Portfolio Risk Manager
About the position
Through our service brands Hyundai Motor Finance, Genesis Finance, and Kia Finance, Hyundai Capital America offers a wide range of financial products tailored to meet the needs of Hyundai, Genesis, and Kia customers and dealerships. We provide vehicle financing, leasing, subscription, and insurance solutions to over 3 million consumers and businesses. Embodying our commitment to grow, innovate, and diversify, we strive to reimagine the customer and dealer experience and launch innovative new products that broaden our market reach. We believe that success comes from within and are proud to support our team members through skill development and career advancement. Hyundai Capital America is an Equal Opportunity Employer committed to creating a diverse and inclusive culture for our workforce. We are a values-driven company dedicated to supporting both internal and external communities through volunteering, philanthropy, and the empowerment of our Employee Resource Groups. Together, we strive to be the leader in financing freedom of movement.
The Acquisition Profitability & Analytics Associate is responsible for supporting the acquisition team with profitability analysis for product, pricing, and policy decisions. This role will be responsible for supporting monthly reporting, data analytics and ad hoc analysis.
Responsibilities
• Establish regular meeting cadence with senior management and lead meetings with internal stakeholders (Sales & Risk) to review high-risk accounts and status updates on action plans.
• Review monthly watch reports and access level of risk.
• Partner with Legal to send appropriate level of escalation letters to dealers and manage Required Action Letters action plan/timelines.
• Work with portfolio team to review floorplan audit performance and notify sales team to address audit concerns with dealerships.
• Oversee collection efforts (charges, curtailments) on watch accounts.
• Complete periodic credit reviews on high-risk accounts or watch-list dealerships including assessment of collateral, documentation, reporting, and financial statements to identify current and/or early detection of company risk including, but not limited to, management/oversight of UCC’s, Insurance, credit lines, overline and aged inventory.
• Monitor high-risk accounts and/or default dealers including additional financial analysis, audit reviews, and overseeing payment collection. Work with Legal and internal and external stakeholders to mitigate portfolio risk and manage dealer defaults as needed.
• Develop optimization around portfolio risk operations processes including, but not limited to Duplicate Vin reporting, daily RDR reporting, wholesale interest collection, audit scheduling and frequency adjustments, UCC tracking and renewal process, and line management process.
• Partner with field personnel to develop and execute risk mitigation strategies on watch-list dealerships which includes developing plans related to re-capitalization, profit improvement, overline/aged inventory reduction, and work out strategies.
Requirements
• Bachelor’s degree in Finance, Economics, Business Administration or related field.
• Minimum 5-7 years’ progressive experience in automotive commercial risk management.
• Working knowledge of financial statements and financial metrics.
• Working knowledge of Commercial Credit Systems (Data Scan, Crowe, Dealer Profile).
• Working knowledge of Commercial Credit loan products and structures (RE, Cap, RLOC)
• Strong analytical skills.
• Experience with database management and reporting.
• Relationship building skills with both internal and external customers.
• Solid understanding of economic trends and financial markets.
• Experience with regulatory compliance requirements in credit risk.
• Strong verbal and written communication, including presentation skills.
• Excellent interpersonal skills to successfully collaborate with cross functional teams and building relationships.
• Intermediate to advanced skills with Excel, Word, and Outlook.
• Exceptional attention to detail and quality.
• Self-starter with excellent time management skills, ability to manage multiple tasks effectively.
• Ability to work under pressure and meet tight deadlines.
• Ability to work autonomously and in a team environment.
• Strong orientation toward results coupled with reputation for integrity, creativity and good judgment
• Must have the ability to challenge, when appropriate, existing practices.
