Retail Credit Risk Management Lead - Ford Bank

Ford Motor • Salt Lake, UT

5d • Hybrid

About The Position

The Retail Credit Risk Management Lead provides second-line credit risk oversight for Ford Credit Bank’s consumer auto lending portfolio. The role ensures underwriting, servicing, collections, and repossession practices align with the Bank’s risk appetite, internal policies, and regulatory requirements. The Lead implements and monitors the Bank’s consumer auto lending credit risk management programs, independently assesses risks, and develops monitoring programs. The position reports directly to the Bank’s Chief Credit Officer and serves as secretary to the Ford Credit Bank Credit Committee.

Requirements

• At least 5 years of banking experience.
• At least 3 years of experience in consumer credit risk.
• Knowledge of lending interagency regulations and applicable state laws.
• Understanding of the three lines of defense in banking.
• Strong communication and presentation skills.
• Proven customer service experience.
• Exceptional analytical skills and the ability to work with complicated financial data.

Nice To Haves

• Bachelor’s degree preferred.

Responsibilities

• Support the Chief Credit Officer in consumer lending credit risk activities.
• Execute the Bank’s credit risk management program in alignment with its governance framework and risk appetite, and comply with Bank policy and federal and state laws and regulations.
• Maintain an effective credit risk monitoring program, including monitoring adherence to consumer lending applicant underwriting standards.
• Monitor adherence to minimum standards for when investigation and verification of applicant and contract data are required.
• Monitor adherence to minimum collection and vehicle repossession strategies, tactics, and record-keeping standards.
• Execute a second-line-of-defense risk management program for consumer loans, ensuring bank underwriting, servicing, collections, and other standards are met.
• Provide independent oversight and report to Senior Management and the Credit Committee on key credit risks, trends, and mitigation.
• Regularly report and analyze policy exception volumes, performance, credit concentrations, and other risks at transaction, product-segment, product, and portfolio levels.
• Oversee vehicle residual value setting processes, conduct quarterly reviews of residual value performance, and report results.
• Serve as secretary to the Ford Credit Bank Credit Committee.

Benefits

• Immediate medical, dental, vision, and prescription drug coverage.
• Flexible family care days, paid parental leave, new-parent ramp-up programs, and subsidized backup childcare.
• Adoption and surrogacy expense reimbursement, fertility treatments, and other family-building benefits.
• Vehicle discount program for employees and family members, and management leases.
• Tuition assistance.
• Employee resource groups.
• Paid time off for individual and team community service.
• Paid holidays, including the week between Christmas and New Year’s Day.
• Paid time off and the option to purchase additional vacation time.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior