... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
... in collateral. * Completes the final post close review of executed documents for any missing ... Communicates effectively with consumer loan underwriters and branch relationship managers to assist ...
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Quick apply
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
Quick apply
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Quick apply
Review collateral details from the approval and ensure that the security interest is appropriately documented in the legal agreements and that the collateral is properly secured. * Validate ...
New
Commercial Loan Officer
Plainfield, IN · On-site
Works with the credit analyst to analyze data; underwrites the credit; and develops a credit ... and collateral requirements. * Ensures the protection of the Bank's interests in matters of ...
Commercial Loan Officer
Plainfield, IN · On-site
Works with the credit analyst to analyze data; underwrites the credit; and develops a credit ... and collateral requirements. * Ensures the protection of the Bank's interests in matters of ...
Commercial Loan Officer
Plainfield, IN · On-site
Works with the credit analyst to analyze data; underwrites the credit; and develops a credit ... collateral requirements.Ensures the protection of the Bank's interests in matters of adequate ...
Quick apply
Commercial Loan Officer
Plainfield, IN · On-site
Works with the credit analyst to analyze data; underwrites the credit; and develops a credit ... collateral requirements.Ensures the protection of the Bank's interests in matters of adequate ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Commercial Loan Officer
Madison, IN · On-site
Underwrite commercial credit applicants (direct, indirect and revolving) * obtain and review credit ... Close and fund loans * Follow-up procedures such as lien perfections, collateral inspections
Commercial Loan Officer
Madison, IN · On-site
Underwrite commercial credit applicants (direct, indirect and revolving) * obtain and review credit ... Close and fund loans * Follow-up procedures such as lien perfections, collateral inspections
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
Establish credit terms including costs, repayment methods, schedule, and collateral requirements ... Thorough knowledge and understanding of residential mortgage process, underwriting criteria, and ...
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
... collateral requirements, etc. * Responsible for portfolio management including monitoring credit ... Collaborates with Bankers, Financial Center Managers, Retail Leaders, Credit/Underwriting, Loan ...
... collateral/trailing items, user access administration, and portal support. * Monitor incoming ... Maintain knowledge of Agency and Non-Agency/Jumbo underwriting guidelines, seller guide ...
... collateral/trailing items, user access administration, and portal support. * Monitor incoming ... Maintain knowledge of Agency and Non-Agency/Jumbo underwriting guidelines, seller guide ...
... collateral/trailing items, user access administration, and portal support. * Monitor incoming ... Maintain knowledge of Agency and Non-Agency/Jumbo underwriting guidelines, seller guide ...
... collateral/trailing items, user access administration, and portal support. * Monitor incoming ... Maintain knowledge of Agency and Non-Agency/Jumbo underwriting guidelines, seller guide ...
Proven experience in collateral analysis along with commercial loan documentation experience ... underwriting, portfolio management, financial analysis, documentation, examination, audit ...
New
Quick apply
Proven experience in collateral analysis along with commercial loan documentation experience ... underwriting, portfolio management, financial analysis, documentation, examination, audit ...
New
Collateral Underwriter information
See Indiana salary details
$30.9K - $40.2K
5% of jobs
$40.2K - $49.4K
9% of jobs
$57.6K is the 25th percentile. Wages below this are outliers.
$49.4K - $58.7K
12% of jobs
$58.7K - $68K
20% of jobs
The median wage is $70.9K / yr.
$68K - $77.2K
12% of jobs
$83.5K is the 75th percentile. Wages above this are outliers.
$77.2K - $86.5K
25% of jobs
$86.5K - $95.7K
7% of jobs
$95.7K - $105K
3% of jobs
$105K - $114.2K
2% of jobs
$114.2K - $123.5K
2% of jobs
$123.5K - $132.7K
2% of jobs
$30.9K
$75.1K
$132.7K
How much do collateral underwriter jobs pay per year?
As of Aug 7, 2026, the average yearly pay for collateral underwriter in Indiana is $75,058.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $82,800.00 per year, depending on experience, location, and employer.
What challenges do collateral underwriters face and how are they addressed?
Collateral Underwriters often encounter challenges such as complex property valuations, incomplete or inconsistent documentation, and tight deadlines for loan approvals. Addressing these issues typically involves close collaboration with appraisers, borrowers, and internal teams to gather accurate data and ensure thorough due diligence. Utilizing up-to-date technology and maintaining a strong understanding of market conditions and regulatory changes can help underwriters make informed decisions. Developing excellent organizational and communication skills also aids in managing workflow and resolving issues efficiently. Being proactive and adaptable is key to overcoming day-to-day hurdles in this important risk management role.
What is a collateral underwriter?
A Collateral Underwriter is responsible for evaluating the value and risk associated with real estate used as loan collateral. They analyze appraisal reports, market trends, and regulatory guidelines to ensure accuracy and compliance. Their role helps lenders mitigate risks by determining whether a property's valuation supports the loan amount. Strong analytical skills and knowledge of underwriting guidelines are essential for this position.
