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Collateral Manager Jobs in Detroit, MI (NOW HIRING)

Huntington

Collateral Analyst Sr

Bloomfield Hills, MI · On-site +1

$27.40 - $62.50/hr

The Collateral Analyst Sr handles complex customer relationships including but not limited to co ... Prepares regular reports to inform management of the overall account status. * Performs other ...

Huntington

Collateral Analyst Sr

Detroit, MI · On-site +1

$27.40 - $62.50/hr

The Collateral Analyst Sr handles complex customer relationships including but not limited to co ... Prepares regular reports to inform management of the overall account status. * Performs other ...

Huntington

Collateral Analyst Sr

Detroit, MI · On-site +1

$27.40 - $62.50/hr

The Collateral Analyst Sr handles complex customer relationships including but not limited to co ... Prepares regular reports to inform management of the overall account status. * Performs other ...

Huntington

Collateral Analyst Sr

Bloomfield Hills, MI · On-site +1

$27.40 - $62.50/hr

The Collateral Analyst Sr handles complex customer relationships including but not limited to co ... Prepares regular reports to inform management of the overall account status. * Performs other ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Position Overview The Credit Manager plays a central role in maintaining the safety and soundness ... Ensure high-quality credit analysis, including financial, cash flow, collateral, and guarantor ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Credit Manager The Credit Manager plays a central role in maintaining the safety and soundness of ... Ensure high-quality credit analysis, including financial, cash flow, collateral, and guarantor ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI

Ensure high-quality credit analysis, including financial, cash flow, collateral, and guarantor ... Partner closely with relationship managers, loan operations, compliance, and finance to support ...

Bank of Ann Arbor

Credit Manager

Ann Arbor, MI · On-site

Ensure high-quality credit analysis, including financial, cash flow, collateral, and guarantor ... Partner closely with relationship managers, loan operations, compliance, and finance to support ...

FIRST MERCHANTS

Relationship Manager IV

Royal Oak, MI · On-site

First Merchants Bank is seeking a Relationship Manager IV. This position will effectively carry out ... Ensure current credit and financial information is obtained as needed and/or that collateral is ...

City of Dearborn

BRANDING & DESIGN STRATEGIST

Dearborn, MI · On-site

$80 - $100/hr

... collateral. Manage the design process to ensure that products meet the specifications of web, social media, and other distribution channels in a timely and efficient fashion. Organize and retain all ...

Camp Dearborn

BRANDING & DESIGN STRATEGIST

Dearborn, MI · On-site

$69K/yr

... collateral. Manage the design process to ensure that products meet the specifications of web, social media, and other distribution channels in a timely and efficient fashion. Organize and retain all ...

Socket.dev

Relationship Manager IV - DRAFT

Royal Oak, MI · On-site

$100 - $125/hr

First Merchants Bank is seeking a Relationship Manager IV. This position will effectively carry out ... Ensure current credit and financial information is obtained as needed and/or that collateral is ...

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All JobsCollateral JobsCollateral Manager JobsCollateral Manager Jobs in Detroit, MI

Collateral Manager information

See Detroit, MI salary details

$25.2K

$74.7K

$125.8K

How much do collateral manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for collateral manager in Detroit, MI is $74,733.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,700.00 and $106,600.00 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 the most commonly searched types of Collateral jobs in Detroit, MI?

The most popular types of Collateral jobs in Detroit, MI are:

What are popular job titles related to Collateral Manager jobs in Detroit, MI?

For Collateral Manager jobs in Detroit, MI, the most frequently searched job titles are:

What job categories do people searching Collateral Manager jobs in Detroit, MI look for?

The top searched job categories for Collateral Manager jobs in Detroit, MI are:

What cities near Detroit, MI are hiring for Collateral Manager jobs?

Cities near Detroit, MI with the most Collateral Manager job openings:

Collateral Manager jobs near you
Infographic showing various Collateral Manager job openings in Detroit, MI as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 84% Physical, 2% Hybrid, and 14% Remote job distribution, with an average salary of $80,857 per year, or $38.9 per hour.

Collateral Analyst Sr

Bloomfield Hills, MI • On-site, Remote

Huntington
Banking and Credit Intermediation • 10K+ employees
Learn more about Huntingtonexternal

$27.40 - $62.50/hr

Full-time

Medical, Life, Retirement, PTO

Posted 26 days ago

Key responsibilities

  • Analyzes and monitors client's collateral to ensure its value and viability.

  • Prepares regular reports to inform management of the overall account status.

  • Provides customer service for a portfolio of Borrowers, including problem resolution and acting as a liaison between Borrower and Huntington Bank Business Credit personnel.

Huntington National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 174 frontline employees who took The Breakroom Quiz

67th of 176 rated banks

Job description

Description

This role can be based at any Huntington corporate office.

Summary:

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense collateral monitoring. 

Duties and Responsibilities:

  • Provides excellent customer service for a defined portfolio of Borrowers that includes problem resolution. 
  • Acts as a liaison between Borrower and Huntington Bank Business Credit personnel when necessary. 
  • Responsible for analyzing and monitoring client’s collateral to ensure the value and the viability of such. 
  • Calculates the Borrower’s available collateral in accordance with department policies and procedures. 
  • Prepares regular reports to inform management of the overall account status.
  • Performs other duties as assigned.

Basic Qualifications: 

  • 3+ years of Asset Based Lending experience
  • Associate’s Degree or equivalent in Accounting, Finance or other related fields 

Preferred Qualifications:

  • Prior ABL, Commercial Banking experience or Accounting experience

#LI-DK1

#CML


Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

$27.40 - $62.50 Hourly

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 


Huntington is an Equal Opportunity Employer.


Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.


Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.


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