Wholesale Funding Associate

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 Wholesale Funding Associate will support Hyundai Capital America's floorplan dealer portfolio including processing of flooring and auction requests, customer support on the Dealer Access module of the wholesale management system and maintenance of dealer credit lines in the system. Assist in the day-to-day management of Non Floor Plan accounts including fleet, commercial mobility products (as required), real estate and working capital loans.

In addition, provide general administrative support for the Commercial Credit team.

HOW YOU WILL MAKE AN IMPACT

1. Daily Floorplan Dealer Portfolio Activity

• Research and resolve accounting discrepancies.
• Process ACH rejection requests as required.
• Process returns and notify Credit Centers.
• Collaborate daily with the Accounting Department with respect to reconciliation, clearing transactions and open suspense items.
• Set up new floorplan accounts and new auctions within the wholesale management system including takeovers and takeouts.
• Process daily balancing to ensure all flooring transactions, ACH and wire disbursements are in balance and forwarded to HCA Accounting in a timely manner.
• Perform system testing as required in preparation for system updates/enhancements.
• Post batches interfaced by HMA and KMA into the wholesale management system and reconcile against HCA cash disbursement notifications.
• Process flooring of all non-Hyundai and non-Kia draft requests and reconcile to daily cash disbursement notifications.
• Process auction flooring requests and Dealer Direct (DAS) flooring requests daily according to department service level requirements.
• Review documentation to ensure no outstanding liens are present and title documents have been executed properly.
• Process funding and payment transactions for syndication accounts as required.
• Follow up with dealers and insurance companies to ensure insurance and coverages are adequate.

• Minimum 2-4 years' related work experience in basic accounting reconciliation.
• Knowledge of inventory floor plan financing a plus.
• Bank or captive lender experience preferred.
• High School diploma or GED required.
• Bachelor's degree preferred.
• Proficient in Microsoft Office programs such as Word, Excel, Access, and Outlook.
• Proven detail-oriented working with monetary transactions.
• Strong written and verbal communication skills to work with dealers and internal departments.
• Team oriented, strong interpersonal skills.
• Must be able to multitask and perform multiple job functions simultaneously

• 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…