Chicago, IL, 60684, USA
137 days ago
Corporate Treasurer, Senior Vice President
**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. Are you a talented, detail-oriented professional looking to make an impact? At Byline Bank, we are a growing financial institution with deep roots in Chicago. We’re seeking innovative and motivated individuals ready to be part of our dynamic finance team. If you’re passionate about driving success, solving challenges, and being a part of a company that values community and growth, this could be the perfect opportunity for you. Join us in shaping the future of banking while enjoying a collaborative environment that fosters career development and continuous learning. The **Corporate** **Treasurer, Senior Vice President** is responsible for managing the Bank’s balance sheet to achieve sustainable growth, profitability, and solvency. This role coordinates correspondent banking relationships and collaborate with all areas of the Bank to ensure that our customers have good products and services. **Duties and Responsibilities** **:** + Oversees the institution’s liquidity portfolio, borrowings, investment analyses and other financial affairs. Balance Sheet Management ensures sustainable growth, profitability, and solvency. Manage wholesale loan purchase for the Bank. + Collaborate closely with Commercial and Retail Banking through product development, Correspondent Banking products, Relationship pricing and Cash Management. + Executes all purchases and sales of all primary and secondary liquidity securities. Manage the Bank's collateral, Fed positions and liquidity ratios. + Manage, expand, and support wholesale funding products to enhance the Bank's funding capabilities at the lowest possible costs. + Investment Portfolio Management: $1b to $2b investment in various complex asset classes; collateral support; duration target; cash flows and investment income needs, $50mm to $100mm BOLI investment management and monitoring, support OTTI and Fair value analysis on existing holdings. + Management IRR and FX Products including interest rate risk balance sheet and customer swap programs. Educate Bankers and market to customers on derivative products. + Establishes and maintains a cash management program that optimizes the institution’s cash management practices with its various correspondent banking relationships. + Analyzes and submits to senior management various asset and liability strategies as potential new areas of capital growth and development. + Ensure that the financial institution’s reserves meet legal requirements. + Oversee Asset and liability Management (ALCO), Wholesale Borrowings, Liquidity, Capital Markets including FX business, Capital Planning, Capital Stress Testing, Share Repurchase Program, Gov’t Guarantee Loan Trading and Servicing Asset Oversight and management of the loan and deposit pricing products. + Manage the government guaranteed loan sales business. Monitor and analyze loan pipeline and inventory. Monitor opportunities to protect Servicing Asset Valuation through various hedge strategies. + Directs special projects and assignments related to financial decisions. + Manage all Treasury related operations. + Ensure all internal and external audits are satisfactory. Meet all regulatory requirements to support strong CAMEL ratings. + Supervises personnel assigned to the department. + 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:** + Experience working in a bank or financial institution with an asset size of $10 billion or greater – highly preferred. + Bachelor’s Degree in Business Administration, Finance or related field. + Master’s Degree preferred + 10+ plus years of financial experience including all Treasury related functions. + Ability to analyze and comprehend financial statements, as well as grasp the impact of financial information. + Excellent analytical skills, including ability to read, analyze and interpret business periodicals; comprehend technical procedures, government regulations and reports; and apply the information as needed to rectify negative situations for the financial institution. + Highly developed proficiency in change management. + Be a strategic thinker with the ability to develop, communicate and implement plans that support the overall goals of the Bank. + Ability to work collaboratively with a variety of stakeholders at all levels. + Ability to identify, understand and define problems, evaluate alternatives, set priorities, manage projects, and implement high quality solutions. + Demonstrate strong organizational 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. **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 anticipated salary range for the position is between $150,000 and $250,000. 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.
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