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Collateral Inspection Jobs in Illinois (NOW HIRING)

Dieterich Bank

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

Support collateral liquidation efforts, including coordination of appraisals, evaluations, inspections, auctions, and asset sales. OREO Support * Assist in the management of Other Real Estate Owned ...

Dieterich Bank

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

Support collateral liquidation efforts, including coordination of appraisals, evaluations, inspections, auctions, and asset sales. OREO Support * Assist in the management of Other Real Estate Owned ...

First Mid

Ag/Commercial Loan Officer

Peoria, IL

$88K - $132K/yr

Monitors agricultural loan relationships through regular customer contact, farm visits, financial reviews, and collateral inspections to ensure ongoing credit quality and compliance with loan ...

First Mid

Ag/Commercial Loan Officer

Decatur, IL

$88K - $132K/yr

Monitors agricultural loan relationships through regular customer contact, farm visits, financial reviews, and collateral inspections to ensure ongoing credit quality and compliance with loan ...

NATIONAL BANK

Commercial/Ag Loan Officer

Greenville, IL · On-site

$70K - $100K/yr

Conduct farm visits, site inspections, and borrower interviews to assess business operations and collateral value. * Monitor loan performance, collect updated financial information, and ensure ...

NATIONAL BANK

Commercial/Ag Loan Officer

Highland, IL · On-site

$70K - $110K/yr

Conduct farm visits, site inspections, and borrower interviews to assess business operations and collateral value. * Monitor loan performance, collect updated financial information, and ensure ...

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Collateral Inspection information

See Illinois salary details

$17

$27

$46

How much do collateral inspection jobs pay per hour?

As of Jul 29, 2026, the average hourly pay for collateral inspection in Illinois is $27.81, according to ZipRecruiter salary data. Most workers in this role earn between $18.65 and $37.26 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Collateral Inspection position, and why are they important?

To thrive as a Collateral Inspector, you need strong attention to detail, understanding of property valuation or asset verification, and often a background in real estate, finance, or a related field. Familiarity with inspection software, digital photography, and sometimes certifications such as Certified Appraiser or Licensed Inspector are typically required. Excellent communication, time management, and problem-solving abilities help you coordinate with clients, lenders, and other stakeholders. These skills ensure accurate, thorough inspection reports that support sound financial decisions and mitigate risk for lending institutions.

What is a Collateral Inspection job?

A Collateral Inspection job involves assessing the condition, value, and existence of assets used as collateral for loans or leases. Inspectors visit locations to verify assets like vehicles, equipment, or real estate, ensuring they meet lender requirements. They document findings with photos and reports, helping financial institutions manage risk. Strong attention to detail and adherence to inspection guidelines are essential. This role often requires travel and independent work.

What are the typical daily responsibilities of a Collateral Inspector?

Collateral Inspectors spend their days visiting various properties or assets to verify their condition, ensure they match provided documentation, and note any discrepancies or damage. This often includes taking detailed photos, completing standardized inspection reports, and communicating findings to financial institutions or clients. Inspectors may work independently but frequently interact with property owners, real estate agents, and lenders to coordinate appointments and clarify information. Staying organized and managing appointments efficiently is crucial, as each day may involve multiple site visits with tight deadlines.

What are the most commonly searched types of Collateral Inspection jobs in Illinois? The most popular types of Collateral Inspection jobs in Illinois are:
What are popular job titles related to Collateral Inspection jobs in Illinois? For Collateral Inspection jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Collateral Inspection jobs in Illinois look for? The top searched job categories for Collateral Inspection jobs in Illinois are:
Collateral Inspection jobs near you
Infographic showing various Collateral Inspection job openings in Illinois as of July 2026, with employment types broken down into 92% Full Time, 6% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $57,844 per year, or $27.8 per hour.

Collateral Management Consultant

BizTek People, Inc. | APA International Placement Consultants

Chicago, IL • On-site

Contractor

Re-posted 3 days ago

Job description


  • Job Title: Collateral Management Consultant
Work Arrangement
  • Hybrid: Primarily remote, with one onsite day per month required.
  • Location: Chicago, IL (311 South Wacker Drive)
Responsibilities
  • Inspect system-generated collateral calls for accuracy before issuance.
  • Issue and process daily margin calls for bilateral agreements under a CSA, cleared agreements, and affiliate margin.
  • Communicate directly with counterparties to ensure proper collateral exchange.
  • Post system entries in internal and industry platforms to recognize and settle agreed-upon margin calls.
  • Investigate and escalate disputes and discrepancies.
  • Settle month-end collateral margin interest with external counterparties and affiliates.
  • Perform nightly reconciliations between custodians, counterparties, and internal books/records.
  • Identify and escalate system issues to the overnight IT staff.
  • Collaborate with internal teams, including Credit, Legal, Finance, and Trading.
Schedule
  • Hours: 7 PM - 3 AM CST (Sunday - Friday)
  • Work Week: Begins Sunday at 7 PM and ends Friday at 3 AM (supporting Asian and European clients).
  • In-person training required.
Qualifications
  • Experience: 1+ years in Collateral Management.
  • Required Skills:
    • Collateral Management
    • Finance
    • Trading
    • Operations
    • Reconciliations

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