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Collateral Analyst Jobs in Chicago, IL (NOW HIRING)

Processing Analyst I

Lake Forest, IL · On-site

$50K - $53K/yr

... company's collateral by reviewing, verifying, reconciling and processing Premium Finance (PF ... Analyze loan documents and address processing requirements to accept new and endorsed PF agreements ...

Processing Analyst I

Lake Forest, IL · On-site

$50K - $53K/yr

... company's collateral by reviewing, verifying, reconciling and processing Premium Finance (PF ... Specific activities may change from time to time. 1. Analyze loan documents and address processing ...

... company's collateral by reviewing, verifying, reconciling and processing Premium Finance (PF ... Specific activities may change from time to time. 1. Analyze loan documents and address processing ...

Strong knowledge of Fixed Income accounting for bonds, funding instruments, collateral, MBS, CLO, Swaps, etc. * Strong analytical ability to perform full range of problem-solving tasks - ability to ...

... Understands Collateral Space Understands Trade Life Cycle (+) Summit Experience (+) Previous ... Performs feasibility analysis, scopes project, recommends alternativesolutions, project strategy ...

Showing results 41-60

Collateral Analyst information

See Chicago, IL salary details

$19

$39

$57

How much do collateral analyst jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for collateral analyst in Chicago, IL is $39.30, according to ZipRecruiter salary data. Most workers in this role earn between $28.51 and $53.27 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 are popular job titles related to Collateral Analyst jobs in Chicago, IL?

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

What job categories do people searching Collateral Analyst jobs in Chicago, IL look for?

The top searched job categories for Collateral Analyst jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Collateral Analyst jobs?

Cities near Chicago, IL with the most Collateral Analyst job openings:

Infographic showing various Collateral Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 1% Internship, 85% Full Time, 8% Part Time, and 6% Contract. Highlights an 83% Physical, 8% Hybrid, and 9% Remote job distribution, with an average salary of $81,740 per year, or $39.3 per hour.

Credit Analyst - To 85K - Des Plaines, IL - Job 3594

The Symicor Group

Des Plaines, IL • On-site

$85K/yr

Full-time

Re-posted 12 days ago


Job description

Credit Analyst - To $85K - Des Plaines, IL - Job # 3594
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Credit Analyst role in the Des Plaines, IL area. The position is responsible for the analysis of financial statements and other relevant factors that accurately assess the credit worthiness of new commercial credit requests and identifies and mitigates key risks. This individual will present findings and recommendations in concise written reports which focus on cash flow and ability to repay and include evaluation of collateral and appropriate structure and terms. The Commercial Credit Analyst performs ongoing reviews of the financial condition of existing commercial borrowers.
The opportunity has a generous salary of up to $85K and a benefits package. (This is not a remote position).
Credit Analyst responsibilities include:
  • Responsible for preparing basis and comprehensive credit analyses on commercial loans that facilitates the credit approval process for use by loan officers or committees in the making of lending decisions regarding new, renewal, and extension loans.
  • Thoroughly analyzes the most complex commercial credits. Analyzing factors such as income growth, margins, trends, quality of management, market shares, industry risks and collateral assessment. Submits credit approval documents to appropriate personnel for decision making.
  • Analyze & create loan presentations for the commercial loan committee.
  • Assist lenders in evaluating credit proposals and proper structure.
  • Grade new and existing loans.
  • Prepare financial projections and stress tests.
  • Present financial information to the loan committee and vote on loan presentations.
  • Prepare audits on commercial loans for documentation and credit exceptions, provide recommendations. Maintain a list of ongoing loan exceptions.
  • Analyze participations and present them to the loan committee.
  • Administration of LaserPro software, including weekly updating of interest rates.
  • Assisting with the implementation of oversight of document imaging and document tracking. Review commercial appraisals.
  • Prepare real estate evaluations.
  • Maintain a list of loans to be funded.

Who Are You?
You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
  • Bachelor's Degree in a related field of study preferred specialized financial analysis training.
  • Five or more years of experience as a Credit Analyst required.
  • Experienced in preparing credit presentations.
  • Able to manage/process/track annual reviews of the necessary credits.
  • Thorough knowledge of current lending and loan review regulations and banking regulations, procedures, and operations.
  • Proficient ability to analyze and interpret financial statements.
  • Excellent written and verbal communication skills.
  • Strong organizational skills with an eye for detail.
  • Ability to multi-task.
  • Adept with spreadsheet and word processing software as well as have experience working in a digital office environment.

The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com