Compliance 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.

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 a Compliance Specialist – Business Unit at BECU, you will play a crucial role in ensuring regulatory compliance and accurate reporting of Home Mortgage Disclosure Act (HMDA) data. Your expertise will directly support our mortgage and home equity lending processes, helping maintain integrity and compliance within our operations. You will analyze loan-level data, provide guidance to internal teams, and contribute to the continuous improvement of compliance procedures. Your work will have a meaningful impact on BECU’s compliance framework while fostering a culture of accuracy, transparency, and accountability.

WHAT YOU’LL DO:

• Ensure Compliance Accuracy: Validate and analyze HMDA data to ensure adherence to disclosure requirements for cancelled, withdrawn, denied, and funded mortgage or home equity applications.

• Regulatory Research & Analysis: Research and interpret HMDA industry practices and regulations, ensuring BECU’s policies align with industry standards.

• Data Review & Submission: Perform timely and accurate reviews of loan data for submission to the Compliance department, ensuring compliance with all HMDA reporting requirements.

• Documentation Verification: Review loan notes and documentation to confirm accuracy and compliance with HMDA action taken.

• Internal Coordination: Collaborate with Compliance Administrators and Corporate Compliance teams to develop responses to internal HMDA reviews.

• Training & Guidance: Partner with department trainers, managers, and key stakeholders to identify compliance issues, trends, and training needs, ensuring regulatory requirements are met.

• Process Improvement: Assist in the development and implementation of compliance-related lending practices to enhance operational efficiency and compliance adherence.

• Stakeholder Communication: Provide guidance and feedback to management and staff, reinforcing compliance best practices across business units.

• Additional Responsibilities: Take on additional duties as assigned, contributing to the broader success of BECU’s compliance efforts.

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:

• Impactful Role: A chance to directly influence BECU’s compliance and regulatory framework.

• Growth & Development: Opportunities to enhance your compliance expertise and expand your knowledge in financial regulations.

• Collaborative Environment: Work alongside passionate professionals dedicated to excellence and integrity.

• Career Advancement: A stepping stone to higher roles within compliance, risk management, and financial regulations.

• Supportive Culture: Be part of an organization that values your contributions and encourages continuous learning.

QUALIFICATIONS:

Minimum Qualifications:

• Education: Bachelor’s degree in business or equivalent work or education-related experience.

• Experience: Minimum of two years of experience in consumer or mortgage lending compliance within a financial institution.

• Regulatory Knowledge: Understanding of mortgage and home equity lending policies and HMDA compliance requirements.

• Commitment to Excellence: Full-time availability with the flexibility to work additional hours when necessary.

Desired Qualifications:

• Research & Analysis: Experience in compliance research, analysis, and regulatory interpretation.

• Problem-Solving Skills: Analytical, problem-resolution, and negotiation abilities.

• Organizational Skills: Ability to manage multiple priorities with strong administrative and organizational capabilities.

• Relationship Building: Interpersonal skills with a strong customer focus.

• Communication Excellence: Verbal and written communication skills to effectively convey complex regulatory information.

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.