Chief Credit Officer

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.

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.

• 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…