Hyundai Capital America: Principal Statistician

Managing the design, development, and implementation of statistical services to assess Loan and Credit Portfolio risk status and trends in Commercial and Consumer Loan Portfolio.

Hyundai Capital America Company: Hyundai Capital America
Location: Irvine, CA

General Summary
The primary areas of responsibility of this position include managing the design, development, and implementation of timely statistical services to respond to ongoing needs to assess Loan and Credit Portfolio risk status and trends in Commercial and Consumer Loan Portfolio.

This position will provide thought leadership across all statistical modeling techniques and standards. Reviews and validates statistical models developed within and outside the Risk Department. Develops advanced and/or new statistical application concepts techniques, analysis, and standards to measure risk adjusted performance for existing and prospective business opportunities, integrate stress testing activities, economic capital for adequacy and risk adjusted return on capital (RAROC). This individual will be responsible for providing advanced data analytics, showing a strong grasp of forecasting processes.

Email resumes to .

Duties and Responsibilities

1. Design and implement advanced statistical systems and methodology to manage HCA portfolios
2. Enhance and/or validate existing statistical systems and methodology by working with technology, treasury and operations to ensure constant evolution of Risk Analytics
3. Manage monitoring and analyzing of key portfolio risk measures; as well as performing stress testing, sensitivity and scenario analysis to provide decision support to management in its evaluation of the risk taken both by individual product lines and by the Company
4. Develop guidelines and procedures to ensure statistical model ensures quality, completeness and standardization of data
5. Advise management on new statistical or technological approaches to meet the complex business analyses requirements with credit and residual risk
6. Develop dynamic and comprehensive portfolio tracking, vintage analyses, reporting, and forecasting systems on sub-segments of the portfolio.
7. Supervise the development, maintenance and improvement of the data processing system within the Risk Group
8. Oversee pilot programs and national rollouts developed as a result of programmed models and strategies.
9. Prepare short and long term operational and technical strategy for the continuous development of the company

Knowledge and Skills
  • Process of understanding problems and recognizing connections to prioritize and develop solutions that align with organization goals
  • Well versed in areas of hypothesis testing, response surface methodology, mixed model analysis, multivariate analysis (cluster and factor analysis), sampling/stratification
  • Sound foundation in optimization, portfolio construction, econometrics and related forecasting techniques
  • Strong knowledge of financial theory, stochastic calculus, statistics, and knowledge of risk measures such as Value-at-Risk (VaR), Term Structure modeling and Monte Carlo Methods
  • Ability to work on multiple projects and attention to details and timeline
  • Good understanding of statistics
  • Team management experience is required

Education and Experience
  • Master's degree in Business Administration, Statistics, Economics, or related quantitative background required. PhD in Mathematics, Statistics or similar discipline
  • Strong PC skills; SAS, SQL, Microsoft Access, Excel, Word, Power Point, Brio, and Relational Database concept
  • Prior Credit scorecard and statistical model development experience required
  • Ten (10)+ years of relevant experience in Risk Management area within Consumer Financial Services; Automotive Finance industry background preferred
  • Five or more years of management experience in leading team members

Physical Requirements and Working Condition

Employees in this class are subject to extended periods of sitting, standing and walking, vision to monitor and moderate noise levels. Work is performed in an office environment

Hyundai is an Equal Opportunity Employer M/F/D/V.