Skip to content
  • About Us
  • Foundation
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Join
Boston Chamber
  • Events
        • Events

          • Overview
          • Events Calendar
          • Chamber Awards
          • New Chamber Event Series
        • ...
          Premier Event
          2025 Annual Meeting

          Join us for our highly anticipated Annual Meeting, Greater Boston's top business convening of the year.

          05/20/2025

          4:30pm - 8:00pm

          Omni Boston Hotel

          arrow-go
          Read More
        • ...
          Pacesetters
          Doing Business with Columbia Construction

          This virtual event gives small business owners the chance to hear directly from procurement officers about opportunities to work with them.

          05/29/2025

          12:00pm - 1:00pm

          Virtual

          arrow-go
          Read More
        • ...
          City Awake
          Art of Connection: An Evening at the Museum of Fine Arts, Boston

          Join us for an exclusive networking event at the Museum of Fine Arts and enjoy self-guided tours of John Wilson and Van Gogh, showcasing the deep bond of family, friendship, and community.

          06/05/2025

          5:30pm - 8:30pm

          Museum of Fine Arts

          arrow-go
          Read More
  • Learning & Development
        • Learning & Development

          • Overview
          • Call for Nominations
          • Insights
        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Authentic Professionalism for Early Career Professionals

          Join us on June 12 for a highly interactive virtual workshop with Strategic Career & Leadership Coach Carole-Ann Penney.

          Read More
  • Economic Inclusion
        • Economic Inclusion

          • Overview
          • Pacesetters
          • Resources
        • ...
          Economic Inclusion
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          arrow-go
          Read More
        • ...
          Economic Inclusion
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          arrow-go
          Read More
        • ...
          Small Business
          Small Business

          Small businesses are the backbone of the Boston economy. Learn more about the resources available through the Chamber.

          arrow-go
          Read More
  • Policy & Impact
        • Policy & Impact

          • Overview
          • Leadership Councils
          • Amicus Advisory Board
        • GET INVOLVED IN OUR POLICY FOCUS AREAS

          Business Climate
          Read More
          Climate & Energy
          Read More
          Health Care
          Read More
          Housing & Development
          Read More
          Talent
          Read More
          Transportation
          Read More
  • Our Networks
        • GBCC’s Networks

          • Overview
        • OUR NETWORKS

          Small Business

          Small businesses are the backbone of the Boston economy. Learn more about the resources available through the Chamber.

          Read More
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          BIMA

          BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.

          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          Read More
  • Membership
        • Membership

          • Overview
          • Membership Benefits
          • Membership Levels
          • Member Stories
          • Request a Meeting
          • Join Today
        • Chamber Membership
        • About Us
          Our Impact

          Explore our mission and values to better understand how we are leading the business community forward.

        • Greater Boston Chamber of Commerce
        • Membership Directory
          Not sure if you’re a member?

          Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.

        • For our members

          • Member Resources
          • Member Deals
          • Sponsorship Opportunities
          • Connect with your Member Services Rep
          • Sign In
  • join
Bostonchamber
Boston Chamber
  • Events
        • Events

          • Overview
          • Events Calendar
          • Chamber Awards
          • New Chamber Event Series
        • ...
          Premier Event
          2025 Annual Meeting

          Join us for our highly anticipated Annual Meeting, Greater Boston's top business convening of the year.

          05/20/2025

          4:30pm - 8:00pm

          Omni Boston Hotel

          arrow-go
          Read More
        • ...
          Pacesetters
          Doing Business with Columbia Construction

          This virtual event gives small business owners the chance to hear directly from procurement officers about opportunities to work with them.

          05/29/2025

          12:00pm - 1:00pm

          Virtual

          arrow-go
          Read More
        • ...
          City Awake
          Art of Connection: An Evening at the Museum of Fine Arts, Boston

          Join us for an exclusive networking event at the Museum of Fine Arts and enjoy self-guided tours of John Wilson and Van Gogh, showcasing the deep bond of family, friendship, and community.

