What are the responsibilities and job description for the SVP & Chief Information Officer (CIO) position at Bank of Utah?
I am Justin Nalder, Chief Strategy & Innovation Officer 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 seeking an innovative and experienced Chief Information Officer (CIO) to lead our financial services organization’s IT strategy and operations. The CIO will be responsible for driving technological innovation, ensuring data security, and optimizing information systems to support business goals. The ideal candidate will possess a strong blend of leadership and strategic thinking skills paired with deep technical expertise, and with an orientation to driving immediate, sustained business impacts through varied technologies.
Job Qualifications:
- Bachelor’s degree in Information Technology, Computer Science, or related field (advanced degree preferred).
- Minimum of 10 years of experience in IT leadership, with at least 5 years in a senior leadership role.
- Proven experience in the financial services industry with preference for individuals with experience operating in (1) hybrid on-premises and cloud infrastructure environments and (2) hybrid and virtualized end user operating environments.
- Strong understanding of information security principles and practices.
- Excellent leadership, communication, and interpersonal skills.
- Strategic thinker with the ability to align IT goals with business objectives.
- Experience with IT budgeting and financial management.
- Ability to manage multiple projects and priorities in a fast-paced environment.
- Familiarity with regulatory requirements and compliance standards in the banking industry.
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, plus opportunities to participate in our employee stock ownership program (eligibility requirements must be met)
- 12 paid bank holidays paid time off
- 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
Key Responsibilities:
- IT Strategy Development: Develop and implement a comprehensive IT strategy aligned with the organization’s goals and objectives. Lead digital adoption, implement leading-edge technologies, and champion contemporary IT operations that streamline Bank operations, personalize customer experiences, and enable revenue and profit growth.
- Technology Leadership: Lead the IT department, providing direction and mentorship to IT staff, and fostering a culture of innovation and continuous improvement.
- Data Security: Build robust defenses, implement industry-best practices, invest in advanced security solutions, and conduct regular vulnerability assessments.
- System Management: Design the Bank’s IT infrastructure, choose the right technology stack to enable business and user operations, migrate to cloud platforms as appropriate to maximize the efficiency, effectiveness, and security of Bank operations, and integrate disparate systems seamlessly.
- Vendor Management: Manage relationships with external IT vendors and service providers. Negotiate contracts and service agreements.
- Budget Oversight: Develop and manage the IT budget, ensuring cost-effective solutions and resource allocation.
- Project Management: Lead and oversee IT projects, ensuring timely delivery and alignment with business objectives.
- Compliance: Ensure compliance with Bank, industry, and regulatory rules, standards, and practices.
- Collaboration: Collaborate with other departments to identify and implement technology solutions that improve operational efficiency and customer experience.
- Innovation: Maintain awareness of the latest technologies and trends in the financial services industry and identify opportunities for innovation and the digital transformation of analog business practices.