Manager Business Analysis Market Risk

3 weeks ago

Toronto ON, Canada Hyundai Capital Canada Full time

Who We Are: Hyundai Capital Canada (HCCA) is the Canadian captive finance business for Hyundai Motor Group. We go to market under the service brands Hyundai Motor Finance, Kia Finance and Genesis Finance. Through a network of over 450 Hyundai and Kia dealerships nationwide, we provide indirect vehicle financing and leasing solutions to consumers and commercial customers.
Employee Value Prop and Culture: Our employees contribute every day to a culture that is fast-paced, dynamic, energized, agile, and collaborative. From our various employee programs to the unique design of our offices, we strive to foster a connected, fun, positive and rewarding company culture where employees feel appreciated for their contributions, proud of their company, and passionately invested in HCCA's success.

Our work environments are designed with specific themes in mind to achieve a consistent global identity that reflects our values: simplicity, collaboration, elements of nature and symmetry.

This position is responsible for managing HCCA’s residual value (RV) risk by measuring/monitoring losses and exposures for the lease portfolio, conducting root cause analysis, and driving change where necessary. They will act as a subject-matter expert by taking the lead on presenting current RV performance and providing insights on future expectations to internal and external stakeholders. In addition to this, they will work cross-functionally with various teams to prepare HCCA for future risks associated with a decline in used vehicle values. Some of the other key tasks this role will cover include preparing RV loss projections/simulations, managing the RV loss provision, maintaining the RV risk policies/procedures, monitoring market trends, supporting Sales initiatives, and exploring ways to improve the forecasting of used vehicle prices.

Residual Value Risk Monitoring & Forecasting
Conduct monthly reporting and analysis of residual value trends and key performance indicators.
Complete assessment of portfolio residual risk through mark-to-market data analysis, develop process and analytics to monitor forecasted residuals to actual performances (back-testing), prepare edition-over-edition comparisons of guidebook residual values, and determine implications on business strategy.
Lead the forecasting and strategic planning process for all RV Risk related metrics, including the yearly operating plan, mid-month financial estimate, and mid-year financial estimate.
Investigate, collect, and analyze auto industry and economic information affecting residual values, including but not limited to, economic trends forecasts, new and used car markets, emerging technology, and competitor vehicles and sales.
Liaise with the Sales Planning, Finance, and Operations departments at HCCA to ensure proper coordination on key topics related to RV Risk.
Act as the main point of contact on all RV topics for both the Global and Regional Risk Teams.

Complete assessment of RV risk at origination through Loss-on-Disposal (LOD) analysis. Develop adequate LOD assumptions on new vehicle launches where no historical data exists. Review and analyze implications of residual risk on product and pricing proposals.
Monitor monthly movements in the RV risk provision and evaluate reserve adequacy on a regular cadence. Work with the Finance and Global/Regional Risk Teams to ensure provision assumptions are valid, and secure approval from the Risk Control Committee (RCC) on all RV related items affecting the company’s P&L statement.
Liaise with external auditors to ensure provision models are properly governed and adhere to the relevant accounting standards.

Collaborate with the Sales Planning team to assist in continuing to refine the Lease product. Support initiatives to help capture market share and increase retention, including the periodic launch of new vehicle models.
Manage the Residual Value Setting Policy and identify potential enhancements to the current policy where needed. Support EV and Mobility topics from an RV Risk perspective.

5+ years of experience in risk management or related functions within the financial services industry
~5+ years related auto finance/captive finance/bank industry experience
~ Residual Risk Management experience is highly preferred


Bachelor’s degree in business administration, Mathematics, Economics, Operations Research, Statistics, Computer Science or related quantitative experience


Solid oral and written communication skills with the ability to negotiate and explain complex topics concisely
Ability to understand Risk business metrics/KPIs/objectives and their relationship to the importance of individual projects
Awareness of the principles of effective project management, risk mitigation, risk management and governance
Excel, Word, PowerPoint, SAS, SQL, Microsoft Access, and relational database concepts
Capital Canada Inc. is committed to acknowledge applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Job: Risk
Overtime Status: Exempt
Schedule: Full-time

  • Manager Business Analysis Market Risk

    3 weeks ago

    Toronto, ON, Canada Hyundai Capital Canada Full time

    Who We Are: Hyundai Capital Canada (HCCA) is the Canadian captive finance business for Hyundai Motor Group. We go to market under the service brands Hyundai Motor Finance, Kia Finance and Genesis Finance. Through a network of over 450 Hyundai and Kia dealerships nationwide, we provide indirect vehicle financing and leasing solutions to consumers and...

  • Manager Business Analysis

    1 day ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 180339 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager, Business Analysis is a key player within the Credit Information Systems team, supporting strategic enhancements to the Non-Retail Enterprise Repository, CARDS and the MIS reporting platform in BBCR...

  • Associate Director, Enterprise Market Risk Regulatory Capital Reporting

    1 week ago

    Toronto, ON, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? The role of Associate Director, Enterprise Market Risk Regulatory Capital Reporting & Analysis is to ensure that all market risk regulatory capital reporting is provided to all stakeholders in a timely and accurate manner, with commensurate analytical insight and appropriate communication. The...

