Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field; MBA, CFA, or CPA preferred.
10+ years of experience in corporate treasury, capital management, regulatory policy, or financial planning in a banking environment.
Strong knowledge of regulatory capital frameworks, RWA calculations, and US banking regulations.
Proficient in financial forecasting, capital structure optimization, and asset portfolio analytics.
Extensive experience in developing and governing capital policies and frameworks.
In-depth understanding of market trends and economic indicators to identify risks and opportunities.
Leadership experience with direct or matrix management and influence over stakeholders.
Responsibilities
Lead the creation and management of capital policies and frameworks.
Establish and maintain policy guidelines for investments, loans, deposits, and asset management.
Ensure capital management activities comply with financial regulations.
Formulate capital allocation methodologies across various customer segments.
Coordinate with Corporate Development to enhance performance management frameworks.
Optimize the balance sheet and Risk-Weighted Assets (RWA) for capital efficiency.
Oversee capital planning and forecasting with modeling teams.
Mentor multi-disciplinary teams on enterprise-wide capital projects.
Deliver strategic evaluations and presentations on capital positions to Senior Executive Leadership.
Serve as a subject matter expert for regulatory examiners and Internal Audit.
Benefits
Access to an employee-only fitness center and bike storage.
Employee lounge with kitchen, micro market, and recreational facilities.
Private mothers' rooms and lockers available.
Proximity to downtown shopping, dining, arts, and entertainment.
Convenient access to public transportation and electric vehicle charging stations.
Full Job Description
Role Summary
Zions Bancorporation is seeking a Director of Capital Policy to join our Strategic Finance team. This individual will be responsible for the core policies that govern the company's capital, ensuring that all asset management activities comply with evolving regulatory standards while proactively driving capital allocation strategies. The Director will work with Treasury, Strategic Finance and other stakeholders to bridge regulatory requirements and strategic execution with a focus on improving shareholder value and risk adjusted returns.
Key Responsibilities
Lead the strategic oversight, creation, and ongoing management of the company's capital policies, frameworks, and related initiatives.
Establish, update, and maintain comprehensive policy guidelines governing the company's capital. Create and maintain capital policies for critical portfolios including investments, loans, deposits and asset management.
Ensure all capital management activities align with changing financial regulations (including OCC, Federal Reserve, and FDIC expectations).
Formulate and manage capital allocation methodologies across the company's customer segments and business lines (Consumer, Small Business, Commercial, Wealth Management, Capital Markets).
Coordinate with the Director of Corporate Development & Strategic Finance to improve current performance management frameworks leveraging Shareholder Value Added (SVA) metrics.
Lead initiatives to optimize the balance sheet and reported Risk-Weighted Assets (RWA), allowing for improved efficiency in the deployment of capital the company's base capital.
Partner with the company's modeling teams to oversee capital planning, forecasting, and scenario modeling under baseline and adverse conditions.
Direct, mentor, and guide multi-disciplinary teams responsible for implementing enterprise-wide capital projects, and policy enhancements.
Deliver quarterly reporting, strategic evaluations, and presentations on capital positions, project progress, and optimization outcomes to Senior Executive Leadership. Prepare capital adequacy and dividend/share repurchase request for the Board.
Partner with Treasury, Enterprise Risk Management (ERM), business segment executives, and Strategic Finance to ensure capital policy and risk appetite are integrated into the annual budgeting and multi-year strategic planning processes.
Serve as a subject matter expert and point of contact for regulatory examiners, Internal Audit, and model risk validation teams regarding capital policy, and capital adequacy controls.
Qualifications
Education & Experience
Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field. An MBA, CFA, or CPA is highly preferred.
10+ years of progressive experience in corporate treasury, capital management, regulatory policy, or financial planning within a regional or large bank.
Strong, demonstrable working knowledge of regulatory capital frameworks, RWA calculations, and US banking regulations.
Highly proficient in financial forecasting, capital structure optimization, and asset portfolio analytics.
Requires an extensive in-depth knowledge of developing, maintaining, and governing capital policies, frameworks, or standards with strategic oversite and operational management.
Extensive knowledge of market trends including the ability to track capital markets, economic indicators, and industry developments to identify risks and opportunities.
Leadership experience including direct or matrix management and influence over enterprise stakeholders.
Exceptional communication skills with the ability to translate complex quantitative, regulatory, and capital concepts into clear, actionable strategies.
Location
This position is fully in office (5 days a week) at the Zions Bancorporation Main Office - 1 South Main Street, Salt Lake City, UT 84133.
Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City's central business district, providing hundreds of team members with an exceptional work environment and features such as:
Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;
An employee-only fitness center and bike storage;
An employee lounge, kitchen, micro market, game tables, couches and TVs;
Private mothers' rooms and lockers; and
Access to downtown shopping, dining, arts and entertainment.
About Zions Bancorporation
Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah. It is the parent company of Zions Bank, which operates in 11 Western and Southwestern states. Zions Bancorporation provides banking and related services through its subsidiaries and offers a variety of commercial, retail banking, and mortgage lending products. The company was founded in 1873 and has grown through a series of mergers and acquisitions. Zions Bancorporation is publicly traded on the NASDAQ stock exchange under the ticker symbol ZION.
