I am Branden Hansen, President at the Bank of Utah. Founded in 1952, Bank of Utah is one of Utah's largest, privately owned community banks. Nasdaq ranked us Best Bank in Utah for 2025! Here 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.

We are currently looking for a EVP Chief Financial Officer to work at 2605 Washington Blvd. Ogden, UT. The CFO is responsible for directing the financial functions for the Bank in accordance with generally accepted accounting principles as issued by FASB, AICPA, and other regulatory and advisory organizations; and in accordance with financial management techniques and practices appropriate within the Banking Industry. Has broad responsibility for the Bank’s operating results. Presents, and interprets financial reports to management, directors, shareholders, and governmental agencies. Counsels management on fiscal control and profitability. Develops and prescribes adequate financial procedures to provide the basis for management decisions and control. Oversees the Bank’s accounting system. Leads the Asset/Liability Management Committee and participates in all other senior management and executive management committees.

Qualifications

An experienced leader and financial executive with industry experience in the Banking field.
An energetic, forward-thinking and creative individual with high ethical standards and an appropriate professional image.
A strategic visionary with sound technical skills, analytical ability, good judgment and strong operational focus.
A well organized and self-directed individual who has "political savvy" and is a team player.
An intelligent and articulate individual who can relate to people at all levels of an organization and possesses excellent communication skills.
A good educator who is trustworthy and willing to share information and serve as a mentor.
An excellent negotiator who is experienced in contracts.
A decisive individual who possesses a "big picture" perspective and is well versed in banking operations.
Masters degree or equivalent; or ten to fifteen years related experience and/or training; or equivalent combination of education and experience, preferably in the Banking Industry.
Ability to read, analyze, and interpret the most complex documents.
Ability to respond effectively to the most sensitive inquiries or complaints.
Ability to make effective and persuasive speeches and presentations on controversial or complex topics to the Board and regulators.

Benefits Of Working With Us

Bank of Utah's comprehensive benefits package includes:

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

Regular Duties And Responsibilities

Market Risk: Oversee the current and future risk to earnings and shareholder equity due to adverse changes in market rates and prices. Market risk includes the review of interest rate risk and monitoring possible changes to the Bank’s net interest income or value of equity due to changes in market rates. Manage the interest rate risk also present in the Bank’s fee based areas. Market risk is also the risk of loss with regards to the Bank’s investment portfolio or assets available for sale—including the residential loan pipeline of locked loans.
Asset/Liability Manager: Oversee the structuring of assets and liabilities to protect the Bank from wide swings in market changes. Own the balance sheet mix to mitigate and offset risk from the disparate lines of business. Manage alternative funding structure and capacity to support growth.. Prepare and account for loan losses. Oversee assets owned through foreclosure or repossession. Oversee the active management and liquidation of ORE assets. Report to executive and senior management teams to ensure alignment on asset/liability management strategies
Investment Portfolio Management: Manage the investments portfolio focusing on the objectives of liquidity, yield, diversification, and helping manage interest rate risk exposure. Establishes return objectives with liquidity considerations while maintaining low exposure to credit risk and short durations. Provide reporting and recommendations to investment committee.
Regulator POC: Be the primary contact for Regulators. Must have knowledge of all areas of the Bank. Have the ability to defend and explain policies and procedures. Respond to audits and regulatory guidance. Perform call report review understanding that the detail review happens when the Bank’s holding company financials are prepared.
Board Presentations: Along with the President, present financial data in Board meetings. Work with Chairman and CEO to determine dividend distributions
Financial Functions, Performance and Budgeting: Plan, develop, organize, implement, direct and evaluate the Bank’s financial function and performance. Handle all outside requests for financial statements or explanation of the Bank’s financial condition. Be able to give detailed clarification to shareholders of the Bank’s state of affairs. Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, and the Board and other senior executives in performing their responsibilities. Provide technical financial advice and knowledge to others within the Bank. Continually improve the budgeting process through education of department managers on financial issues impacting their budgets. Work with senior management in calculating customer profitability models. Understand the accounting standards relevant to the Bank’s activities and ensure compliance. Work with internal and external audit teams to design, test, and execute on internal controls over financial reporting.
Vender management—Correspondent Banks: Ensure Correspondent banks have acceptable credit risk profiles. Oversee counter-party risk with outside vendors. Be an advisor from the financial perspective on any contracts into which the Bank may enter.
Strategic Planning: Participate in the development of the Bank's plans and programs as a strategic partner. Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action. Establish credibility throughout the Bank and with the Board as an effective developer of solutions to business challenges. Provide strategic financial input and leadership on decision making issues affecting the Bank; i.e., evaluation of potential alliances, acquisitions and/or mergers, and Bank investments.
Enforce Policies and Procedures: Enhance and/or develop, implement and enforce policies and procedures of the Bank by way of systems that will improve the overall operation and effectiveness of the Bank.

Bank of Utah

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