Risk Officer (Operational) Ford Credit 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 were all a 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 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. Its a belief that has fueled our passion to create great cars and trucks. And today it drives our commitment to become the worlds 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 analways onrelationship with customers and continuously improving our user experience.

In This Position...

The Operational Risk Officer is responsible for assisting in the development implementation and ongoing maintenance of the banks operational risk management framework. This role focuses on identifying assessing monitoring and mitigating operational risks across all business lines and support functions. The Operational Risk Officer will work closely with various departments and stakeholders to ensure that operational risk management practices are embedded in day-to-day activities. This position requires a solid understanding of operational risk management principles banking regulations and internal control frameworks as well as strong analytical and communication skills.

What youll do...

• Operational Risk Management Framework:
  • Assist in the development implementation and maintenance of the banks 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 risk.
  • Participate in regulatory examinations and internal audits related to operational risk.
  • Stay abreast of changes in operational risk regulations and industry best practices.
• Reporting and Communication:
  • Prepare and present reports on operational risk exposures performance and compliance to management.
  • Communicate operational risk issues and concerns to relevant stakeholders.
  • Provide training and education on operational risk management to bank staff.
  • Participate in risk management committees and working groups.
• New Product and Service Risk Assessments:
  • Participate in the review of new products and services to identify potential operational risks.
  • Conduct risk assessments of new products and services and recommend appropriate controls.
  • Ensure that new products and services are implemented in a manner that mitigates operational risks.

Youll have...

The Minimum Requirements We Seek

• Bachelors degree in Business Administration Finance Accounting or a related field.
• Number years of experience in operational risk management internal audit compliance or a related field within a banking or financial services environment.
• Solid understanding of operational risk management principles banking regulations and internal control frameworks.
• Experience with risk assessments control testing and loss data analysis.
• Strong analytical problem-solving and decision-making skills.
• Excellent communication interpersonal and presentation skills.
• Proficiency in Microsoft Office Suite.

Even better you may have...

• Relevant certifications (e.g. CROA FRM CIA) are a plus.

You may not check every box or your experience may look a little different from what weve outlined but if you think you can bring value to Ford Motor Company we encourage you to apply!

As an established global company we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe or keep you close to home Will your career be a deep dive into what you love or a series of new teams and new skills Will you be a leader a changemaker a technical expert a culture builderor all of the above No matter what you choose we offer a work life that works for you including:
Immediate medical dental vision and prescription drug coverage
Flexible family care days paid parental leave new parent ramp-up programs subsidized back-up child care and more
Family building benefits including adoption and surrogacy expense reimbursement fertility treatments and more
Vehicle discount program for employees and family members and management leases
Tuition assistance
Established and active employee resource groups
Paid time off for individual and team community service
A generous schedule of paid holidays including the week between Christmas and New Years Day
Paid time off and the option to purchase additional vacation time.

This position is leadership level 5 and ranges from $20.

For more information on salary and benefits click here: sponsorship is not available for this position.

*Register for our Ford Credit Bank talent community today to be considered for current and future banking opportunities*

for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.

We are an Equal Opportunity Employer. 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 the United States if you need a reasonable accommodation for the online application process due to a disability please call 1-.

This position is hybrid. Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week. #LI-Hybrid#LI-FordCredit#LI-MN1