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Collateral Underwriter Jobs in Ohio (NOW HIRING)

Captives Underwriter

Independence, OH · Hybrid

$124K - $199K/yr

... collateral management. * Possesses a deep understanding of the business. * Demonstrated ... Production Underwriting and Sales * Exhibits a commitment to finding ways to write profitable new ...

Senior Merchant Underwriter

Cleveland, OH · On-site

$95K - $113K/yr

Develop and implement strategies to mitigate credit risk, including recommending collateral ... Ensure all underwriting activities comply with company policies, industry regulations, and legal ...

Capacity, Credit, Collateral, and Cash. * Deliver high-quality service with 24-hour turn times and ... other Underwriters with daily volume. * Perform additional duties as needed to support team and ...

Capacity, Credit, Collateral, and Cash. * Deliver high-quality service with 24-hour turn times and ... other Underwriters with daily volume. * Perform additional duties as needed to support team and ...

Capacity, Credit, Collateral, and Cash. * Deliver high-quality service with 24-hour turn times and ... other Underwriters with daily volume. * Perform additional duties as needed to support team and ...

Check the VIN of all collateral taken against the State's website to verify accuracy of same. * Review and process TMS transactions on approved dealer loans. * Complete the underwriting portion of ...

Underwriting Focus on new money to new borrowers to the bank. * Work in cooperation with ... Collateral Operations. * Complete internal and external post-closing items. * Complete the ...

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Collateral Underwriter information

See Ohio salary details

$30.9K

$75K

$132.6K

How much do collateral underwriter jobs pay per year?

As of Aug 11, 2026, the average yearly pay for collateral underwriter in Ohio is $74,989.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $82,700.00 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 cities in Ohio are hiring for Collateral Underwriter jobs? Cities in Ohio with the most Collateral Underwriter job openings:
Infographic showing various Collateral Underwriter job openings in Ohio as of August 2026, with employment types broken down into 91% Full Time, 4% Part Time, and 5% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $74,989 per year, or $36.1 per hour.