ZipRecruiter

Log In

1

Collateral Analyst Jobs in Indiana (NOW HIRING)

Farmers State Bank

Senior Credit Analyst

Lagrange, IN · On-site

This entails analyzing and documenting financial data, along with analyzing financial statement ratios, collateral adequacy, future repayment ability, reading credit reports, and evaluating customer ...

Farmers State Bank

Senior Credit Analyst

Lagrange, IN · On-site

$47.28K/yr

This entails analyzing and documenting financial data, along with analyzing financial statement ratios, collateral adequacy, future repayment ability, reading credit reports, and evaluating customer ...

next page

Showing results 1-20

People also search for

All JobsCollateral Analyst JobsCollateral Analyst Jobs in Indiana

Collateral Analyst information

See Indiana salary details

$17

$36

$53

How much do collateral analyst jobs pay per hour?

As of May 30, 2026, the average hourly pay for collateral analyst in Indiana is $36.27, according to ZipRecruiter salary data. Most workers in this role earn between $26.30 and $49.18 per hour, depending on experience, location, and employer.

What Does a Collateral Analyst Do?

A collateral analyst works for a loan company or financial institution. Their primary job duties include reviewing all collateral that is provided by a borrower to secure a potential loan. They consider all of the information provided and ensure that it meets the compliance and financial requirements for a loan. A collateral analyst may also coordinate with credit management if there are outstanding disputes over the collateral. They provide reports on all accounts and maintain a large quantity of documentation.

What are the key skills and qualifications needed to thrive as a Collateral Analyst, and why are they important?

To thrive as a Collateral Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field—often supported by a relevant degree. Familiarity with financial analysis software, loan management systems, and tools like Excel is typically required, and certifications such as CFA or CPA can be advantageous. Effective communication, problem-solving abilities, and organizational skills help set top performers apart in this role. These competencies are crucial for ensuring accurate collateral valuation and risk assessment, which support sound lending decisions and reduce financial risk for institutions.

What are some common challenges faced by Collateral Analysts and how can they be addressed?

Collateral Analysts often encounter challenges such as managing large volumes of complex data, keeping up with changing regulatory requirements, and ensuring the accuracy of collateral valuations. To address these, strong attention to detail, proficiency with financial software, and continuous professional development are essential. Regular communication with lending officers, risk teams, and clients also helps in identifying discrepancies early and maintaining compliance with industry standards.

What are Collateral Analysts?

Collateral Analysts are financial professionals who assess, monitor, and manage the value of assets pledged as collateral for loans or other financial agreements. They ensure that the collateral meets lending requirements, track its value over time, and help mitigate the lender’s risk by verifying that the collateral is sufficient to cover the loan. Their role often involves analyzing financial statements, appraisals, and market trends to make informed recommendations. Collateral Analysts typically work for banks, financial institutions, or lending companies.

What is the difference between Collateral Analyst vs Credit Analyst?

AspectCollateral AnalystCredit Analyst
Primary FocusEvaluates and manages collateral assets to mitigate risk in lendingAssesses the creditworthiness of borrowers to approve or deny loans
Required CredentialsTypically a bachelor's degree in finance, accounting, or related field; certifications like CFA are a plusSimilar credentials; often holds degrees in finance or economics; certifications like CFA are common
Work EnvironmentFinancial institutions, banks, or investment firmsBanking, financial services, or lending institutions
Common UsageUsed when analyzing collateral assets such as securities or propertyUsed when evaluating overall borrower risk and credit profiles

While both roles require financial analysis skills and similar credentials, Collateral Analysts focus on assessing collateral assets to secure loans, whereas Credit Analysts evaluate the overall creditworthiness of borrowers. Both roles are vital in lending processes within financial institutions.

More about Collateral Analyst jobs
What are popular job titles related to Collateral Analyst jobs in Indiana? For Collateral Analyst jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Collateral Analyst jobs in Indiana look for? The top searched job categories for Collateral Analyst jobs in Indiana are:
What are popular job titles related to Collateral Analyst jobs in IN? For Collateral Analyst jobs in IN, the most frequently searched job titles are:
Collateral Analyst jobs near you
Infographic showing various Collateral Analyst job openings in Indiana as of May 2026, with employment types broken down into 97% Full Time, and 3% Contract. Highlights an 85% In-person, 6% Hybrid, and 9% Remote job distribution, with an average salary of $75,445 per year, or $36.3 per hour.
Senior Credit Analyst

Senior Credit Analyst

Community First Bank of Indiana

Indianapolis, IN

Full-time

Posted 28 days ago

Job description

Job Description

At CFB, our culture is built on servant leadership, connection, integrity, and growth. We lead by putting people first, supporting our employees, serving our communities. Collaboration and innovation drive us forward, while our deep community roots remind us that what we do makes a difference beyond the bank.
We invest in the development of our people, celebrate diverse perspectives, and create opportunities to learn, grow, and lead. When you join CFB, you’re not just building a career, you’re becoming part of a team that is shaping the future of community banking.
Benefits:

  • Health, Dental, Vision Insurance
  • Bank Paid Life Insurance
  • Paid Short-Term & Long-Term Disability
  • Generous Matching 401(k) Retirement Plan
  • 3 weeks of Paid Time Off (immediate accrual)
  • Access to Earned Wages
  • Wellness Program
  • Competitive Salary
  • Tuition Reimbursement
  • Paid Holidays and 3 Float days
  • Maternity/Paternity paid leave
  • Annual bonus eligibility
  • Community Service Projects
  • Mentorship Program
  • Purchased Paid Time Off 

Objective: A Senior Credit Analyst is responsible for the research and analysis of business and personal financial information (Financial statements and tax returns) and preparation of written credit summaries while assisting the Credit Manager with managing the pipeline.    
Classification: This is a Full-Time exempt position and reports to the Credit Manager. 
Job Location(s): Howard or Hamilton County.  
 
Essential Functions: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Prepares spreadsheets as analytical tools.
  • Responsible for leading the problem loan tasks
  • Provides oversight with some managerial roles
  • Determines credit worthiness of applicants by making recommendations to Credit Manager and Loan Officers / Loan Committees.
  • Assist in training needs for others within the department and bank. 
  • Prepares written Credit Summary Reports for new and existing business clients and prepares risk ratings for the relationships reviewed.
  • Provides assistance with managing the pipeline.
  • Compiles monthly reports for presentation to the Bank’s Board of Directors.   
  • Produces quarterly special asset credit recap reports
  • Participates with other customer monitoring, including floor plan checks or collateral audits.  

Other Duties: 
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 
Competencies
  • Strong Written / Verbal Communication Proficiency
  • High proficiency in credit underwriting
  • Self-starter who works independently
  • Attention to detail/Thoroughness
  • Problem Solving abilities /Analytical / goal-oriented
  • Desire to work in a fast-paced working environment
  • Thorough Accounting knowledge, with the focus on interpreting financial statements and tax returns

Education and Experience:
  • Bachelor’s degree in Finance, Accounting or related business field.  
  • Three-five years of experience in related experience preferred
  • Strong  mathematical and analytical skills
  • Sense  of discretion and willingness to maintain strict confidentiality of  pertinent and sensitive information
  • Able  to research and evaluate data to make informed decisions and solve  problems

Apply