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Collateral Manager Jobs in Chicago, IL (NOW HIRING)

Clear Street

Associate Director, Risk & Margin

Chicago, IL · On-site

$125K - $170K/yr

Key Responsibilities Margin and Collateral Management * Manage the daily calculation, issuance, and settlement of margin calls. * Ensure the accurate and timely management of collateral, including ...

Legalist

Content Marketing Manager

Chicago, IL · On-site

Ensure consistent messaging and visual identity across client-facing presentations and digital collateral * Manage relationships with designers, PR partners, and other external parties * Seek out ...

Meta

Energy Portfolio Manager, Wholesale

Chicago, IL

$160K/yr

Manage contract amendments, collateral requirements, credit provisions, force majeure claims, and other post-execution commercial matters under ISDA/EEI master agreements * Maintain organized ...

moomoo

Futures Operations Manager

Chicago, IL

Margin & Collateral Management: Monitor margin requirements, process margin calls, and manage collateral movements as well as daily net settlements in accordance with exchange and regulatory ...

moomoo

Futures Operations Manager

Chicago, IL · Remote

Margin & Collateral Management: Monitor margin requirements, process margin calls, and manage collateral movements as well as daily net settlements in accordance with exchange and regulatory ...

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Showing results 21-40

All JobsCollateral JobsCollateral Manager JobsCollateral Manager Jobs in Chicago, IL

Collateral Manager information

See Chicago, IL salary details

$28.4K

$84.2K

$141.8K

How much do collateral manager jobs pay per year?

As of Aug 19, 2026, the average yearly pay for collateral manager in Chicago, IL is $84,205.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,500.00 and $120,100.00 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 are popular job titles related to Collateral Manager jobs in Chicago, IL?

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

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

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

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

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

Collateral Manager jobs near you
Infographic showing various Collateral Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $84,205 per year, or $40.5 per hour.

Associate Director, Risk & Margin

Clear Street

Chicago, IL • On-site

$125K - $170K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 12 days ago

Job description

About Clear Street:
Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets.
We started from scratch by building a completely cloud-native clearing and custody system designed for today's complex, global market. Clear Street's proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency.
By combining highly-skilled product and engineering talent with seasoned finance professionals, we're building the essentials to compete in today's fast-paced markets.
Overview
Clear Street, LLC is seeking an experienced and highly motivated Associate Director to join our Risk/ Margin team. This critical role involves overseeing daily margin activities, ensuring strict compliance with both regulatory mandates and internal house requirements, and developing strategic initiatives to enhance team performance and support business expansion. The successful candidate must possess deep expertise across several key areas: financial instruments, collateral management, relevant regulatory frameworks (including Federal Reserve - Regulation T, FINRA 4210, CFTC, and SEC 18a-3), and the end-to-end front-to-back office processes related to trading and clearing.
Key Responsibilities
Margin and Collateral Management
  • Manage the daily calculation, issuance, and settlement of margin calls.
  • Ensure the accurate and timely management of collateral, including eligibility assessments, optimization, and allocation.
  • Serve as a subject matter expert for margin methodologies, requirements, and internal firm house policy.
  • Spearhead efficiency and improvements within the collateral management infrastructure and operational workflows.
Regulatory Compliance and Reporting
  • Maintain a current understanding of evolving global financial regulations impacting risk and margin
  • Ensure departmental adherence to all relevant internal policies, external regulations, and audit requirements.
  • Manage the preparation and submission of internal and external regulatory reports related to risk, capital, and collateral.
  • Serve as a key contact for regulatory examinations and internal audits related to risk controls and margin processes.
Leadership and Strategy
  • Contribute to the strategic development and implementation of the firm's overall risk framework and technology roadmap.
  • Partner with Technology, Operations, Legal, and Front Office teams to execute new product launches and process enhancements.
  • Identify and implement automation opportunities to streamline risk and margin processes, reducing operational risk.
Qualifications
Essential
  • Bachelor's degree in Finance, Economics, Quantitative Methods, or a related field.
  • 7+ years of experience in margin management , risk management, collateral operations, or a quantitative finance role within a major financial institution (e.g., investment bank, clearing house, asset manager).

Desirable
  • Experience with risk management systems or collateral management platforms.
  • Proficiency in data analysis tools and programming languages (e.g., SQL, Python, R).
  • Excellent communication skills, both written and verbal, with the ability to articulate complex risk issues to senior management and diverse stakeholders.
  • Proven expertise in risk metrics (VaR, stress testing, PFE) and margin methodologies (SIMM, SPAN, etc.).
  • Strong knowledge of global derivatives markets, secured financing transactions

We Offer:
The Base Salary Range for this role is $125,000-170,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.
At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.
Our top priority is our people. We're continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse - in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.

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