Compliance Analyst (Monitoring and Testing)- Ford Credit Bank

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.

Ford Motor Credit Company (“Ford Credit”) has received regulatory conditional approval to form Ford Credit Bank (the “Bank”), headquartered in Salt Lake City, Utah. The Bank will create innovative and simplified banking solutions to help customers 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”).

About the Role

The Bank’s Compliance Team is a crucial component of the second line of defense in the Bank’s risk management framework. We work collaboratively across all business units to foster a culture of compliance and ensure adherence to all applicable laws, rules, regulations, and internal policies.

As a Compliance Analyst (Monitoring and Testing), you will act as an important member of the compliance team, performing monitoring and testing activities, preparing documentation demonstrating the effectiveness of your results, collaborating with leaders and colleagues across the organization to understand and evaluate key Bank and vendor processes and activities, and driving continuous improvement in our compliance posture. You will be instrumental in addressing and demonstrating the Bank’s risk management to emerging regulatory challenges and technological advancements.

Responsibilities

• Work and coordinate with Compliance Officer
• Evaluate and interpret complex legal, regulatory, and policy requirements applicable to the tested area
• Assess and evaluate processes and data to determine that the business is operating in compliance with legal, compliance, and policy requirements, including those intended to prevent unethical and illegal conduct
• Communicate Compliance Testing results, findings, and conclusions to multiple levels of management and stakeholders
• Prepare documentation for regulatory authorities

Requirements

• Bachelor’s degree preferred; however, equivalent relevant work experience may be considered in lieu of the educational requirement
• A minimum of 2 years of experience in testing and/or auditing within banking or financial services, preferably within a compliance or risk team
• Demonstrated strong written, verbal, and analytical skills
• Proficiency in use and manipulation of data through MS Excel, GRC Platforms, Banking or Financial Services platforms
• 2+ years of Microsoft Office experience (Word/Excel/PowerPoint/Outlook)

Preferred Qualifications

• Strong analytical and issue analysis skills
• Experience in monitoring, testing, and evaluating legal, regulatory, and policy requirements against business processes and data, and interpreting results for risk-based opportunities for improvement
• Understanding of the role and purpose of the three-lines-of-defense in banking or financial services and communicating those principles to business colleagues during the development, implementation, and management of risk controls
• Proficiency in utilizing Governance, Risk, and Compliance (GRC) systems to streamline monitoring and testing activities and manage vast amounts of information effectively
• A forward-thinking mindset with the ability to identify and develop innovative solutions, particularly through the application of Artificial Intelligence (AI) to enhance compliance processes
• Excellent written and verbal communication skills, capable of drafting clear, concise, and comprehensive analyses, conclusions, findings, and reports
• Solid verbal communication skills, able to articulate complex compliance concepts to colleagues
• A proactive and solutions-oriented approach
• High level of integrity, ethical conduct, and sound judgment

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!

Benefits

• 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

Pay

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.

Schedule

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.