Sr. Manager, Portfolio Risk Management
Apply NowCompany: Hyundai Capital
Location: Irvine, CA 92620
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 Sr. Manager, Portfolio Risk Management is responsible for leading a team to manage Hyundai Capital America's (HCA's) Allowance for Loan and Lease Losses (ALLL). Responsibilities include reporting, forecasting credit losses, conducting regular portfolio quality reviews on the consumer loan and lease portfolio, and performing analyses to manage and understand portfolio performance, profitability and outlook to ensure adherence to consumer protection laws, industry regulations, and internal guidelines. In addition, this role will work closely with Corporate Planning, Accounting, and Collections to ensure alignment in critical areas of financial management and reporting.
What You Will Do
1. Consumer Allowance for Loan and Lease Losses
Manage the consumerAllowance for Loan and Lease Losses (ALLL) process from end-to-end.
Act as the primary business owner of HCA's portfolio loss model, running and controlling the process of determining the appropriate amount of reserve for future consumer credit losses under CECL and IFRS 9 standards
Engage with internal executive stakeholders and external auditors to explain methodologies and decisions.
Perform macroeconomic analysis to support the reserve calculations
2. Risk Analysis & Monitoring
Analyze and forecast HCA's current and potential risks related to the loan and lease portfolios, including trend, credit quality, concentration, delinquency, and macroeconomic analyses.
Produce monthly and annual credit loss forecasts for use in corporate planning.
Analyze actual credit losses in the loan and lease portfolios and report to executive management.
Conduct stress testing and scenario analysis to assess portfolio resilience under different economic conditions.
Proactively identify risks to the portfolio and work with cross-functional stakeholders to mitigate these risks.
Identify and recommend strategies that balance risk with profitability to grow the portfolio.
3. Portfolio Strategy Development
Develop a system of key risk indications (KRIs) that will provide an early warning system for potential portfolio challenges.
Develop dynamic and comprehensive portfolio tracking, vintage analyses, reporting, and forecasting systems on sub-segments of the portfolio.
Develop and manage future portfolio composition strategies and portfolio behavior under diverse economic conditions
4. Regulatory Compliance
Ensure adherence to consumer protection laws, industry regulations, and internal guidelines.
Stay informed about regulatory changes and advise the business on potential impacts to the portfolio.
5. Lead, mentor, and develop team members by providing direction, performance feedback, and support to ensure effective collaboration, professional growth, and achievement of organizational and personal goals.
Qualifications
What You Will Bring
Minimum 8 years' progressive experience in credit risk analytics, query building and design, and statistical analysis.
Minimum 3 years supervisory experience.
Bachelor's degree in finance, economics, business or related field.
Master's degree preferred.
Excellent presentation skills with the ability to explain complex data analysis to executives.
Advanced skills in quantitative analysis, statistical model development, and forecasting.
Excellent understanding of lending economics, credit risk, data analytics, industry trends, and key drivers of profitability and loss.
Ability to think critically and analytically to solve complex problems and drive results.
Ability to lead, mentor, develop team members to achieve business goals.
Familiarity with financial services oversight bodies, guidelines, and regulations.
Strong understanding of banking risk management practices, Basel II and III, financial statements, and accounting principles.
Ability to lead multiple projects with attention to details and timeline.
Proficiency in risk management tools, statistical analysis, and data analytics (e.g., SAS, SQL, Python, R).
Strong PC skills including Microsoft Excel, Access, Word, Power Point.
Work Environment
Employees in this class are subject to extended periods of sitting, standing and walking, vision to monitor and moderate noise levels. 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 .
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 Sr. Manager, Portfolio Risk Management is responsible for leading a team to manage Hyundai Capital America's (HCA's) Allowance for Loan and Lease Losses (ALLL). Responsibilities include reporting, forecasting credit losses, conducting regular portfolio quality reviews on the consumer loan and lease portfolio, and performing analyses to manage and understand portfolio performance, profitability and outlook to ensure adherence to consumer protection laws, industry regulations, and internal guidelines. In addition, this role will work closely with Corporate Planning, Accounting, and Collections to ensure alignment in critical areas of financial management and reporting.
What You Will Do
1. Consumer Allowance for Loan and Lease Losses
Manage the consumerAllowance for Loan and Lease Losses (ALLL) process from end-to-end.
Act as the primary business owner of HCA's portfolio loss model, running and controlling the process of determining the appropriate amount of reserve for future consumer credit losses under CECL and IFRS 9 standards
Engage with internal executive stakeholders and external auditors to explain methodologies and decisions.
Perform macroeconomic analysis to support the reserve calculations
2. Risk Analysis & Monitoring
Analyze and forecast HCA's current and potential risks related to the loan and lease portfolios, including trend, credit quality, concentration, delinquency, and macroeconomic analyses.
Produce monthly and annual credit loss forecasts for use in corporate planning.
Analyze actual credit losses in the loan and lease portfolios and report to executive management.
Conduct stress testing and scenario analysis to assess portfolio resilience under different economic conditions.
Proactively identify risks to the portfolio and work with cross-functional stakeholders to mitigate these risks.
Identify and recommend strategies that balance risk with profitability to grow the portfolio.
3. Portfolio Strategy Development
Develop a system of key risk indications (KRIs) that will provide an early warning system for potential portfolio challenges.
Develop dynamic and comprehensive portfolio tracking, vintage analyses, reporting, and forecasting systems on sub-segments of the portfolio.
Develop and manage future portfolio composition strategies and portfolio behavior under diverse economic conditions
4. Regulatory Compliance
Ensure adherence to consumer protection laws, industry regulations, and internal guidelines.
Stay informed about regulatory changes and advise the business on potential impacts to the portfolio.
5. Lead, mentor, and develop team members by providing direction, performance feedback, and support to ensure effective collaboration, professional growth, and achievement of organizational and personal goals.
Qualifications
What You Will Bring
Minimum 8 years' progressive experience in credit risk analytics, query building and design, and statistical analysis.
Minimum 3 years supervisory experience.
Bachelor's degree in finance, economics, business or related field.
Master's degree preferred.
Excellent presentation skills with the ability to explain complex data analysis to executives.
Advanced skills in quantitative analysis, statistical model development, and forecasting.
Excellent understanding of lending economics, credit risk, data analytics, industry trends, and key drivers of profitability and loss.
Ability to think critically and analytically to solve complex problems and drive results.
Ability to lead, mentor, develop team members to achieve business goals.
Familiarity with financial services oversight bodies, guidelines, and regulations.
Strong understanding of banking risk management practices, Basel II and III, financial statements, and accounting principles.
Ability to lead multiple projects with attention to details and timeline.
Proficiency in risk management tools, statistical analysis, and data analytics (e.g., SAS, SQL, Python, R).
Strong PC skills including Microsoft Excel, Access, Word, Power Point.
Work Environment
Employees in this class are subject to extended periods of sitting, standing and walking, vision to monitor and moderate noise levels. 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 .