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Collateral Analyst Jobs in Michigan (NOW HIRING)

Collateral Analyst Sr

Grand Rapids, MI · On-site +1

$27.40 - $54.33/hr

  • Medical

  • Life

  • Retirement

  • PTO

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense ...

Collateral Analyst Sr

Detroit, MI · On-site +1

$27.40 - $54.33/hr

  • Medical

  • Life

  • Retirement

  • PTO

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense ...

Business Analyst Sr.

Grand Rapids, MI · On-site +1

$88K - $114K/yr

  • Medical

  • Life

  • Retirement

  • PTO

Monitor and manage collateral and documentation exceptions, partnering with internal and external stakeholders to research, resolve, and document issues. * Ensure compliance with regulatory ...

Business Analyst Sr.

Detroit, MI · On-site +1

$91K - $118K/yr

  • Medical

  • Life

  • Retirement

  • PTO

Monitor and manage collateral and documentation exceptions, partnering with internal and external stakeholders to research, resolve, and document issues. * Ensure compliance with regulatory ...

Prepare monthly asset collateral analysis and quarterly bank covenant reporting and other detailed analytics to support the company's borrowing Here's what you'll need: * Bachelor's Degree (Required ...

Prepare monthly asset collateral analysis and quarterly bank covenant reporting and other detailed analytics to support the company's borrowing Here's what you'll need: * Bachelor's Degree (Required ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

... collateral information for diverse types of loans, including ascertaining an appropriate loan ... Analytical - Synthesizes complex and diverse information; collects and researches data; uses ...

Credit Analyst

Marquette, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Financial, collateral, borrower, and industry analysis * Appraisal reviews and internal real estate evaluations * Identification of exceptions to loan policy * Borrower and loan grading * Business ...

Credit Analyst

Marquette, MI · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Financial, collateral, borrower, and industry analysis * Appraisal reviews and internal real estate evaluations * Identification of exceptions to loan policy * Borrower and loan grading * Business ...

Spread, review, and analyze financial statements, credit reports, collateral evaluations, and other relevant financial information of prospective borrowers. Prepare and underwrite credit ...

MI · Hybrid

$78K - $103K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Understand and analyze portfolio developments and craft the language used for marketing material, portfolio reports, and other collateral in support of capital raising activity, with a focus on large ...

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Showing results 1-20

Collateral Analyst information

See Michigan salary details

$16

$33

$48

How much do collateral analyst jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for collateral analyst in Michigan is $33.22, according to ZipRecruiter salary data. Most workers in this role earn between $24.09 and $45.05 per hour, depending on experience, location, and employer.

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 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 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.

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 is a collateral analyst?

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 job categories do people searching Collateral Analyst jobs in Michigan look for?

The top searched job categories for Collateral Analyst jobs in Michigan are:

What are popular job titles related to Collateral Analyst jobs in MI?

For Collateral Analyst jobs in MI, the most frequently searched job titles are:

Infographic showing various Collateral Analyst job openings in Michigan as of August 2026, with employment types broken down into 1% Internship, 83% Full Time, 8% Part Time, 1% Temporary, and 7% Contract. Highlights an 80% Physical, 10% Hybrid, and 10% Remote job distribution, with an average salary of $69,105 per year, or $33.2 per hour.

Collateral Analyst Sr

Huntington

Grand Rapids, MI • On-site, Remote

$27.40 - $54.33/hr

Full-time

Medical, Life, Retirement, PTO

Re-posted 12 days ago


Job description

Description

Summary:

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense collateral monitoring.

Duties and Responsibilities:

  • Provides excellent customer service for a defined portfolio of Borrowers that includes problem resolution.
  • Acts as a liaison between Borrower and Huntington Bank Business Credit personnel when necessary.
  • Responsible for analyzing and monitoring client's collateral to ensure the value and the viability of such.
  • Calculates the Borrower's available collateral in accordance with department policies and procedures.
  • Prepares regular reports to inform management of the overall account status.
  • Performs other duties as assigned.

Basic Qualifications:

  • 3+ years of Asset Based Lending experience
  • Associate's Degree or equivalent in Accounting, Finance or other related fields

Preferred Qualifications:

  • Prior ABL, Commercial Banking experience or Accounting experience

#LI-DK1

#CML


Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

No

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

$27.40 - 54.33 Hourly

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).


Huntington is an Equal Opportunity Employer.


Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.


Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.