Post job

At-risk specialist vs bankruptcy specialist

The differences between at-risk specialists and bankruptcy specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an at-risk specialist, becoming a bankruptcy specialist takes usually requires 2-4 years. Additionally, an at-risk specialist has an average salary of $58,801, which is higher than the $35,498 average annual salary of a bankruptcy specialist.

The top three skills for an at-risk specialist include risk management, customer service and operational risk. The most important skills for a bankruptcy specialist are relief, pacer, and foreclosure.

At-risk specialist vs bankruptcy specialist overview

At-Risk SpecialistBankruptcy Specialist
Yearly salary$58,801$35,498
Hourly rate$28.27$17.07
Growth rate9%10%
Number of jobs14,5834,381
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 50%
Average age4346
Years of experience64

What does an at-risk specialist do?

An at-risk specialist is responsible for identifying risk events that may pose harm to the business reputation and financial stability of an organization. At-risk specialists strategize on plans and techniques to minimize financial loss and excessive costings, developing methods and opportunities that would increase the company's revenues and profits. They resolve insurance discrepancies and manage financial disputes that may have litigation impact on the business. An at-risk specialist reviews financial documents and incident reports, file claims, and process requirements for any fraudulent activities.

What does a bankruptcy specialist do?

The bankruptcy specialist is responsible for filing and documentation loan bankruptcy materials with the appropriate attorneys. They ensure full compliance with loan bankruptcy regulations and monitor accounts throughout the loan bankruptcy process to contact the appropriate party when necessary. A bankruptcy specialist might be an administrator or lawyer in a bankruptcy office and supports bankruptcy law. They are likely to evaluate state declaration and affidavits for legal progression, interact with customers and outside counsel about bankruptcy proceedings through written and verbal communication, and work with local counsel and upper management in effectively reviewing client's files.

At-risk specialist vs bankruptcy specialist salary

At-risk specialists and bankruptcy specialists have different pay scales, as shown below.

At-Risk SpecialistBankruptcy Specialist
Average salary$58,801$35,498
Salary rangeBetween $33,000 And $103,000Between $27,000 And $46,000
Highest paying CityWashington, DCNorfolk, VA
Highest paying stateRhode IslandCalifornia
Best paying companyPayPalThe PNC Financial Services Group
Best paying industryFinanceFinance

Differences between at-risk specialist and bankruptcy specialist education

There are a few differences between an at-risk specialist and a bankruptcy specialist in terms of educational background:

At-Risk SpecialistBankruptcy Specialist
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

At-risk specialist vs bankruptcy specialist demographics

Here are the differences between at-risk specialists' and bankruptcy specialists' demographics:

At-Risk SpecialistBankruptcy Specialist
Average age4346
Gender ratioMale, 43.2% Female, 56.8%Male, 31.0% Female, 69.0%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%Black or African American, 5.7% Unknown, 4.4% Hispanic or Latino, 7.9% Asian, 6.5% White, 75.2% American Indian and Alaska Native, 0.3%
LGBT Percentage4%10%

Differences between at-risk specialist and bankruptcy specialist duties and responsibilities

At-risk specialist example responsibilities.

  • Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
  • Focuse on identifying undervalue debt securities, through detail company valuations.
  • Research and addressed any fraudulent activity including identity theft or OFAC violations.
  • Examine commercial real estate, corporate credit, structure securities and other insurance company portfolios.
  • Communicate with third party administrators and insurance carriers to include claims investigation, litigation management and settlement negotiations reducing claim exposure.
  • Identify suspicious debit card activity through customer profiling and account analysis.
  • Show more

Bankruptcy specialist example responsibilities.

  • Achieve award for increasing efficiency by extensively communicating with debtors' attorneys and monitoring trustee activities on a daily basis.
  • Provide training and support to other analysts regarding negotiation of litigation and contest bankruptcy matters.
  • Prepare cases for litigation, facilitate appropriate management of attorneys to insure proper representation of bank.
  • Develop SEO marketing initiatives that range from keyword research to competitive analysis and generate weekly reports analyzing clients' traffic trends
  • Provide comprehensive counseling to consumers regarding affordable housing programs, first-time homebuyer programs, and post-purchase education.
  • Maintain up-to-date information on lending and homebuyer assistance programs, assist with evaluating the housing counseling services provide by stimulus monies.

At-risk specialist vs bankruptcy specialist skills

Common at-risk specialist skills
  • Risk Management, 26%
  • Customer Service, 11%
  • Operational Risk, 6%
  • Risk Assessments, 5%
  • SQL, 5%
  • SAS, 4%
Common bankruptcy specialist skills
  • Relief, 8%
  • Pacer, 7%
  • Foreclosure, 6%
  • MSP, 5%
  • Bankruptcy Court, 4%
  • Debtor, 4%

Browse business and financial jobs