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.
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.
- Track and oversee post-exam follow-ups, including responses, remediation plans, and deliverables.
Regulatory Change Management
- 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.
- Oversee the implementation of changes through policy updates, training, and process adjustments.
Internal Communication & Education
- 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.
- Provide guidance and subject matter expertise on regulatory expectations to business units and control functions.
Reporting & Governance
- 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.
- Support risk and compliance governance processes by identifying emerging risks from regulatory trends.
Change Management Process
- Oversee the end-to-end change management process for the organization.
- Ensure all changes comply with the established change management framework and governance policies.
- Facilitate impact assessments to identify potential risks associated with proposed changes.
New Product Introduction
- 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.
- 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
- 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 $121,000 to $161,000
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.
