Manager, Interest Rate Risk

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 3 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:

• Medical, dental, and vision plans with no-cost and low-cost options
• Annual employer HSA contribution
• 401(k) matching and immediate vesting
• Vehicle purchase and lease discounts, plus monthly vehicle allowances by job level:

o Associate / Sr. Associate: $350

o Manager / Sr. Manager: $600

o Director: $800

o Executive Director: $900

o VP or Above: $1,000

• 100% employer-paid life and disability insurance
• No-cost health and wellbeing programs, including a gym benefit
• Six weeks of paid parental leave
• Paid Volunteer Time Off, plus a company donation to a charity of your choice

What to Expect

The Manager, Interest Rate Risk, as part of a robust treasury risk management framework, manages a team responsible with designing feasible interest rate risk mitigation strategies, hedging activities, creating analytical calculation/modules for new hedging opportunities, actively managing relationship with counterparties and performing hedge accounting and hedge related compliance requests. This role will support communication to internal and external stakeholders and provide analytic guidance to junior team members.

What You Will Do

1. Model term structure/rates, asset-backed securities, and valuation on interest/foreign exchange rate derivatives (i.e., swaps, options and forward) and CVA.

2. Initiate economic hedging strategy and analytics, execute hedging transactions (i.e., interest rate swaps, cross currency swaps, options, etc.), monitor and perform derivative related reporting and operations.

3. Lead hedge accounting quantitative modeling, procedure automation, and collaborate with accounting on documentation and financial reports.

4. Manage derivative counterparty relationship, and ISDA document, regulation, and compliance requirement.

5. Monitor rates movements and market expectations, report on the impact to the business, and generate rate forecast scenarios.

6. 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 5-7 years' related experience in fixed income securities, interest rate risk management, and asset liability management.
• 0-2 years supervisory or leading large projects.
• Experience with ALM systems (KRM, QRM, etc.) preferred.
• SQL required, skill in C, C , VBA, R, SAS, Python etc. preferred.
• Bachelor's degree in Finance, Economics, Mathematics or Statistics required.
• Master's degree in Financial Engineering, Finance, or Economics preferred.
• Certified CFA and FRM preferred
• Working knowledge of fixed income, option, financial derivative, economics, corporate finance, statistics, mathematics, etc.
• Proficient in Bloomberg.
• Strong analytical and research skills.
• Excellent interpersonal skills and ability to work in a highly time-sensitive, dynamic, and growing environment.
• Strong team mentality.
• Strong written and verbal communication skills including the ability to present to leadership.
• Strong organization and multi-tasking skills.
• Solid work ethic and dedication to excellence.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Working overnight for transaction execution occasionally.
• Ability to successfully manage, train, develop and mentor direct reports.

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 at Privacy2@hcs.com.