Business Analyst (Hybrid, Schaumburg, IL)
Byline Bank
**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.
**About the Opportunity:**
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 this Business Analyst opportunity!
**Objective of Position** **:**
The Business Analyst, on our Data & Analytics team, will be responsible for partnering with business units to provide business and data analysis expertise. The role will also be responsible for leading business requirements gathering, analysis, and supporting the technical team during the system development lifecycle. The Business Analyst will work closely with all team members in various departments such as Training, Retail Banking, Commercial Lending, Risk Management, Marketing, Operations, and IT on shared projects and initiatives.
**Duties and Responsibilities:**
**Business and Data Analysis Responsibilities**
+ Collaborate with internal business units to find business opportunities and improve operational process efficiency.
+ Deliver effective solutions to business needs.
+ Conduct interviews with end users and gather business requirements.
+ Convert business requirements into technical specifications for the development team.
+ Assist in preparing and conducting formal presentations on the solution, objectives, and scope.
+ Analyze internal & external data to identify opportunities for optimization.
**Development and Implementation Responsibilities**
+ Ensure the developed systems, applications, and reports fulfill the specified business requirements.
+ Extract, compile, process, and summarize large volumes of data into usable information.
+ Engage end-users during the development process and provide periodic updates about the project progress.
+ Work with the technical team in creating user manuals, reference tools, and technical documents.
+ Actively participate in user training (both internal and external users).
**Testing & Quality Assurance Responsibilities**
+ Develop and document thorough test plans with comprehensive sets of test cases and expected results.
+ Develop test plans & cases in compliance with legal & customer requirements, policies, and procedures.
+ Ensure that solutions are developed to meet business needs and requirements.
+ Actively engage end-users during UAT (User Acceptance Testing) and get signoffs from users.
**Project Management Responsibilities**
+ Prepare project plans and clearly articulate roles, project goals, and timeline.
+ Manage projects and communicate project progress and delays to the stakeholders.
+ Communicate schedule variances and potential scope changes in status reports.
**Qualifications**
+ Bachelor’s or Master’s degree in business or related field.
+ 5+ years of business analysis experience.
+ Excellent analytical, problem-solving, and decision-making skills.
+ Strong written and verbal communication; ability to explain technical concepts to a non-technical audience.
+ Experience working in financial services / banking industry strongly preferred.
+ Understanding of BSA/AML, OFAC, and Fraud regulations, guidelines, and industry best practices is a plus.
+ Excel, Power BI, SQL, and other relevant data analysis tool experience is a plus.
+ Experience working with Salesforce, nCino, FIS Insight, or SAP Business Objects is a plus.
+ Hands-on experience developing MS-VISIO models & project planning using MS-Project.
+ Ability to build professional relationships with all levels.
+ Candidate must be able to learn new software packages/technologies.
+ Excellent organizational skills, communication, and interpersonal skills.
+ Good knowledge of design principles, practices, systems development & analysis.
+ Must be self-motivated, team-oriented, and able to operate with minimal supervision.
**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 $86,000 to $107,000.
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.
Confirm your E-mail: Send Email
All Jobs from Byline Bank