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Collateral Clerk Jobs (NOW HIRING)

Shipping Clerk

Coatesville, PA ยท On-site

$16.25 - $19/hr

Shipping Clerk Location: Coatesville, PA 19320 Duration: 6 to 12 Months Client: CTDI Job Desciption ... and scanning the correct collateral with an RF scanner, putting all into box, sealing the box ...

... Clerk for further handling. All items delivered must be processed accurately and within NTC ... The Collateral File Processor will be working with original loan files, including negotiable ...

Collateral File Processor

Palm Harbor, FL ยท On-site

$15 - $16/hr

... Clerk for further handling. All items delivered must be processed accurately and within NTC ... The Collateral File Processor will be working with original loan files, including negotiable ...

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Collateral Clerk information

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$13

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$24

How much do collateral clerk jobs pay per hour?

As of May 31, 2026, the average hourly pay for collateral clerk in the United States is $19.46, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.63 per hour, depending on experience, location, and employer.

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

To thrive as a Collateral Clerk, strong organizational skills, attention to detail, and basic knowledge of finance or banking procedures are essential, typically supported by a high school diploma or equivalent. Familiarity with loan processing software, document management systems, and Microsoft Office Suite is often required. Excellent communication, time management, and problem-solving abilities help a Collateral Clerk efficiently manage paperwork and interact with clients or team members. These skills and qualifications ensure the accurate handling of collateral documents, regulatory compliance, and the smooth operation of financial transactions.

What are the most common challenges a Collateral Clerk faces when managing large volumes of loan documentation?

Collateral Clerks often face challenges in ensuring the accuracy and completeness of extensive loan documentation, particularly when dealing with multiple clients and tight deadlines. Staying organized and maintaining meticulous records is crucial, as errors or missing information can delay loan processing or lead to compliance issues. Additionally, Collateral Clerks must frequently collaborate with loan officers, underwriters, and customers to resolve discrepancies or gather missing documents. Developing strong attention to detail and effective communication skills can help overcome these challenges and contribute to a smooth workflow.

What are Collateral Clerks?

Collateral Clerks are administrative professionals who manage and process documents related to collateral, such as loans, securities, or property held by financial institutions as security for repayment. They verify documentation, track collateral status, and ensure compliance with regulatory requirements. Their work supports loan officers and other banking staff by maintaining accurate records and facilitating smooth transactions. Attention to detail and knowledge of financial documentation are essential for this role.

What is the difference between Collateral Clerk vs Loan Processor?

AspectCollateral ClerkLoan Processor
Primary RoleManages and verifies collateral documentation and recordsReviews and processes loan applications and documentation
CertificationsTypically none required, but familiarity with collateral management is helpfulOften requires loan processing or banking certifications
Work EnvironmentBanking or financial institutions, handling collateral documentationLoan departments within banks or lenders, handling application processing
Common TasksVerifying collateral details, maintaining recordsGathering documents, verifying borrower information, preparing loan files

While both roles operate within financial institutions, a Collateral Clerk primarily manages collateral documentation, whereas a Loan Processor focuses on reviewing and processing loan applications. The roles often overlap in banking environments, but each has distinct responsibilities related to loan and collateral management.

More about Collateral Clerk jobs
Infographic showing various Collateral Clerk job openings in the United States as of May 2026, with employment types broken down into 59% Full Time, 39% Part Time, 1% Temporary, and 1% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $40,473 per year, or $19.5 per hour.

Collateral Specialist I

Stellantis Financial Services US

Houston, TX โ€ข On-site

Full-time

Posted 2 days ago


Job description

Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroรซn, Dodge, DS Automobiles, Fiat, Jeepยฎ, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.
Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience
Position Summary:
The Collateral Specialist I is responsible for assisting the management of Stellantis Financial collateral by working with other partners, vendors, dealers, as well as support departments within the company, to ensure collateral documents are received and transferred to the custodian in a timely manner.
Essential Duties and Responsibilities:
  • Assist with creating and preparing outstanding reports and acts as a liaison with the collateral manager and other SFS departments.
  • Act as a liaison between SFS Alliance partners, banks, affiliates, and vendors on collateral exceptions, securitizations, close-outs and any other activity involving SFS collateral.
  • Work with electronic files and documents provided by vendors, partners, banks and affiliates.
  • Work vendor and in house reports to clear outstanding exceptions for missing documents and title paperwork in accordance with SFS policies and procedures to maintain quality.
  • Collaborate with the Collateral Clerk and Title Clerk to track collateral files being sent to the custodian as well as the Titles department and the Houston Title Inventory and other SFS departments.
  • Prepare reports for the various business units and by various statuses for use by staff and management and maintain stats on production.
  • Prepare and send letters to borrowers or dealership on outstanding titles.
  • Escalate unresolved collateral and titling issues to Lead / Supervisor / Manager for further action.
  • Perform other clerical duties as needed such as filing, scanning, photocopying or faxing documents, ordering supplies and processing invoices.
  • Maintain confidentiality due to regular access to specified personal information of consumers, including, but not limited to, Social Security numbers and dates of birth.
  • Other duties may be assigned; responsibilities and activities may change.

Qualifications and Competencies Required: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
  • Minimum 1 year experience working with collateral management or similar processes.

Education:
  • High school diploma and or/GED.

Skills Required:
  • Good analytical and organizational skills with close attention to detail.
  • Intermediate MS Office skill in Excel, Access, Word, and PowerPoint.
  • Excellent oral and written communication skills.
  • Ability to interface work autonomously and handle multiple projects simultaneously.

Overtime required - required on an as needed basis.
Travel 0-10% - as required on an as needed basis.
Must have reliable transportation and live within a commutable distance to one of the following cities: Houston, TX
Qualifications Preferred:
  • Minimum 1 year experience in Auto Industry, loan processing or title administration.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Work Schedule: This position requires the ability to work various shifts to accommodate business needs. Typically, between the hours of 8AM-6PM Monday through Friday and on weekends as needed. Travel is required 10% of the time.
An applicant must be authorized to work in the United States to be eligible for this position. Stellantis Financial Services, Inc. will not sponsor applicants for work visas of any type for this position.
Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience, conduct and other legitimate business reasons.