Compliance Officer (Remote)

Byline Bank; Chicago (IL); Hybrid; USD 86,000 - 107,000; Full time

Job summary

Byline Bank in Chicago seeks a Compliance Officer to support the Compliance Management System, ensuring adherence to federal, state, and local regulations. The role acts as an objective reviewer for compliance issues and advises leadership to maintain regulatory compliance.

The position requires a Bachelor's degree and 5+ years in banking/compliance, with CRCM preferred. A hybrid work arrangement is available and salary ranges are provided with incentives.

Qualifications

• Bachelor's Degree is required.
• 5+ years of progressively responsible experience in banking/financial services with compliance, lending/credit, audit or risk management.
• Certified Regulatory Compliance Manager (CRCM) is preferred.
• Active membership in professional associations is preferred.
• Proficient in communicating with regulators and presenting reports.

Responsibilities

• Performs compliance testing to ascertain regulatory/policy conformity.
• Identifies control weaknesses and root causes; supports corrective action.
• Communicates findings and develops remediation plans with business units.
• Monitors remediation progress and escalates overdue items.
• Maintains knowledge of applicable laws and regulations; attends external trainings as needed.
• Assists with compliance for mergers and acquisitions.
• Collaborates with departments to address compliance issues.

Skills

Communication skills

Analytical ability

Project management

Change management

Organizational skills

Time management

Education

Bachelor's Degree

Certified Regulatory Compliance Manager (CRCM)

Tools

Microsoft Windows

Microsoft Word

PowerPoint

Excel

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 $9.9 billion in assets and operates over 40 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 and U.S. Small Business Administration loans. 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’s Best Companies to Work for in the Midwest 2024-2025, 2025-2026 and Best Companies to Work for in Finance and Insurance & Overall 2025-2026.
• Newsweek’s America’s Greatest Midsize Workplaces for Women 2026
• Best Companies Group’s Best Remote and Hybrid Workplaces in America 2026
• Chicago Sun Times Chicago’s Best Workplaces 2024, 2025
• Best Companies Group and Illinois SHRM (Society for Human Resource Management) Best Workplaces in Illinois 2024, 2025, 2026

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 Compliance Officer assists with the monitoring and testing components of the Compliance Management System. This role functions as an independent and objective expert that reviews and evaluates compliance issues/concerns within the organization. The position will assist the Board of Directors, management and employees to ensure that the Bank is in compliance with federal, state, and local law and regulations, and that company policies and procedures are being followed.

Duties And Responsibilities

• Performs compliance testing to ascertain compliance with applicable banking laws, rules and regulations as well as bank policies and procedures covering banking products.
• Identifies control weaknesses and root causes of compliance deficiencies, conducts extensive research to support regulatory findings/control weaknesses and proposes appropriate corrective action.
• Communicates testing results, presents identified issues to the business, works with the business to develop and implement a plan of corrective action and prepares written reports.
• Assess the adequacy of remediation activities, monitors through completion and escalates past-due items.
• Maintains proficient knowledge of applicable laws, regulations, and interpretations and attend external training when necessary.
• May assist with compliance responsibilities relating to mergers and acquisitions.
• Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Helps identify potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• All other duties as assigned.

Qualifications

• Bachelor's Degree, required.
• 5+ years of progressively responsible experience in a bank or financial services company, with compliance, lending/credit, audit or risk management experience.
• Certified Regulatory Compliance Manager (CRCM), preferred.
• Active member in Community/Statewide/Federal professional associations, preferred.
• Familiarity with regulations such as EFTA, Flood, ECOA, FCRA, Reg. CC, UDAAP, Privacy, E-Sign, NACHA, TISA, TILA, RESPA, SAFE Act, CAN-SPAM, TCPA, Reg. O, Reg. II, RFPA, etc.
• Proficient oral and written communications including making presentations and preparing reports.
• Ability to communicate with external regulators and effectively and accurately represent the effectiveness of the compliance program.
• Ability to apply compliance principles, theories, and practices while considering industry program policies, procedures, regulations, and laws.
• Knowledge and experience in monitoring and testing compliance processes and procedures.
• Solid working knowledge of management information systems terminology, concepts, and practices.
• Proficiency in working with Microsoft Windows, Word, Powerpoint, and Excel.
• Ability to analyze complex data, evaluate information and drawing logical conclusions.
• Ability to work collaboratively with a variety of stakeholders at all levels.
• Be self-motivated and an effective time and project manager with a strong attention to detail.
• Have strong change management, organizational and planning capabilities.
• 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.

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 $86,000 to $107,000 + incentive.

Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Byline Bank offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with Byline Bank, you’ll find a far-reaching choice of benefits and incentives.

Additional Information

Byline Bank is an Equal Opportunity Employment / Aff
mission

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.