          06/05/2025

          5:30pm - 8:30pm

          Museum of Fine Arts

          arrow-go
          Read More
  • Learning & Development
        • Learning & Development

          • Overview
          • Call for Nominations
          • Insights
        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Authentic Professionalism for Early Career Professionals

          Join us on June 12 for a highly interactive virtual workshop with Strategic Career & Leadership Coach Carole-Ann Penney.

          Read More
  • Economic Inclusion
        • Economic Inclusion

          • Overview
          • Pacesetters
          • Resources
        • ...
          Economic Inclusion
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          arrow-go
          Read More
        • ...
          Economic Inclusion
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          arrow-go
          Read More
        • ...
          Small Business
          Small Business

          Small businesses are the backbone of the Boston economy. Learn more about the resources available through the Chamber.

          arrow-go
          Read More
  • Policy & Impact
        • Policy & Impact

          • Overview
          • Leadership Councils
          • Amicus Advisory Board
        • GET INVOLVED IN OUR POLICY FOCUS AREAS

          Business Climate
          Read More
          Climate & Energy
          Read More
          Health Care
          Read More
          Housing & Development
          Read More
          Talent
          Read More
          Transportation
          Read More
  • Our Networks
        • GBCC’s Networks

          • Overview
        • OUR NETWORKS

          Small Business

          Small businesses are the backbone of the Boston economy. Learn more about the resources available through the Chamber.

          Read More
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          BIMA

          BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.

          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          Read More
  • Membership
        • Membership

          • Overview
          • Membership Benefits
          • Membership Levels
          • Member Stories
          • Request a Meeting
          • Join Today
        • Chamber Membership
        • About Us
          Our Impact

          Explore our mission and values to better understand how we are leading the business community forward.

        • Greater Boston Chamber of Commerce
        • Membership Directory
          Not sure if you’re a member?

          Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.

        • For our members

          • Member Resources
          • Member Deals
          • Sponsorship Opportunities
          • Connect with your Member Services Rep
          • Sign In
  • join
  • About Us
  • Foundation
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Join

Collateral Analyst

Posted: 03/25/2025
Financial Services

The Federal Home Loan Bank of Boston (FHLBank Boston) is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. FHLBank Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.

Our highly skilled team of 200 is innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.

Position Summary
The Collateral Analyst (Analyst) is responsible for ensuring that all Bank advances and other exposures to members are fully secured with qualified, eligible collateral at all times in accordance with the Bank’s Products and Solutions Guide and other risk management policies and procedures. 

Specifically, the Analyst will process, analyze, and value collateral pledged by members and non-member borrowers to secure extensions of credit from the Bank.  The Analyst will assist in the preparation of reports regarding collateral composition, valuation estimates, and the borrowing capacity of members to facilitate decisions by Bank management regarding lending to members.  The Analyst will also interact via email and by telephone with member institutions, including senior management at member institutions, regarding their collateral positions, the eligibility of various assets as collateral, and be the point of first contact for members regarding the interpretation of Bank collateral policies.  The Analyst also interacts with the Bank’s Member Services Department and other stakeholders regarding member collateral inquiries.

The Analyst will also help to support the maintenance and enhancement of Bank policies, processes, and procedures by participating in the testing of the functionality of systems. The Analyst also will complete additional tasks assigned by AVP/ Member Collateral Risk, VP/ Member Collateral Management, and VP / Director, Collateral and AMA Risk Management.

This role will have a hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program. More time will be expected in the office to support onboarding initially, up to 90 days.

