Chief Audit Executive

2 Days Old

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Headquartered in Chicago, Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.6 billion in assets and operates 46 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 Small Business Administration lenders in the United States according to the national SBA ranking by the U.S. Small Business Administration by volume FY2023. Byline Bank is a member of FDIC and an Equal Housing Lender. About Byline Bank
Headquartered in Chicago, Byline Bank is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.6 billion in assets and operates 46 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 Small Business Administration lenders in the United States according to the national SBA ranking by the U.S. Small Business Administration by volume FY2023. 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 Chief Audit Executive leads the internal audit function and serves as a key member of our executive leadership team. This role will elevate our established audit program to meet the heightened expectations of our regulatory environment while serving as a trusted advisor to the Board, Audit Committee, and senior management. The CAE partners with third party audit firms to optimize audit coverage and efficiency while ensuring the institution operates with robust controls, sound risk management practices and in accordance with The Institute of Internal Auditors (IIA) standards.
Duties And Responsibilities
Strategic Leadership & Advisory Role
Serves as strategic advisor to the CEO, senior leadership team, and Board Audit Committee on risk management, internal controls, and governance effectiveness. Develops and executes a forward-looking, risk-based audit strategy that anticipates regulatory expectations and supports business objectives. Collaborates strongly with the second line to ensure efficient and effective risk coverage. Partners with management to identify emerging risks and control gaps, providing proactive recommendations that add measurable value to the organization. Supports regulatory examination preparedness and acts as a primary audit liaison during exams. Participates in enterprise risk management initiatives and strategic planning processes, with opportunities for expanded responsibilities in our evolving risk management structure. Maintains awareness and provides internal audit guidance on new products, services, processes, and business lines.
Audit Program Excellence
Oversees and enhances our internal audit program, ensuring alignment with regulatory requirements, IIA standards, company policies and leading internal audit practices. Leads the development of effective risk assessments that drive audit planning and resource allocation. Organizes and manages audit resources, including third party audit partners, to maximize coverage, eliminate redundancies and control costs. Ensures timely, high-quality audit execution that provides meaningful insights to stakeholders. Monitors and drives resolution of audit findings and regulatory matters, maintaining strong accountability frameworks. Supports and coordinates with external auditors with respect to the company’s financial audit and/or quarterly reviews.
Organizational Leadership & Relationship Building
Builds and maintains trusted relationships across all business lines, demonstrating how audit insights drive operational improvements. Presents complex audit findings and risk assessments to the Board Audit Committee with clarity and strategic context. Develops and mentors the internal audit team, fostering professional growth and audit excellence. Collaborates effectively with risk management, compliance, and other control functions to ensure integrated oversight. Represents the organization professionally with regulators, external auditors, and industry peers.
Required Qualifications
Bachelor's degree in Accounting, Finance, or related field; advanced degree preferred. 20+ years of progressive audit experience in banking or financial services. 7+ years in senior leadership roles. Strong knowledge of federal and state banking regulations and guidance regarding audit requirements. Knowledge and skill with risk management frameworks, internal controls, and monitoring/testing of internal audit programs. Proven track record of building effective relationships with boards, audit committees, and C-suite executives. Strong business acumen with ability to translate audit findings into strategic insights. Demonstrated knowledge of SOX 404 regulations, compliance, and experience with control testing. Experience managing external audit relationships and optimizing third-party audit resources. Solid working knowledge of management information systems terminology, concepts, and practices. Proficiency with Microsoft Office applications (Word, Power Point and Excel).
Preferred Qualifications
Experience with institutions of similar size and complexity ($15+ billion in assets). Certified Public Accountant (CPA) required Professional certifications (CIA, CISA) strongly preferred. Background in enterprise risk management. Demonstrated ability to drive organizational change and process improvements through audit insights.
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.
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 targeted salary for this position is $250,000.00 plus 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 / 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 773-475-2900, Option #2.
If applying within the US, this role is not eligible for visa sponsorship now or in the future.
No Agency inquires at this time. Seniority level Seniority level Executive Employment type Employment type Full-time Job function Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at Byline Bank by 2x Sign in to set job alerts for “Chief Audit Executive” roles. CFO at a PE-Backed Distribution Business Chief Financial and Administrative Officer (CFAO) Chicago, IL $230,000.00-$350,000.00 1 week ago Oak Brook, IL $165,000.00-$200,000.00 6 days ago Chicago, IL $126,962.96-$215,837.03 1 month ago Managing Director, Office of the CFO // Controllership Excellence Chicago, IL $170,000.00-$350,000.00 4 days ago First Vice President & Chief Operating Officer Chicago, IL $425,000.00-$440,000.00 1 week ago Vice President for Finance and Administration and Chief Financial Officer National Client Accounting & CFO Services Leader Burr Ridge, IL $175,000.00-$190,000.00 3 days ago Director, CFO Services (OPEN TO ALL US LOCATIONS) Chicago, IL $150,000.00-$225,000.00 1 week ago Greater Chicago Area $240,000.00-$270,000.00 4 days ago PEPI: Senior Director, CFO Services - Digital Finance (OPEN TO ALL US LOCATIONS) Chicago, IL $175,000.00-$250,000.00 1 week ago Chicago, IL $156,500.00-$290,100.00 2 weeks ago Managing Director, Office of the CFO // Strategic Finance & Analytics Chicago, IL $175,000.00-$185,000.00 1 month ago Chicago, IL $194,016.00-$230,000.00 1 week ago Chicago, IL $200,000.00-$300,000.00 2 weeks ago Chicago, IL $250,000.00-$275,000.00 1 week ago Chicago, IL $165,000.00-$200,000.00 2 weeks ago Lisle, IL $300,000.00-$400,000.00 1 week ago Chicago, IL $300,000.00-$400,000.00 1 day ago Chicago, IL $130,000.00-$150,000.00 3 weeks ago Chicago, IL $130,000.00-$150,000.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Location:
Chicago, IL, United States
Salary:
$250,000 +
Job Type:
FullTime
Category:
Finance

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