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Collateral Manager Jobs in Amherst, MA (NOW HIRING)

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Collateral Manager information

See Amherst, MA salary details

$27.1K

$80.4K

$135.4K

How much do collateral manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for collateral manager in Amherst, MA is $80,440.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,200.00 and $114,700.00 per year, depending on experience, location, and employer.

What does a collateral manager do?

A Collateral Manager is responsible for overseeing the management, monitoring, and optimization of collateral used in financial transactions, such as loans, derivatives, and securities lending. Their main duties include ensuring that sufficient collateral is available to mitigate credit risk, managing margin calls, and ensuring compliance with regulatory requirements. They also work closely with trading, risk, and operations teams to ensure the smooth and efficient handling of collateral across various transactions.

What are some common challenges faced by collateral managers and how can they be effectively managed?

Collateral Managers often encounter challenges such as managing tight deadlines, ensuring accurate valuation of assets, and keeping up with regulatory changes. Effective organization and strong attention to detail are essential to handle daily reconciliations and exception management. Collaborating closely with trading desks, risk teams, and external counterparties helps resolve discrepancies quickly and maintain compliance. Continuous professional development and staying updated on industry regulations also play a key role in overcoming these challenges.

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

To thrive as a Collateral Manager, you need strong analytical skills, attention to detail, and a solid understanding of financial markets and risk management, usually backed by a degree in finance, economics, or a related field. Familiarity with collateral management systems, settlement platforms, and regulatory tools such as TriOptima or AcadiaSoft, as well as relevant certifications like CFA or FRM, is often required. Excellent communication, organizational skills, and the ability to work under pressure are valuable soft skills in this role. These competencies ensure effective risk mitigation, regulatory compliance, and smooth operations in managing collateral for financial transactions.

What is the difference between Collateral Manager vs Credit Analyst?

AspectCollateral ManagerCredit Analyst
Primary RoleManages and monitors collateral assets to mitigate risk in lendingAssesses creditworthiness of borrowers and analyzes financial data
Required CredentialsTypically requires finance, banking, or related certifications; experience in asset managementOften requires finance, accounting, or related certifications; strong analytical skills
Work EnvironmentFinancial institutions, banks, asset management firmsBanks, lending institutions, credit agencies
Industry UsageCommonly used in lending, asset-backed securities, and risk managementUsed in credit risk assessment, loan approval, and financial analysis

The main difference is that Collateral Managers focus on managing collateral assets to reduce risk, while Credit Analysts evaluate the creditworthiness of borrowers. Both roles require financial expertise and are integral to lending and risk management in financial institutions.

What job categories do people searching Collateral Manager jobs in Amherst, MA look for?

The top searched job categories for Collateral Manager jobs in Amherst, MA are:

What cities near Amherst, MA are hiring for Collateral Manager jobs?

Cities near Amherst, MA with the most Collateral Manager job openings:

Infographic showing various Collateral Manager job openings in Amherst, MA as of August 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $80,440 per year, or $38.7 per hour.

Senior Specialist, Project Engagement (Hybrid Schedule)

