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Portfolio Risk Manager

Portfolio Risk Manager

Hyundai Capital AmericaUSA, California, Irvine
14 days ago
Job type
  • Full-time
Job description

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 Commercial Risk Analytics Manager provides risk analytics and reporting related to the Dealer Finance, Commercial Vehicle Finance and Mobility portfolios. Responsibilities include data gathering, data analytics, reporting, model development / maintenance in support of new products, loss prevention, modeling, forecasting, origination and portfolio management. This role will provide accurate and current information in support of department and business' policies, administration, regulatory (SOX), portfolio management and tracking, and key risk indicators. In addition, this role will investigate, collect, and analyze auto industry and economic information and data impacting credit risk, including but not limited to, information regarding economic trends forecasts, commercial real estate markets, emerging technology, competitor vehicles and sales, commercial vehicle financing and mobility areas.

What You Will Do

1. Data Collection and Analysis

  • Gather, maintain, report, reconcile and analyze data with the most up-to-date, accurate and functionally useful information in support of department and business' policies, administration and regulatory requirements
  • Build reports, dashboards and monitoring tools and early warning systems to enhance credit decision-making and information reporting to upper management and Risk Control Committee
  • Develop and enhance early warning, inventory analysis and risk management reports that can be leveraged by the Commercial and Sales teams to effectively manage risk in the Commercial & Mobility portfolios
  • Develop and maintain portfolio risk scorecards and underwriting risk models for Dealer, Commercial Vehicle and Mobility lending products and financial reporting
  • Develop Risk subject matter expertise in support of New Market Introductions and New Product Introductions by completing market / product research, Collaborate with Mobility team to assess and build out new markets and new products
  • Prepare loss estimates to support new Mobility products, including the development of probability of default and loss given default analyses
  • Develop and maintain monthly pre-approval lists in support of Subscription and other Commercial and new Mobility products
  • Support Dealer, Commercial Vehicle Finance and Mobility portfolio by developing and monitoring the scorecard performance and other key indicators. Analyze and recommend actions if indicators deviate from expected performance
  • Investigate and analyze auto industry, dealer and commercial vehicle financial statements, economic information and data impacting credit risk, including but not limited to economic trends forecasts, commercial real estate markets, Industry segment specific risks competitor vehicles and products and commercial vehicle financing areas
  • Ensure the accuracy of key credit assumptions that are inputs into the Pricing, Loss forecast, early warning, risk grading models, and develop tracking and analysis that enables periodic updates made in a systemic process to meet the needs of the business
  • Coordinate with the Commercial and Mobility teams to facilitate the integration of new systems, including the development of new and replacement reporting required to meet business needs.
  • 2. Reporting

  • Produce reports on Allowance for Loan and Lease Losses (ALLL), IFRS9, CECL for Dealer, Commercial Vehicle Finance and Mobility portfolios
  • Support monthly, quarterly, ad hoc and annual OP requests from FP&A and Risk.
  • Develop appropriate forecasting tools and provide timely forecast projections for review and approval by Director Commercial Risk, Enterprise Risk Director and CRO.
  • Develop and provide reports to support ad-hoc strategic projects and deliverables
  • Produce periodic and ad-hoc reporting and respond to Corporate and field requests
  • 3. Compliance and Communication

  • Perform verification of the CECL and IFRS9 and disclosure reports accuracy including input verifications, outcome reasonableness, and variance explanations in compliance with regulatory requirements (SOX).
  • Present the results to Commercial management for monthly sign-off and answer all the questions for smooth approval.
  • Conduct monthly meetings with Accounting, Finance, Commercial Credit, Mobility and Risk to share the results and provide clarifications.
  • Provide support and business rationale for external auditors with questions.
  • Create quarterly Memo for Commercial and Mobility portfolios including obtaining consensus from accounting and sign off from CRO and CFO
  • 4. Project Management

  • Maintain project schedules, task details and coordinate efforts and deliverables with associates in department projects.
  • Maintain relevant support documentation for regulatory requirements.
  • Qualifications

    What You Will Bring

  • Minimum 5-7 years progressive experience in quantitative analysis within automotive captive, banking, commercial lending, equipment finance or related field.
  • Prior credit scorecard and statistical model development experience preferred.
  • Bachelor's Degree in Business Administration, Mathematics, Economics, Operations Research, Statistics, Computer Science or related quantitative experience.
  • Demonstrate strong business acumen, technical skills and an ability to partner with stakeholders.
  • Strong PC skills; Python, SAS, SQL, Microsoft Access, Excel, Word, Power Point, VBA, Tableau.
  • Ability to work on multiple projects and attention to details and timeline.
  • Ability to explain complex data analysis.
  • Ability to develop statistical models (PD, LGD, Scorecards, Reserves, etc.).
  • Work Environment

    Employees in this class are subject to extended periods of sitting, standing and walking, and using a computer. Work is performed in an office environment.

    The posted salary range for this job takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; geographic location, and other business and organizational needs. Successful candidates may be hired anywhere in the salary range based on these factors. It is uncommon to hire candidates at or near the top of the range.

    California Privacy Notice

    This notice only applies to our applicants who reside in the State of California.

    The latest version of our Privacy Policy can be found here . This Privacy Policy provides you with notice, at or before the point of collection, about the categories of personal information to be collected from you, the purposes for which your personal information is collected or used, and whether that information is sold or shared, so that you can exercise meaningful control over our use of your personal information. We are providing this notice to comply with the California Consumer Privacy Act of 2018, as amended as amended by the California Privacy Rights Act of 2020 ("CCPA").

    If you have any questions about CCPA regarding California residents or HCA team members, please contact the Privacy Team at Privacy2@hcs.com .

    #LI-DNI

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