Operational Risk Analyst (Remote)

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. The Operational Risk Analyst, as part of the 2 nd line of defense (2LOD), is responsible for identifying, measuring, monitoring, reporting risks and exposures across the organization, per the parameters established in the Bank’s Operational Risk Management Policy and framework. Specifically, through Operational Risk Management (ORM) programs, including but not limited to: Risk and Control Self-Assessments (RCSAs), Risk Assessments (RAs), Product Process Risk Assessments (PPRAs), process mapping, control testing, and operational risk issues and operational risk event processes. Duties And Responsibilities

• Facilitates RCSAs via the use of the banks GRC (Governance Risk and Control system) Predict360, in addition to manual spreadsheets and presentations.
• Works to transition primary RCSA responsibilities to the 1 st Line of Defense (1LOD) as that function is developed.
• Performs oversight and challenges on 1LOD performed RCSAs.
• Administers the GRC system in conjunction with all ORM staff.
• Provide Business Unit training on Operational Risks and the use of the GRC system.
• Performs regulatory required Risk Assessment (RAs) in partnership with the Sr. Operational Risk Analyst under the direction of the Operational Risk Manager.
• Assists in performing the Operational Risk Event and Operational Risk Issues programs via Predict360.
• Reviews and monitors operational risk events to analyze and identify trends. Monitors the implementation of action plans to address operational risks.
• Reports operational risk event outcomes to enable management to ensure effective controls are designed and implemented.
• Promotes partnership with the business units emphasizing the value added from a strong Risk Awareness culture across the organization.
• Supports initiatives of the ORM manager, and the Risk Management Group in general, by keeping abreast of changes in regulatory guidance associated with Operational Risk.
• Assists in the production of committee and board reporting materials.
• Presents risk related slides and materials to committees and business units.
• Participates in various risk related projects as they arise.
• 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

• Bachelor’s degree or relevant experience equivalent.
• 3+ years of risk related work experience, preferably in the financial services industry.
• Background in risk, testing, operations, or audit required.
• Specific experience in RCSA program processes, a plus.
• Strong analytical, organizational, business acumen, and report writing skills.
• Ability to interpret, analyze and apply data/information.
• Understanding of product/program development, implementation, and strategic analysis.
• Ability to build and foster internal relationships and to work collaboratively with a variety of stakeholders at all levels.
• Strong verbal and written communication skills.
• Ability to summarize, document, and communicate information in a clear and concise manner.
• Be self-motivated and an effective time and project manager with a strong attention to detail.
• Demonstrate strong organizational skills with the ability to directly manage and communicate multiple projects and priorities.
• Technological aptitude for understanding systems and ability to effectively use said systems in a proficient manner.
• Pr

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