Sr. Interest Rate Risk Associate

Hyundai Capital • Irvine, CA

3d • Hybrid

About The Position

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. The Sr. Interest Rate Risk Associate, as part of a robust treasury risk management framework, performs derivative execution, booking, settlement, reporting on regular basis; supports designing feasible interest rate risk mitigation strategies, analytical calculation/modules, new hedging opportunities; streamline data procedures; actively manages relationship with counterparties and assists hedge related compliance requests.

Requirements

• Minimum 4-6 years’ relevant working experience in interest rate derivatives, fixed income securities, asset liability management or related field.
• Experience with ALM systems (KRM, QRM, etc.)
• Bachelor’s degree in Finance, Economics, Accounting, Mathematics or Statistics.
• Working knowledge of fixed income, interest rates, financial derivative, economics, corporate finance and data analytics.
• Working overnight for transaction execution occasionally.
• Intermediate skill level in SQL, VBA and Python.
• Proficient in Bloomberg.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Strong written and verbal communication skills.
• Strong analytical and research skills.
• Excellent interpersonal skills and ability to work in a highly time-sensitive, dynamic, and growing environment.
• Strong organization and multi-tasking skills.
• Solid work ethic, team spirit and dedication to excellence.

Nice To Haves

• Master’s degree in Finance, or Economics preferred.
• Certified CFA and FRM preferred.

Responsibilities

• Financial and Business Reporting · Operate monthly derivative financial reporting and journal entry validation. · Perform hedge accounting designation, periodic effectiveness test, documentation and report. · Monitor rates movement and market expectations, report on impact to the business, generate rate forecast scenarios and business planning. · Support ALCO material preparation.
• Hedging Execution and Compliance · Execute hedging transactions (i.e., swap, option, etc.) and price negotiation. · Perform derivative transaction booking, settlement, and other operations. · Manage derivative counterparty relationship. · Assist ISDA negotiation, counterparty onboarding, documentation, regulation, and other compliance requirement.
• Strategy Research and Data Procedure Management · Assist on hedging strategy and derivative accounting research, and ad-hoc analytics. · Support data management, streamline data process, and maintain model / procedure documentation for Interest Rate Risk mitigation module in ALM system.

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Mid Level