Sr Manager Credit Risk Officer - Auto and Other Secured

BECU; Washington; Remote; USD 127,000 - 238,000; Full time

Job summary

An established industry player is seeking a Senior Manager Credit Risk Officer to lead credit risk strategies for their Auto and Other Secured portfolios. This impactful role involves ensuring compliance, managing team resources, and developing strategies that align with federal regulations. The position offers a collaborative environment where your expertise will drive significant positive change. With a focus on professional growth, competitive compensation, and a commitment to community service, this opportunity is perfect for those looking to make a meaningful impact in the financial sector. Join a team that values innovation and excellence!

Benefits

Medical, dental, and vision insurance

401k plan and employer-funded retirement plan

Paid time off (PTO)

Flexible spending accounts

Health savings accounts

Ten paid holidays

Qualifications

• 5+ years of credit risk management experience in financial industries.
• Bachelor's degree or equivalent experience required.

Responsibilities

• Shape credit risk strategies for Auto and Other Secured portfolios.
• Manage team resources and ensure regulatory compliance.

Skills

Credit Risk Management

Leadership Skills

Negotiation Skills

Presentation Development

Analytical Skills

Education

Bachelor’s degree in business, finance, mathematics, or economics

Tools

Tableau

PowerPoint

Microsoft Office Suite

Job description

As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members.

BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU.

PAY RANGE

The Target Pay Range for this position is $164,200.00-$200,600.00 annually. The full Pay Range is $127,900.00 - $237,200.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU’LL MAKE :

As the Senior Manager Credit Risk Officer at BECU, your contributions will play a crucial role in shaping the credit risk strategies for our Auto and Other Secured portfolios. Your expertise will drive the enhancement and maintenance of an acceptable level of risk within these portfolios, leading to substantial positive change in BECU’s journey.

• This role can be done remotely in WA, OR, ID, AZ, TX, SC, GA, and is relocation eligible.

WHAT YOU’LL DO :

1. Ensure Compliance and Competency: Perform all responsibilities according to BECU competencies, compliance, regulatory, and information protection practices.
2. Participate in Decision-Making Forums: Engage as a member of the Credit Risk Committee and present at Board and Executive Management committees and meetings.
3. Support Credit Policy & Strategy: Partner with the VP, Credit Policy & Strategy with department administration and management initiatives as required.
4. Develop and Manage Strategies: Devise and manage strategies and guidelines across BECU's portfolios, aligning with federal and state regulations.
5. Identify Opportunities and Threats: Identify strengths, weaknesses, opportunities, and threats to the BECU portfolios, adapting practices in response to industry trends and best practices.
6. Optimize Lending Decision Engines: Evolve lending and account management decision engines to align with risk strategies, operational efficiencies, and member experience.
7. Lead Documentation and Communication: Develop and oversee consistent documentation of BECU's policy framework and maintain effective communication with regulatory bodies and auditors.
8. Oversee Team Resources: Manage team resources, employee development, budgetary, and administrative tasks to foster a collaborative work environment.
9. Coach and Mentor Staff: Mentor and train assigned staff, conducting regular performance and career development reviews.
10. Ensure Regulatory Compliance: Ensure compliance with federal and state regulations and coordinate with other departments and personnel to ensure the same.
11. Manage Budget and Vendor Contracts: Develop the annual budget for department expenditures and manage vendor contracts within areas of responsibility to ensure member satisfaction.

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 :

1. A challenging and impactful role in shaping the credit risk strategies for BECU
2. Opportunity to engage with senior leadership and influence critical business decisions
3. A collaborative and inclusive work environment
4. Opportunities for professional growth and career development
5. Competitive compensation and benefits package

QUALIFICATIONS :

Minimum Qualifications :

1. Bachelor’s degree in business, finance, mathematics, or economics or equivalent work or education experience.
2. Minimum 5 years of relevant credit risk management experience
3. Minimum 5 years of experience in the financial industries with a focus on one or more of the following areas: Consumer Auto, Consumer Title and Other Secured.
4. Minimum 5 years of people management experience
5. Minimum 5 years of experience with presentation development software (e.g., Tableau, PowerPoint, etc)

Desired Qualifications :

1. Effective leadership and negotiation skills
2. Advanced proficiency with Microsoft Office Suite with the ability to learn and use new software
3. Broad experience influencing change or understanding through impactful presentation to all levels of the organization.
4. Demonstrable knowledge of industry practices and regulatory restrictions
5. Proven ability to provide a credible challenge to peers and management based on established subject matter expertise
6. Advanced proficiency with Microsoft Office Suite and the ability to learn new software quickly.

JOIN THE JOURNEY :

Ready to make an indelible impact? Eager to be a part of a collaborative and innovative team where your ideas and contributions don’t just fill a role, but fuel the growth and success of BECU? This is more than a job – it’s a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.

Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let’s achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now. #BECU #YourGrowth #BECUJourney

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.