Sr Collateral Auction Specialist

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.

The Target Pay Range for this position is $38.56–$47.02 hourly. The full Pay Range is $30.00–$55.63 hourly. At BECU, compensation decisions are determined using factors such as relevant job‑related skills, experience, and education or training. If an offer is made, we will consider individual qualifications. In addition to your salary, performance‑based compensation incentives are available and targets vary by role.

- 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

As a Sr. Collateral Auction Specialist
, you'll play a pivotal role in shaping how BECU maximizes value, protects members, and advances our remarketing strategy. Your expertise ensures that repossessed assets are handled thoughtfully, efficiently, and in full alignment with compliance expectations.

You’ll be the person driving smarter decisions, strengthening relationships with auction partners, and ensuring each asset’s journey—from recovery to sale—supports BECU’s mission and member experience. Your insights and actions won’t simply complete transactions… they’ll meaningfully influence outcomes, mitigate risk, and support the broader BECU financial ecosystem.

This role is hybrid and will need to travel on a regular basis.

Asset Sale Decisioning:

• Approve offers on assets up for sale and ensure each repossessed item is sold in a commercially reasonable and compliant manner.

Inventory Oversight & OnSite Representation:

• Control and monitor inventory while being present at authorized locations to manage pre‑sale and sale‑day activities and uphold all regulatory and compliance standards.

Market Insight & Community Involvement:

• Stay plugged into the remarketing industry, keeping yourself informed of changing trends and best practices impacting repossessed assets.

Risk Reduction & Operational Excellence:

• Deliver on remarketing standards, policies, and procedures to minimize risk, manage inventory, and support secure and accurate handling of all repossessed assets.

Reconciliation & Financial Processing:

• Reconcile sold inventory, process proceeds, update vehicle databases, and support the charge‑off process within required time frames.

Reporting & Communication:

• Provide requested reporting and respond to inquiries from internal partners, auctions, and vendors.

Data Gathering & Coordination:

• Obtain initial information from collections and other departments, including Notice of Intent and sale availability dates.

Hold Tracking & Audit Support:

• Track, audit, and generate reports for accounts on hold (e.g., legal, bankruptcy, title issues, redemption).

Dealer Coordination:

• Review dealer booking sheets and work with the Indirect Team to collect applicable refunds or payoffs.

Post Sale Review:

• Ensure sold files are reviewed for Dealer Billbacks (MBI, GAP, LAH) and follow up for payment.

Insurance Handling:

• Obtain insurance details for damaged vehicles and submit insurance claims for review and processing.

Title & Document Management:

• Organize sale files, secure titles, and maintain required documentation for completed sales.

Auction Oversight:

• Ensure auctions follow BECU direction, meet expense guidelines, and adhere to CU Auction basics.

Issue Escalation:

• Serve as the first point of escalation for complex issues, elevating higher‑level concerns to leadership as needed.

Relat…