The average pay for a Collateral Specialist is $44,770 per year. People in this job generally don't have more than 20 years' experience.

$32,236 - $75,291
(Median)
$32K
$45K
$75K
MEDIAN: $44,769
10%
50%
90%

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$11.85 - $22.30
(Median)
$12
$16
$22
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$32,236 - $75,291  
   
Bonus
$2,948  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,135 - $71,158  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 31
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$11.85 - $22.30  
   
Overtime
$30.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$2,948  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,135 - $71,158  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 27
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Job Description for Collateral Specialist

  • Verify and track policies, compliancy, and requirements.
  • Prepare and file forms and documents.
  • Recover collateral.
  • Communicate with clients, agents and banks.

Collateral Specialist Job Listings

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Pay by Experience Level for Collateral Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Collateral Specialist Advice

What do you wish you knew about your job when you first started out?

Collateral Specialist in Birmingham:
"I wish I knew that my opportunities to advance was limited."
Customer Service and Teamwork are the most important services you can offer to a business. This position requires special attention to details and knowledge of banking regulations and bank policy. Be ready to show your talent and abilities and know that your character and attitude play a large part in providing the needs for the customer and the bank.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Related Jobs

Experience Affects Collateral Specialist Salaries

Late-Career
up arrow 14%

Mid-Career
up arrow 4%

Experienced
up arrow 3%

National Average
$40,000

Entry-Level
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
7%
1-4 years
38%
5-9 years
24%
10-19 years
21%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 77%
medical benefits
Vision: 79%
dental benefits
None: 5%
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