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Finance specialist vs home preservation specialist

The differences between finance specialists and home preservation specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance specialist has an average salary of $61,666, which is higher than the $41,359 average annual salary of a home preservation specialist.

The top three skills for a finance specialist include customer service, phone calls and cash handling. The most important skills for a home preservation specialist are customer service, lieu, and foreclosure process.

Finance specialist vs home preservation specialist overview

Finance SpecialistHome Preservation Specialist
Yearly salary$61,666$41,359
Hourly rate$29.65$19.88
Growth rate10%-3%
Number of jobs97,21641,730
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 50%
Average age4342
Years of experience-4

What does a finance specialist do?

A financial or finance specialist is the person who sells products and services at financial institutions. Finance specialists are financial professionals who use knowledge of accounting, tax laws, and finance for financial assistance. They may assist clients with corporate or personal finances. The primary skills they must have include interpersonal skills, formal accounting, excellent communication skills, management experience, and financial reporting. They should be equipped with vital customer service and analytical skills.

What does a home preservation specialist do?

A home preservation specialist is the go-to for clients who are looking to make inquiries in your firm, which will typically be a financial firm. A home preservation specialist is responsible for communicating with agencies or borrowers regarding any change in the current status of loans and obligations. They also have to answer inquiries from borrowers concerning the status of their loss mitigation review too.

Finance specialist vs home preservation specialist salary

Finance specialists and home preservation specialists have different pay scales, as shown below.

Finance SpecialistHome Preservation Specialist
Average salary$61,666$41,359
Salary rangeBetween $37,000 And $100,000Between $28,000 And $60,000
Highest paying CityWashington, DCAlbany, NY
Highest paying stateConnecticutNew York
Best paying companyGoogleJPMorgan Chase & Co.
Best paying industryFinanceFinance

Differences between finance specialist and home preservation specialist education

There are a few differences between a finance specialist and a home preservation specialist in terms of educational background:

Finance SpecialistHome Preservation Specialist
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance specialist vs home preservation specialist demographics

Here are the differences between finance specialists' and home preservation specialists' demographics:

Finance SpecialistHome Preservation Specialist
Average age4342
Gender ratioMale, 42.1% Female, 57.9%Male, 48.2% Female, 51.8%
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, 13.3% Unknown, 4.2% Hispanic or Latino, 13.0% Asian, 6.4% White, 62.8% American Indian and Alaska Native, 0.4%
LGBT Percentage4%7%

Differences between finance specialist and home preservation specialist duties and responsibilities

Finance specialist example responsibilities.

  • Lead lease of aircraft including analysis and coordination of treasury, legal, tax and insurance reviews.
  • Manage client relationship by presenting solutions for customers state and unstate needs while cross-selling company products.
  • Ensure the highest standards of SOX compliance by conducting internal audits and annual SOX testing with external auditors.
  • Compare the closed month and calendar month reports in Hyperion.
  • Prepare work papers for annual audit and tax filings and coordinate with external CPA.
  • Prepare and audit coworker contract development of insurance provider contracts, SOX testing and publishing system wide contract updates.
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Home preservation specialist example responsibilities.

  • Manage property inspection process through network of accredit REO inspectors.
  • Communicate both approval and denials for modifications, set up customers for short sale or deed in lieu liquidation options.
  • Employ by investors FNMA and FHLMAC.
  • Specialize in FNMA, FHLMC and non-conforming loans.
  • Single point of contact (SPOC) for borrowers with delinquent mortgages.
  • Identify gaps in MSP training and work with management and project team to enhance process.
  • Show more

Finance specialist vs home preservation specialist skills

Common finance specialist skills
  • Customer Service, 23%
  • Phone Calls, 16%
  • Cash Handling, 10%
  • Customer Inquiries, 9%
  • Patients, 6%
  • Financial Reports, 6%
Common home preservation specialist skills
  • Customer Service, 16%
  • Lieu, 9%
  • Foreclosure Process, 9%
  • Place Outbound Calls, 8%
  • Inbound Inquiries, 6%
  • Loss Mitigation, 5%

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