Manager, Interest Rate Risk

Description
Who We Are: Through our service brands Hyundai Motor Finance, Genesis Finance*, and Kia Finance America, we provide financial products tailored to meet the needs of Hyundai, Genesis, and Kia dealerships nationwide, including dealer inventory and facility financing. And, through these dealerships, we provide indirect vehicle financing and leasing solutions to over 1.7 million retail customers.
Employee Value Proposition and Culture: Our employees contribute every day to a culture that is fast-paced, dynamic, energized, agile, and collaborative. From our various engagement programs to the unique design of our offices, we strive to foster a connected, fun, positive and rewarding company culture where employees feel appreciated for their contributions, proud of their company, and thrive to be passionately invested in employees and HCA's success.
Global One Company: Many countries. One identity. Hyundai Capital has offices across the world, including China, Canada, the United Kingdom, Germany, Russia, Brazil and Korea. Our work environments are designed with specific themes in mind to achieve a consistent global identity that reflects our values: light, collaboration, elements of nature and symmetry.
GENERAL SUMMARY:
The Manager, Interest Rate Risk, as part of a robust treasury risk management framework, designs feasible Interest Rate Risk mitigation strategies, manages hedging activities, creates analytical calculation/modules for new hedging opportunities, actively manages relationship with counterparties and performs hedge accounting and hedge related compliance requests. Support communication to internal and external stakeholders and provide analytic guidance to junior team members.
DUTIES AND RESPONSIBILITIES:
1. Model term structure/rates, asset-backed securities, and valuation on interest/foreign exchange rate derivatives (i.e., swaps, options, and forward).
2. Initiate risk hedging strategy and analytics, execute hedging transactions (i.e., swaps, options, etc.), monitor and perform derivative related reporting and operations (including derivatives activities of HCCA).
3. Lead hedge accounting quantitative modeling, procedure automation, and collaborate with accounting on documentation and periodical report (including hedge accounting activities of HCCA).
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. Support pricing analytics for core and non-core business line.
7. Perform all other duties as assigned.
KNOWLEDGE AND SKILLS:
• Knowledge of fixed income, option, financial derivative, economics, corporate finance, statistics, mathematics, etc. required.
• Skill in MS Excel, SQL required, skill in C, C++, VBA, R, SAS, Python etc. preferred.
• Proficient in Bloomberg, MS Power Point, and other MS Office product.
• Experience with ALM systems (KRM, QRM, etc.) preferred.
• Strong analytical and research skills.
• Excellent interpersonal skills and ability to work in a highly time-sensitive, dynamic, and growing environment.
• Excellent oral and written communication skills.
• Strong team mentality.
• Strong organization and multi-tasking skills.
• Solid work ethic and dedication to excellence.
Qualifications
• 5+ years of relevant working experience required with relevant bachelor's degree.
• 4+ years of relevant working experience required with relevant master's degree.
EDUCATION AND EXPERIENCE:
• 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.