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Associate Collateral Management Jobs in Illinois

Ag Lending Support Associate

IL · On-site

$16.01 - $18.41/hr

... collateral and loan information, and preparing loan documents. This associate is also responsible ... Prepare loan boarding input documents for servicing, facilitating smooth loan management and ...

Ag Lending Support Associate

Mcleansboro, IL · On-site

$16.01 - $18.41/hr

... collateral and loan information, and preparing loan documents. This associate is also responsible ... Prepare loan boarding input documents for servicing, facilitating smooth loan management and ...

Marketing Associate

Chicago, IL · On-site

$43K - $50K/yr

Work with the Business Managers to provide marketing support for account sales plans. * Assist the ... collateral. * Identify potential new channels and develop and implement activities to create ...

Layout company newsletters and other marketing collateral. * Support Events, Campaigns, Social and ... Submit work for review and incorporate feedback from managers and stakeholders. * Coordinate ...

Showing results 21-40

Associate Collateral Management information

See Illinois salary details

$30.5K

$128.9K

$304.8K

How much do associate collateral management jobs pay per year?

As of Aug 14, 2026, the average yearly pay for associate collateral management in Illinois is $128,940.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,600.00 and $195,700.00 per year, depending on experience, location, and employer.

What does an associate collateral management do?

An associate collateral management professional is responsible for monitoring and managing the collateral used in financial transactions to ensure compliance with regulations and counterparty requirements. They verify collateral adequacy, process margin calls, and maintain accurate records using specialized software, supporting risk mitigation and operational efficiency in trading environments.

What is an associate collateral manager?

Associate Collateral Managers are financial professionals responsible for supporting the management and monitoring of collateral used in trading and lending transactions, typically within banks or investment firms. They help ensure that sufficient collateral is maintained to mitigate counterparty risk and comply with regulatory requirements. Their duties often include processing collateral movements, performing reconciliations, resolving discrepancies, and communicating with internal teams or external clients. This role requires attention to detail, strong organizational skills, and a good understanding of financial products and markets.

What are the key skills and qualifications needed to thrive as an associate collateral manager?

To thrive as an Associate Collateral Management, you need a solid understanding of finance, risk management, and collateral principles, usually backed by a relevant degree in finance, economics, or a related field. Familiarity with collateral management systems (such as TriOptima or Calypso), Excel, and regulatory frameworks like EMIR or Dodd-Frank is typically required. Strong attention to detail, analytical thinking, and effective communication are critical soft skills for success in this role. These competencies are essential for ensuring accurate collateral processing, minimizing operational risk, and maintaining regulatory compliance in a fast-paced financial environment.

What is the difference between Associate Collateral Management vs Associate Credit Risk?

AspectAssociate Collateral ManagementAssociate Credit Risk
Required CredentialsBachelor's degree, financial certifications often preferredBachelor's degree, financial or risk management certifications beneficial
Work EnvironmentFinancial institutions, trading floors, risk departmentsBanking, investment firms, credit departments
Employer & Industry UsageUsed in asset management, banking, tradingCommon in banking, lending, and investment sectors
Search & Comparison IntentUnderstanding collateral processes, risk mitigationAssessing creditworthiness, risk analysis

Associate Collateral Management focuses on managing collateral to mitigate risk in trading and lending activities, while Associate Credit Risk evaluates the creditworthiness of clients and manages related risks. Both roles require financial knowledge and are integral to risk management in financial institutions, but they emphasize different aspects of risk control.

What are some typical challenges faced by an associate collateral manager, and how can they be overcome?

Associate Collateral Management professionals often encounter challenges such as managing tight deadlines, dealing with complex and high-volume transactions, and maintaining accurate records to minimize risk exposure. Effective communication and strong attention to detail are crucial when coordinating with internal teams and external counterparties. Leveraging technology tools, staying organized, and continuously updating regulatory knowledge can help overcome these challenges and ensure smooth collateral operations.

What are the most commonly searched types of Collateral Management jobs in Illinois?

The most popular types of Collateral Management jobs in Illinois are:

What are popular job titles related to Associate Collateral Management jobs in Illinois?

For Associate Collateral Management jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Associate Collateral Management jobs in Illinois look for?

The top searched job categories for Associate Collateral Management jobs in Illinois are:

What cities in Illinois are hiring for Associate Collateral Management jobs?

Cities in Illinois with the most Associate Collateral Management job openings:

Loan Servicing Associate

RF RENOVO MANAGEMENT COMPANY LLC

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 4 days ago


Job description

Position: Loan Servicing Associate

Who We Are:

Renovo Financial is a rapidly growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions- oriented approach is just two reasons why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies. Come join us, its “win-win!”

Position Summary:

The Servicing Department’s primary responsibility is to manage all transactions throughout the life of a loan post-closing. The Loan Servicing Associate is responsible for processing all transactions related to the loan in the servicing system. This entails utilizing several different sources of data and coordinating with other members of the Servicing Department and with other aspects of the business. In this capacity the Loan Servicing Associate must demonstrate an ability to work both within the Servicing Department and across other departments to complete required tasks in a timely and accurate manner. Proficiency in Microsoft Office is required and experience with Salesforce is a plus. The role of the Loan Servicing Associate encompasses the following responsibilities:

  • Intake collateral from newly closed loans
  • On-board newly closed loans
  • Input and maintain loan terms and escrow accounts
  • Manage daily draw disbursements
  • Manage maturity default interest tracking and enter default interest charges
  • Make payment entries for loans with interest reserves
  • Process monthly payments and statements
  • Draft loan modifications, extensions, and releases
  • Draft payoff statements while accounting for any fees, holdbacks, or special conditions
  • Process received payoffs
  • Coordinate with accounting team for balance discrepancies
  • Receive mail related to loan servicing
  • Take calls from title companies and customers
  • Manage customer service inquiries as needed
  • Other duties as assigned
Ideal Candidate:

The ideal candidate for this role will have:

  • Preference of someone in the Chicagoland area as this is a hybrid work from home – in-office position.
  • Ability to multi-task while maintaining high attention to detail
  • Manage daily tasks and prioritize workload independently
  • Ability to interface with all levels of the organization from loan closers to senior management
  • Team-player that will work to find solutions
  • Strong problem-solving and critical thinking skills
  • Previous experience in loan servicing is a plus but not required
  • Proficiency in Microsoft Office is required
  • Experience with Salesforce is a plus
  • Experience with real estate a plus but not required
Behavioral Characteristics:
  • Self-Motivated: You take on tasks without waiting to be told what to do
  • Positive Attitude: You approach situations with a proactive and positive attitude
  • Determined: You stay on course even during difficult assignments and you crave opportunity for advancement
  • Team Player: You believe that to be successful you need to leverage and trust your team. You lead by example.
  • Openminded: Always seeks to find and develop creative solutions

Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexual orientation, gender identity and expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.

Renovo offers a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, maternity benefits and more.