What skills and qualifications are needed to be a collateral underwriter?
To thrive as a Collateral Underwriter, a solid background in real estate valuation, risk analysis, and loan underwriting—often supported by a bachelor’s degree in finance, business, or a related field—is essential. Familiarity with industry-standard appraisal software, loan origination systems (LOS), and knowledge of regulatory guidelines like USPAP and FNMA/FHLMC standards are typically required. Strong analytical thinking, attention to detail, and effective written and verbal communication skills help set top performers apart. These skills ensure accurate collateral evaluation, sound risk mitigation, and smooth collaboration with loan officers, appraisers, and compliance teams.
What are popular job titles related to Collateral Underwriter jobs in Indiana? For Collateral Underwriter jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Collateral Underwriter jobs in Indiana look for? The top searched job categories for Collateral Underwriter jobs in Indiana are:
Commercial Banking Operations Supervisor
Evansville, IN • On-site, Remote
Full-time
Re-posted 11 days ago
Job description
Description
Heritage Federal Credit Union, a Readers' Choice Best Credit Union gold award recipient, is growing thanks to the focus on helping our members and community. At Heritage, we foster a dynamic and collaborative environment where your contributions truly make a difference. As we continue to expand, we are searching for a Commercial Banking Operations Supervisor.
The Commercial Banking Operations Supervisor provides operational and administrative support to commercial relationship managers and business members, ensuring efficient delivery of business banking services. This role serves as a key liaison between relationship managers, internal departments, and members, assisting with loan processing, loan documentation, cash management, compliance, and member inquiries. This position will be instrumental in processing, servicing, and reporting all commercial loans including SBA guaranteed loans and digital lending originations that include quality assurance of files, boarding and ticklers to help grow the commercial lending portfolio while maintaining adherence to credit policies.
What you'll do:
- Executes workflow to ensure efficiency and accuracy of process from loan application to loan closing.
- Assists with ordering appraisals, title work, environmental reports, and related supporting documentation.
- Prepares accurate and compliant loan closing documents for Commercial, Commercial Real Estate Construction, Commercial Small Business and SBA loan requests and reviews prior to closing.
- Verifies all loan conditions are satisfied before proceeding with closing.
- Ensures that all required due diligence documents, including insurance, are provided to protect the credit union's security interests in collateral.
- Completes the final post close review of executed documents for any missing documents or document deficiencies and creates any follow up for them.
- Prepares and files required legal forms and documents with various agencies to manage Uniform Commercial Code liens, mortgage recordings, and assignments of rents and leases to perfect, maintain, and monitor the credit union's security interest in collateral.
- Completes final review of file assembly, digital archive and updates to tickler system.
- Serves as first point of contact for business members using digital online banking platform.
- Supports business member onboarding and training for ACH origination and remote deposit capture.
- Supports small business lending through a digital lending underwriting and documentation platform.
- Communicates effectively with consumer loan underwriters and branch relationship managers to assist with closings and post-closing reviews within the digital lending platform.
- Serves as a point of escalation for complex customer inquiries or issues related to commercial loans.
- Review loan documents for consistency and accuracy before final approval.
- Keep abreast of industry developments, economic factors, and market trends affecting commercial lending.
Qualifications/Experience Required:
- Bachelor's degree in finance, business, economics, or related work experience.
- Strong attention to detail and ability to notice discrepancies in data.
- Strong understanding of financial statements, ratios, and concepts.
- Strong knowledge of financial institution lending regulations.
- Strong knowledge of commercial lending practices and policies.
- General knowledge and understanding of cash management services like Remote Deposit Capture, ACH payments, and online banking business.
- Five to seven years of strong similar experience.
- Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision.
- Knowledge of SBA lending programs (7(a), 504, Express) and corresponding SBA SOP's
- Strong problem solving and conflict resolution skills
About Heritage Federal Credit Union
Heritage Federal Credit Union is a full-service financial institution with over $1 billion in assets and serves more than 65,000+ members in Gibson, Posey, Warrick, Vanderburgh, Daviess, Knox, Spencer, Pike, Perry, Crawford, Clark, Floyd, or Harrison Counties in Indiana; or Henderson, Daviess, Hopkins, Hancock, Ohio, McLean, Webster, Union, or Crittenden Counties in Kentucky; or Lawrence, Wabash, White, Gallatin or Hardin Counties in Illinois. As a nonprofit, credit unions provide low-cost financial services to their members and are mission driven. Founded in 1965, Heritage Federal is committed to improving daily lives of those we live and work with, providing members the best financial products and services, and giving back to the local communities through donations, sponsorships, and volunteerism. More information regarding Heritage Federal Credit Union can be located at heritagefederal.org.
EOE