ability to interact on a direct basis with financial sponsors, junior capital providers and intermediaries

• Highly collaborative and flexible working in a team and client environment with ability to form good relationships internally and externally

• Understanding of loan documentation, legal negotiation and credit structures

• Prior cash flow lending experience or transaction accounting experience

• Self-starter with strong work ethic and highest level of integrity

• Ability to travel

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. Must be able to lift 30 pounds.

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 anticipated annual base salary range for this position is between $115,000 - $170,000.

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.

Byline Bank is 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.