Loss Specialist Jobs in West Chester, OH
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.
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Demographic Data for West Chester, OH
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Loss Specialist Online Courses and Training Opportunities
Salary for Loss Specialist Jobs in West Chester, OH
Required or preferred licenses and certifications for Loss Specialist positions.
Highest Education Level
Loss Specialists in West Chester, OH 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
- Dispatching
- Loading & Unloading
- Crisis Management
- Distribution
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Asset Protection
- Hazardous Materials
- Events
- Liaison
- Surveillance
- Closed-Circuit Television
- Threat Assessment
- Criminal Justice
- Business Continuity
- Order Fulfillment
- Mortgage Lending
- Mortgage Servicing
- Mortgage Processing
- Loan Servicing
- Fraud Investigation
- Resolution
- Loss Prevention
- Problem Resolution
- Customer Satisfaction
- Data Analytics
- Auditing
- Retail
- Process Improvement
- High School Diploma
- Investigation
- Collaboration
- Policy Development
- Filing
- Regulations
- Multitasking
- Microsoft Excel
- Microsoft Office
- Organization
- Scheduling
- Leadership
- Communication Skills
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