Wholesale Funding Associate

Job Description - Wholesale Funding Associate (260000CQ)

Wholesale Funding Associate (260000CQ)

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.

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:
  • Associate / Sr. Associate: $350
  • Director: $800
  • Executive Director: $900
  • VP or Above: $1,000
• 100% employer‑paid life and disability insurance
• No‑cost health and well‑being 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

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.

• 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.

What you will bring:

• 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.
• Proficient in Microsoft Office programs such as Word, Excel,…