Sr Collateral Auction Specialist

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.

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

• 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.

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

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

• Reconcile sold inventory, process proceeds, update vehicle databases, and support the charge-off process within required timeframes.

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

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

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

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

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

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

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

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

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

• Represent BECU and our 3rdparty partners professionally and consistently at all times.

• Perform other duties as needed to support business operations and team success.

This isn't just about ticking off tasks on a list. It's about making a significant, positive change in BECU's journey, where your contributions are valued, and your growth is continually fostered.

• A role where your industry knowledge matters: You'll influence major decisions and lead remarketing outcomes with autonomy.
• High visibility and impact: You're the expert others turn to-your insights shape strategy across departments.
• Engagement with a broad network: Auctions, dealers, vendors, internal partners-you'll build meaningful relationships across the ecosystem.
• A blend of field and office work: A dynamic environment where each day brings new challenges and problemsolving opportunities.
• Professional growth in a valuesdriven credit union: Be part of an organization committed to member impact and ethical decisionmaking.
• Opportunities to refine negotiation, analytics, and compliance skills: Perfect for someone who thrives in highstakes, detaildriven environments.
• Support for certifications and continued learning: A culture that encourages skill-building and domain expertise.

• Bachelor's Degree or equivalent work or educational experience required.
• Minimum five years of experience in the automotive industry or auction related experience, with at least one year in auto repossession, required.
• Current valid Washington State driver's license required.
• Full time hours required, with additional hours as necessary.
• Proficient verbal and written skills required to effectively communicate.
• Able to travel locally 23 days a month.

• Experience with auto sales through auctions or dealer experience is preferred.
• ICA-certified ASE preferred.
• CAR (Certified Automotive Remarketer) certification preferred.
• Previous experience within BECU or another financial institution preferred.
• Automotive/RV knowledge/experience such as mechanical and body shop preferred.
• Ability to negotiate in high pressure environment with best interest of BECU and 3rd party clients.

Ready to make an indelible impact? Eager to be part of a collaborative and innovative team where your ideas and contributions don't just fill a role, but fuel the growth and success of BECU?

This is more than a job - it's a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.

Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let's achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now.

#BECU #YourGrowth #BECUJourney