Hyundai Capital Launches First Independent Recruitment for New Employees

[Asia Economy Reporter Yoo Je-hoon] Hyundai Capital will conduct an independent open recruitment for new employees this year.

Hyundai Capital announced on the 20th that it will accept applications for the first half of 2022 new employee open recruitment until the 25th. This recruitment is Hyundai Capital's first independently hosted open recruitment. Previously, it was jointly conducted by three companies: Hyundai Card, Hyundai Commercial, and Hyundai Capital.

The recruitment fields include ▲Digital/IT ▲Planning ▲Management Support ▲Auto Business ▲Overseas Business ▲Financial Business ▲Finance, totaling seven sectors. A Hyundai Capital official explained, "Unlike before when recruitment was conducted regardless of job roles, we decided to divide it into seven sectors," adding, "This will reduce uncertainty about the working department."

In particular, Hyundai Capital will recruit new employees even in the Overseas Business sector, where most companies hire experienced professionals. Hyundai Capital operates in 14 countries worldwide, including the United States, Canada, Germany, the United Kingdom, and France. Overseas assets account for more than twice the domestic assets out of the total global assets of 110 trillion KRW, indicating a high business proportion.

This open recruitment targets graduates or those expected to graduate by August this year from four-year universities (including graduate schools). For the Overseas Business sector, candidates with overseas experience and proficiency in a second foreign language such as Italian, Portuguese, or French will be given preference.

The recruitment process starts with document screening, followed by a coding test (for Digital/IT applicants), an online aptitude test, interviews, and a Trial Week. The final successful candidates are expected to join in July this year. The self-introduction section in the document screening consists of three parts: ▲Motivation for applying and goals to achieve at the company ▲Achievements and lessons learned from overcoming difficult situations ▲Collaboration experiences and the outcomes gained from them.

Hyundai Capital plans to conduct a 'Trial Week' for those who pass the interview stage. Introduced for the first time this year, the Trial Week is the final stage of the selection process, where applicants perform a short-term project for three days in their desired department and are evaluated based on the results. The Trial Week is conducted on an absolute evaluation basis, allowing all applicants who demonstrate high competence to pass regardless of competition rates.

Hyundai Capital added, "From the applicant's perspective, it is less burdensome than a long-term internship, and from the company's perspective, it provides a reasonable basis to judge whether the candidate is suitable, making it a win-win for both."

The coding test is only for applicants to the Digital/IT sector. It consists of three questions assessing logical programming, algorithm usage, and basic coding skills.

Hyundai Capital will hold an online recruitment briefing session for prospective applicants on the afternoon of the 21st. The Grand Central Building near Seoul Station, where the briefing will be held, will also be the new office where new employees will work starting this August. Unlike company executives or department heads, associates will directly present for recruiting at this briefing, which can be watched live on the University Tomorrow YouTube channel.

Meanwhile, ahead of the open recruitment, Hyundai Capital also emphasized in-house welfare systems such as ▲Flexible Working Hours and ▲Career Market. Hyundai Capital allows flexible commuting times as long as core hours from 10 a.m. to 4 p.m. are observed. Through the Career Market system, anyone can freely apply to transfer to departments posting job openings when manpower is needed. Confidentiality is maintained throughout the process. As of last year, about 80 employees have transferred departments through the Career Market.

This content was produced with the assistance of AI translation services.