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Collateral Processor Jobs (NOW HIRING)

Covius

Collateral File Processor

Palm Harbor, FL

$15 - $16/hr

Job Summary The Collateral File Processor is responsible for the accurate intake, reconciliation, and management of sensitive documentation, including original loan files and negotiable instruments.

Covius

Collateral File Processor

Palm Harbor, FL · On-site

$15 - $18.80/hr

Job Summary The Collateral File Processor is responsible for the accurate intake, reconciliation, and management of sensitive documentation, including original loan files and negotiable instruments.

Covius

Collateral File Processor

Palm Harbor, FL · On-site

$15/hr

The Collateral File Processor will be working with original loan files, including negotiable instruments and will be responsible for maintaining the integrity of the file. Essential Functions

Covius

Collateral File Processor

Palm Harbor, FL · On-site

$15 - $16/hr

Job Summary The Collateral File Processor is responsible for the accurate intake, reconciliation, and management of sensitive documentation, including original loan files and negotiable instruments.

Covius

Collateral File Processor

Palm Harbor, FL · On-site

$15 - $16/hr

The Collateral File Processor will be working with original loan files, including negotiable instruments and will be responsible for maintaining the integrity of the file. Essential Functions

Covius

Collateral File Processor

Palm Harbor, FL · On-site

$15/hr

The Collateral File Processor will be working with original loan files, including negotiable instruments and will be responsible for maintaining the integrity of the file. Essential Functions

Covius

Collateral File Processor

Palm Harbor, FL

$15 - $18.80/hr

Job Summary The Collateral File Processor is responsible for the accurate intake, reconciliation, and management of sensitive documentation, including original loan files and negotiable instruments.

LP Finance

Be Seen First

Collateral Specialist

Johnson City, TN · On-site

$18 - $20/hr

Review and process Same as Cash promotional offers and payoffs. * Ensure perfection of collateral documents such as titles, insurance, and UCC finance statements. * Verifying all collateral documents ...

Phaxis

Collateral Management Analyst

Manhattan, NY · On-site

$75K - $125K/yr

In this role, you will oversee the daily processing of collateral and margin activities across bilateral and cleared derivatives portfolios. You will ensure accurate margin calculations ...

FIRST MERCHANTS

Collateral Analyst

Daleville, IN

... process to ensure compliance detailed within the credit agreement. * Validate the calculation of eligible collateral related to borrowing base reporting by analyzing accounts receivable agings ...

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All JobsCollateral Processor Jobs

Collateral Processor information

See salary details

$8

$16

$25

How much do collateral processor jobs pay per hour?

As of Jun 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 jobs pay 2000 a day?

Jobs that can pay $2,000 a day typically include high-level roles such as specialized consultants, surgeons, corporate executives, or successful entrepreneurs. These positions often require advanced skills, significant experience, or ownership of a business, and may involve irregular or project-based work schedules.

What are Collateral Processors?

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 job makes $10,000 a month without a degree?

A collateral processor typically does not earn $10,000 a month without specialized experience or certifications. High-paying roles in finance or sales, such as financial advisors or real estate brokers, can reach that level with relevant skills and licenses, but they often require experience rather than formal degrees. Most jobs paying $10,000 monthly generally demand specific expertise, certifications, or extensive experience regardless of degree status.

What jobs in the US pay 300,000 a year?

For a Collateral Processor, earning $300,000 annually is uncommon, as this role typically offers lower compensation. High-paying jobs in finance, executive management, or specialized medical fields are more likely to reach this level, often requiring advanced skills, certifications, and extensive experience. Most roles paying this salary are senior-level or highly specialized positions.

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 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.

Is a loan processor an entry level position?

A loan processor is often considered an entry-level position in the lending industry, requiring basic knowledge of loan documentation and processing procedures. However, some employers may prefer candidates with prior experience or relevant certifications, and the role can serve as a stepping stone to more advanced positions in finance or underwriting.

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.
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:
What job categories do people searching Collateral Processor jobs look for? The top searched job categories for Collateral Processor jobs are:
Collateral Processor jobs near you
Infographic showing various Collateral Processor job openings in the United States as of June 2026, with employment types broken down into 97% Full Time, and 3% Part Time. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.
Collateral Processing Coordinator

Collateral Processing Coordinator

Bell Bank

Minneapolis, MN • On-site

Full-time

Posted 14 days ago

Bell Bank rating

6.7

Company rating: 6.7 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

115th of 142 rated banks

Job description

This position will facilitate, process, and monitor appraisal ordering and tracking functions, meeting all industry, state/federal/governmental, investor, and agency requirements, ensuring quality valuations and strong customer service.
Primary Duties:
  • Monitor and facilitate communications between Bell production staff, appraisers and third parties.
  • Assist appraiser communications, supplying all pertinent appraisal documents/exhibits.
  • Generate and process the various types of Automated Valuation Models (AVMs) and Property Data Reports.
  • FHA/HUD case number ordering, tracking and monitoring approval.
  • VA (Veterans Administration) case number assignment and appraisal ordering.
  • Prepare, monitor and close existing repair inspections and post-closing escrow inspection.
  • Verify appraiser approval on all investor ineligible lists.
  • Monitor and provide feedback on appraiser service level standards.
  • Know by name and face as many customers and employees as possible, calling them by name as often as possible.
  • Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
  • Know, understand, and live the company values and bottom line.
  • Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
  • All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
  • Prompt and reliable attendance.
  • Perform other duties as assigned.

Job Skills Required:
  • Appraisal processing experience preferred.
  • Solid general office and administrative skills.
  • Excellent customer service skills.
  • Experience with residential collateral.
  • Ability to independently manage multiple tasks and deadlines.
  • Good written and verbal communication skills.
  • Ability to function efficiently and effectively under deadlines and stress, while maintaining a professional and mature profile.

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