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Collateral Manager Jobs in Itasca, IL (NOW HIRING)

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

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 ...

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 ...

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 ...

Ad Sales Marketing Manager

Chicago, IL ยท On-site

$100K - $110K/yr

This role sits at the intersection of creative production and project execution - developing and managing sales collateral, pitch assets, sponsorship packages, and pre- and post-campaign elements ...

Product Marketing Manager

Chicago, IL ยท On-site

$158K/yr

Gather feedback from Sales and Customer Success to continuously improve messaging and collateral ... Strong project management skills and ability to manage multiple workstreams at once. * Comfort ...

Gather feedback from Sales and Customer Success to continuously improve messaging and collateral ... Strong project management skills and ability to manage multiple workstreams at once. * Comfort ...

Product Marketing Manager

Chicago, IL ยท On-site

$158K/yr

Gather feedback from Sales and Customer Success to continuously improve messaging and collateral ... Strong project management skills and ability to manage multiple workstreams at once. * Comfort ...

The role supports Production, Project Management, Warehouse, and Quality Assurance by ensuring that job documentation and collateral remain complete, secure, traceable, and readily available. The QA ...

Quality Assurance Clerk

Niles, IL ยท On-site

$20 - $25/hr

The role supports Production, Project Management, Warehouse, and Quality Assurance by ensuring that job documentation and collateral remain complete, secure, traceable, and readily available. The QA ...

Showing results 21-40

Collateral Manager information

See Itasca, IL salary details

$26.8K

$79.5K

$133.9K

How much do collateral manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for collateral manager in Itasca, IL is $79,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,700.00 and $113,400.00 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 Itasca, IL look for?

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

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

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

Infographic showing various Collateral Manager job openings in Itasca, IL as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $79,525 per year, or $38.2 per hour.

Trade Confirmation & Settlement Associate

Guggenheim Investments

Chicago, IL โ€ข On-site

$100K - $105K/yr

Full-time

Re-posted 16 days ago


Job description

Position Summary
Guggenheim Investments is seeking a candidate interested in gaining cross-team skill development to join its Transaction Services department within the Investment Management Operations business. The Transaction Services department is comprised of Allocations, Trade Confirmation, Settlements, and Collateral Management. In this role, one will be trained on the core concepts and tasks of each group (Allocations, Confirmation & Settlements, Collateral Management), preparing them to obtain a broader skill set and extensive full-cycle knowledge of Transaction Services. One has the opportunity to work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.
This position is located in our Chicago offices.
Responsibilities
Key Responsibilities
  • Allocate, confirm, clear, and ensure settlement of all fixed income and equity trades, including repurchase agreements, as well as both Over-The-Counter and Exchange Traded Derivatives including options, swaps, and futures.
  • Act as an intermediary for all fixed income trades, including gathering demand and producing the final allocation among various portfolios.
  • Enter trade allocations into an order management system.
  • Document and maintain trade allocation archives.
  • Participate in monthly performance dispersion analysis with member of Risk and Investment Performance team.
  • Monitor settlement of all trades and ensure timely resolution of any failing transaction.
  • Issue, receive and answer all margin calls across OTC, cleared swap, futures, repo and prime brokerage.
  • Ensure trades are accurately transmitted to third parties including custodians and administrators working to resolve any discrepancies in a timely manner.
  • Communicate professionally and effectively with all brokers and counterparties and seek to expand business relationships.
  • Work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.
  • Participate in department and firm-wide projects aimed to increase efficiency and minimize risk including those with systems vendors and information technology.
  • Assist in the development and documentation of procedures and controls within the business unit.
  • Serve as the primary lead with respect to internal audit and annual reviews of the allocations, confirmation, settlement, and collateral policies and procedures.

Qualifications
Basic Qualifications
  • Bachelor's degree with a preferred concentration in a business-related field.
  • Minimum of 2-4 years of experience in an operational role within financial services.

Preferred Qualifications
  • Broad understanding of Fixed Income, equity, financing and derivative products and the operational workflows.
  • Knowledge of various industry tools such as Blackrock Solutions Aladdin, Omgeo, Bloomberg, DTCC, MarkitSERV and CLS as well as clearing institutions.
  • Motivated team player who has a collaborative mindset to resolve issues both within and outside of the department.
  • Desire to drive change within the operational workflow and dedication always improving the group's processes.
  • Excellent communication skills to interact with brokers and counterparties as well as various levels of management within the firm.
  • Ability to operate in a stressful, deadline driven environment while still maintaining a strict attention to detail and an ability to prioritize issues appropriately
  • Proficiency in Excel and a desire to implement workflow tools is desired but not required.

We are not seeking agency assistance with this position.
Salary Range
Annual base salary between
$100,000.00-$105,000.00
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.