We made history and now we work to transform the future - for our customers, our communities and our families. You'll see your work on the road every day, helping people move freely and pursue their dreams. At Ford, you can build more than vehicles. Come build what matters.
The Ford Motor Credit Company team helps put people behind the wheels of great Ford and Lincoln vehicles. By partnering with dealerships, we provide financing, personalized service and professional expertise to thousands of dealers and millions of customers in over one hundred countries around the world.
Get in on the ground floor of building Ford Credit Bank-a de novo Utah industrial bank. As a BSA/AML Analyst, you will report to the BSA/AML Officer and serve as a critical member of our second line of defense, performing transaction monitoring, customer due diligence, and investigations to protect the bank and ensure regulatory compliance.
Ford Credit Bank (the "Bank"), a de novo Utah industrial bank headquartered in Salt Lake City, Utah, 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 Bank is designed to be a leading financial institution committed to upholding the highest standards of integrity, ethics, and regulatory compliance. We serve our customers with a wide range of financial products and services, driven by a culture of trust and excellence.
The people of Ford Motor Credit Company 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. If you're customer-focused, driven and seeking the opportunity to experience exciting challenges and growth, look no further.
Come help build a better world, where every person is free to move and pursue their dreams. Ford Motor Company 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 TPRM Lead will be responsible for assisting in developing, implementing, and managing all aspects of the Bank's Third-party risk management program. The position will report directly to the Bank's Director of Affiliate and Third Party Risk Management (ATPRM). The ATPRM Lead will ensure the program's function with a high level of compliance with internal policies, and federal regulatory expectations. The Lead is required to be knowledgeable and skilled in third-party risk and be able to independently assess associated risk and develop effective risk management program.
What you'll do...
Collaborate in the development and implementation of the Bank's Third-party and Affiliate Transaction risk management programs to align with the Bank's risk appetite and comply with regulatory guidance, Sections 23A and 23B of the Federal Reserve Act, Regulation W, and Bank Policy
Support in regulatory examinations, internal audits, and external audits of the ATPRM program, respond to exams and audit concerns, and coordinate corrective action of all related findings
Independent 2LOD oversight, review, and challenge of 1LOD processes of third-party activities across all lifecycle risks and affiliate activities
Contribute to establishing and maintaining effective Affiliate Transaction program procedures and processes for receiving and handling notification of potential affiliate transactions, specific compliance measures to be taken, and the validation of such measures
Assist with the development of a framework for creating, reviewing, and updating documentation and reporting to ensure compliance with Market Terms requirements and program level procedures to calculate and document blocked deposit amounts
Partner on developing and maintaining Third-Party and Affiliate Transaction risk-related monitoring, reporting, and escalation processes and systems in all related activities
Contribute to establishing an Anti-Tying program, which includes monitoring, reporting, and escalation procedures and processes to ensure regulatory and bank policy compliance
Work with cross-functional teams, committees, and external stakeholders to review new and existing third-party and affiliate relationships
Assist with governance execution by ensuring compliance with charter, setting agendas, facilitating meetings, and compiling standard reporting
Coordinate Third-Party Risk management, Affiliate Transaction, and Anti-Tying related training to directors, management, and employees to ensure integration of an appropriate risk mindset throughout the Bank
Recommend changes to risk appetite metrics and thresholds as part of the annual and interim reviews
As part of the risk assessments evaluate existing controls and proactively identify new control requirements, where applicable
Enhance policies, procedures, and standards, where applicable
You'll have...
Bachelor's degree preferred
3-5+ years of banking or regulated industry experience
A minimum of 2 years' experience in Third-Party Risk
Knowledge of third-party lifecycle management, governance and compliance including interagency regulations
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
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 salary grade 8 and ranges from $94,800-$166,200.
Final determination of salary grade will be based on candidate's skills and experience, and base salary will be set within the applicable range according to job scope, responsibility and competitive market value.
For more information on salary and benefits, click here: https://fordcareers.co/GSR
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#LI-FordCredit #LI-MN1
