Sr. Manager, Commercial Credit

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, Commercial Credit oversees all aspects of the originations process, including deal structure, underwriting, documentation and funding.  In addition, this role is responsible for the annual reviews and renewals, as well as the ongoing account management process. This role has credit approval authority as defined by the Dealer Finance – Commercial Credit Authority Policy.

What You Will Do

1.     Deal Structure & Underwriting:

·    Work in conjunction with field sales management to establish acceptable credit structure and identify exceptions to credit origination and credit  authority  policies.

· Review all due diligence items submitted by field sales and identify deficiencies for correction.

· Review submitted Commercial Credit request prior to assigning it to a Sr. Commercial Credit Analyst.

· Manage the workflow of new requests assignments.

· Review the accuracy of all underwiring completed by the analyst

· Make credit recommendations for all requests.

· Make credit decisions for applicable credit exposure as outlined in the Dealer Finance – Commercial Credit Authority Policy.

2.     Annual Reviews:

· Assist the Commercial Credit Portfolio Team with the underwriting process of annual reviews by assigning reviews to team members, reviewing  underwriting, and making recommendations and/or decisions where applicable.

3.     Documentation & Funding:

· Ensure all approved loan products are properly documented

· Oversee the funding process of new loan products

4.     Portfolio Management (first 6 months on books):

· Establish new customers in systems for ongoing dealer management

· Oversee all aspects of portfolio management (Dealer Monthly Review, Overline Management, etc.)

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

What You Will Bring

· Minimum 8 years' related experience in bank or captive commercial automotive lending.

· Prior automotive underwriting and risk management experience preferred.

· Minimum 3 years supervisory experience

· Bachelor's degree in Finance, Business Administration, Economics or related discipline.

· Advanced degree a plus.

· Possess a high level of subject matter expertise in dealership operations and financial statements.

· Excellent understanding of factors that impact the auto business and dealer profitability.

· Familiarity to loan policies and procedures.

· Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

· Ability to successfully manage, train, develop and mentor direct reports.

· Strong written and verbal communication skills including ability to present to leadership.

· Strong interpersonal skills to work in a team environment and build relationships with internal and external stakeholders.

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 at home and 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