  • Business Analyst

    7 days ago

    Toronto, ON, Canada Hays Full time

    Title: Business AnalystRate: $60-$65/hrJob OverviewRisk Platform Market Risk team is seeking a highly skilled and motivated individual to assume the position of Business Systems Analyst to assist with large scale technology deliverables. Responsibilities include understanding interpreting and refining business requirements, developing technical...

  • Business Analyst

    7 days ago

    Toronto, ON, Canada Hays Full time

    Title: Business AnalystRate: $60-$65/hrJob OverviewRisk Platform Market Risk team is seeking a highly skilled and motivated individual to assume the position of Business Systems Analyst to assist with large scale technology deliverables. Responsibilities include understanding interpreting and refining business requirements, developing technical...

  • Business Analyst

    7 days ago

    Toronto, ON, Canada Hays Full time

    Title: Business Analyst Risk Platform Market Risk team is seeking a highly skilled and motivated individual to assume the position of Business Systems Analyst to assist with large scale technology deliverables. Responsibilities include understanding interpreting and refining business requirements, developing technical specifications, systems testing and...

  • Business Analyst

    7 days ago

    Toronto, ON, Canada Hays Full time

    Title: Business Analyst Rate: $60-$65/hr Job Overview Risk Platform Market Risk team is seeking a highly skilled and motivated individual to assume the position of Business Systems Analyst to assist with large scale technology deliverables. Responsibilities include understanding interpreting and refining business requirements, developing technical...

  • Business Analyst

    7 days ago

    Toronto, ON, Canada Hays Full time

    Title: Business Analyst Rate: $60-$65/hr Job Overview Risk Platform Market Risk team is seeking a highly skilled and motivated individual to assume the position of Business Systems Analyst to assist with large scale technology deliverables. Responsibilities include understanding interpreting and refining business requirements, developing technical...

  • Marketing Manager

    1 month ago

    Toronto, ON, Canada Cavell Risk, Inc. Full time

    As the Marketing Manager, you will play a crucial role in developing and executing strategic marketing initiatives to enhance the company's brand presence, engage our target audience, and drive business growth. You will oversee various aspects of marketing, including events, social media, presentations (decks), website management, CRM administration,...

  • Manager, Market Risk Control

    1 month ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** The Enterprise Market Risk Control (EMRC) mandate is: - Develop a highly effective and respected team that operates in a manner consistent with the Bank’s guiding principles and policies. - Develop and maintain market risk frameworks...

  • Director of Data Management

    7 days ago

    Toronto, ON, Canada Global Risk Institute Full time

    COMPANY BACKGROUND / CULTURE The Global Risk Institute (GRI) is a premier organization that defines thought leadership in risk management for the financial industry. GRI brings together leaders from industry, academia, and government to draw actionable insights on risks globally. The organization was founded in 2010 as a result of efforts by the...

  • Manager, Data Analysis, Market Risk Infrastructure

    4 weeks ago

    Toronto, Canada BMO Financial Group Full time

    250 Yonge Street Toronto Ontario,M5B 2L7 Provides production and end-user support and governance for the risk technical platform and system environment that supports risk data & control structures (e.g. process controls, user access controls, data integrity controls) to enable risk processes and operations. Supports and oversees the planning, maintenance...

  • Manager, Risk

    1 week ago

    Toronto, ON, Canada TMX Group Full time

    Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into...

  • Market Risk Management Consultant

    1 week ago

    Toronto, ON, Canada Zortech Solutions Full time

    Requirements Capital Markets project implementation – essential (especially Fixed Income, Money Market and Equities related projects) Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) Analysis, data mapping and reporting – must have Be able to work independently without constant supervision– must have At least 5-6...

  • Market Risk Analyst

    1 month ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** Market Risk & Model Development (MRMD) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management, liquidity risk and model development. Within MRMD,...

  • Market Risk Management Consultant

    4 weeks ago

    Toronto, Canada Epsilon Solutions Full time

    **Job Title: Market Risk Management Consultant With Capital Market** **Location: Toronto, ON** **Duration: 12+ Months Contract** **Requirements**: - Capital Markets project implementation - essential (especially Fixed Income, Money Market and Equities related projects) - Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) -...

  • Manager, Financial Market Risk

    1 week ago

    Ottawa, ON, Canada Payments Canada Full time

    We care deeply about our employees’ well-being and are committed to providing a flexible, hybrid work environmentthat supports in-person connection and remote work. | We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. Inspire Trust, Build Community and Enable Change. We...

  • Market Risk Senior Analyst

    4 days ago

    Toronto, ON, Canada TD Full time

    Gestion des risques Détails de la rémunération : En votre qualité de candidat ou de candidate, nous vous encourageons à avoir une conversation franche avec votre recruteur et à poser des questions sur la rémunération, notamment les particularités salariales de ce poste. The Market Risk team is responsible for an independent oversight of...

  • Financial Market Risk Manager

    1 month ago

    Toronto, Canada Payments Canada Full time

    Payments Canada's purpose is to make payments easier, smarter and safer for all Canadians. We care deeply about our employees' well-being and are committed to providing a flexible, hybrid work environment that supports in-person connection and remote work. - Get to Know Us We are a unique organization situated at the centre of Canada’s payments ecosystem....

  • Market Risk Analyst

    3 days ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview** **Market Risk is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management, liquidity risk and model development. Market Risk is...