Portfolio Risk Manager

Hyundai Capital America

Irvine, California

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JOB DETAILS

SKILLS

Analysis Skills, Auditing, Automotive Management, Business Administration, Cadence, Career Development, Commercial Loans, Credit Analysis, Database Administration, Database Technology, Dental Insurance, Disability Insurance, Documentation, Economics, Finance, Financial Analysis, Financial Audit, Financial Metrics, Financial Reporting, Financial Statements, Inside Sales, Insurance, Inventory Management, Investment Management, Legal, Legal Documents, Life Insurance, Loan Structuring, Loans, Operations Processes, Performance Management, Process Management, Product/Service Launch, Risk, Risk Management, Sales, Team Building, Team Player, Vision Plan, Wholesale Industry

LOCATION

Irvine, California

POSTED

6 days ago

Description

Who We Are

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.

We Take Care of Our People

Along with competitive pay, as an employee of HCA, you are eligible for:

• 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:

o Associate / Sr. Associate: $350

o Manager / Sr. Manager: $600

o Director: $800

o Executive Director: $900

o VP or Above: $1,000

• 100% 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

What to Expect
The Commercial Portfolio Risk Manager will operate as a self-contained credit unit responsible for managing portfolio risk related to floorplan financial reporting, monitoring and reviewing portfolio performance, inventory management, and legal documentation.

What You Will Do

1.Floorplan Risk Management

• 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.

2. 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.

3. 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.

4. 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.

5. 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.

Qualifications

What You Will Bring

• 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 r

About the Company

Hyundai Capital America

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