Commercial Collateral Analyst

CREDIT UNION 1•Lombard, IL

22h•$27 - $34•Onsite

About The Position

The Commercial Collateral Analyst supports the evaluation, documentation, and monitoring of collateral for commercial loan portfolios. This role ensures collateral is properly recorded, valued, and compliant with internal policies and regulatory standards. The analyst works closely with credit officers, loan operations, and relationship managers to help mitigate risk and support sound lending practices.

Requirements

Bachelor’s degree in finance, Accounting, Business Administration, or related field; or equivalent combination of education and experience.
2–4 years of experience in commercial lending, credit analysis, or collateral management.
Familiarity with regulatory requirements related to collateral and loan documentation.

Nice To Haves

Experience working with financial institutions or credit unions preferred.

Responsibilities

Review collateral documentation for commercial loans, including UCC filings, appraisals, title work, and insurance.
Assess the adequacy and quality of collateral securing loan facilities.
Monitor collateral values and ensure compliance with loan covenants and margin requirements.
Coordinate with third-party vendors for appraisals and environmental reports.
Maintain collateral tracking systems and databases.
Adheres to Credit Union 1’s MBL policies and procedures; stays abreast of regulations that impact lending and credit granting.
Assist in loan reviews, audits, and regulatory examinations by providing accurate collateral documentation.
Collaborate with credit and lending teams to structure deals with appropriate collateral coverage.
Identify and report collateral-related risks or deficiencies to the appropriate party
Recommend process improvements to enhance collateral management efficiency and accuracy.
Promote CU1’s core values: Be Great, Be Engaged, Be Open, Be Nice.

Benefits

Get paid for NOT working 14 holidays each year!
Paid Time Off (PTO) begins accruing day one of employment
Tuition reimbursement for approved courses (after 1 year)
Free Employee Assistance Program (EAP)
Livongo Diabetes Management Program
Career growth opportunities it's our philosophy to promote from within whenever possible.
Credit Union 1 is committed to your success and professional development.
Medical PPO insurance
High Deductible Health Plan (HDHP) and Health Savings Account (HSA)
Dental & vision insurance
Life, AD&D, short and long-term disability insurance (100% company paid)
401(k) retirement and profit-sharing plan (must be 20 years old)
Free Teledoc 24/7 Physician Services
Pet Insurance
Paid Family Medical Leave (When FMLA Eligible)
Being part of a team providing services with the goal of improving the ongoing economic well-being of our members.
Exclusive interest rate reduction for qualifying loan products.