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BECU · 1 month ago

Director Credit Risk Officer - Loss Mitigation

Georgia, United States

Full-time

Hybrid

Senior Level, Lead/Staff

$151K/yr - $281K/yr

10+ years exp

BECU is a member-focused financial institution with a commitment to serving its communities and members. The Director Credit Risk Officer will be responsible for shaping BECU’s credit risk landscape, specifically in Loss Mitigation, by developing and executing credit risk strategies while ensuring compliance and maintaining an acceptable level of risk.

Responsibilities

Shape Credit Risk Strategy: Partner with the Chief Credit Officer and business leaders to design strategies that align with BECU’s risk appetite, portfolio goals, and performance expectations

Monitor and Analyze Performance: Conduct deep-dive portfolio analyses, identify emerging risks, and present actionable insights to executive committees and the Board

Drive Risk Appetite Initiatives: Lead changes to risk appetite through credit risk programs, origination strategies, account management, collections, and loss mitigation standards

Develop Policies and Standards: Create and refine credit risk policies and guidelines using data-driven insights and industry best practices, securing stakeholder approval

Innovate and Optimize Processes: Enhance credit campaigns, decision engines, and risk-related procedures to improve efficiency and member experience

Stay Ahead of Trends: Monitor economic and industry developments to proactively adjust strategies and maintain portfolio strength

Ensure Regulatory Compliance: Maintain strong communication with auditors and regulators, ensuring timely responses and adherence to federal and state requirements

Lead and Inspire Your Team: Coach, mentor, and develop Credit Risk Officers and Analysts, fostering a culture of collaboration and excellence

Set Goals and Evaluate Performance: Establish clear objectives, conduct evaluations, and support professional growth using BECU’s competency framework

Champion Cross-Functional Collaboration: Build strong partnerships across departments to ensure alignment and success in risk management initiatives

Qualification

Credit Risk ManagementLoss MitigationPeople ManagementData AnalysisCredit Risk PoliciesPresentation DevelopmentCollaborationFlexibilityCommunication

Required

Bachelor's degree in business, finance, mathematics, or economics or equivalent work or education experience

Typically requires 10 years of relevant credit risk management experience

Typically requires 6 years of experience in the financial industries with a focus on Collections and Loss Mitigation

Typically requires 5 years of people management experience

Preferred

Graduate degree preferred

Experience with presentation development software (ex. Tableau, PowerPoint)

Experience developing credit risk policies and system decision logic leveraging data and statistical analysis

Demonstrable knowledge of credit risk scorecards and models; as well as the evaluation of such tools to determine appropriate usage and thresholds

Proven ability to perform analysis of portfolio performance and articulate results and desired outcomes from a risk management perspective

Proven ability to collect pertinent data, establish facts and draw valid conclusions as well as formulate ideas and recommendations

Proven ability to participate and manage multiple projects simultaneously, including the establishment of objectives and milestones, time management, and communication of successes and obstructions

Proven ability to build cohesive cross-functional teams and facilitate collaborative decision making

Ability to maintain flexibility and adaptability for departmental and Credit Union changes

Benefits

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

Company

BECU

Glassdoor3.7

As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions.

Founded in 1935

Tukwila, Washington, USA

1001-5000 employees