Credit Risk Analysis Manager - Collections

About the position Responsibilities • Analyze and Validate Risk Data: Conduct in-depth reviews of risk management processes, cross-referencing data with business unit personnel to ensure accuracy and reliability. • Establish Collection Standards: Formulate and enforce guidelines for Collection and Operation teams, ensuring strict adherence to credit union standards to maintain consistency, quality, and regulatory compliance. • Develop Credit Risk Strategies: Design and execute credit risk analyses of loan portfolios to identify potential threats and opportunities, refining origination, account management, and default management strategies. • Enhance Risk Models: Apply statistical analysis and modeling to assess current risk management strategies, identifying opportunities for advancement and increased effectiveness. • Leverage Predictive Analytics: Utilize industry and custom scorecards to enhance decision-making for origination, exposure, and account management. • Deliver Data-Driven Insights: Interpret and present credit risk analyses to senior leadership, ensuring data-backed recommendations drive strategic decisions. • Collaborate with Leadership: Partner with executive and senior leadership to refine risk appetite, support credit risk initiatives, and optimize collections and loss mitigation strategies. • Lead and Mentor: Guide junior credit risk staff, fostering skill development and knowledge-sharing across the team. • Ensure Compliance and Efficiency: Maintain and execute operational audits and management reporting, keeping statistical records as necessary to support transparency and governance. • Vendor Partnerships: Collaborate with vendors to ensure cost-effective and high-quality service delivery that aligns with BECU's member-first philosophy. • Champion Member Advocacy: Work with internal and external teams to implement programs that enhance employee and member experiences. • Drive Process Improvement: Document and refine procedures to ensure ongoing efficiency and effectiveness within areas of responsibility. Requirements • Bachelor's degree in a quantitative or business field or related work experience. • Typically requires at least 7 years of related credit risk analytics, collection strategy and/or related field. • Experience using quantitative software and database querying tools (e.g., SAS, SQL, Python). • Experience using presentation development software (e.g., Tableau, PowerBI, PowerPoint). Nice-to-haves • Project management skills. • Proven ability to collect, analyze, and interpret data to formulate recommendations. • Proficiency in Microsoft Office (Excel, Word, etc.) with the ability to quickly learn new software. • Previous experience in the financial services industry. • Experience working with cross-functional teams and external vendors. • Ability to facilitate collaborative decision-making. Benefits • Medical, dental, vision and life insurance coverage. • Disability and AD&D insurance. • Health care and dependent care flexible spending accounts. • Health savings accounts. • 401k plan and employer-funded retirement plan. • Accrue 6.16 hours of paid time off (PTO) on a per pay period basis (up to a maximum of 160 PTO hours per year). • Receive ten paid holidays throughout the calendar year. Apply tot his job