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Collateral Clerk Jobs (NOW HIRING)

Kluever Law Group, LLC

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Office Services Clerk

Chicago, IL · On-site

$21 - $23/hr

Entry Level: Office Services Clerk Kluever Law Group, a boutique Chicago law firm is currently ... Original Document Custodian - Handle original collateral files as they come into the office ...

Locus

Operations Clerk

Henrico, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... Release collateral on loans such as UCCs, Titles and Deeds of Trust * Send paid loan documents to ...

New

Infojini Inc

Shipping Clerk

Coatesville, PA · On-site

$16.25 - $19/hr

This position is responsible for taking units from a conveyor (up to 10 lbs), scanning the unit, identifying and scanning the correct collateral with an RF scanner, putting all into box, sealing the ...

Infojini Inc

Shipping Clerk

Coatesville, PA

$16.25 - $19/hr

This position is responsible for taking units from a conveyor (up to 10 lbs), scanning the unit, identifying and scanning the correct collateral with an RF scanner, putting all into box, sealing the ...

PeopleShare

Universal Banker

Richmond, VA

$18 - $21/hr

Determines value of collateral. Requests additional information if required. * Accurately process a ... payable clerk, banking, teller, collections, accounts receivable clerk, banking, teller ...

DELTA BANK

LOAN CLERK

Vidalia, LA

1. Provide loan support to bank officers and other bank personnel, includes but is not limited to maintaining loan collateral, documentation and other clerical and administrative procedures ...

Delta Bank

LOAN CLERK

Vidalia, LA · On-site

1. Provide loan support to bank officers and other bank personnel, includes but is not limited to maintaining loan collateral, documentation and other clerical and administrative procedures ...

Abound Credit Union

Loan Servicing Specialist

Radcliff, KY · On-site

$17.60 - $22/hr

Maintain thorough knowledge of essential duties and functions of the Collateral Protection Specialist and Title Clerk, to act as back up or support role for these positions as needed. * Committed to ...

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Collateral Clerk information

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How much do collateral clerk jobs pay per hour?

As of Jul 22, 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 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 a collateral job?

A collateral job involves managing and safeguarding collateral assets, such as securities or property, used to secure loans or credit. Collateral clerks verify, document, and monitor these assets to ensure they meet lending requirements and comply with regulations, often using specialized software and following strict procedures.

How much is a clerk paid?

A collateral clerk's salary typically ranges from $30,000 to $50,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced clerks or those in high-cost areas can earn higher wages. Compensation often includes benefits such as health insurance and paid time off.

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 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 is the highest paying clerk job?

The highest paying clerk jobs are often in specialized fields such as legal or medical clerks, with legal clerks sometimes earning higher salaries due to the complexity of their work. Senior or supervisory clerks with additional certifications or experience can also command higher wages, especially in corporate or government settings. Salary levels depend on industry, location, and experience.

What is a collateral clerk?

A collateral clerk is responsible for managing and recording collateral assets used to secure loans or credit, ensuring proper documentation and compliance. They often work with loan documentation, collateral valuations, and may use specialized software to track asset details and statuses.

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
What job categories do people searching Collateral Clerk jobs look for? The top searched job categories for Collateral Clerk jobs are:
Collateral Clerk jobs near you
Infographic showing various Collateral Clerk job openings in the United States as of July 2026, with employment types broken down into 64% Full Time, 34% Part Time, 1% Temporary, and 1% Contract. Highlights an 100% Physical job distribution, with an average salary of $40,473 per year, or $19.5 per hour.
Office Services Clerk

Office Services Clerk

Kluever Law Group, LLC

Chicago, IL • On-site

$21 - $23/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago

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Job description

Entry Level: Office Services Clerk

Kluever Law Group, a boutique Chicago law firm is currently seeking a new member to join our team and work within our Foreclosure/Mortgage Servicing Practice Group.

This role operates in a fast-paced, highly regulated industry, serving large financial institutions. Meeting tight deadlines and adhering to compliance standards are essential.

  • The position is hybrid with 2 days onsite and 3 days remote
    • Please note that this may change based on business demands.
  • Strong candidates will be able to work independently; problem solve and be comfortable with a heavy focus on working within case management systems.
  • KLG has a strong commitment to providing a welcoming environment and encourages the growth and development of its team members.
  • Final candidates are required to pass comprehensive background checks.

Schedule: Work hours are Monday-Friday 8:30am-5:00pm, but we are willing to accommodate and provide reasonable flexibility.

Location: 200 N. LaSalle St., Suite 1880, Chicago, IL 60601

Benefits:

  • Compensation: Base hourly rates between $21.00 - $23.00
  • Comprehensive Benefits: Health insurance with the firm covering 75% of the employee PPO plan cost (Additional plans are available that include employer contributions).
    • Dental and vision plan options are available at attractive rates
  • PTO: Accrue paid time off, paid holidays & sick days
  • Retirement Plans: 401k plan and guaranteed employer match.
  • Life Insurance: Employer paid life insurance policy

Responsibilities:

  • Receptionist Duties – Taking phone calls, documenting case management system, routing calls to appropriate attorney or paralegal.
  • Printing and Mailing – Be onsite two days a week (Tuesday and Thursday) to handle printing and mailing needs for the firm.
  • Original Document Custodian – Handle original collateral files as they come into the office, properly log them, ensure their storage in the secure safe, provide them to attorneys for court when required, and return them to clients when no longer needed.
  • Court and County Runs – Going to Cook County Court House and Chicago City Hall to drop off or pick up filings, recordings, or other documents when needed.
  • Escalations - Identify and escalate unusual or complex issues to supervising attorneys and clients.
  • Electronic Filing – Filing pleadings and other court documents electronically.
  • Internal and External Communication – Providing clear, professional, and relevant communications to clients, vendors and colleagues via case management systems, phone, and email.

Experience and Skills:

  • Detail Oriented - As our clients are federally regulated financial institutions, strict compliance with applicable regulations, policies, procedures, and system processes is required.
  • Judgment - Must be comfortable taking the initiative to promptly collaborate with and seek help and input from supervisors, managers, and attorneys.
  • Independent - Must be a self-starter, dependable and reliable.
  • Multi-Task - After training is completed, you must have the ability to work independently and prioritize various tasks on the workload.
  • Technological Competence – Ability to learn and navigate various case management systems. Identify opportunities to improve systems and leverage integrations/automations to streamline workflow.

“Pluses” for Potential Candidates:

  • Bachelor's degree or associate degree preferred
  • Experience with eFiling and/or eRecording
  • Experience with CaseAware and Microsoft Office
  • Experience using financial services case management systems, such as BKFS (LPS), Tempo, and VendorScape
  • Experience searching the US Department of Defense website to perform military searches
  • Experience in real estate law, reviewing title commitments, processing deeds, or other recordable instruments

Company Description

Kluever Law Group, LLC., is a boutique Chicago-based law firm with a 25-year history of delivering exceptional results for our clients. Specializing in complex litigation, creditor’s rights, and related practice areas, we serve clients throughout Illinois and Wisconsin and have built a strong reputation for excellence, collaboration, and innovation.