Vendor Risk Specialist

Hyundai Capital America provided pay range: $82,400.00/yr - $127,600.00/yr Who We Are 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 2 million consumers and businesses. We Take Care of Our People Along with competitive pay, as an employee of HCA, you are eligible for the following benefits: Medical, Dental and Vision plans that include no-cost and low-cost plan options Immediate 401(k) matching and vesting Vehicle purchase and lease discounts plus monthly vehicle allowances Paid Volunteer Time Off with company donation to a charity of your choice What to Expect The Vendor Risk Manager is responsible for managing vendor termination process, reviewing initial due diligence, ongoing vendor performance monitoring, and performing annual vendor risk assessments. What You Will Do Manage vendor risk rating during vendor onboarding process to ensure proper risk rating. Request, collect and review new vendor due diligence documentation for completeness, submit for approval, create and communicate due diligence summary reports to relevant stakeholders for all vendors. Complete independent on-site compliance reviews to high-risk vendors to ensure vendor compliance with applicable laws, regulations and HA policy and procedures. Perform desktop vendor compliance and periodic vendor control reviews to identify, document and report compliance issues to HCA Management for remediation. Facilitates the collection and review of Service Organization Controls (SOC) reports. Manage Information Security periodic and quarterly compliance reviews by collecting documentation from vendors to assess vendor’s compliance with consumer finance and collections regulations. Manage monthly employee termination notices to remove terminated users; Monitor and manage vendor record cleanup Validate contracts between Vendor Risk and Legal drive. Proactively identify contract renewal/termination timeframes. Manage notification of renewal to business in advance to determine course of action and/or conduct exit procedures based on the business decision. Provide reporting metrics on department purchase order activity and vendor payables. Conduct ad-hoc reporting and analysis as required. What You Will Bring Minimum 5-7 years progressive related experience. Bachelor’s degree or equivalent work experience required. Knowledge of consumer financial regulations and HCA’s compliance requirements. Knowledge of 3rd party risk management frameworks and risk assessment processes. Knowledge of collections and repossession processes and regulatory requirements. Ability to review and understand vendor financial health and performance. Knowledge of SOC reports and ability to review and understand them. Strong communication skills with ability to communicate effectively in written and verbal forms with all levels in the organization and external vendors. Strong skills in Microsoft Office Suite and web-based software tools. Analytical ability to identify vendor compliance and SLA issues from data sets, vendor documentation and sample testing. Hyundai Capital America is an Equal Opportunity Employer committed to creating a diverse and inclusive culture for our workforce.

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