Risk Officer; Operational - Bank

We are the movers of the world and the makers of the future. We get up every day, roll up our sleeves and build a better world together. At Ford, we’re part of something bigger than ourselves. What will you make today?

Ford Motor Credit Company ("Ford Credit") has received regulatory conditional approval to form Ford Credit Bank (the "Bank") to be headquartered in Salt Lake City, Utah. The Bank will create innovative and simplified banking solutions to help customers across the country finance the purchase of new Ford vehicles, parts, accessories, and software and earn competitive rates on FDIC‑insured savings accounts and certificates of deposit.

The Bank is a direct, wholly‑owned subsidiary of Ford Credit, an indirect, wholly‑owned subsidiary of Ford Motor Company.

The successful candidate will be a member of a dynamic team of banking professionals who will help stand up and begin the operations of the de novo Bank. New employees hired by the bank will initially be Ford Credit employees and may later be transferred to the new bank once it is formally established.

Come help build a better world, where every person is free to move and pursue their dreams. Ford was built on the belief that freedom of movement drives human progress. It fuels our passion to create great cars and trucks and our commitment to become the world’s most trusted mobility company.

The Operational Risk Officer is responsible for assisting in the development, implementation, and ongoing maintenance of the bank’s operational risk management framework. The role focuses on identifying, assessing, monitoring, and mitigating operational risks across all business lines and support functions. The officer works closely with various departments and stakeholders to embed operational risk management practices in day‑to‑day activities. The position requires a solid understanding of operational risk management principles, banking regulations, and internal control frameworks, as well as strong analytical and communication skills.

• Operational Risk Management Framework:
  • Assist in the development, implementation, and maintenance of the bank’s operational risk management framework, aligning with regulatory requirements and industry best practices.
  • Contribute to the development and maintenance of operational risk policies, procedures, and standards.
  • Promote awareness of operational risk management throughout the organization.
  • Support the ongoing review and enhancement of the operational risk management framework.
• Risk Identification and Assessment:
  • Work with departments to identify and assess operational risks, including risks related to processes, systems, people, and external events.
  • Conduct risk assessments and gap analyses to identify weaknesses in controls.
  • Facilitate risk workshops and other forums to gather information on operational risks.
  • Maintain a risk register to track identified operational risks.
• Control Monitoring and Testing:
  • Assist in the development and execution of control monitoring and testing programs to assess the effectiveness of operational risk controls.
  • Review control documentation and testing results to identify control deficiencies.
  • Track and monitor remediation efforts for identified control weaknesses.
  • Provide guidance to business units on control design and implementation.
• Loss Data Collection and Analysis:
  • Collect and analyze operational loss data to identify trends and patterns.
  • Investigate significant operational loss events to determine root causes and contributing factors.
  • Develop and implement corrective actions to prevent future loss events.
  • Maintain a database of operational loss events.
• Scenario Analysis:
  • Assist in the development and execution of scenario analysis exercises to assess the potential impact of operational risks.
  • Facilitate scenario workshops with business units to identify potential loss events and assess their impact.
  • Document scenario results and develop action plans to mitigate identified risks.
• Regulatory Compliance:
  • Assist in ensuring compliance with all applicable operational risk regulations and guidance.
  • Support the preparation of regulatory reports related to operational…