AVP Deposit Compliance

Bank of Utah • Ogden, UT

19h

About The Position

If our mission statement piques your interest, we encourage you to apply for the currently open position of AVP Deposit Compliance to work Monday - Friday. The Deposit Compliance Manager provides advanced regulatory expertise, operational leadership, and strategic oversight of the Bank’s deposit compliance program. This role is designed for a seasoned compliance professional who will shape the Bank’s compliance posture, influence cross-functional decision-making, and ensure the integrity of deposit operations across the organization. As a key member of the Compliance Committee, this role owns the Bank’s deposit compliance framework, including risk assessments, policy governance, monitoring, and change management. The Deposit Compliance Manager serves as a trusted advisor to Senior Management and acts as a primary liaison with regulators, auditors, and internal stakeholders.

Requirements

• Bachelor’s degree in business, finance, or related field; equivalent experience considered
• 8–10+ years of progressive experience in banking compliance, deposit operations, or branch administration
• Extensive knowledge of state and federal deposit regulations, including consumer protection, disclosures, payments, BSA/AML, and OFAC requirements
• Demonstrated ability to interpret complex regulatory guidance and translate it into actionable policy and controls
• Proven experience advising senior leadership, regulatory agencies, and auditors
• Strong written and verbal communication skills with the ability to convey technical concepts to diverse audiences
• Proficiency in Microsoft Office and compliance monitoring systems

Responsibilities

• Own and oversee the Bank’s deposit compliance program, including risk assessments, monitoring, and issue remediation
• Partner closely with Branch Administration and deposit operations teams to advise on regulatory applicability and implementation
• Develop, revise, and maintain deposit-related policies and procedures within the Compliance Policy Manual
• Integrate compliance controls, testing, and monitoring into business unit workflows to promote operational efficiency and regulatory adherence
• Drive compliance change management efforts related to new products, services, or changes to existing deposit offerings
• Interpret and disseminate new and revised deposit regulations, ensuring timely and effective implementation
• Monitor compliance exceptions, violations, and trends, providing reporting and analysis to Senior Management and the Compliance Committee
• Serve as the subject matter expert on deposit compliance matters, providing guidance across the organization
• Facilitate regulatory examinations and audits related to deposit compliance
• Act as liaison with federal and state regulators on matters of interpretation, examination, and remediation
• Provide ongoing advisory support to business units regarding deposit compliance risk and regulatory interpretation
• Develop and deliver formal compliance training programs to applicable Bank personnel
• Review and approve customer agreements, disclosures, forms, and marketing materials for regulatory compliance
• Participate actively in the Compliance Committee, Red Flags Committee, and other governance forums as needed
• Collaborate with internal stakeholders to foster a strong, proactive compliance culture
• Maintain relevant certifications and professional credentials
• Stay current on emerging regulatory trends, enforcement activity, and industry best practices
• Attend industry conferences, webinars, and training sessions to enhance expertise and strengthen the Bank’s compliance program

Benefits

• Great work-life balance, with a Monday-Friday schedule
• Competitive pay and benefits, including medical, dental and vision plans
• 401(k) plan and match up to 5 percent in our employee stock ownership program (eligibility requirements must be met)
• 12 paid bank holidays + paid time off, including paid parental leave
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values

What This Job Offers

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