Wholesale Funding Associate

Job Description - Wholesale Funding Associate (260000IK)

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.

• The Wholesale Funding Associate supports 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.
• Assists in the day‑to‑day management of Non Floor Plan accounts including fleet, commercial mobility products (as required), real estate and working capital loans.
• Provides general administrative support for the Commercial Credit team.
• Researches and resolves accounting discrepancies.
• Processes ACH rejection requests as required.
• Processes returns and notifies Credit Centers.
• Collaborates daily with the Accounting Department concerning reconciliation, clearing transactions, and open suspense items.
• Sets up new floorplan accounts and new auctions within the wholesale management system including takeovers and takeouts.
• Processes daily balancing to ensure all flooring transactions, ACH and wire disbursements are in balance and forwarded to HCA Accounting in a timely manner.
• Performs system testing as required for system updates/enhancements.
• Posts batches interfaced by HMA and KMA into the wholesale management system and reconciles against HCA cash disbursement notifications.
• Processes flooring of all non‑Hyundai and non‑Kia draft requests and reconciles to daily cash disbursement notifications.
• Processes auction flooring requests and Dealer Direct (DAS) flooring requests daily according to department service level requirements.
• Reviews documentation to ensure no outstanding liens are present and title documents have been executed properly.
• Processes funding and payment transactions for syndication accounts as required.
• Follows up with dealers and insurance companies to ensure insurance and coverages are adequate.
• Prepares Treasury Approval Request (TAPR) for wire transfers for syndication funding transactions.
• Processes Enterprise vehicles and Rental Fleet funding, payment activities, and daily balance reconciliation, account reporting and maintenance.

• Minimum 2–4 years of 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, 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 expenses.
• 401(k) with company match and immediate vesting
  , so you can start building your future from day one.
• 100% company‑paid life and disability insurance for added peace of mind.
• Wellbeing programs at no cost to you
  , including gym benefits and health resources.
• Generous parental leave to support growing families.
• Paid Volunteer Time Off
  , plus a company donation to a…