60 Ford Motor Jobs Hiring Near You

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?

The Ford Motor Credit Company ("Ford Credit") has received the 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, EV Infrastructure and software and will accept deposits with competitive rates on FDIC-insured savings accounts and certificates of deposit. The Bank will be a direct and wholly owned subsidiary of Ford Credit, an indirect wholly owned subsidiary of Ford Motor Company ("Ford").

The people of Ford Credit have a 60-year commitment to helping put people behind the wheels of great Ford and Lincoln vehicles. By partnering with dealerships, we provide financing, personalized service, and professional expertise to five thousand dealers and more than four million customers in over 100 countries around the world. The proposed Bank will be a strategic addition to Ford Credit and is key to providing the capabilities needed to meet the financing expectations of Ford customers.

 If you're customer-focused, driven and seeking the opportunity to experience exciting challenges and growth, look no further. 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. 

In This Position...

The Credit Officer will report directly to the Bank's Chief Risk Officer and will be responsible for developing, implementing, and managing all aspects of the Bank's credit risk management programs. The Credit Officer will ensure the programs function with a high level of compliance with internal policies, and federal and state regulatory expectations. The Officer is required to be knowledgeable and skilled in the areas of credit risk management and be able to independently assess associated risk and develop effective risk management programs.

What You'll Have...

Bachelor's degree preferred

10+ years of banking experience

A minimum of 2 years' experience as a Credit Officer

Advanced knowledge of lending interagency regulations and applicable state laws

Experience working with Federal Banking Regulators

Strong communication and presentation skills and proven customer service experience

Exceptional analytical skills and the ability to work with complicated financial data

Excellent organizational skills and the ability to work well under pressure both independently and collaboratively within a team environment

Strong ethical behavior and the ability to work with sensitive information

Excellent leadership skills and the ability to train and develop employees, and align them to specific objectives

You may not check every box, or your experience may look a little different from what we've 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 builder...or 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 Year's Day

Paid time off and the option to purchase additional vacation time.

This position is a leadership level 5.

For more information on salary and benefits, click here: BENEFITS

Visa 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*

https://ford.eightfold.ai/careers/join?jtn_form_id=FMCC_JTN

Candidates 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 status. In the United States, if you need a reasonable accommodation for the online application process due to a disability, please call 1-888-336-0660.

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

What you'll do...

• Direct the development and execution of the Bank's credit risk management program to align with the Bank's governance framework and risk appetite, and comply with Bank policy and federal/state law and regulation
• Establish and maintain effective credit risk management program underwriting standards, strategies, and procedures and processes including but not limited to:
• consumer and commercial lending applicant underwriting standards and controlled formal exception approval and monitoring processes for each product offered by the Bank;
• minimum standards for the requirement of when investigation and verification of applicant and contract data is required;
• collection and vehicle repossession strategies, tactics, and record keeping;
• evaluation and oversight of external party business relationships;
• process for establishing accurate vehicle residual values that consider the effects of depreciation and expected market conditions and procedures to manage the end of lease term process; and
• management and maintenance of credit risk stress testing scenarios and processes;
• Approve the tools, models, and strategies used to quantify loss expectations and optimize collection resources, and to assess recovery expectations and optimize recovery resources
• Create minimum requirements for model performance tracking and measure the effectiveness of the scoring systems used for credit, collections, and recovery strategies on a regular basis
• Establish comprehensive risk reporting processes and metrics to monitor overall portfolio quality and credit performance, effectiveness of loss mitigation and collection strategies, performance and/or use of collections remedies, and policy compliance
• Provide independent oversight and reporting to the Board and management on key credit risks, credit risk trends, and credit risk mitigation, including regular reporting at the transaction, product segment, product, and portfolio levels on policy exception volumes, performance, credit concentrations and other analysis
• Maintain allowance for credit losses at appropriate levels and document its analyses in accordance with relevant concepts and requirements
• Conduct quarterly reviews of residual impairment to determine if an impairment reserve needs to be established or adjusted and report results
• Act as the primary contact for regulatory examinations, internal audits, and external audits of the credit risk management programs. Respond to exams and audit concerns and coordinate corrective action of all related findings
• Oversee activities of the credit risk management team, develop personnel, and collaborate with other department heads to deliver on specific objectives and initiatives
• Represent the Bank in civic and community reinvestment functions