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Hyundai Capital Canada · 1 month ago

Commercial Risk Analytics Manager

United States-California-Irvine

Full-time

Onsite

Senior Level

$92K/yr - $144K/yr

5+ years exp

Hyundai Capital America is a leading financial services provider offering a range of products for Hyundai, Genesis, and Kia customers. The Commercial Risk Analytics Manager will focus on risk analytics and reporting for various finance portfolios, ensuring accurate data analysis and reporting to support decision-making and regulatory compliance.

AutomotiveFinanceFinancial Services

Responsibilities

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

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

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

Maintain project schedules, task details and coordinate efforts and deliverables with associates in department projects

Maintain relevant support documentation for regulatory requirements

Qualification

Quantitative analysisStatistical model developmentRisk managementPythonSQLSASBusiness acumenAttention to detailProject managementCommunication skills

Required

Minimum 5-7 years progressive experience in quantitative analysis within automotive captive, banking, commercial lending, equipment finance or related field

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.)