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Collateral Specialist Jobs (NOW HIRING)

As a Collateral Specialist I , you will be responsible for the following: * Serve as a knowledge resource for assisting membership and branch employees with questions and problems concerning titles ...

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Collateral Specialist

Johnson City, TN · On-site

$18 - $20/hr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

The Loan Servicer/Collateral Specialist will assist with servicing activities of current or recently past due loans and create or review loan documents assisting with processes necessary to protect ...

Collateral Specialist

Frisco, TX · On-site

$25 - $26.44/hr

Collateral Specialist Location: Frisco, TX Work Schedule: Monday - Friday, Onsite Type of Employment: Contract-to-Hire Compensation: $25 - $26.44/ hour Industry: Mortgage Banking Benefits: This ...

Collateral Specialist

Dallas, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Collateral Management Specialist plays a vital role in maintaining the integrity and accuracy of mortgage collateral documentation throughout its lifecycle. This position is responsible for ...

Collateral Specialist

Dallas, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Collateral Management Specialist plays a vital role in maintaining the integrity and accuracy of mortgage collateral documentation throughout its lifecycle. This position is responsible for ...

Loan Collateral Specialist, Senior

Eagan, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Loan Operations Collateral Specialist is responsible for administering and safeguarding the Bank's collateral position throughout the loan lifecycle. This role executes critical collateral ...

Loan Collateral Specialist, Senior

Fargo, ND · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Loan Operations Collateral Specialist is responsible for administering and safeguarding the Bank's collateral position throughout the loan lifecycle. This role executes critical collateral ...

Loan Collateral Specialist, Senior

Minnetonka, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Loan Operations Collateral Specialist is responsible for administering and safeguarding the Bank's collateral position throughout the loan lifecycle. This role executes critical collateral ...

Collateral Specialist

Cleveland, OH · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

The Collateral Specialist is responsible for completing functions related to the closing of loan applications. Job Responsibilities: * Receive all incoming original signed closing documents from ...

Loan Collateral Specialist, Senior

Grand Forks, ND · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Loan Operations Collateral Specialist is responsible for administering and safeguarding the Bank's collateral position throughout the loan lifecycle. This role executes critical collateral ...

Payoff/Collateral Specialist

Los Angeles, CA · On-site

$20.28 - $30.42/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

PAYOFF/COLLATERAL SPECIALIST WHAT IS THE OPPORTUNITY? This position is responsible for reviewing notes and related loan documents to be able to accurately represent terms in payoff statements and ...

Loan Collateral Specialist, Senior

Minnetonka, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Senior Loan Operations Collateral Specialist is responsible for administering and safeguarding the Bank's collateral position throughout the loan lifecycle. This role executes critical collateral ...

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Collateral Specialist information

See salary details

$18

$28

$48

How much do collateral specialist jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for collateral specialist in the United States is $28.70, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $38.46 per hour, depending on experience, location, and employer.

What is a collateral specialist?

Collateral Specialists are financial professionals responsible for managing and monitoring collateral used to secure loans or credit lines, typically in banks or lending institutions. Their duties include evaluating the value of collateral, ensuring proper documentation, tracking collateral status, and minimizing risk for the lender. They work closely with loan officers, customers, and appraisers to verify that all collateral requirements are met and maintained throughout the loan lifecycle. By doing so, they help protect the financial institution from potential losses due to loan defaults.

What does a collateral specialist do?

A collateral specialist works with loan documents and helps recover collateral. As a collateral specialist, your job duties include communicating with banks and clients, verifying policies, and assisting with the collateral recovery process. The career requires a background in mortgages and lending. Although some employers in this field prefer work experience over a formal education, many collateral specialists earn an associate or bachelor’s degree in a related subject. You may also pursue professional certification to demonstrate your expertise and gain a competitive edge. Additional qualifications include strong analytical, research, and organizational skills.

