Steve makes a good point about the frost line. You'll want to know what that is for your building site, and plan accordingly. Setting a foundation below that point helps prevent the building from heaving and twisting during the annual freeze/thaw cycles. Buried things (like fence posts and foundations) tend to get pushed out of the ground if not sufficiently anchored. Your embankment should help with this, but it would help to find someone know knows more about embankments and their effect on the frost line and structural stability.
Brian Kaller had a very interesting photo on his blog (here -
https://restoringmayberry.blogspot.com/2023/02/pub-in-bog-of-allen.html) showing a pub built on a bog in Ireland, that apparently rocks like a boat under the force of soil movement, yet it remains intact and functional. That's an impressive bit of construction engineering, to say the least!
Good luck on your building!