Vendor Management Analyst (Hybrid, Chicago, IL)

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.

• 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 continuous monitoring of the vendor management processes. Duties and Responsibilities:

• Completes inherent risk assessment activities to properly rate 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 integrity of the Bank's Vendor Management databases and software application.
• Actively collaborates with Business Units including but not limited to Accounts Payable, Information Security, 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 when conducting necessary assessments for new and existing vendor relationships.
• Coordinates contract reviews with Legal, vendors, and business units .
• Assists in the administration of vendor contracts, specially related 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 achieve the goals and objects of the organization.
• Prepares dashboards, reports trends, and tracks progress as needed to monitor the execution of the risk assessment framework 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.
• 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 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 security, disaster recovery, and insurance.
• Effective interpersonal skills in collaborating with vend

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