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Collateral Jobs in Alabama (NOW HIRING)

CB&S Bank

Commercial Loan Closer

Russellville, AL · On-site

Ensure proper perfection of collateral through UCC filings, lien recordings, title work, assignments, and other required filings. * Coordinate recording of mortgages and related security instruments.

First US Bank

Loan Servicing Specialist

Mobile, AL · On-site

Serves as a cross-functional team member, providing exceptional support and backup coverage for contract funding, collateral administration, customer service, and other internal stakeholders.

Tri-State Recovery

Repossession Agent

Birmingham, AL · On-site

$75K/yr

Recover collateral including passenger vehicles, RVs, campers, and boats * Interact professionally with the public, clients, and internal team members * Use mobile applications and technology to ...

Tri-State Recovery

Repossession Agent

Irvington, AL · On-site

$75K/yr

Recover collateral including passenger vehicles, RVs, campers, and boats * Interact professionally with the public, clients, and internal team members * Use mobile applications and technology to ...

Bryant Bank

Credit Underwriter

Tuscaloosa, AL · On-site

Collateral Evaluation: Assess the adequacy and value of collateral to determine appropriate loan structures, ensuring that risk exposure is minimized. Loan Approval Recommendations: Prepare well ...

Archinect

Creative Director

Birmingham, AL · On-site

Review and approve external presentations, messaging, imagery, and collateral before they leave the firm Image and Storytelling * Oversee the photography program end to end: contribute to which ...

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All JobsCollateral JobsCollateral Jobs in Alabama

Collateral information

See Alabama salary details

$16

$26

$43

How much do collateral jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for collateral in Alabama is $26.01, according to ZipRecruiter salary data. Most workers in this role earn between $17.45 and $34.86 per hour, depending on experience, location, and employer.

What is a collateral specialist?

Collateral specialists are professionals responsible for managing and monitoring assets pledged as security for loans or other financial transactions. They ensure that all collateral documentation is accurate, complete, and compliant with regulatory and internal requirements. Collateral specialists work closely with lenders, borrowers, and other financial institutions to assess the value of collateral, track its status, and mitigate risks associated with lending. Their role is crucial in protecting the interests of lenders by reducing potential losses in case of borrower default.

What are some of the key challenges faced by professionals managing collateral in a financial institution?

Professionals managing collateral in financial institutions often deal with challenges such as ensuring the accurate valuation of assets, maintaining compliance with regulatory requirements, and managing counterparty risk. They must regularly monitor the quality and liquidity of collateral, especially in volatile markets, and coordinate closely with risk management, legal, and trading teams to address margin calls and prevent shortfalls. Effective communication and attention to detail are essential to navigate these complexities and protect the institution's interests.

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

To thrive as a Collateral Analyst, you need a solid understanding of finance, risk assessment, and asset valuation, typically backed by a degree in finance, accounting, or a related field. Familiarity with collateral management systems, financial modeling software, and sometimes certifications like CFA or FRM is valuable. Strong analytical thinking, attention to detail, and effective communication are critical soft skills for identifying risks and presenting findings to stakeholders. These competencies ensure accurate collateral evaluation and risk mitigation, which are vital for safeguarding an organization’s financial stability.

What is the difference between Collateral vs Loan Officer?

AspectCollateralLoan Officer
Required CredentialsKnowledge of asset valuation, basic financial understandingLoan origination licenses, financial knowledge
Work EnvironmentFinancial institutions, collateral appraisal settingsBank branches, lending offices
Industry UsageUsed in lending to describe assets securing loansRole involves evaluating and approving loans

Collateral refers to assets pledged to secure a loan, ensuring repayment. A Loan Officer is responsible for evaluating loan applications, including assessing collateral. While collateral is a key component in lending, the Loan Officer manages the entire loan process, making these roles related but distinct.

What is a collateral position?

A collateral position in a job context refers to a role where the employee manages or oversees collateral assets, such as securities or property, used to secure loans or credit. This position often requires knowledge of financial instruments, risk assessment, and compliance with regulations. It is common in banking, finance, and lending environments.

What are the most commonly searched types of Collateral jobs in Alabama?

The most popular types of Collateral jobs in Alabama are:

What are popular job titles related to Collateral jobs in Alabama?

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

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

The top searched job categories for Collateral jobs in Alabama are:

Collateral jobs near you
Infographic showing various Collateral job openings in Alabama as of August 2026, with employment types broken down into 89% Full Time, 7% Part Time, and 4% Contract. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution, with an average salary of $54,105 per year, or $26 per hour.

Commercial Loan Closer

Russellville, AL • On-site

CB&S Bank
Commercial Banking • 201 - 500 employees
Learn more about CB&S Bankexternal

