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Collateral Review Analyst Jobs (NOW HIRING)

Description As the Appraisal Analyst III , you will be a contributing member of the Collateral Risk ... In this role you will make decisions on collateral as a function of Citizens' due diligence, as it ...

Appraisal Senior Review Analyst

Johnston, RI · On-site

$36.53 - $46.63/hr

Description As the Appraisal Analyst III , you will be a contributing member of the Collateral Risk ... In this role you will make decisions on collateral as a function of Citizens' due diligence, as it ...

$36.53 - $46.63/hr

Description As the Appraisal Analyst III , you will be a contributing member of the Collateral Risk ... In this role you will make decisions on collateral as a function of Citizens' due diligence, as it ...

As the Appraisal Analyst III , you will be a contributing member of the Collateral Risk Management ... In this role you will make decisions on collateral as a function of Citizens' due diligence, as it ...

Review of collateral documentation, if necessary. * Evaluates the adequacy of loan risk codes and ... analysis, credit review and/ or commercial lending. * Must have advanced training which can include ...

Review of collateral documentation, if necessary. * Evaluates the adequacy of loan risk codes and ... analysis, credit review and/ or commercial lending. * Must have advanced training which can include ...

Review borrowing base methodologies, exceptions, and structural changes in accordance with credit ... May perform other duties as needed. * 5-7+ years of Collateral Analysis experience with preference ...

Review borrowing base methodologies, exceptions, and structural changes in accordance with credit ... Qualifications * 5-7+ years of Collateral Analysis experience with preference in Structured Finance ...

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Collateral Review Analyst information

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How much do collateral review analyst jobs pay per hour?

As of Jun 10, 2026, the average hourly pay for collateral review analyst in the United States is $38.12, according to ZipRecruiter salary data. Most workers in this role earn between $27.64 and $51.68 per hour, depending on experience, location, and employer.

What are the most common challenges Collateral Review Analysts face in their daily work?

Collateral Review Analysts often encounter challenges such as reviewing complex or incomplete documentation, navigating shifting regulatory requirements, and meeting tight turnaround times for loan approvals. The role requires a careful balance between efficiency and accuracy when evaluating collateral to ensure loans are adequately secured and compliant with guidelines. Team members commonly interact with loan officers, underwriters, and appraisers to resolve discrepancies and clarify information. Adapting quickly to changing priorities and leveraging available technology can greatly help in overcoming these challenges, making it a rewarding position for those who enjoy problem-solving and continuous learning.

What does a Collateral Review Analyst do?

A Collateral Review Analyst evaluates loan collateral, such as real estate or other assets, to ensure it meets financial institution guidelines and regulatory requirements. They analyze documents, verify asset values, and assess risk to protect the lender’s interests. Their role is essential in mitigating financial risk and maintaining compliance with industry standards.

What are the key skills and qualifications needed to thrive in the Collateral Review Analyst position, and why are they important?

To thrive as a Collateral Review Analyst, you need strong analytical skills, attention to detail, and a solid understanding of financial documents and real estate collateral—often supported by a degree in finance, accounting, or a related field. Familiarity with loan origination systems, automated valuation models (AVMs), and Excel is typically necessary, and certifications like Certified Mortgage Banker (CMB) can be advantageous. Excellent communication, organizational abilities, and critical thinking are standout soft skills for this role. These skills enable accurate risk assessment, ensure compliance, and support efficient decision-making in the lending process.

More about Collateral Review Analyst jobs
What cities are hiring for Collateral Review Analyst jobs? Cities with the most Collateral Review Analyst job openings:
What are the most commonly searched types of Collateral Review Analyst jobs? The most popular types of Collateral Review Analyst jobs are:
Infographic showing various Collateral Review Analyst job openings in the United States as of June 2026, with employment types broken down into 20% As Needed, 60% Full Time, and 20% Part Time. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $79,285 per year, or $38.1 per hour.
Collateral Analyst

Collateral Analyst

First Merchants Bank

Columbus, OH

Full-time

Posted 9 days ago


First Merchants Bank rating

8.0

Company rating: 8.0 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

54th of 141 rated banks


Job description

First Merchants Bank is seeking a Collateral Analyst to join our team! This position will perform collateral monitoring tasks, and operational tasks while assisting with the timely and accurate risk grading of the commercial banking portfolio.

As part of this role you will:

  • Complete accurate, unbiased collateral analyses within required timelines and according to standards.
  • Complete collateral monitoring functions for designated portfolio including:
    • Review of borrowing base requirements detailed within the Credit Decision Summary prior to or commensurate with loan closing.
    • Provide the Commercial Lending Team with borrowing base templates for Client use with on-going monitoring requirements as approved in the CDS and documented in the credit agreement.
    • Establish and maintain Client profiles within the borrowing base monitoring software.
    • Confirm appropriate ticklers are set up within the Bank’s core system for monitoring the receipt of required financial reporting documents for borrowing base reporting.
    • Assist the Commercial Lending Team with the collection of necessary Financial Reporting Documents for the completion of borrowing base testing.
    • Ensure the timely and accurate filing of all borrowing base reports and supporting documentation in the bank’s imaging system.
    • Assist the Client and Commercial Lending Team with modifications to borrowing base submission and reporting 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, accounts payable agings, perpetual inventory reports, and other supplied information as appropriate.
    • Identify and communicate deteriorating liquidity and over-advance issues found during borrowing base testing to department management.
    • Update borrower loan availability in Bank’s core system.
    • Interface with clients as needed for questions and resolution of issues on draws and availability.
    • Maintain the Regional Borrowing Base Utilization Report.
    • Provide collateral trend reporting and analysis as requested.
    • Review real estate appraisals and evaluations as needed.
  • Reconcile borrowing base to credit agreement.
  • Attend and participate in loan committees as requested.

In order to be successful, we require the following:

  • Bachelor's degree.

The following would be a plus:

  • Bachelor’s degree (or completion within current semester) in accounting, finance, or business.
  • Prior Asset Based Lending or Collateral Monitoring experience
  • Proficient use of MS Office products including Word, Outlook and Excel.
  • Adobe Acrobat experience and the ability to learn job-related software.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!


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