Director of Deposit Operations
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Job Location:
Salt Lake, UT - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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).
In this position
This individual will be the Banks Head of Deposits and deposit strategy. Primarily responsible for oversight and management of the banks deposit strategy with a focus on building new digital deposit initiatives. Will work closely with the executive team to develop the banks deposit strategy and ensure that appropriate efforts are made to ensure the banks goals are met within the framework of the approved deposit plan.
Responsibilities
What youll do
- Development strategy management and marketing of Deposit Account products
- Implement strategy digital deposit products program for the Bank
- Establishes new deposit products or industry niches and develops a marketing/sales plan to execute with goals of establishing industry expertise and driving deposit portfolio growth
- Collaborates with Ford Credit and Ford in the development and marketing of lending products to ensure full integration of deposit banking activities within the organization
- Banking deposit strategic planning working in concert with CEO and CFO
- Prepare and present reports to the Board of Directors as requested
- Serves on Bank committees as appropriate (i.e. ALCO Pricing Committee etc.)
- Additional duties as assigned by the CEO
- Responsible for deposit banking activities including setting goals and strategies for deposit production pricing profitability diversification liquidity metrics concentration management regulatory compliance and risk management
- Work with deposit vendors and product teams to ensure optimal customer experience
- Measure and actively work to improve customer Net Promoter Score
- Assist ALCO with deposit pricing and growth strategy
- Interface with the Banks regulators including the FDIC and Utah Department of Financial Institutions take the lead on deposit related exam questions and responses
- Travel approximately 20% of the time
Qualifications
Youll have
- Bachelors degree from an accredited four-year college or university in business administration finance or related field required advanced degree in banking or related field
- 10 years in Deposit strategy required
- 10 years of management experience
- Strong written verbal presentation and organization skills
- High emotional intelligence with proven ability to motivate mentor and coach others
- Effectively and self-sufficiently solves problems with effective results
Even better you may have
- Successfully interact with and influence senior leadership including executive management
As part of the Ford Credit Bank family youll enjoy excellent compensation and a comprehensive benefits package that includes generous PTO retirement savings and stock investment plans incentive compensation and much more. Youll also experience exciting opportunities for professional and personal growth and recognition.
If you have what it takes to help us redefine the future of mobility wed love to have you join us!
Candidates for positions with Ford Credit Bank must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.
We are an Equal Opportunity Employer committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race religion color age sex national origin sexual orientation gender identity disability status or protected veteran status.
This position is an LL5
For more information on salary and benefits #Hybrid #DA-1
Required Experience:
Director
Key Skills
- Risk Management
- Negiotiation
- Operational management
- Smartsheets
- Strategic Planning
- Team Management
- Budgeting
- Leadership Experience
- Program Development
- Supervising Experience
- Financial Planning
About Company
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