Specific Responsibilities

  •   Review collateral pledged to the Bank to ensure compliance with the Bank’s Products and Solutions Guide.
  •   Analyze quarterly updates of information for mortgage collateral listed with and/or delivered to the Bank to ensure its ongoing eligibility and accurate formatting to facilitate analysis using the Bank’s market and credit risk analysis models.
  •   Work with members that have a low collateral excess to remind them of their ongoing responsibility to maintain sufficient qualified eligible collateral with the Bank.
  •   Serve as a point of first contact for members seeking to pledge additional loan collateral, and work with the Collateral Review team to facilitate the qualification of additional collateral.
  •   Support the ongoing analysis of securities pledged as collateral.
  •   Support the ongoing analysis of loan and securities collateral documentation between the member, the Bank, and third parties.  These third parties may include securities and document custodians, and servicers.
  •   Support ongoing testing of new policies, procedures, and systems as necessary.
  •   Review residential mortgage loans pledged to the Bank to ensure their eligibility as collateral, including a review of the accuracy of information provided by member on the collateral list and the adequacy of legal documentation included in the files.  Communicate with members, as needed, to cure document and data deficiencies in a timely manner.
  •   Work with the collateral review staff after the review by finalizing required system adjustments, revised QCRs, approved/ineligible loans in the Bank’s internal collateral database.
  • Support the collateral review team
  •  Ensure the annual review of third-party security custodian’s SOC 1 reports are completed and documented.
  •   Manage collateral transactions, including the addition or release of cash, securities, and/or loan collateral. Verify that the member has sufficient eligible collateral prior to the release of any collateral.
  •  Test, implement and/or propose enhancements to systems or procedures.
  •  Attention to detail; must have a commitment to accuracy, striving for an error-free environment.
  •  Participate in collateral inventories and in-house collateral audits as necessary.
  •   Prepare reports on collateral as requested by the AVP/Member Collateral Risk, VP/ Member Collateral Management, and VP / Director, Collateral and AMA Risk Management. Ensure that quality customer service is provided to members, third party custodians, Federal Reserve Bank staff, corporate credit unions, Bank staff and management in an effective, professional, and courteous manner.
  •  Ensure that he/she receives training and takes initiative to practice current policies and procedures (as established by the Bank and the department) as well as current training initiatives within the Bank.
  •  Other duties as assigned.
 
Knowledge/Skills
  •  Strong organizational and communications skills
  •  Excellent organizational and time management skills required as office time is limited.
  •  Ability to work well in a team environment
  •  Proficiency in Microsoft Excel and Microsoft Word required. 
  •  Strong computer skills, especially in financial spreadsheet report preparation using Excel or SSRS Reports is a plus.
  •  Ability to work independently with minimal supervisory guidance, and to also work well on team-based projects
 
Education
  •  A degree is preferred, with concentration in Business, Finance, or a related field or equivalent work experience.
 
Experience
  •  General understanding of standard mortgage loan documentation, loan underwriting, U.S. Government and Agency securities is strongly preferred.
  •  Prior experience in a financial or banking institution preferable.
 
As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Collateral Analyst
Federal Home Loan Bank of Boston
Scott Barker
  • 800 Boylston Street Boston MA 02199
  • (617) 292-9600
  • (617) 292-9645
  • Send Email
  • Visit Website

Additional Postings available from Federal Home Loan Bank of Boston

Senior Internal Auditor

Event Manager

Director, Vendor Management

(Senior) Financial Strategist

Executive Administrator/Assistant

Accountant I (AP/AR)

Business Directory Events Calendar Hot Deals Job Postings Contact Us Join The Chamber
GrowthZone - Membership Management Software
Share
Print Email Facebook Twitter LinkedIn
Tell a Friend

265 Franklin Street
Suite 1701
Boston, MA 02110
Get Directions
Contact us
  • Events
  • Learning & Development
  • Economic Inclusion
  • Policy & Impact
  • Our Networks
  • Membership
  • join
  • About Us
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Privacy Policy
  • Terms & Conditions

© 2025 Greater Boston Chamber of Commerce. All Rights Reserved.

Popular Resources

  • Small Business  
  • News & Insights  
  • Member Resources  
  • Small Business  
Close