Compliance Officer; Monitoring & Testing - Ford Credit Bank

Overview

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 all a part of something bigger than ourselves. Are you ready to change the way the world moves?

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 will be a direct and wholly owned subsidiary of Ford Motor Credit Company (“Ford Credit”), an indirect wholly owned subsidiary of Ford Motor Company (“Ford”).

The successful candidate will be a member of an exciting and dynamic team of banking professionals who would have the opportunity to stand-up and begin the operations of the de novo Bank. New employees hired by the bank will initially be Ford Credit employees. Once the bank is formally established, these employees may be transferred to the new bank.

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’s a belief that has fueled our passion to create great cars and trucks. And today, it drives our commitment to become the world’s most trusted mobility company, designing vehicles for a smart world that helps people move more safely, confidently, and freely.

Ford is experiencing significant business transformation in an ever-changing digital world. We are dedicated to delivering distinctive products and solutions, having an “always on” relationship with customers and continuously improving our user experience.

Get in on the “ground floor” of building a de novo Bank and setting the foundation of the Bank’s Compliance Team! The Bank’s Compliance Team is a crucial component of the second line of defense in the Bank’s risk management framework. We work collaboratively across all business units to foster a culture of compliance and ensure adherence to all applicable laws, rules, regulations, and internal policies.

As a Compliance Analyst (Monitoring and Testing), you will act as an important member of the compliance team, performing monitoring and testing activities, preparing documentation demonstrating the effectiveness of your results, collaborating with leaders and colleagues across the organization to understand and evaluate key Bank and vendor processes and activities, and driving continuous improvement in our compliance posture. You will be instrumental in addressing and demonstrating the Bank’s risk management to emerging regulatory challenges and technological advancements.

We’re seeking an experienced and dynamic Compliance Officer (Monitoring and Testing) who will be responsible for driving visibility, understanding and consistency for addressing risks and providing risk‑based information to help facilitate decisions and to ensure Ford Credit Bank meets corporate and compliance objectives. The Compliance Officer (Monitoring and Testing) will lead the effective and efficient execution of the bank’s comprehensive Compliance Monitoring and Testing program.

This key role will be responsible for the strategic design, development, meticulous implementation, and ongoing maintenance and enhancement of critical compliance monitoring and testing components, including policies, procedures, interpreting risk assessments, making risk‑based planning and prioritization decisions, establishing robust and comprehensive monitoring and testing methodologies, collaborating with risk management colleagues in enterprise risk management, operational risk, internal controls, and internal audit, and leading a team of analysts through example and mentorship to execute the monitoring and testing activities.

The Compliance Officer (Monitoring and Testing) will also oversee the generation of essential reporting on the results…