Eversource Energy

Springfield, MA • On-site

Full-time

Posted 6 days ago


Eversource Energy rating

8.7

Company rating: 8.7 out of 10

Based on 68 frontline employees who took The Breakroom Quiz

9th of 53 rated energy and utility


Job description

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.
Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change.
Eversource is looking for a Senior Specialist, Project Engagement in Springfield, MA. As part of a project-based matrixed organization and working with Project Team members, subject matter experts (SMEs), other Eversource departments and external stakeholders, develop and manage stakeholder outreach strategies and tactics in support of Transmission and other right of way (ROW) work ("projects" or "project"). Responsible for developing and managing the coordination, timing and execution of specialized stakeholder outreach plans and managing a team of field outreach representatives that are the designated liaisons between targeted stakeholders and Project Teams/SMEs for a portfolio of projects. Lead the internal coordination of all construction, maintenance, and other activities within the Company's ROWs to ensure that messages conveyed to property owners, municipal officials and other key stakeholders are clear, consistent and aligned. Responsible for managing and mitigating risk to the projects' scope, schedule and cost due to stakeholder intervention.
Project support may be required in any of the three states in Eversource's footprint but primary responsibilities for this position resides in Western Massachusetts.
Essential Functions:
  • For multiple Transmission and/or Distribution projects and other work activities in the Eversource rights of way, create and manage the implementation of specific outreach strategies and tactics applicable to all stakeholders, including property owners, municipal officials, regulators, legislators, and/or advocacy groups, collaborating with respective SMEs, e.g., Community Relations, Corp Communications, Media Relations, Gov't Affairs, Regulatory, Environmental, Real Estate, etc., as needed.
  • Responsible for day-to-day oversight of multiple field outreach representatives (contractor), including oversight of their contracts and review/approval of monthly invoices. Work with field outreach representatives on development and execution of outreach strategies and tactics for planned right of way and/or station project activities. Provide guidance on response to escalated stakeholder issues and manage these issues to resolution, updating upper management and other interested and affected stakeholders, as appropriate, to minimize risk to the project and potential for further escalation.
  • Participate in field constructability reviews/site walkdowns to assess project risk and property/community impacts, and aide in the development of impact mitigation plans, outreach strategy and associated tactics; assess required level of outreach support; and assign resources.
  • Coordinate Project Impact Mitigation and ROW Coordination processes with Project Leads and others, as needed, to ensure consistency of messaging for all stakeholders - e.g., municipal, NGOs, property owners, etc. Lead ROW Work Coordination meetings on behalf of the Transmission and Distribution organization, bringing together representatives from applicable disciplines across the Company to discuss and coordinate upcoming ROW activities.
  • Manage Project-related interactions with local elected and other officials, i.e., municipal CEO and staff, working with Community Relations and others as needed; and maintain communications with municipal leaders in order to identify opportunities/means to address municipal project-related concerns.
  • Develop project-specific, nuanced messaging and related materials for affected property owners, municipal leaders, and other stakeholders, ensuring alignment with Corporate messaging. Develop and manage timing of release of all project-based collateral materials, Project web pages (as needed), and correspondence to affected stakeholders.
  • Ensure compliance with non-regulatory commitments and agreements made with affected stakeholders, e.g., property or business owner, municipality, etc., pursuant to project work activities, including but not limited to:
    • Abutting property owner issue management
    • Negotiated ROW access
    • Work hours
    • Restoration of impacted properties
    • Potential business interruption
    • Property damage
  • Work with Company subject matter experts, e.g., Project Management, Siting, Environmental, Real Estate, Construction, Community Relations and others as needed, to develop necessary presentations and project materials to support liaison responsibilities.
  • Manage notification of municipal and safety officials, local residents and media (as warranted and through Media Relations) regarding impacts of high-profile events (e.g. splice implosions, auto-transformer deliveries, helicopter wire stringing, blasting, etc.).
  • Manage development of "focus area" lists to anticipate and accommodate property and community impacts, issues, concerns, inquiries, and complaints, abutting proper owners and other residents/businesses, NGOs, etc., that inevitably will arise during construction or other project work.
  • Manage the public logistics associated with permitting and siting hearings, as appropriate, and related processes conducted by local and/or state siting councils/boards as required.
  • Work with Project Management and manage ongoing training of all field contractors (e.g., survey, environmental, construction, etc.) to ensure their compliance with project standards related public interactions, permitting/siting requirements (e.g., access, work hours), local municipal agreements, and individual residential and business accommodations.
  • Mitigate project-related issues regarding property damage, perceived property value impacts working with Real Estate, business interruption and other concerns using the established dispute resolution process and/or work with Legal and Insurance, as needed, to help manage resolution through the corporate Claims process.

Technical Knowledge/Skill/Education/Licenses/Certifications:
Technical Knowledge/Skills:
  • Strong leadership capabilities; ability to manage multiple priorities in a fast-paced environment
  • Strong ability to provide both strategic insight and perform detail-based analysis
  • Excellent written and verbal communication skills
  • Proven track record in planning, coordinating, and managing various projects
  • Ability to interact effectively with property owners, businesses, municipal officials, business organizations, environmental groups, and community-based organizations
  • Basic understanding of Federal and state siting and permitting requirements
  • Foundational understanding of transmission and distribution rights of way and building of related facilities
  • Experience in management and oversight of contractors preferred
  • Experience in managing contracts and reviewing invoices preferred
  • Bilingual English / Spanish preferred but not required.

Education:
  • Bachelor's Degree in Business Administration, Marketing, Business Management, Communications or similar discipline or equivalent experience.

Experience:
  • Minimum of five to eight years utility, community outreach, project management or related experience. Stakeholder relationship-building, personnel management and team building experience preferred.

Licenses & Certification:
  • Valid motor vehicle license is required

Working Conditions:
  • Project support may be required in any of the three states in Eversource's footprint but primary responsibilities for this position resides in Western Massachusetts.
  • Must be available to work emergency storm assignment as required.
  • Must be available to travel between MA/CT/NH as necessary.

#LI-ES3
#tranajd
Competencies:
Build trusting relationships
Manage and develop people
Foster teamwork and cross-functional collaboration
Lead change
Communicate strategic vision
Create an engaged workforce
Focus on the customer
Take ownership & accountability
Compensation and Benefits:
Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:
$115,690.00-$128,540.00
Worker Type:
Regular
Number of Openings:
1
Emergency Response:
Responding to emergency situations to meet customers' needs is part of every employee's role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
EEO Statement:
Eversource Energy is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.
VEVRRA Federal Contractor

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