Wholesale Funding Associate
Job Description
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. Apply today.
WHAT YOU WILL DO
The Wholesale Funding Associate will support 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. Assist in the day-to-day management of Non Floor Plan accounts including fleet, commercial mobility products (as required), real estate and working capital loans. In addition, provide general administrative support for the Commercial Credit team.
HOW YOU WILL MAKE AN IMPACT
1. Daily Floorplan Dealer Portfolio Activity
Research and resolve accounting discrepancies.
Process ACH rejection requests as required.
Process returns and notify Credit Centers.
Collaborate daily with the Accounting Department with respect to reconciliation, clearing transactions and open suspense items.
Set up new floorplan accounts and new auctions within the wholesale management system including takeovers and takeouts.
Process daily balancing to ensure all flooring transactions, ACH and wire disbursements are in balance and forwarded to HCA Accounting in a timely manner.
Perform system testing as required in preparation for system updates/enhancements.
Post batches interfaced by HMA and KMA into the wholesale management system and reconcile against HCA cash disbursement notifications.
Process flooring of all non-Hyundai and non-Kia draft requests and reconcile to daily cash disbursement notifications.
Process auction flooring requests and Dealer Direct (DAS) flooring requests daily according to department service level requirements.
Review documentation to ensure no outstanding liens are present and title documents have been executed properly.
Process funding and payment transactions for syndication accounts as required.
Follow up with dealers and insurance companies to ensure insurance and coverages are adequate.
2. Prepare Treasury Approval Request (TAPR) for wire transfers for syndication funding transactions.
3. Process Enterprise vehicles and Rental Fleet funding, payment activities and daily balance reconciliation, account reporting and maintenance.
WHAT YOU WILL BRING TO THE ROLE
Minimum 2-4 years’ 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.
Bachelor’s degree preferred.
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
WE TAKE CARE OF OUR PEOPLE
At HCA, we know our success starts with our people. We offer a comprehensive rewards package designed to support your health, financial wellbeing, and life outside of work — so you can bring your best every day.
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
Generous parental leave to support growing families
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.
OTHER DETAILS
Our Company is an equal opportunity employer committed to fostering a diverse, inclusive, and respectful workplace—because we believe diversity builds stronger teams. We comply with all applicable federal, state, and local equal employment opportunity laws and do not discriminate on the basis of race, religion or creed, color, national origin, ancestry, caste, citizenship, sex or gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, medical condition, genetic information, marital status, family care or medical leave status, military or veteran status, political affiliation, or any other characteristic protected by law. Information provided during the application process is requested in good faith and will be used solely in accordance with applicable employment laws.
California Privacy Notice
This notice only applies to our applicants who reside in the State of California.
The latest version of our Privacy Policy can be found here. This Privacy Policy provides you with notice, at or before the point of collection, about the categories of personal information to be collected from you, the purposes for which your personal information is collected or used, and whether that information is sold or shared, so that you can exercise meaningful control over our use of your personal information. We are providing this notice to comply with the California Consumer Privacy Act of 2018, as amended as amended by the California Privacy Rights Act of 2020 (“CCPA”).
If you have any questions about CCPA regarding California residents or HCA team members, please contact the Privacy Team at [email protected].