AVP Deposit Compliance

Thanks for your interest in applying to the Bank of Utah. My name is Danielle Wissmar, and I work as VP Compliance Manager. As an introduction to our company, the Bank of Utah was founded in 1952, and is one of Utah’s largest privately owned community banks. We were named Nasdaq’s Best Bank in Utah for 2025 and a Top 100 Fastest Growing Company.

We strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come.

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.

• 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

• 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

• Program Oversight & Strategic Execution
• 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
• Regulatory Leadership
• 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
• Advisory, Training & Governance
• 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
• Professional Development
• 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