Benefits
• Medical, dental, and vision plans with no-cost and low-cost options
• Annual employer HSA contribution
• 401(k) matching and immediate vesting
• Vehicle purchase and lease discounts, plus monthly vehicle allowances by job level:
• Associate / Sr. Associate: $350
• Manager / Sr. Manager: $600
• Director: $800
• Executive Director: $900
• VP or Above: $1,000
• 100%25 employer-paid life and disability insurance
• No-cost health and wellbeing programs, including a gym benefit
• Six weeks of paid parental leave
• Paid Volunteer Time Off, plus a company donation to a charity of your choice
Apply tot his job
Apply To this Job
Through our service brands Hyundai Motor Finance, Genesis Finance, and Kia Finance, Hyundai Capital America offers a wide range of financial products tailored to meet the needs of Hyundai, Genesis, and Kia customers and dealerships. We provide vehicle financing, leasing, subscription, and insurance solutions to over 3 million consumers and businesses. Embodying our commitment to grow, innovate, and diversify, we strive to reimagine the customer and dealer experience and launch innovative new products that broaden our market reach. We believe that success comes from within and are proud to support our team members through skill development and career advancement. Hyundai Capital America is an Equal Opportunity Employer committed to creating a diverse and inclusive culture for our workforce. We are a values-driven company dedicated to supporting both internal and external communities through volunteering, philanthropy, and the empowerment of our Employee Resource Groups. Together, we strive to be the leader in financing freedom of movement.
The Acquisition Profitability & Analytics Associate is responsible for supporting the acquisition team with profitability analysis for product, pricing, and policy decisions. This role will be responsible for supporting monthly reporting, data analytics and ad hoc analysis.
Responsibilities
• Establish regular meeting cadence with senior management and lead meetings with internal stakeholders (Sales & Risk) to review high-risk accounts and status updates on action plans.
• Review monthly watch reports and access level of risk.
• Partner with Legal to send appropriate level of escalation letters to dealers and manage Required Action Letters action plan/timelines.
• Work with portfolio team to review floorplan audit performance and notify sales team to address audit concerns with dealerships.
• Oversee collection efforts (charges, curtailments) on watch accounts.
• Complete periodic credit reviews on high-risk accounts or watch-list dealerships including assessment of collateral, documentation, reporting, and financial statements to identify current and/or early detection of company risk including, but not limited to, management/oversight of UCC’s, Insurance, credit lines, overline and aged inventory.
• Monitor high-risk accounts and/or default dealers including additional financial analysis, audit reviews, and overseeing payment collection. Work with Legal and internal and external stakeholders to mitigate portfolio risk and manage dealer defaults as needed.
• Develop optimization around portfolio risk operations processes including, but not limited to Duplicate Vin reporting, daily RDR reporting, wholesale interest collection, audit scheduling and frequency adjustments, UCC tracking and renewal process, and line management process.
• Partner with field personnel to develop and execute risk mitigation strategies on watch-list dealerships which includes developing plans related to re-capitalization, profit improvement, overline/aged inventory reduction, and work out strategies.
Requirements
• Bachelor’s degree in Finance, Economics, Business Administration or related field.
• Minimum 5-7 years’ progressive experience in automotive commercial risk management.
• Working knowledge of financial statements and financial metrics.
• Working knowledge of Commercial Credit Systems (Data Scan, Crowe, Dealer Profile).
• Working knowledge of Commercial Credit loan products and structures (RE, Cap, RLOC)
• Strong analytical skills.
• Experience with database management and reporting.
• Relationship building skills with both internal and external customers.
• Solid understanding of economic trends and financial markets.
• Experience with regulatory compliance requirements in credit risk.
• Strong verbal and written communication, including presentation skills.
• Excellent interpersonal skills to successfully collaborate with cross functional teams and building relationships.
• Intermediate to advanced skills with Excel, Word, and Outlook.
• Exceptional attention to detail and quality.
• Self-starter with excellent time management skills, ability to manage multiple tasks effectively.
• Ability to work under pressure and meet tight deadlines.
• Ability to work autonomously and in a team environment.
• Strong orientation toward results coupled with reputation for integrity, creativity and good judgment
• Must have the ability to challenge, when appropriate, existing practices.
Benefits
• Medical, dental, and vision plans with no-cost and low-cost options
• Annual employer HSA contribution
• 401(k) matching and immediate vesting
• Vehicle purchase and lease discounts, plus monthly vehicle allowances by job level:
• Associate / Sr. Associate: $350
• Manager / Sr. Manager: $600
• Director: $800
• Executive Director: $900
• VP or Above: $1,000
• 100%25 employer-paid life and disability insurance
• No-cost health and wellbeing programs, including a gym benefit
• Six weeks of paid parental leave
• Paid Volunteer Time Off, plus a company donation to a charity of your choice
Apply tot his job
Apply To this Job