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Collateral Jobs in Illinois (NOW HIRING)

Qorali

Collateral Services

Chicago, IL · On-site

The Collateral Services Analyst is responsible for ensuring the accurate processing, monitoring, and reporting of collateral, settlement, and stock‑loan activity within a regulated financial ...

Huntington

Collateral Analyst Sr

Chicago, IL · On-site +1

$27.40 - $62.50/hr

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense ...

LegalAndGeneral

Head of US Middle Office

Chicago, IL · On-site

This role oversees Trade Services, Derivatives Operations, Collateral Management, Reconciliations, Corporate Actions, Asset Servicing, and third-party service provider performance across global ...

LegalAndGeneral

Head of US Middle Office

Chicago, IL · On-site

This role oversees Trade Services, Derivatives Operations, Collateral Management, Reconciliations, Corporate Actions, Asset Servicing, and third-party service provider performance across global ...

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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 Illinois?

The most popular types of Collateral jobs in Illinois are:

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

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

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

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

Collateral jobs near you
Infographic showing various Collateral job openings in Illinois 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.

Collateral Services

Chicago, IL • On-site

Qorali
See more jobs at Qoraliexternal

Other

Posted 9 days ago

Job description

The Collateral Services Analyst is responsible for ensuring the accurate processing, monitoring, and reporting of collateral, settlement, and stock‑loan activity within a regulated financial operations environment. This role supports the integrity of post‑trade processes by maintaining high standards of accuracy, compliance, and communication across internal teams and external market participants.


Key Responsibilities

  • Monitor and process collateral, settlement, and stock‑loan activity using internal proprietary systems, external banking platforms, and depository systems, ensuring all movements are captured and reconciled accurately.
  • Analyze collateral, settlement, and stock‑loan data across multiple systems; prepare clear, professional reports and insights for internal management and external stakeholders.
  • Engage daily with internal and external participants, including operational teams, clearing members, financial institutions, and market entities, responding to inquiries, resolving issues, and ensuring smooth operational flow.
  • Review and interpret rules, agreements, policies, and procedures, performing scheduled audits to validate the accuracy and integrity of collateral records.
  • Contribute to the development and maintenance of operational policies, procedures, and training materials, including drafting, updating, and reviewing documentation to support process consistency and regulatory compliance.
  • Ensure full adherence to organizational policies, operational standards, and regulatory requirements, maintaining a strong control environment.
  • Support ad‑hoc initiatives and corporate projects assigned by management, contributing to process improvements, system enhancements, and operational efficiency.
  • Perform additional duties as required to support the broader collateral and settlements function.

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