Director Credit Risk Officer - Loss Mitigation

Director Credit Risk Officer – Loss Mitigation

Join BECU as the Director Credit Risk Officer – Loss Mitigation. This role is for residents of WA, OR, , CA, AZ, TX, NC, SC, GA or VA.

Target Pay Range: $–$ annually. Full Pay Range: $–$ annually.

• 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

As the Director Credit Risk Officer
, you’ll be the strategic leader shaping BECU’s credit risk landscape specific to Loss Mitigation. Your expertise will guide the development and execution of full lifecycle credit risk strategies across diverse portfolios—Mortgage, Home Equity, Credit Card, Auto, Consumer Lending, Small and Medium Business, and Deposits. You’ll ensure that every decision aligns with our governance standards, internal lending policies, and regulatory compliance, all while maintaining an acceptable level of risk.

Your leadership will empower your team, influence senior executives, and drive initiatives that protect and grow BECU’s financial health. This is your chance to make a measurable impact on our members, our organization, and your career.

• 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.

• A leadership role with impact, influencing strategic decisions and organizational success.
• Opportunities for professional growth through leadership development and advanced training.
• A collaborative, innovative culture that values your ideas and expertise.
• Competitive compensation and benefits designed to support your well-being and future.
• The chance to shape the future of credit risk management in a member-focused organization.

• 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.

• 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…