Loss Specialist Jobs in Massachusetts
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.
Distribution Center Loss Prevention Specialist
- Westborough, MA
- 3 days ago
- Westborough, MA
- 3 days ago
EG America is one of the fastest-growing convenience store retailers in the United States, committed to becoming Americas #1 one-stop destination. The business has an established pedigree of...
As a Loss Prevention Specialist, a typical day might include the following: Monitoring retail stores for unusual activity and potential threats including the stores themselves as well as reviewing...
The Loss Prevention Specialist (LPS) is a key hourly associate position within Amazon Operations. To keep our 24/7 operations network secure and assure operational continuity, we are looking for...
Come to work and be ready to think on your feet, grow your skills, and embrace the many opportunities. Our Distribution Centers are the key to getting new products out to TJ Maxx, Marshalls,...
Demographic Data for Massachusetts
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Loss Specialist Online Courses and Training Opportunities
Salary for Loss Specialist Jobs in Massachusetts
Required or preferred licenses and certifications for Loss Specialist positions.
Highest Education Level
Loss Specialists in Massachusetts offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loss Specialist position
- Inventory Management
- Interviewing
- Inventory Control
- Conflict Resolution
- Supply Chain
- Crisis Management
- Distribution
- Flexibility
- Shrinkage Control
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Asset Protection
- Events
- Liaison
- Accounting Software
- Surveillance
- Internal Investigations
- Inspections
- Closed-Circuit Television
- Criminal Justice
- Loss Control
- Business Continuity
- Security Operations
- Mortgage Processing
- Fraud Investigation
- Loss Prevention
- Problem Resolution
- Accounts Receivable
- Data Analytics
- Microsoft Power BI
- Customer Satisfaction
- Risk Management
- Process Improvement
- High School Diploma
- Retail
- Auditing
- Investigation
- Quality Assurance
- Bachelor's Degree
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
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