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Collateral Processor Jobs (NOW HIRING)

POSITION OVERVIEW The Collateral Analyst is responsible for the end-to-end management of collateral processes across OTC derivatives, listed products, and financing transactions. This role requires a ...

COLLATERAL MANAGER

Coral Gables, FL · On-site

$110K - $115K/yr

Oversee trailing document processes, including custodial review, follow-up, and escalation resolution of outstanding defects. * Manage collateral pipelines to ensure timely agency certification and ...

Lead collateral process improvement and automation initiatives to enhance efficiency and control * Prepare executive‑level portfolio and risk reporting for senior management * Manage, mentor, and ...

Collateral Analysis Officer

Manhattan, NY · On-site

$100K - $150K/yr

Lead collateral process improvement and automation initiatives to enhance efficiency and control * Prepare executivelevel portfolio and risk reporting for senior management * Manage, mentor, and ...

Lead collateral process improvement and automation initiatives to enhance efficiency and control * Prepare executive-level portfolio and risk reporting for senior management * Manage, mentor, and ...

COLLATERAL ANALYST

Clifton, NJ · Remote

$60K - $68K/yr

Overview The Collateral Analyst is responsible for curing document defects on MSR loans acquired ... Custodial follow-up on pending releases not processed by the document custodian * Utilize agency ...

COLLATERAL ANALYST

Clifton, NJ · On-site

$60K - $68K/yr

Overview The Collateral Analyst is responsible for curing document defects on MSR loans acquired ... Custodial follow-up on pending releases not processed by the document custodian * Utilize agency ...

Collateral Associate

Jersey City, NJ · On-site

$90K - $100K/yr

TBA-Covered Agency (Forward Settling transactions) The Collateral Associate will be responsible for daily processing of OTC Swap, Repo and TBA Collateral Call issuance as well as confirming and ...

TBA-Covered Agency (Forward Settling transactions) The Collateral Associate will be responsible for daily processing of OTC Swap, Repo and TBA Collateral Call issuance as well as confirming and ...

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Collateral Processor information

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How much do collateral processor jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for collateral processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What is a collateral processor?

Collateral Processors are professionals in the banking or financial industry responsible for handling and managing collateral documents tied to loans, mortgages, or other secured transactions. Their duties include verifying documentation, ensuring compliance with regulations, and maintaining accurate records to protect the lender's interest. They often coordinate with loan officers, title companies, and borrowers to ensure all collateral requirements are met before and after loan closing. Collateral Processors play a key role in minimizing risk for financial institutions by ensuring collateral is properly documented and secured.

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

To thrive as a Collateral Processor, you need strong attention to detail, organizational skills, and a solid understanding of loan documentation and banking procedures, often supported by a high school diploma or equivalent. Familiarity with loan origination systems, document management software, and compliance tools is typically required. Excellent communication, problem-solving, and time management skills help you coordinate effectively with internal teams and clients. These competencies ensure accurate processing, regulatory compliance, and efficient workflow in financial institutions.

What are the typical challenges faced by a collateral processor, and how can they be addressed effectively?

Collateral Processors often work in fast-paced environments where attention to detail is critical due to frequent handling of sensitive financial documents. Common challenges include managing tight deadlines, ensuring data accuracy, and keeping up with regulatory changes. To overcome these, it's important to develop strong organizational skills, maintain clear communication with team members and other departments, and stay updated on industry compliance requirements. Utilizing workflow management tools and regularly reviewing procedures can also help minimize errors and streamline processes.

What is the difference between Collateral Processor vs Loan Processor?

AspectCollateral ProcessorLoan Processor
Primary RoleReviewing and verifying collateral documentation for loansProcessing loan applications and verifying borrower information
CertificationsTypically requires banking or finance certificationsOften requires similar certifications, such as loan processing or banking credentials
Work EnvironmentBanking institutions, mortgage companies, financial servicesBanks, mortgage lenders, credit unions
Common TasksAssessing collateral documents, ensuring complianceGathering documents, verifying borrower data, preparing loan files

While both roles operate within the financial industry, a Collateral Processor specializes in verifying collateral documentation for loans, whereas a Loan Processor handles the overall loan application process. Understanding these distinctions helps in choosing the right career path or job search focus.

More about Collateral Processor jobs

What cities are hiring for Collateral Processor jobs?

Cities with the most Collateral Processor job openings:

What states have the most Collateral Processor jobs?

States with the most job openings for Collateral Processor jobs include:

Infographic showing various Collateral Processor job openings in the United States as of August 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.