Full-time

Re-posted yesterday

Job description

GENERAL FUNCTION:
The Commercial Loan Documentation & Closing Agent is responsible for coordinating, preparing, reviewing, and facilitating the closing of commercial loan transactions in accordance with bank policies, regulatory requirements, and approved credit authorizations. This position serves as a critical liaison among lenders, borrowers, attorneys, title companies, and other third parties to ensure accurate documentation, timely closings, and proper perfection of collateral interests. The ideal candidate possesses strong knowledge of commercial lending documentation, closing procedures, collateral requirements, and regulatory compliance, with exceptional attention to detail and organizational skills.
MAJOR DUTIES AND RESPONSIBILITIES:
  • Review approved commercial loan packages, credit approvals, and underwriting conditions to determine documentation requirements.
  • Prepare, review, and coordinate commercial loan documentation, including loan agreements, promissory notes, security agreements, guaranties, mortgages, deeds of trust, assignments, and other related documents.
  • Utilize document preparation systems and attorney-prepared documents to ensure accuracy and consistency with approved loan terms.
  • Verify compliance with loan approval conditions and bank policies prior to closing.
  • Ensure all required approvals, insurance certificates, appraisals, environmental reports, and due diligence items are obtained and reviewed.
  • Coordinate loan closings with borrowers, lenders, attorneys, title companies, and other third parties.
  • Prepare closing checklists and monitor transaction progress to ensure timely funding.
  • Review executed loan documents for completeness, accuracy, and proper execution.
  • Confirm satisfaction of all closing conditions before authorizing funding.
  • Coordinate disbursement of loan proceeds and ensure proper documentation of funding activities.
  • Ensure proper perfection of collateral through UCC filings, lien recordings, title work, assignments, and other required filings.
  • Coordinate recording of mortgages and related security instruments.
  • Review title commitments, title policies, and lien searches to identify and resolve issues affecting collateral.
  • Complete post-closing reviews to verify all required documents and filings have been received.
  • Track and clear post-closing exceptions in a timely manner.
  • Ensure all loan documentation complies with applicable laws, regulations, and internal policies.
  • Maintain adherence to commercial lending procedures and documentation standards.
  • Identify documentation deficiencies, exceptions, and potential risks and escalate concerns as appropriate.
  • Assist with internal audits, loan reviews, and regulatory examinations.
  • Maintain accurate records and documentation within loan servicing and document management systems.
  • Serve as a primary point of contact for lenders, borrowers, attorneys, and third-party service providers throughout the closing process.
  • Provide guidance regarding documentation requirements and closing procedures.
  • Foster strong working relationships while ensuring adherence to bank policies and risk management standards.
  • Demonstrates an aptitude for banking and exhibits proficiency in all areas of loan documentation. Has an inherent duty and responsibility to follow all policies and procedures regarding loan documentation.
  • Assists Lending Officers in processing loans and correspondence. Processes loans, mortgages, and other supporting documentation and correspondence for all Loan Officers.
  • Assembles and reviews for completeness the documentation necessary to be included in file for all loans processed in the Loan Processing Department. Processes files from opening through closing of each loan.
  • Reviews real estate appraisals and title insurance for exceptions regarding mortgage loans. Works with Loan Officers to clear exceptions.
  • Prepares real estate loan documentation for loan closings.
  • Originates and follows up on mortgage loan files in compliance with all state and federal regulations.
  • Maintains current knowledge of underwriting guidelines for various investors and internal software systems used.
  • Requires the ability to interact effectively with all levels of bank personnel. Responsible for directing the workflow for the department.
  • Assumes duties of Underwriter as needed.
  • Assumes duties of Processor as needed.

ADDITIONAL RESPONSIBILITIES
  • Resolves questions or problems with tact and performs clerical duties necessary for the efficient operation of the department.
  • May assist in processing draws and recording on loans.
  • Knowledgeable of all bank products and services.
  • Ability to cross-sell to existing and prospective customers.
  • Performs all other duties assigned by supervisor.

JOB QUALIFICATIONS:
  • High school graduate or equivalent
  • Minimum of 3-5 years of commercial loan documentation, loan closing, commercial banking operations, or related experience.
  • Experience reviewing and preparing commercial loan documents and coordinating complex loan closings preferred.
  • Proven knowledge of loan policies and procedures.
  • Intimate knowledge of Real Estate Settlement and Procedures Act, Truth in Lending, and Home Mortgage Disclosure Act. Understanding of UCC filings, collateral perfection, title insurance, and lien documentation.
  • Familiarity with commercial real estate, C&I, construction, and SBA lending transactions.
  • Excellent organizational skills and communication skills, both verbal and written. Demonstrated ability to interact with customers and employees and listen effectively.
  • Demonstrated ability to adapt to and use other PC based software packages.

STANDARDS OF PERFORMANCE
  • Attains specific goals related to production and quality documentation as described by supervisor.
  • Performs all areas of responsibilities so they are completed in a timely, accurate, and thorough manner.
  • Acceptable attendance and reporting to work in a timely manner.
  • Maintains positive work-environment with co-workers, vendors, and customers.
  • Conducts customer relations in a manner that will enhance the overall marketing effort of the bank.
  • Must be courteous and respectful of all customers and employees.
  • All employees are expected to conduct themselves in a professional matter, which is conducive to the effective operation of the Bank.
  • Follows and implements all company policies and procedures.
  • Ability to maintain matters of a highly confidential nature.
  • Honesty must be an essential ingredient in all matters.
  • Attempts to return all phone calls the same day as they are received.

RISKS
Losses resulting from legal and compliance issues. Losses resulting from improper documentation. Fines and/or penalties resulting from state and federal examiners.
CONTROLS
Reviews completed by credit administration, internal and external auditors, supervisor, and federal examiners. Documentation reviewed by loan administration and loan officers.
EQUIPMENT INVOLVED:
Computer, calculator, loan processor, telephone, copier, fax machine, and other business-related equipment on bank premises.

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