Loss Specialist Jobs
A Loss Specialist in the banking industry primarily handles the recovery of bank's losses on delinquent loans or other types of bank debts. Their job responsibilities include negotiating payment arrangements with debtors, managing debt recovery, mitigating losses, and ensuring the bank's compliance with banking laws and regulations. They also perform risk analysis, track and monitor accounts to identify outstanding debts, investigate historical data for each debt or bill and work to recover overdue payments.
Important skills and certifications for a Loss Specialist include excellent communication and negotiation skills, analytical thinking abilities, and a profound understanding of the banking industry and its regulations. They must be certified in loans and recovery, with some banks requiring a Certified Receivables Compliance Professional (CRCP) or Certified in Consumer Debt Collection (CCDC). Prior roles that equip an individual for a Loss Specialist position may include working as a Loan Officer, Collection Specialist, or a Credit Analyst.
Worldwide Operations Security (WWOS) is the global organization that supports field Security and Loss Prevention and is designed to support Amazons Worldwide Operations, as well as affiliate and...
What You Need To Know Shape a remarkable future with us. Build a career working for an industry leader that truly invests in their people and equips them with leading technology, continuous...
Worldwide Operations Security (WWOS) is the global organization that supports field Security and Loss Prevention and is designed to support Amazons Worldwide Operations, as well as affiliate and...
Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both residential and business purpose loans. As a specialty mortgage servicer who sees the...
TJ Maxx At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. You'll be part of our vibrant team that embraces diversity, fosters collaboration, and...
Security and Loss Prevention Specialist, Vancouver, Worldwide Operations Security
- Tsawwassen, BC
- 22 hours ago
- Tsawwassen, BC
- 22 hours ago
Worldwide Operations Security (WWOS) is the global organization that supports field Security and Loss Prevention and is designed to support Amazons Worldwide Operations, as well as affiliate and...
PENNYMAC Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans...
A Day in the Life: As a Department Manager, you are a cut above the rest, ensuring the day-to-day operations and sales of the department run smoothly, while leading and engaging your team. To...
TJX Companies At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. Youll be part of our vibrant team that embraces diversity, fosters collaboration, and...
TJX Companies At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. Youll be part of our vibrant team that embraces diversity, fosters collaboration, and...
Team Overview Join a highly collaborative and fast-paced team focused on identifying and resolving various types of post-purchase eCommerce fraud. This role offers a unique opportunity to apply...
DESCRIPTION Worldwide Operations Security (WWOS) is the global organization that supports field Security and Loss Prevention and is designed to support Amazon's Worldwide Operations, as well as...
HomeGoods At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. Youll be part of our vibrant team that embraces diversity, fosters collaboration, and...
About Us Ascend is the largest credit union in Middle Tennessee and one of the largest credit unions in the United States, with over $4 billion in assets. With an occupation-based field of...
A Day in the Life: As a Department Manager, you are a cut above the rest, ensuring the day-to-day operations and sales of the department run smoothly, while leading and engaging your team. To...
Loss Specialist Online Courses and Training Opportunities
Salary for Loss Specialist Jobs Nationwide
Required or preferred licenses and certifications for Loss Specialist positions.
Highest Education Level
Loss Specialists offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loss Specialist position
- Inventory Management
- Logistics
- Interviewing
- Conflict Resolution
- Supply Chain
- Loading & Unloading
- Store Management
- Report Writing
- Crisis Management
- Distribution
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Asset Protection
- Events
- Liaison
- Surveillance
- Discretion
- Closed-Circuit Television
- Threat Assessment
- Criminal Justice
- Business Continuity
- Order Fulfillment
- Mortgage Servicing
- Fraud Investigation
- Courteous
- Loss Prevention
- Problem Resolution
- Customer Satisfaction
- Data Analytics
- Retail
- Process Improvement
- Auditing
- High School Diploma
- Investigation
- Collaboration
- Filing
- Policy Development
- Multitasking
- Microsoft Excel
- Microsoft Office
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loss Specialist Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »