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Collateral Reviewer Jobs in Illinois (NOW HIRING)

World Business Lenders, LLC

Review Appraiser

Chicago, IL · On-site +1

$92K - $101K/yr

This position is focused on appraisal review, quality control, collateral risk assessment, and communication of clear, supportable valuation recommendations. It is not primarily responsible for ...

Wintrust

Senior Marketing & Collateral Specialist

Rosemont, IL · On-site

$78K - $97K/yr

The Senior Marketing & Collateral Specialist plays a key role in bringing Wintrust's mission and ... Ensure brand integrity and perfection across all visual assets, meticulously reviewing typography ...

Wintrust

Senior Marketing & Collateral Specialist

Rosemont, IL · On-site

$78K - $97K/yr

The Senior Marketing & Collateral Specialist plays a key role in bringing Wintrust's mission and ... Ensure brand integrity and perfection across all visual assets, meticulously reviewing typography ...

US Bank

Reviewer Appraiser

Chicago, IL · On-site

$34.57 - $46.11/hr

Develops a summary of collateral and communicate to the customer for the lending decision. Basic ... Review experience with a financial institution Location Expectations This role requires working ...

ABOC

Commercial Lending Officer

Chicago, IL · On-site

$120K - $150K/yr

Reviews the current credit worthiness and merits of existing assigned loans, by direct inspection of the applicant's business and/or collateral review of interim financial reports, personal interview ...

The Keva Dine Agency™

Brand Designer

Mundelein, IL · On-site

Implement and evolve brand standards across all collateral. Review creative assets created across internal teams to ensure strict adherence to luxury visual standards and visual hierarchy. * Concept ...

ABOC

Commercial Lending Officer

Chicago, IL · On-site

Reviews the current credit worthiness and merits of existing assigned loans, by direct inspection of the applicant's business and/or collateral review of interim financial reports, personal interview ...

Servbank

Commercial Loan Closing Officer

Oswego, IL · On-site

Review, verify, and perfect various forms of collateral, including: o Commercial and residential real estate o UCC collateral filings o Deposit accounts o Stock and investment account collateral o ...

TRUSTBANK

Senior Loan Operations Specialist

Olney, IL · On-site +1

$58K - $80K/yr

Review loan maintenance requests for accuracy and policy compliance. Assist in preparing collateral release documentation and paid loan file reviews. Support loan imaging, document retention, and ...

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Collateral Reviewer information

What is a collateral reviewer?

Collateral reviewers are professionals who assess and verify the value and quality of assets used as collateral for loans or other financial transactions. They review documentation, inspect properties or assets, and ensure that the collateral meets the lender's requirements and regulatory standards. Their work helps lenders minimize risk by confirming that the pledged collateral is sufficient and properly valued. Collateral reviewers may work for banks, credit unions, or third-party firms, and their analysis is essential in the loan approval process.

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

Success as a Collateral Reviewer requires strong analytical abilities, attention to detail, and a solid understanding of real estate, lending, or financial documentation, often supported by a relevant degree or experience in finance or real estate. Familiarity with appraisal software, loan origination systems, and compliance platforms is typically expected. Excellent organizational skills, critical thinking, and effective communication help Collateral Reviewers identify risks and collaborate with stakeholders. These competencies ensure accurate assessments of collateral, minimize lending risks, and maintain regulatory compliance in financial transactions.

What are some common challenges faced by collateral reviewers and how can they be addressed?

Collateral Reviewers often encounter challenges such as managing tight deadlines, ensuring the accuracy of complex documentation, and staying updated with changing compliance standards. To address these issues, it's important to develop strong organizational skills, maintain clear communication with loan officers and underwriters, and participate in ongoing training to stay current with industry regulations. Proactively seeking feedback and leveraging technology for document management can also help streamline workflows and reduce errors.

What is the difference between Collateral Reviewer vs Credit Analyst?

AspectCollateral ReviewerCredit Analyst
Required credentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CFA or CPA are a plusSimilar credentials; often holds degrees in finance, economics, or accounting; CFA certification common
Work environmentWorks primarily in loan departments, reviewing collateral documentation and appraisalsWorks in credit departments, analyzing financial data and assessing borrower creditworthiness
Employer and industry usageUsed in banking, lending institutions, and asset-based financeUsed across banking, investment firms, and corporate finance

While both roles require financial knowledge and involve analysis, Collateral Reviewers focus on assessing collateral assets, whereas Credit Analysts evaluate overall borrower credit risk. Understanding these differences helps clarify career paths and job expectations in finance and lending sectors.

What are popular job titles related to Collateral Reviewer jobs in Illinois?

For Collateral Reviewer jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Collateral Reviewer jobs in Illinois look for?

The top searched job categories for Collateral Reviewer jobs in Illinois are:

Collateral Reviewer jobs near you
Infographic showing various Collateral Reviewer job openings in Illinois as of August 2026, with employment types broken down into 88% Full Time, 6% Part Time, and 6% Contract. Highlights an 88% In-person, and 12% Hybrid job distribution.

Collateral Specialist - Lien Perfection

Wintrust

Rosemont, IL • On-site

$42K - $60K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 2 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 172 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 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
  • Competitive pay and discretionary or incentive bonus eligible
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few.
  • Family-friendly work hours
  • With 175+ community bank locations, we offer opportunities to grow and develop in your career.
  • Promote from within culture.

Why join this team?
  • We have a culture that encourages an entrepreneurial spirit.
  • We offer multiple opportunities for development and upward mobility.

What You'll Do:
The Collateral Specialist - Lien Perfection is responsible for creating necessary exceptions for new loans and renewals to ensure tracking of required documentation for collateral folders for both consumer and commercial loan types. Perfecting various types of collateral to ensure the Bank's line is properly recorded or stated on all collateral. Reviewing documentation packages for completeness and clear any related exceptions. Complete all tasks within the assigned SLAs.
  • Create exceptions for new loans and renewals to track for original documentation.
  • Establish collateral lien perfection as needed (Mortgage Recording, UCC filing, Vehicle Title Liens, Deposit Holds, etc.).
  • Review original loan packages for completeness and clear related exception items.
  • Create collateral folders for new loans and file in the vault.
  • Ensure all trailing documents are filed in their respective collateral folders.
  • Research and review inquiries from the line of business regarding collateral.
  • Assist with research requests, audit reviews, and department projects as needed.

Qualifications:
  • High School diploma or equivalent.
  • Good understanding of both consumer and commercial loans.
  • Minimum 3 years of experience in an office or operations environment which services and supports banking line of business.
  • Highly organized and ability to complete a high volume of tasks within assigned service levels.
  • IBS system experience preferred.
  • Good written and oral communication skills and organizational skills.
  • Good understanding of various loan documents, banking processing standards, best practices, and audit control procedures.
  • Must have experience in back-office loan processing commercial, residential and small business loans

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 $42,000 - $60,000, 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.
#LI-Hybrid
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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