Sr. Portfolio Risk Associate

Hyundai Capital•Irvine, CA

12d•Hybrid

About The Position

The Sr. Portfolio Risk Associate is responsible for portfolio analytics, tracking, reporting and monitoring for the purposes of controlling and managing the company’s risk tolerance. The Senior Associate will also be running and supporting the financial reporting, calculations and sample testing for HCA’s Consumer Allowance for Loan and Lease Losses (ALLL). Additional responsibilities will include mid-month and annual loss forecasting, including the tracking of historical roll rates by risk segment, identifying operational drivers, and understanding the macroeconomic environment that can be used as forecasting tools. These tools will be used in conjunction with running the loss model to increase forecast accuracy.

Requirements

Minimum 4-6 years’ related experience in consumer finance Risk field.
SAS or SQL experience required, R and Python experience a plus.
Collections or Customer Service operations background a plus.
Bachelor’s degree in Mathematics, Statistics, Economics or related quantitative field.
Master’s degree preferred.
An in-depth understanding of statistics with some application of modeling and scoring techniques
A thorough understanding of credit risk principles, portfolio management, FASB accounting standards on Current Expected Credit Loss (CECL) and International Financial Reporting Standard (IFRS) 9 accounting standards for loss reserving.
Strong PC skills; Microsoft Excel, Word, PowerPoint, Visio and relational database concepts.
Ability to comprehend instructions, create documentation on reporting and explain complex systems and data succinctly.
Ability to understand business objectives and their relationship to the importance of individual projects.
Strong written and verbal communication skills,
The ability to work independently as well as within a team.

Responsibilities

Develop portfolio analysis of credit segments to differentiate portfolio delinquency and loss performance, assess risk and opportunities of portfolio performance trends, and effectively communicate them to management. Maintain and improve portfolio delinquency and loss dashboards in Tableau to improve reporting and efficiency for bi-weekly credit loss meetings.
Generate the quarterly ALLL Consumer Reserves calculation for CECL and IFRS 9 by working with model development team and validating model output results. Re-evaluate qualitative factors on a quarterly basis to ensure the appropriate level of adjustments to the allowance.
Produce production reports for Risk Control Committee (RCC) presentation and track portfolio segments relative to the company’s risk triggers portfolio trends and assess the risk of those trends.
Track macroeconomic forecasts by using Moody’s Analytics DataBuffet, informing management and executives up-to-date information for best decision management and corrective actions.
Assist in the preparation of ALLL control documentation and quarterly memorandum and sample testing for external auditors. Prepare all necessary Provided-by-client (PBC) requests from auditors outside of ALLL KSOX framework.
Perform data mining/analysis and automation of data reports and presentations to support Portfolio Risk strategy initiatives.