Loss Specialist Jobs in Boston, MA
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.
- North Andover, MA (21 miles from Boston, MA)
- 24 days ago
- North Andover, MA (21 miles from Boston, MA)
- 24 days ago
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...
- Dorchester, MA (3 miles from Boston, MA)
- 30+ days ago
- Dorchester, MA (3 miles from Boston, MA)
- 30+ days ago
Marshalls 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...
Demographic Data for Boston, MA
Moving to Boston, MA? Find some basic demographic data about Boston, MA below.
Loss Specialist Online Courses and Training Opportunities
Salary for Loss Specialist Jobs in Boston, MA
Highest Education Level
Loss Specialists in Boston, MA 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
- Crisis Management
- Distribution
- Flexibility
- Implementation
- Military Background
- Law Enforcement
- Physical Security
- Asset Protection
- Events
- Liaison
- Surveillance
- Internal Investigations
- Closed-Circuit Television
- Criminal Justice
- Business Continuity
- Security Operations
- Mortgage Lending
- Lending
- BSA
- Mortgage Processing
- Mortgage Servicing
- Financial Services
- Loan Servicing
- Fraud Investigation
- Loss Prevention
- Real Estate
- Problem Resolution
- Risk Management
- Customer Satisfaction
- Data Analytics
- Collections
- Process Improvement
- High School Diploma
- Retail
- Auditing
- Investigation
- Quality Assurance
- Collaboration
- Bachelor's Degree
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Leadership
- Communication Skills
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