VP Credit Administration

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.

PAY RANGE

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 Vice President of Credit Administration, you will play a pivotal role in shaping and enforcing our credit policies, standards, and guidelines. You will be at the helm of ensuring that our portfolios maintain an acceptable level of risk, adhering to our internal governance policies, lending guidelines, and procedural risk controls. Your expertise will be instrumental in overseeing portfolio acquisitions, third-party originations, and setting optimal portfolio mix for balance sheet purposes. Acting as a key liaison, you will bridge the gap between Credit Risk Management, division Senior Leadership, Executive Management, the Board of Directors, and Regulators. Your leadership will also extend to managing the independent Quality Assurance function and the Appraisal Management function.

WHAT YOU'LL DO:

• Strategic Governance:
  Ensure the credit union operates within credit loss, delinquency targets, risk appetite, return parameters, and target asset mix through close collaboration with the Chief Credit Officer and other business leaders.
• Risk Management:
  Engage and consult on the development of strategies and guidelines across BECU's credit portfolios, ensuring compliance with federal and state regulations, and direct risk management activities.
• Executive Collaboration:
  Actively participate and present at various Board and Executive Management committees and meetings as required.
• Strategic Planning:
  Contribute to the development and execution of BECU's annual and strategic planning process.
• Committee Leadership:
  Facilitate the Credit Risk Committee and act as Secretary to the committee, ensuring effective governance.
• Appraisal Management:
  Oversee the independent Appraisal Management function, ensuring quality assessments.
• Advocacy Programs:
  Design and implement programs that support both employee and member advocacy.
• Governance Framework Execution:
  Lead the execution of BECU's governance framework for credit products, maintaining a documented control environment supporting BECU's lending activities. Direct the administration of business changes within the policy framework supporting credit risk initiatives and portfolio origination and quality requirements.
• Regulatory Communication:
  Establish effective communication channels with NCUA, DFS, and external auditors, managing timely tracking, fulfillment, and response to examination and audit exceptions.
• Vendor Management:
  Manage vendor contracts, ensuring BECU members receive cost-efficient and quality service when third-party assistance is provided.
• Performance Leadership:
  Provide managerial leadership, direction, and performance monitoring to ensure timely and accurate services. Set departmental and individual goals consistent with the operating plan.
• Staff Development:
  Provide ongoing coaching, mentoring, and training to staff, conducting personnel evaluations and providing feedback.
• Budget Management:
  Develop and submit an annual budget for departmental expenditures, ensuring budget guidelines are met and exceptions approved.
• Project Oversight:
  Manage other projects and duties as assigned, ensuring successful and timely completion.

QUALIFICATIONS:

Minimum Qualifications:

• B.A. or B.S. in business or equivalent work or education-related experience.
• 12 years of credit risk management experience required.
• Typically 10 years of people leadership experience.
• Typically 8 years of experience in risk management with ownership of Consumer, Mortgage, and/or Commercial credit policies, strategies, or process execution and controls.

Desired Qualifications:

• Master's degree preferred.
• PNW location preferred
• Demonstrated knowledge in compliance and federal regulation issues for consumer and commercial lending functions.
• Effective leadership and project management skills.
• Proficient verbal and written communication skills.
• Proficient math and quantitative skills.
• Ability to interact with the Executive Management Team for planning purposes (both operating and strategic) and serve as a resource related to credit risk expectations, performance, and strategy insights.
• Skilled in innovation and ability to challenge the status quo to enhance a strong member service culture.
• Ability to build cohesive cross-functional teams and facilitate collaborative decision-making.
• Risk control and oversight experience.

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.