Portfolio Risk Management Internship Jobs in California

Description
Hyundai Capital America (HCA) helps people move forward. Through Hyundai Motor Finance, Genesis Finance, and Kia Finance, we deliver innovative financing, leasing, and insurance solutions to more than 3 million customers and businesses nationwide.
We're a company driven by growth, innovation, and people. At HCA, you'll find opportunities to build new skills, expand your career, and make a real impact-while working in a diverse, inclusive, and values-driven environment. We're proud to support our communities through volunteerism, philanthropy, and engaged Employee Resource Groups.
If you're looking for a fast-paced, collaborative workplace where your ideas matter, join us as we lead the future of financing freedom of movement. Apply today.
WHAT YOU WILL DO
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
HOW YOU WILL MAKE AN IMPACT
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 TO THE ROLE
• 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.).
WE TAKE CARE OF OUR PEOPLE
At HCA, we know our success starts with our people. We offer a comprehensive rewards package designed to support your health, financial wellbeing, and life outside of work - so you can bring your best every day.
In addition to competitive pay, our benefits include:
• Hybrid work schedule offering 4 on-site days and 1 remote day per week
• Vehicle benefits designed around your role, including monthly allowances and purchase and lease discounts
• Flexible health coverage with medical, dental, and vision plans, including no cost and low-cost options
• Annual employer HSA contribution to help offset healthcare expenses
• 401(k) with company match and immediate vesting, so you can start building your future from day one
• 100% company paid life and disability insurance for added peace of mind
• Wellbeing programs at no cost to you, including gym benefits and health resources
• Generous parental leave to support growing families
• Paid Volunteer Time Off, plus a company donation to a charity of your choice
At HCA, our benefits are more than perks - they're part of our commitment to supporting you at work and in life. Learn more about benefits at HCA!
WHAT HAPPENS NEXT
Express your interest by submitting an application. Once your application is received, our recruiting team will review your application to see if you meet the basic and preferred qualifications listed on the job description. For more information on our culture, visit our careers page.
OTHER DETAILS
Our Company is an equal opportunity employer committed to fostering a diverse, inclusive, and respectful workplace-because we believe diversity builds stronger teams. We comply with all applicable federal, state, and local equal employment opportunity laws and do not discriminate on the basis of race, religion or creed, color, national origin, ancestry, caste, citizenship, sex or gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, medical condition, genetic information, marital status, family care or medical leave status, military or veteran status, political affiliation, or any other characteristic protected by law. Information provided during the application process is requested in good faith and will be used solely in accordance with applicable employment laws.
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 .