Unclaimed Property & IRS Notices Manager

As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members. 

BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU.

To learn more visit becu.org/careers.

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:

The Unclaimed Property & IRS Notices Manager leads the development and execution of legal and compliance strategies for unclaimed property, ensuring that the organization meets regulatory requirements for unclaimed property laws for all states, excluding Washington and U.S. territories. This role also manages the organization’s compliance with IRS notice regulations, working closely with Credit Union employees as needed to maintain federal and state compliance.

This is a hybrid-remote position based out of Tukwila, WA.

WHAT YOU’LL DO:

• Strategic Problem-Solving: Develop and execute strategies to comply with complex regulatory requirements, working with state agencies, legal, and compliance.
• Risk & Compliance Management: Partner with legal, compliance, and tax department to meet regulatory obligations, including IRS regulations for notifying IRA owners.
• Program Management: Design continuous improvement strategies to meet state law changes, enhance the member experience, and improve operational efficiency.
• Compliance & Issue Resolution: Engage with state authorities to ensure compliance with unclaimed property laws, resolve filing issues, and provide strategic guidance on unclaimed property and IRS notice processes.
• Technical Collaboration: Work with technology partners to ensure system requirements meet state reporting standards, prioritize updates, and support testing.
• Financial Reconciliation: Manage financial processes, including account reconciliations, fund reclassifications, and GL balance accuracy for proper fund remittance.
• Performance Tracking: Develop metrics to evaluate program success, produce timely communications, and monitor performance.
• Project Management: Develop and execute schedules to ensure timely and accurate reporting to applicable states.
• Member Experience: Coordinate with internal and external teams to ensure timely member notifications, member response tracking, and vendor adherence to requirements.
• Process Automation: Implement automated solutions to improve unclaimed property responses, enhancing efficiency, scalability, and member experience.
• State Procedure Development: Create procedures to ensure state-specific compliance and timely reporting, improving quality and member satisfaction.
• Additional Duties: Perform other responsibilities as needed.

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. 

WHAT YOU’LL GAIN:

• Cross-Departmental Collaboration: Strengthen relationships with legal, tech, tax, and compliance teams, which broadens your organizational knowledge and communication skills.
• Career Advancement: Experience in this role could open pathways to senior compliance, operations management, or strategic leadership roles, especially in regulated sectors.
• Impactful Work: Play a key role in enhancing BECU’s operations and ensuring that strategic objectives are met with efficiency and integrity.
• Continuous Learning: Stay at the forefront of industry practices and regulatory changes, ensuring your skills and knowledge remain cutting-edge.

QUALIFICATIONS:

Minimum Qualifications:

• Typically requires a bachelor’s degree in accounting, finance, business, or equivalent educational or work-related experience.
• Typically requires a minimum 4 years of functional experience in compliance, including two years project or program management experience within a Financial Institution.
• Typically requires a minimum 1 year of experience in unclaimed property reporting.

Desired Qualifications:

• Experience with our core banking application, DNA, or similar application.
• Knowledge of unclaimed property software and proficiency in Excel.
• Understanding of state requirements related to unclaimed property law,  dormancy, reporting, retention, NAUPA files and due diligence.
• A thorough knowledge of Credit Union policies and procedures to determine compliance requirements.
• Familiarity with the Credit Union’s legal and regulatory environment.
• Ability to work independently and as a team member while using discretion in decision making and sound judgement in problem solving.
• Ability to synthesize complex regulations into terms easily understood by non- experts.

JOIN THE JOURNEY

Ready to make an indelible impact? Eager to be a 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 

EEO Statement:

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.