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Collateral Operations Analyst Jobs in Hazel Crest, IL

ABL Operations Specialist

Chicago, IL · On-site

$59K - $77K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Promote from within culture The ABL Operations Specialist manages all ... the daily collateral and loan analysis for their assigned portfolio of clients. What You'll Do

ABL Operations Specialist

Chicago, IL · On-site

$59K - $77K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Promote from within culture The ABL Operations Specialist manages all ... the daily collateral and loan analysis for their assigned portfolio of clients. What You'll Do

Associate Director, Risk & Margin

Chicago, IL · On-site

$125K - $170K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

... the collateral management infrastructure and operational workflows. Regulatory Compliance and ... Proficiency in data analysis tools and programming languages (e.g., SQL, Python, R). * Excellent ...

(Sr) Associate, Strategy & Operations

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Life

The (Sr)Associate - Sequencing Strategy & Operations role provides critical operational, analytical ... collateral, and maintaining website content. * Source biotech and research customer targets by ...

(Sr) Associate, Strategy & Operations

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Life

The (Sr)Associate - Sequencing Strategy & Operations role provides critical operational, analytical ... collateral, and maintaining website content. * Source biotech and research customer targets by ...

Utilize and analyze all available resources to prepare the credit approval document, Change in ... Collateral Operations. * Complete internal and external post-closing items. * Complete the ...

Commercial Loan Operations Specialist

Merrillville, IN · On-site

$19/hr

  • Medical

  • Retirement

  • PTO

This role works closely with Commercial Administrative Analysts, Commercial Banking Administrative ... Support the Fort Wayne Commercial team with floor plan lending by processing collateral additions ...

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

Commercial Loan Operations Specialist

Highland, IN · On-site

$19/hr

  • Medical

  • Retirement

  • PTO

This role works closely with Commercial Administrative Analysts, Commercial Banking Administrative ... Support the Fort Wayne Commercial team with floor plan lending by processing collateral additions ...

Futures Operations Manager

Chicago, IL · Remote

  • Medical

  • Retirement

  • PTO

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

Commercial Credit Analyst

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

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

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Collateral Operations Analyst information

See Hazel Crest, IL salary details

$18

$37

$54

How much do collateral operations analyst jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for collateral operations analyst in Hazel Crest, IL is $37.37, according to ZipRecruiter salary data. Most workers in this role earn between $27.12 and $50.67 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.

Infographic showing various Collateral Operations Analyst job openings in Hazel Crest, IL 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 $77,736 per year, or $37.4 per hour.

ABL Operations Specialist

Wintrust

Chicago, IL • On-site

$59K - $77K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 8 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

72nd of 171 rated banks


Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol "WTFC."
Why join us?
  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and annual discretionary bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company matches and tuition reimbursement to name a few
  • Family-friendly work hours
  • Promote from within culture

The ABL Operations Specialist manages all the daily collateral and loan analysis for their assigned portfolio of clients.
What You'll Do
  • Serve as the primary borrower contact for all matters relating to collateral operations in conjunction with the Underwriting/Portfolio Manager, who has overall responsibility for the account relationship
  • Review, analyze, and reconcile the borrowing base certificate and supporting documentation to confirm the value of the borrower's collateral
  • Calculate ineligibles and compare to client's calculation as well as identify collateral that may not be eligible for lending
  • Post collateral information from the borrower's reports to the loan system
  • Understand and manage accounts consistent with the Bank approvals and Loan & Security Agreement
  • Advise the Underwriting/Portfolio Manager of reporting inadequacies and problems; under the Underwriting/Portfolio Manager's direction, work with the borrower to resolve these problems
  • Monitor and update ticklers, ensuring client is in compliance with collateral reporting (BBC, AR, AP, Inventory, Financials, etc.)
  • Maintain an effective line of communication with the Underwriting/Portfolio Manager on assigned accounts, and alert them to any unusual trends observed in performing routine job duties
  • Maintain a professional and courteous manner with all borrowers, including assisting borrowers by answering questions and resolving problems promptly
  • Ensure all client information is saved properly on the server
  • Adhere to Bank Compliance policies and procedures
  • Performs all other duties as required

Qualifications
  • Associate or Bachelor's degree in accounting or related field
  • 3+ years' banking or asset-based lending operations experience
  • Must be detail focused and well organized with the ability to multitask
  • Basic understanding of loan documentation
  • Good interpersonal and customer relations skills are required to deal with clients and Underwriting/Portfolio managers
  • Proactive and confident communication skills (both verbal and written) to interact with senior management, clients, attorneys, etc.
  • Ability to work independently and use independent judgment with minimal supervision
  • Strong knowledge of Microsoft Office applications (specifically MS Excel) along with ability to pick up on new systems quickly

Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation
The estimated salary range for this role is $59,000-$77,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

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