1

Collateral Underwriter Jobs in Virginia (NOW HIRING)

Credit Analyst

Reston, VA · On-site

$85K - $115K/yr

John Marshall Bank is looking for an experienced Credit Analyst to join our Credit Underwriting team in our Reston Headquarters. In this role you will: * Oversee the review of financial, collateral ...

Credit Analyst

Reston, VA · On-site

$85K - $115K/yr

John Marshall Bank is looking for an experienced Credit Analyst to join our Credit Underwriting team in our Reston Headquarters. In this role you will: * Oversee the review of financial, collateral ...

... Underwriting team in our Reston Headquarters. In this role you will: * Oversee the review of financial, collateral, and other related documentation used to evaluate commercial loan requests to ...

Senior Credit Administrator

Bristol, VA · On-site

$88K - $136K/yr

ESSENTIAL FUNCTIONS 1. Work collaboratively with lenders, credit underwriters, and members of ... by collateral, purpose, and industry levels as they relate to the Bank's capital position. 6. ...

Senior Credit Administrator

Bristol, VA · On-site

$88K - $136K/yr

ESSENTIAL FUNCTIONS 1. Work collaboratively with lenders, credit underwriters, and members of ... by collateral, purpose, and industry levels as they relate to the Bank's capital position. 6. ...

Senior Credit Administrator

Bristol, VA · On-site

$88K - $136K/yr

ESSENTIAL FUNCTIONS 1. Work collaboratively with lenders, credit underwriters, and members of ... by collateral, purpose, and industry levels as they relate to the Bank's capital position. 6. ...

Participates in loan structuring with account officers and helps prepare information for Commercial Loan underwriting including: Collecting and analyzing collateral data, and recommending conditions ...

Credit Analyst UW IV

Richmond, VA · On-site

$110K - $171K/yr

Reviewing borrower financial information, industry trends, and collateral valuations. * Supporting lenders and credit personnel with technical underwriting guidance. * Participating in credit quality ...

... underwriting experience 2. Three years of continuous collateral review experience 3. Excellent Communication skills, both written and verbal, in relating to internal and external clients 4. ...

... collateral frameworks, commutations, and specialty product documentation, with particular focus on ... The role is highly cross-functional, partnering with Underwriting, Ceded Re, Finance/Accounting ...

... collateral frameworks, commutations, and specialty product documentation, with particular focus on ... The role is highly cross-functional, partnering with Underwriting, Ceded Re, Finance/Accounting ...

Showing results 21-40

Collateral Underwriter information

See Virginia salary details

$32.2K

$78.2K

$138.3K

How much do collateral underwriter jobs pay per year?

As of Aug 10, 2026, the average yearly pay for collateral underwriter in Virginia is $78,202.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,500.00 and $86,300.00 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 the most commonly searched types of Collateral Underwriter jobs in Virginia? The most popular types of Collateral Underwriter jobs in Virginia are:
What job categories do people searching Collateral Underwriter jobs in Virginia look for? The top searched job categories for Collateral Underwriter jobs in Virginia are:
Infographic showing various Collateral Underwriter job openings in Virginia as of July 2026, with employment types broken down into 100% Full Time. Highlights an 74% In-person, and 26% Remote job distribution, with an average salary of $78,202 per year, or $37.6 per hour.

$85K - $115K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 8 days ago


Job description

John Marshall Bank is looking for an experienced Credit Analyst to join our Credit Underwriting team in our Reston Headquarters.
In this role you will:
  • Oversee the review of financial, collateral, and other related documentation used to evaluate commercial loan requests to approve or deny applications for credit.
  • Participate in credit approval process; monitors adherence to loan policy, ensures accuracy of risk rating system, ensures effective evaluation and administration of collateral.
  • Be responsible for the completion of financial spreads and analysis; credit approval and memo review for loan presentations in conjunction with Commercial Bankers, all in an independent and objective manner.
  • Maintain a continuing and informative record of data from which lending officers may make fully informed loan decisions.
  • Spread and analyze, historical and projected financial statements, tax returns, and other pertinent financial information to determine overall financial performance, condition, and creditworthiness of Borrower and other obligors.
  • Review credit files for documentation and exceptions.
  • Submit periodic exception reports.
  • Engage in effective and timely communication regarding credit considerations and issues with Credit Administration and Commercial Bankers.
  • In addition to handling the normal flow of transactions, may also be assigned to handle complex transactions.

Requirements
Required:
  • At least 2 years experience in commercial credit analysis, underwriting, and/or a formal credit training program
  • Bachelor's Degree in accounting or finance or related field from an accredited four-year college or university
  • Sound credit and analytical skills
  • Solid understanding of balance sheets, income, and cash flow statements
  • Proficiency with Microsoft Suite including Word and Excel

Preferred:
  • Ability to learn internal bank systems and additional software applications
  • Advanced knowledge of commercial real estate, commercial and industrial, general business, asset-based, and real estate construction loans within respective economic market areas
  • Strong combination of interpersonal communication skills, analytical and decision-making skills, with the ability to make recommendations and offer solutions

Compensation for this role ranges from $85,000.00 to $115,000.00 annually, commensurate with your experience and qualifications.
At John Marshall Bank, we pride ourselves on being able to attract the best talent in the industry, therefore we offer a comprehensive benefits package which includes:
  • Medical
  • Dental
  • 401K Retirement Plan w/ an Employer Match
  • Vision
  • Employee Assistance Program
  • Flexible Spending
  • Transit Reimbursement
  • Long Term Care
  • Paid Time Off
  • Life and Disability Coverage

John Marshall Bank is an Equal Opportunity Employer
At this time, John Marshall Bank will not sponsor a new applicant for employment authorization for this position.