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Collateral Jobs in California (NOW HIRING)

City National Bank

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 ...

Carrington Mortgage Services

Onsite Collateral Analyst

Anaheim, CA · On-site

$25/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Collateral Analyst will be responsible for collateral file reporting with all custodians of record as well as ensuring the accuracy of reporting for all collateral related data used for business ...

Cathay Bank

Senior Collateral Analyst

Los Angeles, CA · On-site

$26.44 - $34.95/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Video Clip 1 Video Clip 2 Video Clip 3 GENERAL SUMMARY The Senior Collateral Analyst is responsible for the analysis and validity of Collateral assigned to Cathay Bank. He/she may monitor complex and ...

Zillow

Collateral Specialist

Irvine, CA

$22.80 - $34.20/hr

The role ensures documentation, data, and collateral meet investor, agency, and regulatory requirements while coordinating with internal teams and external parties to clear exceptions and support ...

Zillow Group, Inc.

Collateral Specialist

Irvine, CA · On-site

$22.80 - $34.20/hr

The role ensures documentation, data, and collateral meet investor, agency, and regulatory requirements while coordinating with internal teams and external parties to clear exceptions and support ...

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Collateral information

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 California?

The most popular types of Collateral jobs in California are:

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

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

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

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

Collateral jobs near you
Infographic showing various Collateral job openings in California as of August 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 83% Physical, 6% Hybrid, and 11% Remote job distribution.

Payoff/Collateral Specialist

City National Bank

Los Angeles, CA • On-site

$20.28 - $30.42/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 21 hours ago

Job description

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 demand letters and real estate reconveyance at loan payoff. Also reviewing all collateral items to ensure adherence to established Bank and department policiesResponsibilities include reviewing, investigating and clearing items on the collateral exception reports, ensuring proper control and maintenance of collateral entries to the loan collateral system, investigating and researching unresolved collateral discrepancies and processing paid loan paperwork for units assigned. investigating and clearing items on the paid collateral exception reports.
WHAT WILL YOU DO?
  • Reviews loan note and related loan documents prepares payoff statements and demands for title and escrow companies as well as borrower.
  • Interprets terms of notes relating to prepayment penalties and accurately calculates and represents same in payoff statements.
  • Releases collateral upon satisfaction of debt or receipt of appropriate levels of loan authority. Prepares and submits reconveyance documents for filing within regulation time period.
  • Researches and follows up on exception items relating to paid loans. Ensures that lenders and various related departments are notified of pending items and follows up to clear up exceptions.
  • Ensures proper control and maintenance of collateral files as required by Bank policy to facilitate examination by Bank Auditors, National Bank Examiners and Loan Review personnel.
  • Investigates and researches unresolved collateral discrepancies. Consulting with department supervisors and manager to resolve problems or errors relating to collateral such as improper securities provided as collateral, incomplete collateral provided, etc. May contact other departments such as Securities Custody, New Accounts, etc. to resolve pending problems or errors.
  • Processes paid loans, reviews files, forwards appropriate documents to borrower as paid and archives the file.
  • Maintains a proactive commitment to established bank programs, such as Community Reinvestment Act (CRA) and Affirmative Action.
  • Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
  • Minimum of two years working with all types of collateral on commercial loans
  • Minimum of two years working with commercial loan documentation
  • Minimum of two years of experience in identifying and handling brokerage account statements with stocks, cash and bonds held as collateral

Additional Qualifications
  • Knowledge of commercial loan documentation required.
  • Experience in identifying and handling brokerage account statements with stocks, cash and bonds held as collateral as required.
  • Knowledge of Depositary Transfer Company operations helpful.
  • Working knowledge of Microsoft Word/Excel would be required.
  • Ability to interact effectively with all levels of Bank personnel, departments and customers.
  • Proficient P.C. skills.
  • Excellent verbal/written communication skills required.

WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $20.28 - $30.42 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

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