Compliance, AML & Privacy Manager
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 and 30 Genesis distributors 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 employee programs to the unique design of our offices, we strive to create a connected, fun, positive, and rewarding workplace where employees feel appreciated, proud of their company, and deeply invested in HCCA’s success.
Global One Company\: Many countries. One identity. Hyundai Capital has offices around the world, including South Korea, the United States, China, the United Kingdom, Germany, and Brazil. Our work environments follow consistent themes that represent our global values\: simplicity, collaboration, symmetry, and elements of nature.
Position Summary\: The Compliance, AML & Privacy Manager is an integral member of the Company’s Compliance, Privacy, Vendor Due Diligence, Vendor Management, and Anti-Money Laundering ("AML") programs. The Manager works closely with business units across the organization to support compliance with applicable laws, regulations, and Company policies and procedures.
The Manager is responsible for leading or assisting with the planning, development, implementation, and ongoing enhancement of the Company’s privacy and compliance programs, including compliance with evolving privacy legislation, AML/ATF requirements, and regulatory expectations. The Manager monitors legislative and regulatory developments, assesses potential impacts to the business, and works with stakeholders to design, implement, and maintain appropriate controls and processes.
The Manager leads or supports the identification, assessment, and remediation of compliance and privacy risks, including coordinating corrective action plans, tracking remediation activities, and reporting on progress to management. The role is also solely responsible for compliance monitoring, risk assessments, regulatory reporting, policy development, employee training, and governance initiatives.
In addition, the Manager supports the operation of the Company’s Privacy and Records Management Programs to help ensure compliance with applicable legal, regulatory, and internal requirements, and leads or assists with privacy incident management, regulatory inquiries, audits, and related compliance projects.
Duties & Responsibilities\:
- Assist business units to ensure that their operations comply with applicable laws, regulations and current P&Ps.
- Conduct and/or oversee compliance monitoring and testing. Support governance initiatives including committee reporting, policy governance, regulatory reporting, management reporting and enterprise compliance governance frameworks.
- Conduct compliance risk assessments and rate the risks applicable to the business unit.
Third party risk management - Oversee third-party risk management activities, including vendor due diligence, periodic reassessments, and ongoing monitoring. - Manage issues and remediation activities related to existing, new or revised laws and regulations, internal audits, and business unit identified issues.
- Research federal and provincial laws specific to auto finance, including credit, origination, servicing, collections, remarketing and repossession. Responsible for making recommendations to operations management regarding process changes necessary to support regulatory changes and implementing projects.
- Draft and update compliance and privacy policies and procedures.
- Develop and deploy compliance and privacy training materials.