Sr. Construction Loan Administrator (Remote)

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Sr. Construction Loan Administrator (Remote) Full Time Cust/Client Support Schaumburg, IL, US Salary Range: $80,000.00 To $89,000.00 Annually 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 Sr. Construction Loan Administrator is responsible for the coordination, maintenance and oversight of loan processing and documentation operations activities and administration. This role will addresses operational issues to ensure they are resolved in an efficient and cost-effective manner. Duties and Responsibilities Responsible for the analyzing and preparation of construction draws / disbursement requests and forms required for construction loans. Upon appropriate approval, responsible for funding the construction draws / disbursement requests and for handling the general inquiries and questions from customers, loan officers, and title companies concerning the construction draws / disbursements including funding availability, obtaining endorsements and approvals. Analyzes and reconciles construction budgets to evaluate budget variances and estimated cost to complete. Verifies compliance with loan covenants. Communicates the results of the analysis to the Credit Administration Manager and/or Loan Officer. Analyze and review Sworn Owner and Contractor Statements, Invoices, and Lien Waivers. Bid and engage inspecting architects for plan and cost review and monthly inspections. Review and approve inspecting architect reports and plan and cost reviews. Review and accept property and builder’s risk insurance from the property owner, and general liability insurance and workman’s compensation insurance (if necessary) from the general contractor for construction loans. Serve as liaison between the title companies, inspecting architects, loan officers, borrowers, attorneys, and general contractors. Support other collateral monitoring functions on a backup basis. 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. Qualification Bachelor’s degree in Business Administration, Finance, or related degree. 4+ years construction loan administration experience within a financial institution. Working knowledge of construction loan concepts. Qualitative analytical skills. Knowledge of MS Suite of Products (Word, Excel, and Outlook). Ability to work collaboratively with a variety of stakeholders at all levels. Be self-motivated with a strong attention to detail. Have strong change management, organizational and planning capabilities. Strong written and verbal communication skills. 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 $80,000 to $89,000 + incentive. 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 View phone number on click.appcast.io, Option #2. If applying within the US, this role is not eligible for visa sponsorship now or in the future. #J-18808-Ljbffr Byline