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Collateral Protection Insurance Jobs in Los Angeles, CA

Cathay Bank

Senior Collateral Analyst

Los Angeles, CA · On-site

$26.44 - $34.95/hr

... insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company ... Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is ...

Hope Bank

Loan Officer II

Los Angeles, CA · On-site

$70K - $90K/yr

Analyze collateral values and insurance coverage. * Collect loan accounts and overdraft information ... protected by federal, state, or local law.

Hope Bank

Loan Officer II

Buena Park, CA · On-site

$70K - $90K/yr

Analyze collateral values and insurance coverage. * Collect loan accounts and overdraft information ... protected by federal, state, or local law.

Bank of Hope

Loan Officer II

Los Angeles, CA · On-site

$70K - $90K/yr

Analyze collateral values and insurance coverage. * Collect loan accounts and overdraft information ... basis protected by federal, state, or local law. Equal Opportunity Employer This employer is ...

Bank of Hope

Loan Officer II

Buena Park, CA · On-site

$70K - $90K/yr

Analyze collateral values and insurance coverage. * Collect loan accounts and overdraft information ... basis protected by federal, state, or local law. Equal Opportunity Employer This employer is ...

US Bank

SBA Credit Analyst 6

Los Angeles, CA · On-site

This includes evaluating borrower eligibility, repayment capacity, collateral adequacy, and ... Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy ...

US Bank

SBA Construction Loan Admin

Brea, CA · On-site

Protects the bank's interest by overseeing construction loan documentation, lien perfection, and ... Basic knowledge of commercial lending concepts such as collateral structures, multiphase ...

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Showing results 1-20

All JobsCollateral Protection Insurance JobsCollateral Protection Insurance Jobs in Los Angeles, CA

Collateral Protection Insurance information

See Los Angeles, CA salary details

$11.9K

$74.1K

$97.5K

How much do collateral protection insurance jobs pay per year?

As of Aug 28, 2026, the average yearly pay for collateral protection insurance in Los Angeles, CA is $74,078.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,300.00 and $84,000.00 per year, depending on experience, location, and employer.

What is collateral protection insurance?

Collateral Protection Insurance (CPI) is a type of insurance policy that lenders purchase to protect themselves against loss or damage to property used as collateral for a loan, such as vehicles or real estate, when the borrower fails to maintain adequate insurance. If a borrower’s insurance lapses or is insufficient, the lender may buy CPI and charge the premium to the borrower. This coverage ensures the lender’s financial interest is safeguarded, but it may not provide the same coverage or benefits as standard borrower-acquired insurance.

What are the key skills and qualifications needed to thrive as a collateral protection insurance specialist?

To thrive as a Collateral Protection Insurance Specialist, you need a solid understanding of insurance principles, financial regulations, and risk assessment, often supported by a degree in finance, business, or a related field. Familiarity with insurance management software, loan servicing platforms, and relevant certifications such as an insurance license are typically required. Outstanding attention to detail, analytical thinking, and strong communication skills help professionals excel when analyzing policies and interacting with clients or stakeholders. These skills ensure accurate policy administration, regulatory compliance, and effective risk mitigation for lenders and their clients.

What are some common challenges faced by professionals working in collateral protection insurance and how can they be addressed?

Professionals in Collateral Protection Insurance often encounter challenges such as managing high volumes of policy tracking, dealing with incomplete borrower information, and ensuring regulatory compliance. Overcoming these obstacles requires strong organizational skills, proficiency with specialized CPI software, and effective communication with lenders and borrowers. Staying updated on industry regulations and participating in ongoing training can also help professionals navigate these complexities and deliver excellent service.

What is the difference between Collateral Protection Insurance vs Insurance Adjuster?

AspectCollateral Protection InsuranceInsurance Adjuster
CredentialsTypically requires licensing or certification in insuranceRequires state licensing and adjuster certification
Work EnvironmentOffice, field inspections, claims processingField inspections, claims assessment, office work
Employer & IndustryInsurance companies, lenders, auto dealershipsInsurance companies, independent agencies
Search & Comparison IntentUnderstanding coverage for financed assetsEvaluating claim adjustments and settlement processes

Collateral Protection Insurance focuses on insuring financed assets like vehicles, often used by lenders. Insurance Adjusters assess claims and determine payouts. While both roles involve insurance, they serve different functions within the industry.

What are popular job titles related to Collateral Protection Insurance jobs in Los Angeles, CA?

For Collateral Protection Insurance jobs in Los Angeles, CA, the most frequently searched job titles are:

What job categories do people searching Collateral Protection Insurance jobs in Los Angeles, CA look for?

The top searched job categories for Collateral Protection Insurance jobs in Los Angeles, CA are:

What cities near Los Angeles, CA are hiring for Collateral Protection Insurance jobs?

Cities near Los Angeles, CA with the most Collateral Protection Insurance job openings:

Collateral Protection Insurance jobs near you
Infographic showing various Collateral Protection Insurance job openings in Los Angeles, CA as of August 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 93% In-person, and 7% Hybrid job distribution, with an average salary of $74,078 per year, or $35.6 per hour.

Senior Collateral Analyst

Cathay Bank

Los Angeles, CA • On-site

$26.44 - $34.95/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 21 days ago

Job description

People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What our team members are saying:
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GENERAL SUMMARY
The Senior Collateral Analyst is responsible for the analysis and validity of Collateral assigned to Cathay Bank. He/she may monitor complex and high-risk Borrowers through analysis of Client reporting with a special emphasis on deteriorating trends. He/she may review the Loan Documents and prepare the Monthly Status Report.
ESSENTIAL FUNCTIONS
  • Responsible for processing, monitoring and examining client collateral information on asset based loans. Includes all stages from the receipt and verification of sales journals, collateral reports and agings, to resolution of customer problems and questions.
  • Depending on expertise, additional responsibilities may include: posting and reconciling sales, verifying collateral balances, and accounts receivable adjustments; reconciling cash reported to cash received; investigating and resolving customer inquiries; reviewing accounts receivable aging information and collateral trending.
  • May assist with training new customers on reporting procedures.
  • Identify unusual trends or practices and discuss/document with Borrower. Verify questionable assignments through telephone or in writing, prior to advancing on assignment. Inform Loan Portfolio Officers of open issues prior to Advance.
  • Work closely with Loan Portfolio Officers and Assistant Manager to analyze complex information and resolve reporting issues.
  • Analyze Borrower's inventory assignments to identify ineligibles, note trends in inventory mix and inventory concentrations, as required by Loan Portfolio Officers. Discuss any unusual trends with Borrower and report findings to Loan Portfolio Officers.
  • Provide back up, during absences, to the Collateral Analysts.
  • Follow existing controls in place to meet or exceed internal audit standards.
  • May review or spot check other junior level Collateral Analysts' work to ensure accuracy.
  • Other duties may include loan documents review, Database preparation, and the Monthly Status Report preparation.

QUALIFICATIONS
  • Education: College graduate with a degree in accounting or finance preferred.
  • Experience: Minimum five years of borrowing base driven, asset-based lending operations experience. Experience as a field examiner or credit analyst, and with supervisory experience is a plus.
  • Skills/Ability: Proficient with Microsoft Office products; Monarch Data Mining Software, good interpersonal and communication skills; ability to coach and mentor junior staff, strong time management and organizational skills, ability to analyze data with attention to detail and accuracy

OTHER DETAILS
$26.44 - $34.95 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the "Know Your Rights: Workplace Discrimination is Illegal" Poster:
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Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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