Loss Management Specialist I

BECU; Spokane Valley (WA); On-site; USD 30,000 - 52,000; Full time

Benefits offered by this job

401k match

Annual 4% 401k

Health benefits

PTO + Exchange

Tuition reimbursement

Volunteer program

Job summary

BECU in Washington state is seeking a Collections Specialist I to help members navigate financial challenges while protecting their financial well‑being. You’ll listen with empathy, build trust, and determine next steps across accounts including credit cards, auto loans, and home equity loans.

The role requires staying compliant, recording interactions accurately, and collaborating with teammates. Typical shifts are PST, with possible rotating Saturday coverage; onsite meetings in Tukwila or

Qualifications

• Associate degree or equivalent experience required.
• Intermediate proficiency with MS Office and databases.
• Ability to work additional hours as needed.

Responsibilities

• Drive compliance and accountability while delivering a high‑quality member experience.
• Complete outbound/inbound dialer activities to support delinquency and recovery objectives.
• Analyze member accounts and determine next steps to reduce delinquency.
• Locate updated member contact information when numbers are unavailable.
• Update records with address changes and phone numbers.
• Document conversations and payment arrangements in the system.
• Take on additional duties to support team success and evolving priorities.

Skills

MS Office

Education

Associate Degree or equivalent related experience

Job description

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our “people helping people” philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we’re proud of our history, we’re even more excited about our future. With business and technology transformation on the horizon, there’s never been a better time to be part of BECU.

You bring more than your expertise to your role, and that matters here. Your story, perspectives, and lived experiences help shape belonging at BECU and deepen how we connect with and support our employees, our members, and our communities.

PAY RANGE

The Target Pay Range for this position is $26.35-$32.12 hourly. The full Pay Range is $21.65-$38.03 hourly. hourly.

BENEFITS – Because People Helping People Starts With Supporting You

• 401(k) Company Match (up to 3%)
• 4% annual contribution to your 401(k) by BECU
• Medical, Dental and Vision (family contributions as well)
• PTO Program + Exchange Program
• Tuition Reimbursement Program
• BECU Cares volunteer time off + donation match

Impact You’ll Make

As a Collections Specialist I, you’ll play an important role in helping members navigate financial challenges while protecting the financial well‑being of BECU. Your ability to build trust, listen with empathy, and identify solutions will help members stay on track and achieve positive outcomes. In this role, you’ll support collection and recovery efforts across a variety of account types, including credit cards, home equity loans, auto loans, consumer loans, returned deposits, and charge‑offs. Through meaningful member interactions, attention to detail, and sound judgment, you’ll help minimize losses, maintain accurate account information, and contribute to an exceptional member experience. You’ll also serve as a key resource by resolving routine collection inquiries and collaborating with teammates when more complex situations arise. Note: For WA state, one should be able to travel to onsite meetings at offices in Tukwila, WA or Spokane, WA or off‑site throughout the year on a periodic basis.

Schedule

This role requires working PST hours and could be a closing shift 10 AM – 7 PM or 9AM – 6PM Monday through Friday with rotating Saturday 9 AM – 1 PM shift approximately every 8 weeks.

What You’ll Do

• Drive Compliance & Accountability: Perform all responsibilities in accordance with BECU Competencies, compliance requirements, regulatory guidelines, and Information Protection standards while delivering a high-quality member experience.
• Support Recovery Goals: Complete the required number of outbound and inbound dialer activities to help achieve delinquency and recovery objectives while maintaining professionalism and member focus.
• Assess Member Needs: Analyze member accounts and identify appropriate next steps, referring accounts for additional review or action when necessary to help reduce delinquency and financial loss.
• Research & Locate Information: Utilize available tools and resources to locate updated contact information for members when valid phone numbers or addresses are unavailable.
• Maintain Accurate Records: Update and report address changes and phone numbers to ensure member records remain current, accurate, and complete.
• Document Meaningful Interactions: Accurately record member conversations, commitments, and payment arrangements within the appropriate system of record to support effective account management.
• Contribute Beyond Your Core Responsibilities: Take on additional duties and special assignments as needed, supporting team success and evolving business priorities.

This isn’t just about ticking off tasks on a list. It's about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered.

What You’ll Gain

• Purpose-Driven Work: Make a meaningful difference by helping members navigate financial challenges and find solutions that support their financial well‑being.
• Relationship-Building Experience: Strengthen your communication, negotiation, and problem‑solving skills through impactful conversations with members.
• Career Growth Opportunities: Build foundational experience within collections, member services, and financial operations while expanding your career path within BECU.
• Collaborative Team Environment: Work alongside knowledgeable professionals who value teamwork, continuous learning, and shared success.
• Skill Development: Enhance your ability to analyze financial situations, manage competing priorities, and make sound business decisions.
• Member Impact: Be part of a team that balances member advocacy with organizational stewardship, creating positive outcomes for both.
• Ideal Talent Persona: You're someone who enjoys helping others, communicates with confidence and empathy, thrives in a goal‑oriented environment, pays close attention to details, and remains calm and solutions‑focused when handling challenging situations.

Qualifications

Minimum Qualifications

• Associate Degree or equivalent related experience required.
• Minimum one year of experience in collections, financial institution contact center, or retail banking required.
• Intermediate proficiency using MS Office and database software required.
• Work additional hours as necessary to accomplish objectives, goals, and projects as needed.

Desired Qualifications

• Ability to speak persuasively and listen critically required.
• Detail oriented, with good organizational skills required.
• Ability to prioritize multiple tasks and meet deadlines required.
• Verbal and written skills to effectively communicate with members and co‑workers required.
• Ability to work independently, and as a team member, while using discretion in decision making and sound judgement in problem solving required.
• Ability to maintain a high level of confidentiality required.

EEO Statement

BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.