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.
In this Position:
The Liquidity Risk Officer is responsible for the development, implementation, and ongoing management of the bank's liquidity risk management framework. This role is critical in ensuring the bank maintains sufficient liquidity to meet its obligations under both normal and stressed conditions. The Liquidity Risk Officer will monitor liquidity positions, analyze liquidity risk exposures, develop and implement liquidity risk policies and procedures, and provide regular reporting to senior management and the Board of Directors. This position requires a deep understanding of liquidity risk management principles, banking regulations, and financial markets, as well as strong analytical and communication skills.
What you'll do...
Liquidity Risk Management Framework:
Develop, implement, and maintain a comprehensive liquidity risk management framework that aligns with regulatory requirements and industry best practices.
Establish and maintain liquidity risk policies, procedures, and limits.
Ensure the framework is effectively communicated and understood throughout the organization.
Regularly review and update the framework to reflect changes in the bank's business activities, market conditions, and regulatory requirements.
Liquidity Monitoring and Analysis:
Monitor the bank's daily liquidity positions, including cash flows, funding sources, and liquidity reserves.
Analyze liquidity risk exposures, including on- and off-balance sheet items.
Identify and assess potential liquidity risks and vulnerabilities.
Develop and maintain liquidity risk metrics and key performance indicators (KPIs).
Stress Testing:
Develop and execute liquidity stress testing scenarios to assess the bank's ability to withstand adverse conditions.
Analyze stress test results and identify potential liquidity shortfalls.
Develop and implement contingency funding plans to address potential liquidity crises.
Regularly review and update stress testing scenarios to reflect changes in the bank's risk profile and market conditions.
Regulatory Compliance:
Ensure compliance with all applicable liquidity risk regulations, including but not limited to Basel III, Dodd-Frank Act, and regulatory guidance from the [Relevant Regulatory Body - e.g., Federal Reserve, OCC, FDIC].
Prepare and submit regulatory reports related to liquidity risk.
Serve as a point of contact for regulatory examinations related to liquidity risk.
Stay abreast of changes in liquidity risk regulations and industry best practices.
Reporting and Communication:
Prepare and present regular reports on liquidity risk exposures, performance, and compliance to senior management and the Board of Directors.
Communicate liquidity risk issues and concerns to relevant stakeholders.
Provide training and education on liquidity risk management to bank staff.
Participate in risk management committees and working groups.
Contingency Funding Plan (CFP):
Develop, maintain, and regularly test the bank's contingency funding plan (CFP).
Ensure the CFP is comprehensive, practical, and aligned with the bank's overall liquidity risk management framework.
Coordinate with other departments to ensure the CFP is effectively implemented.
Conduct regular simulations to test the effectiveness of the CFP.
Model Validation:
Oversee the validation of liquidity risk models, including assumptions, methodologies, and data inputs.
Ensure that models are properly documented and validated in accordance with bank policies and regulatory requirements.
Work with model developers to address any model deficiencies.
Intraday Liquidity Management:
Monitor and manage intraday liquidity positions to ensure the bank can meet its payment obligations throughout the day.
Develop and implement procedures for managing intraday liquidity risk.
Coordinate with treasury and operations departments to optimize intraday liquidity management.
You'll have...
The Minimum Requirements We Seek
Bachelor's degree in Finance, Economics, Accounting, or a related field. Master's degree preferred.
[Number] years of experience in liquidity risk management, treasury, or a related field within a banking or financial services environment.
Strong understanding of liquidity risk management principles, banking regulations, and financial markets.
Experience with liquidity stress testing, contingency funding planning, and regulatory reporting.
Excellent analytical, problem-solving, and decision-making skills.
Exceptional communication, interpersonal, and presentation skills.
Proficiency in Microsoft Office Suite and financial modeling software.
Relevant certifications (e.g., CFA, FRM) are a plus.
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 leadership level 6 and ranges from $112,680-212,760.
For more information on salary and benefits, click here: https://fordcareers.co/LL6 (https://urldefense.com/v3/\_https:/fordcareers.co/LL6\\;!!N\LtwI-RPugbI9wg0dJn!FBvPUHJdm6Ata6Ou4I-2YYQzc5cEWaXyrLXmdLELuaEaB3Bm3vqHAhytEhtgwQjhBB4RkO7opTRRug$)
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 may be required to be onsite four or more days per week. #LI-Hybrid#Ford Credit##LI-MN1
Requisition ID : 58977
