Portfolio Risk Manager - Hyundai Capital America
Irvine, CA
About the Job
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 2 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 the following benefits:
• Medical, Dental and Vision plans that include no-cost and low-cost plan options
• Immediate 401(k) matching and vesting
• Vehicle purchase and lease discounts plus monthly vehicle allowances
• Paid Volunteer Time Off with company donation to a charity of your choice
• Tuition reimbursement
What to Expect
The Portfolio Risk Manager will operate as a self-contained credit unit responsible for managing portfolio risk related to floorplan financial reporting, audit performance, inventory management, and legal documentation. under the Commercial Portfolio Management leadership.
What You Will Do
1. Manage and execute Dealer watch process with direction from department leadership, including:
• Establish regular meeting cadence and lead meetings with internal stakeholders (Sales & Risk)
• Review watch reports and elevate as warranted
• Coordinate development and execution of Required Action Letters
• Review and follow-up of audits
• Managing dealer defaults
• Lead dealer on-site management efforts incl. bank cut-offs, collateral and financials reviews as needed
• 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. Oversight of high-risk accounts and/or default dealers including additional financial analysis, audit analysis, and payment collection. Work with internal and external stakeholders to mitigate portfolio risk.
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. This includes developing plans related to re-capitalization, profit improvement, overline/aged inventory reduction, and work out strategies.
Qualifications
What You Will Bring
• Minimum 5 years related work experience with a bank or captive lender managing dealer defaults and workouts.
• Bachelor's degree required preferably in Finance, Accounting, or Economics.
• Knowledge of financial statements and financial metrics.
• Knowledge of Commercial Credit Systems (Data Scan, Crowe, Dealer Profile).
• Knowledge of Commercial Credit loan products and structures (RE, Cap, RLOC)
• Self-starter with excellent time management skills, ability to manage multiple tasks effectively.
• Strong communication skills both oral and written.
• Strong analytical skills.
• Relationship building skills with both internal and external customers.
• Ability to assist in training of internal and external customers on Commercial program requirements.
• Intermediate to advanced user experience with Excel, Word
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 2 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 the following benefits:
• Medical, Dental and Vision plans that include no-cost and low-cost plan options
• Immediate 401(k) matching and vesting
• Vehicle purchase and lease discounts plus monthly vehicle allowances
• Paid Volunteer Time Off with company donation to a charity of your choice
• Tuition reimbursement
What to Expect
The Portfolio Risk Manager will operate as a self-contained credit unit responsible for managing portfolio risk related to floorplan financial reporting, audit performance, inventory management, and legal documentation. under the Commercial Portfolio Management leadership.
What You Will Do
1. Manage and execute Dealer watch process with direction from department leadership, including:
• Establish regular meeting cadence and lead meetings with internal stakeholders (Sales & Risk)
• Review watch reports and elevate as warranted
• Coordinate development and execution of Required Action Letters
• Review and follow-up of audits
• Managing dealer defaults
• Lead dealer on-site management efforts incl. bank cut-offs, collateral and financials reviews as needed
• 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. Oversight of high-risk accounts and/or default dealers including additional financial analysis, audit analysis, and payment collection. Work with internal and external stakeholders to mitigate portfolio risk.
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. This includes developing plans related to re-capitalization, profit improvement, overline/aged inventory reduction, and work out strategies.
Qualifications
What You Will Bring
• Minimum 5 years related work experience with a bank or captive lender managing dealer defaults and workouts.
• Bachelor's degree required preferably in Finance, Accounting, or Economics.
• Knowledge of financial statements and financial metrics.
• Knowledge of Commercial Credit Systems (Data Scan, Crowe, Dealer Profile).
• Knowledge of Commercial Credit loan products and structures (RE, Cap, RLOC)
• Self-starter with excellent time management skills, ability to manage multiple tasks effectively.
• Strong communication skills both oral and written.
• Strong analytical skills.
• Relationship building skills with both internal and external customers.
• Ability to assist in training of internal and external customers on Commercial program requirements.
• Intermediate to advanced user experience with Excel, Word
Source : Hyundai Capital America