Collateral Analyst

Boston, MA • On-site

GMO
Finance and Insurance • 501 - 1,000 employees

$80/hr

Full-time

Medical, Dental, Life, Retirement, PTO

This job post has expired 2 days ago. Applications are no longer accepted.


Job description

Company Profile
 
Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.
 
We manage approximately $80bn for a client base that includes many of the world's most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO's Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.
 
GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.
 
Please follow the prompts included in this job posting to apply. The application window for this role is anticipated to remain open until the job is filled, or as otherwise determined by GMO.
 
POSITION OVERVIEW

The Collateral Analyst is responsible for the end-to-end management of collateral processes across OTC derivatives, listed products, and financing transactions. This role requires a strong understanding of margin methodologies, legal agreements, and regulatory requirements, along with the ability to independently manage daily workflows and resolve complex exceptions.

The successful candidate will serve as a key contributor within the collateral management function, partnering closely with Investment Teams, Trading, Risk, Legal, and external counterparties to ensure accurate and timely margining, dispute resolution, and collateral movements. This role also plays an important part in strengthening operational controls, improving processes, and supporting system and workflow enhancements across the collateral lifecycle.

PRIMARY DUTIES AND RESPONSIBILITIES
  • Oversee daily collateral operations across OTC derivatives, futures, and financing products, ensuring accurate and timely margin calls, settlements, and reconciliations
  • Independently manage collateral relationships with counterparties and custodians, including escalation and resolution of margin disputes
  • Perform detailed reconciliations of collateral balances and exposure reports, identifying discrepancies and driving resolution through to completion
  • Review, validate, and instruct collateral movements in accordance with ISDA/CSA and other governing agreements
  • Maintain and enhance collateral data within internal systems, including legal agreement terms and margin parameters
  • Act as a subject matter resource for collateral processes and margin methodologies
  • Partner with Investment Teams, Trading, Risk, Legal, and Technology teams to support onboarding and process enhancements
  • Ensure timely review and execution of OTC derivative confirmations
  • Identify opportunities to improve workflows, increase automation, and strengthen controls
  • Support audits, regulatory inquiries, and internal reporting
DESIRED SKILLS AND EXPERIENCE
  • 5+ years of industry experience with 3+ years in collateral management, derivatives operations,

or a related function

  • Strong understanding of variation margin (VM), initial margin (IM), and margin methodologies
  • Working knowledge of ISDA/CSA, GMRA, and related legal documentation
  • Proven ability to independently manage margin processes and resolve disputes
  • Experience analyzing and resolving valuation disputes with internal and external stakeholders
  • Familiarity with regulatory requirements such as Uncleared Margin Rules
  • Strong understanding of investment fund operations, including custody and fund accounting workflows and their impact on NAV
  • Working knowledge of coupon/income accruals
  • Strong analytical and problem-solving skills
  • Excellent communication skills
  • Ability to manage competing priorities in a fast-paced environment
  • Strong ownership mindset with focus on process improvement and efficiency
  • Experience contributing to system enhancements or automation initiatives preferred
  • Direct experience with Aladdin's collateral management functionality is required
  • Knowledge of systems such as Acadia MarginSphere, TriResolve, and TradeServ
  • Working knowledge of SWIFT messaging
$90,000 - $105,000 a year
This salary range is estimated for this role and actual pay may be different based on a candidate's qualifications and/or years of experience. In addition, this position is eligible for a discretionary annual bonus award, which award may be determined by individual, team, department and firm performance, and is subject to the terms of GMO's compensation plan. This position is also benefits eligible. GMO's comprehensive benefits program includes medical insurance, dental insurance, life insurance, long-term disability coverage, a 401(k)/profit-sharing retirement plan, open paid time off, leaves of absences, dependent care resources, tuition reimbursement, charitable gifts matching, flexible spending accounts, and commuter benefits.
GMO is committed to the recruitment, employment, and promotion of all candidates equally, regardless of an individual's gender, race, color, national origin, ancestry, age, religion, pregnancy, marital status, sexual orientation, gender identity or expression, military or veteran status, genetic information, physical or mental disability (except where such disability is a bona fide occupational disqualification) or any other classification protected under federal, state or local law.
 
GMO will not offer visa sponsorship for this opportunity.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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About GMO

Sourced by ZipRecruiter

Industry

Finance and insurance

Company size

501 - 1,000 Employees

Headquarters location

Boston, MA, US

Year founded

1977

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