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.
Company Description Domino's Pizza, which began in 1960 as a single store location in Ypsilanti, MI, has had a lot to celebrate lately: we're a reshaped, reenergized brand of honesty, transparency...
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...
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
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
- Interviewing
- Inventory Control
- Supply Chain
- Dispatching
- Crisis Management
- Distribution
- Flexibility
- Shrinkage Control
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Security Training
- Asset Protection
- Events
- Liaison
- Surveillance
- Internal Investigations
- Closed-Circuit Television
- Criminal Justice
- Business Continuity
- Security Operations
- Mortgage Lending
- Federal National Morgage Association
- Federal Housing Administration
- FHLMC
- Mortgage Processing
- Loan Servicing
- Mortgage Servicing
- Fraud Investigation
- Loss Prevention
- Problem Resolution
- Customer Satisfaction
- Data Analytics
- Risk Management
- Process Improvement
- Retail
- High School Diploma
- Auditing
- Investigation
- Collaboration
- Quality Assurance
- Bachelor's Degree
- Regulations
- Policy Development
- Microsoft Office
- Multitasking
- Microsoft Excel
- Organization
- Computer Skills
- Leadership
- Communication Skills
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Here are some other career titles that require similar skills
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