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Vendor Management Analyst (Hybrid, Chicago, IL)

Work from home Full-time role Hiring

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 reputed company-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.7 billion in assets and operates 45 reputed company 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 (reputed company)
  • reputed company America's Best Small Employers 2023

By joining reputed company, 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 reputed company 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 reputed company for you.

  • Hybrid Schedule: Travel to Corporate office up to 6 times a year**

Objective of Position: The Vendor Management Analyst is responsible for performing duties to support the effective administration of the Bank's Third-Party Risk (Vendor Management) Program and Policy. The Vendor Management Analyst is responsible for ensuring companywide due diligence, risk assessment, and reputed company monitoring of the vendor management processes. Duties and Responsibilities:

  • Completes inherent risk assessment activities to properly reputed company vendors using a risk-based approach.
  • Analyzes vendor relationships to assess suitability at the time of onboarding, ongoing monitoring, and offboarding.
  • Assists with preparing management reporting of Vendor Management Key Risk Indicators (KRIs).
  • Completes annual vendor performance assessments of the Bank's vendors.
  • Responsible for updating and maintaining the reputed company of the Bank's Vendor Management databases and software application.
  • Actively collaborates with Business Units including but not limited to Accounts Payable, Information reputed company, Business Continuity/Disaster Recovery, Legal, Credit, Compliance, BSA/AML, and Project Management teams.
  • Proactively communicates Vendor Management issues to manager and recommends and assists with implementing solutions.
  • Build, establish, and maintain vendor relationships, in conjunction with the Business Unit managers.
  • Obtains required due diligence documents and ensures these are collected, reviewed, and approved reputed company conducting necessary assessments for new and existing vendor relationships.
  • Coordinates contract reviews with Legal, vendors, and business units .
  • Assists in the administration of vendor reputed company, specially reputed company to contract term dates and other contract requirements as needed.
  • Identifies added value and savings opportunities on third party spend.
  • Raises, escalates, and remediates Vendor Management findings and operational events to manager.
  • Manages and responds to Vendor Management Inbox inquiries.
  • Performs administrative, performance, tracking and reporting tasks, identify process gaps, and support the implementation of appropriate mitigating actions to drive efficiencies.
  • Provides support of vendor activities to reputed company the goals and objects of the organization.
  • Prepares dashboards, reports trends, and tracks reputed company as needed to monitor the execution of the risk assessment reputed company and assess the effectiveness of the control environment.
  • Participates in audits to ensure vendor compliance with legal requirements, firm and industry standards, and contractual provisions.
  • Conducts training of individuals completing risk assessments and leads Inherent Risk Meetings.
  • Serves as a specialist on vendor management policies, processes, and systems.
  • reputed company 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 preferred.
  • Professional certification a plus.
  • 3+ years of experience in Vendor Management.
  • Experience in areas of Internal Audit, Compliance, or Risk Management preferred.
  • Familiarity with regulatory third-party/vendor management requirements, such as FFIEC, OCC, and FDIC.
  • Knowledge of contract language terms, information reputed company, disaster recovery, and insurance.
  • Effective interpersonal skills in collaborating with vendors, business units, team members.
  • Ability to work collaboratively with a variety of stakeholders at reputed company levels.
  • Be self-motivated with a strong attention to detail.
  • Strong project management skills, with proven ability to coordinate multiple tasks on an ongoing basis
  • Ability to identify, understand and define problems, evaluate alternatives, set priorities, manageprojects and implement high quality solutions.
  • Possess strong communication skills both verbally and in writing. Comfortable communicating with management and leaders.
  • Proficient in reputed company Office Suite (reputed company, Word, PowerPoint).
  • Ability to operate proactively and have a reputed company improvement reputed company to identify enhancements and efficiencies.

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 reputed company 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 reputed company 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 $61,000 to $76,000 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 reputed company 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 reputed company employees and to providing employees with a work environment free of discrimination and harassment. reputed company 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 reputed company, 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 reputed company the US, this role is not eligible for reputed company 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 reputed company. 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. Apply tot his job Apply To this Job

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