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

To thrive as a Collateral Specialist, you need strong analytical skills, attention to detail, and a solid understanding of loan documentation and collateral evaluation, often supported by a degree in finance, business, or a related field. Familiarity with loan management systems, document tracking software, and regulatory compliance tools is typically required. Exceptional organizational skills, effective communication, and the ability to manage multiple priorities make someone stand out in this role. These skills are crucial for ensuring the accuracy, compliance, and efficiency of collateral processes that support sound lending practices.

What are some common challenges faced by collateral specialists, and how can they effectively manage them?

Collateral Specialists often encounter challenges such as tight deadlines for documentation, ensuring compliance with regulatory standards, and managing large volumes of paperwork. These tasks require strong organizational skills and attention to detail, as errors can delay transactions or increase risk for the organization. Effective Collateral Specialists regularly communicate with loan officers, underwriters, and clients to clarify requirements, and they use document management systems to streamline processes. Staying current with industry regulations and investing time in professional development can also help manage these challenges successfully.

What cities are hiring for Collateral Specialist jobs?

Cities with the most Collateral Specialist job openings:

What are the most commonly searched types of Collateral Specialist jobs?

The most popular types of Collateral Specialist jobs are:

What states have the most Collateral Specialist jobs?

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

Infographic showing various Collateral Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $59,693 per year, or $28.7 per hour.

Collateral Specialist I

Tinker Federal Credit Union

Oklahoma City, OK • On-site

$20 - $25/hr

Full-time

Posted 22 days ago


Tinker Federal Credit Union rating

9.2

Company rating: 9.2 out of 10

Based on 10 frontline employees who took The Breakroom Quiz


Job description

At TFCU, we welcome people of all backgrounds. We know that embracing a diverse team makes us a stronger and better organization. Here you can expect a professional workplace where all employees have the opportunity to feel seen, respected, valued and heard.
Tinker Federal Credit Union's Records Management department has an immediate opening for a Collateral Specialist I! This is an exciting opportunity to join the largest and best credit union in Oklahoma! We offer competitive pay, a robust benefits package, a "smart casual dress code" and much more! We want you to work and grow at TFCU, so there will be many opportunities for professional development and growth through training and continued education. We value you at TFCU!
As a Collateral Specialist I, you will be responsible for the following:
  • Serve as a knowledge resource for assisting membership and branch employees with questions and problems concerning titles, liens, sight drafts and paid loans.
  • Responsible for processing and reviewing collateral secured paid in full loans and ensure TFCU's lien has been released properly.
  • Responsible for processing and reviewing all lien filings to ensure TFCU's collateral is protected.
  • Analyze and authorize collateral releases to minimize loan deficiency and maximize the funds to be applied before processing a release of collateral.
  • Regularly interface with credit union management, departments, other credit union employees, and members as required.

Salary Range:
This is a non-exempt position. The starting hourly range is $20.00 - 25.00; however, actual placement within the range will be determined individually based on your experience relative to organizational needs and internal salary equity.
Schedule:
Monday - Friday 7:30AM-4:30PM. Rotating Saturday's from 9:00AM-12:00PM
Education/Experience:
A high school diploma or equivalent for all levels is required. One year of experience related to work of this position and with a Credit Union is preferred.
Certificates, Licenses, Registrations:
  1. Incumbent Bonding REQUIRED by TFCU's chosen authority.

Keys to success:
In order to be successful as a Collateral Specialist I, you must possess these qualifications:
  • Knowledge of TFCU policies and procedures.
  • Ability to exercise good judgment and decision making.

Tinker Federal Credit Union is an Equal Opportunity Employer and is committed to providing an environment free of harassment and discrimination. We celebrate the unique differences of our employees, and welcome people of all backgrounds. We do not discriminate on the basis of race, religion, color, national origin, sex, age, marital status veteran status, disability status, pregnancy status, parental status, political affiliation, or any other status protected by law. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting Talent Acquisition at careers@tinkerfcu.org.

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