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Collateral Operations Analyst Jobs in Illinois (NOW HIRING)

Senior Analyst, Middle Office

Jacksonville, IL ยท On-site

$87K - $115K/yr

Senior Analyst, Middle Office (ETF Operations) Location: Jacksonville IL Employment Type: Full-time ... Strong knowledge of ETF products, including trading lifecycle, collateral management, settlements ...

Margin & Collateral Management: Monitor margin requirements, process margin calls, and manage ... Excellent analytical and problem-solving abilities. * Effective communication and leadership ...

... and collateral analysis, and other related information. * Accompanying Commercial Lenders on ... and operations. * Proficient ability to analyze and interpret financial statements. * Excellent ...

Coordinate with lenders, Loan Operations, and third parties to support loan processing ... Maintain accurate credit files, collateral records, and tracking systems (ticklers/reporting)

Showing results 21-40

Collateral Operations Analyst information

See Illinois salary details

$15

$31

$50

How much do collateral operations analyst jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for collateral operations analyst in Illinois is $31.20, according to ZipRecruiter salary data. Most workers in this role earn between $18.89 and $42.55 per hour, depending on experience, location, and employer.

What is a collateral operations analyst?

Collateral Operations Analysts are finance professionals who manage and monitor collateral used in securities trading, derivatives, and other financial transactions. They ensure that collateral is sufficient, properly allocated, and compliant with regulatory and contractual requirements. Their duties include processing margin calls, reconciling discrepancies, and communicating with counterparties. This role is essential in mitigating counterparty risk and supporting the smooth functioning of financial markets.

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

To thrive as a Collateral Operations Analyst, you need a solid understanding of financial products, collateral management processes, and strong analytical skills, often supported by a degree in finance, economics, or a related field. Familiarity with collateral management systems such as TriOptima, Murex, or Calypso, and knowledge of regulations like EMIR or Dodd-Frank, are typically required. Attention to detail, problem-solving abilities, and effective communication are crucial soft skills for managing complex transactions and collaborating with internal and external stakeholders. These skills and qualities are important to ensure accurate collateral processing, risk mitigation, and regulatory compliance in a fast-paced financial environment.

What are some common challenges faced by collateral operations analysts, and how can they be addressed?

Collateral Operations Analysts often navigate complex regulatory requirements, tight deadlines, and high transaction volumes. One common challenge is ensuring the accurate and timely reconciliation of collateral positions across multiple counterparties, which requires strong attention to detail and effective communication skills. To address these challenges, analysts benefit from utilizing robust tracking systems and collaborating closely with trading, risk, and technology teams to resolve discrepancies quickly. Continuous learning about evolving market practices and regulatory changes also helps maintain efficiency and compliance in the role.

What is the difference between Collateral Operations Analyst vs Credit Analyst?

AspectCollateral Operations AnalystCredit Analyst
Required CredentialsBachelor's degree, financial certifications (e.g., CFA, FRM)Bachelor's degree, financial certifications (e.g., CFA, CPA)
Work EnvironmentFinancial institutions, trading desks, collateral management teamsBanks, lending institutions, credit departments
Employer & Industry UsagePrimarily in asset management, trading, and collateral managementIn lending, banking, and credit risk assessment
Common Search & Comparison IntentUnderstanding operational roles in collateral managementAssessing creditworthiness and risk

The Collateral Operations Analyst focuses on managing collateral processes, ensuring proper documentation, and mitigating operational risks related to collateral. In contrast, a Credit Analyst evaluates the creditworthiness of borrowers, analyzing financial data to assess risk. Both roles require financial certifications and work within financial institutions, but they serve different functions within the industry.

What are popular job titles related to Collateral Operations Analyst jobs in Illinois?

For Collateral Operations Analyst jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Collateral Operations Analyst jobs in Illinois look for?

The top searched job categories for Collateral Operations Analyst jobs in Illinois are:

What cities in Illinois are hiring for Collateral Operations Analyst jobs?

Cities in Illinois with the most Collateral Operations Analyst job openings:

Infographic showing various Collateral Operations Analyst job openings in Illinois as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $64,889 per year, or $31.2 per hour.

Senior Analyst, Middle Office

Jobs on Cash

Jacksonville, IL โ€ข On-site

$87K - $115K/yr

Contractor

Medical, Retirement, PTO

Re-posted 14 days ago


Job description

Job Title: Senior Analyst, Middle Office (ETF Operations)

Location: Jacksonville IL

Employment Type: Full-time


Job Description:

The Senior Analyst, Middle Office (ETF Operations) will oversee trade management responsibilities for ETF operations, focusing on the trade lifecycle and ensuring efficient operation between internal and external parties. The role requires leadership in resolving complex operational and accounting issues, driving process improvements, and maintaining strong relationships with third-party vendors.


Responsibilities:

  • Trade Management Oversight: Direct trade support for equity, fixed income, and ETF products, ensuring accurate and timely execution of trades from booking to settlement.
  • Vendor Relations: Manage relationships with third-party providers, ensuring compliance with service-level agreements and industry standards.
  • Process Improvement: Identify and implement process improvements to enhance operational efficiency, control, and scalability within ETF operations.
  • Operational Leadership: Lead initiatives to optimize operations, leveraging technical expertise in ETF, equity, and fixed income products.
  • Issue Resolution: Navigate and resolve complex situations, ensuring alignment with senior management priorities and achieving timely resolutions to operational roadblocks.
  • Cross-functional Collaboration: Work with Front Office and cross-department teams to improve operational processes, addressing deficiencies through data analysis and reporting.
  • Reconciliation and Compliance: Ensure accurate third-party reconciliations and maintain compliance with policies and regulations.

Qualifications:

  • Education: Bachelor’s degree or equivalent combination of education and relevant experience.
  • Experience: 5+ years of total relevant work experience.
  • Preferred Qualifications:
    • 3+ years of experience in ETF operations or related roles.
    • Strong knowledge of ETF products, including trading lifecycle, collateral management, settlements, clearing, and reconciliations.
    • Familiarity with third-party vendor oversight and trade support.
    • Strong technical skills (e.g., Charles River IMS, SQL).
    • Leadership and initiative in driving process improvements and managing competing priorities.
    • Strong written and verbal communication skills.

Additional Information:

  • Work Flexibility: Eligible for hybrid work up to 2 days a week.
  • Compensation Package: Competitive salary with annual bonus eligibility, a generous retirement plan, health and wellness benefits, paid time off, and family care resources.
  • Work Authorization: Applicants must have work authorization in the U.S. that does not require visa sponsorship.