Sr. Manager, Commercial Underwriting

Hyundai Capital America

$100K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of Commercial Operations experience, focusing on Mobility and Equipment underwriting.
  • 3+ years of experience in a supervisory role.
  • Familiarity with truck and trailer financing is beneficial.
  • Knowledge of Daybreak and/or ALFA systems is advantageous.
  • Bachelor's degree or equivalent experience is required.
  • Expertise in commercial credit processes and financial analysis.
  • Skills in portfolio management and covenant reviews.

Responsibilities

  • Lead and manage the Underwriting team for Commercial Finance Operations.
  • Define and prioritize credit and underwriting processes for various Mobility products.
  • Support the design and implementation of the ALFA system from an underwriting perspective.
  • Create and monitor Commercial Finance reporting and make recommendations for improvements.
  • Enhance operational effectiveness by coordinating with various departments.
  • Mentor and develop team members to achieve organizational goals.

Benefits

  • Hybrid work schedule with 4 on-site days and 1 remote day per week.
  • Vehicle benefits including allowances and discounts.
  • Flexible health coverage options for medical, dental, and vision.
  • Annual employer HSA contribution for healthcare expenses.
  • 401(k) plan with company matching and immediate vesting.
  • 100% company paid life and disability insurance.
  • Wellbeing programs offering gym benefits and health resources.
  • Generous parental leave policy.
  • Paid Volunteer Time Off and charitable donation opportunities.
Full Job Description
WHAT YOU WILL DO

The Sr. Manager, Commercial Underwriting is responsible for leading and managing the Underwriting team within the Commercial Finance Operations department. This position provides operations leadership and subject matter expertise in development, expansion and maintenance of system enhancements, quality controls, reporting, and policy and procedures within Commercial Finance Operations Underwriting. In addition, the Sr. Manager, Commercial Underwriting will proactively establish and maintain internal and external relationships with key stakeholders including automobile dealers.

HOW YOU WILL MAKE AN IMPACT

Oversee, establish, and define clear credit and underwriting priorities of various Mobility products including but not limited to products originating from Commercial Vehicle Finance, Subscription, Fleet, Truck, Trailer and B2B/OEM Equipment finance requests

Support design requirements and implementation of the ALFA system from credit and underwriting perspectives. This will include identifying best practices and potential friction points that may occur during the underwriting process.

Create, validate, and monitor Commercial Finance reporting, data and methods and provide overviews and recommendations to senior management to drive process improvements that lead to enhanced and efficient business performance

Coordinate with funding, servicing, sales, and collection teams to enhance operational effectiveness including process gaps, associate training, dealer training needs and communication.

Qualifications

WHAT YOU WILL BRING TO THE ROLE
• Minimum 8 years progressive Commercial Operations experience, including Commercial Mobility, Vehicle and Equipment underwriting.
• Minimum 3 years supervisory experience.
• Truck and trailer financing experience a plus.
• Daybreak and/or ALFA knowledge a plus.
• Bachelor's degree or equivalent experience required.
• Working knowledge of compliance laws as related to commercial vehicle lending, contracting and funding.
• Relationship building skills with both internal and external customers.

WE TAKE CARE OF OUR PEOPLE

In addition to competitive pay, our benefits include:
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
Paid Volunteer Time Off, plus a company donation to a charity of your choice

At HCA, our benefits are more than perks - they're part of our commitment to supporting you at work and in life. Learn more about benefits at HCA!

WHAT HAPPENS NEXT

Express your interest by submitting an application. Once your application is received, our recruiting team will review your application to see if you meet the basic and preferred qualifications listed on the job description. For more information on our culture, visit our careers page.

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