Design, implement, and oversee a comprehensive second-line risk management framework.
Identify, assess, monitor, and report on all categories of risk, including credit, liquidity, market, operational (including legal, compliance, and technology), and model risk.
Define and enforce enterprise-wide risk appetite, risk limits, and escalation procedures.
Serve as the principal advisor to the CEO and the Board Risk and Compliance Committee on risk matters.
Identify and evaluate emerging risks, particularly in relation to new products, services, or markets.
Supervise the Compliance Officer, who will lead the Bank’s consumer compliance program and serve as the Community Reinvestment Act (CRA) Officer.
Ensure adherence to all federal and state compliance regulations, including fair lending, UDAAP, ECOA, HMDA, and more.
Oversee implementation of complaints handling, compliance training, and monitoring programs.
Supervise the BSA Officer, who will be responsible for developing and maintaining the Bank’s BSA/AML and OFAC policies and procedures.
Conduct institution-wide BSA/AML/OFAC risk assessments.
Ensure operational effectiveness of all controls related to BSA/AML and sanctions compliance.
Coordinate training, regulatory reporting (e.g., SARs/CTRs), and system monitoring.
Ensure timely and accurate reporting to the Board and regulators on the health of the BSA/AML/OFAC program.
Oversee the Bank’s Chief Information Security Officer (CISO) and ensure the protection of customer data and the integrity of information systems.
Monitor cybersecurity risk and ensure proper governance and incident response protocols.
Develop and manage a model governance framework, including model risk policies, inventory, validation, and documentation standards.
Serve as the Bank’s primary contact with regulators for all risk and compliance-related matters.
Prepare for and respond to regulatory examinations and inquiries.
Support internal and external audit processes and oversee remediation of findings.
Ensure risk and compliance frameworks support business strategy and regulatory expectations.
Develop strong working relationships with business units to provide insight and support on risk and compliance matters.
Report to and advise the Board Audit / Risk and Compliance Committee, including regular updates on key risk indicators, regulatory changes, and program enhancements.

Requirements

Must reside in or be willing to relocate to Utah (on-site presence required).
Minimum of 10 years of experience in financial services risk and compliance, with at least 5 years in a senior leadership role.
Demonstrated expertise in BSA/AML and OFAC compliance, including program management and regulatory interaction.
Strong knowledge of applicable banking laws and regulations, including FDIC, FRB, FinCEN, and Utah state regulatory frameworks.
Experience managing or overseeing Compliance Officers, BSA Officers, and information security functions.
Exceptional communication skills with the ability to engage effectively with regulators, Board members, and cross-functional leaders.

Benefits

Competitive executive compensation package including base salary, performance bonus, and equity incentive.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills

risk managementBSA/AML complianceOFAC complianceregulatory reportingmodel governancerisk assessmentcompliance trainingcybersecurity risk managementcomplaints handlingprogram management

Soft skills

communication skillsleadershiprelationship buildingadvisory skillsorganizational skillsproblem-solvingstrategic thinkingcollaborationengagementinsight provision