Loss Specialist Jobs in Michigan
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.
Apply Description We are seeking to hire an energetic candidate to fill a full-time position in our loss prevention department. This position is responsible for the apprehension of shoplifters,...
Demographic Data for Michigan
Moving to Michigan? Find some basic demographic data about Michigan below.
Loss Specialist Online Courses and Training Opportunities
Salary for Loss Specialist Jobs in Michigan
Required or preferred licenses and certifications for Loss Specialist positions.
Highest Education Level
Loss Specialists in Michigan 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
- Safety Training
- Supply Chain
- Dispatching
- Loading & Unloading
- Crisis Management
- Distribution
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Security Training
- Asset Protection
- Hazardous Materials
- Events
- Liaison
- Surveillance
- Discretion
- Closed-Circuit Television
- Threat Assessment
- Criminal Justice
- Business Continuity
- Order Fulfillment
- Security Operations
- Mortgage Lending
- Mortgage Processing
- Financial Services
- Fraud Investigation
- File Management
- Loss Prevention
- Problem Resolution
- Customer Satisfaction
- Data Analytics
- Process Improvement
- Retail
- High School Diploma
- Auditing
- Microsoft Outlook
- Investigation
- Collaboration
- Reporting
- Policy Development
- Multitasking
- Microsoft Office
- Microsoft Excel
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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