Commercial Credit Manager - Underwriting
Hyundai Capital America

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 Credit Manager - Underwriting is responsible for managing all aspects of the originations underwriting process for large dealer groups, including deal structure, pricing, scoring, real estate, etc. In addition, this role will be responsible for assisting in periodic reviews/renewals.

What You Will Do

1. Manage the Commercial Credit underwriting process for large dealer groups including direct interaction with Sales and/or Dealer owners/personnel regarding structuring of new requests and/or issues identified during the underwriting process.

2. Compose executive summary outlining request structure and underwriting findings for a.) review with Commercial Credit Director/VP and Commercial Risk, b.) presentation to appropriate Credit Committee.

3. Manage the funding process of approved commercial products for large dealer groups (and other dealers as required) including interaction with the Real Estate and Legal Teams regarding the drafting of terms sheets and loan agreements.

4. Portfolio management duties (overline approvals, financial statement review, the Watch credit process) for the first 6 months of flooring relationship and ensure the smooth transition to the Portfolio Management Team.

5. Assist with the review/recommendations of periodic reviews/renewals for other dealers as required.

Qualifications

What You Will Bring

• Minimum 5 years progressive related experience in dealership operations and financial statements.

• B.A. in Business, Finance or Economics.

• Excellent understanding of factors that impact the auto business & dealer profitability.

• Exposure to loan policies and procedures.

• Proficient in MS Word, Excel, PowerPoint, Outlook and MS Office products.

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.