Stephen L. Willden Email & Phone Number

Salt Lake City, Ut, Us

Salt Lake City, Ut, Us

•Direct the execution of a comprehensive second-line of defense program for business units engaging in wealth management and institutional services, which manages over $100 billion in off-balance sheet assets and over $1 trillion in annual transactional volume. Business units supported include personal and corporate trust, broker dealers, RIAs, investment banking, public finance, insurance agencies, foreign exchange, municipal advisors, and others. •Provide oversight for the second line of… Show more •Direct the execution of a comprehensive second-line of defense program for business units engaging in wealth management and institutional services, which manages over $100 billion in off-balance sheet assets and over $1 trillion in annual transactional volume. Business units supported include personal and corporate trust, broker dealers, RIAs, investment banking, public finance, insurance agencies, foreign exchange, municipal advisors, and others. •Provide oversight for the second line of defense enterprise-wide programs for interest rate and liquidity risk management.•Responsible for oversight of the Bank’s Retail Sales of Non-Deposit Investment Product, Reg R, and Reg W risk and compliance programs. •Serve on the Board of Directors for the Bank’s Broker-Dealer financial subsidiary, the Bank’s Trust Committee, and on various key senior and executive business line committees.•Manage ongoing relationships and exams with key regulatory contacts including the OCC, SEC, and FINRA. Show less

•Developed and implemented various centralized compliance and risk programs (e.g., testing, regulatory change monitoring) enabling the team to support additional business units, improve the quality of second-line of defense monitoring, and provide opportunity for staff development with reduced FTEs. •Developed consolidated risk and compliance reporting provided to senior management, executive management, Board of Directors, and regulatory agencies.•Assisted in the establishment of… Show more •Developed and implemented various centralized compliance and risk programs (e.g., testing, regulatory change monitoring) enabling the team to support additional business units, improve the quality of second-line of defense monitoring, and provide opportunity for staff development with reduced FTEs. •Developed consolidated risk and compliance reporting provided to senior management, executive management, Board of Directors, and regulatory agencies.•Assisted in the establishment of enterprise-wide liquidity, interest rate, and market risk programs and risk assessments. Show less

Salt Lake City, Utah

•Developed and implemented a comprehensive risk program for personal wealth and institutional activities. The implementation of this program was identified by regulatory agencies as the number one improvement to the enterprise risk management framework. •Developed monthly quantitative (e.g., KRIs) and qualitative mechanisms such as to assess and validate effective risk management practices. •Developed and implemented a compliance and risk program meeting the Volcker Rule requirements… Show more •Developed and implemented a comprehensive risk program for personal wealth and institutional activities. The implementation of this program was identified by regulatory agencies as the number one improvement to the enterprise risk management framework. •Developed monthly quantitative (e.g., KRIs) and qualitative mechanisms such as to assess and validate effective risk management practices. •Developed and implemented a compliance and risk program meeting the Volcker Rule requirements. •Developed a control framework necessary to address regulatory concerns and requirements for stress testing and CCAR submissions contributing to the organization passing both quantitatively and qualitatively. •Directly supported Model Risk Management in validating key models and calculators. Show less

Greater Salt Lake City Area

•Functioned as the Wealth Management and Human Resource Risk Officer, and the subject matter expert for accounting, Sarbanes-Oxley, control standardization efforts, and data analysis.•Responsible for ensuring risk oversight and compliance with Federal Reserve requirements for incentive compensation including leading working groups responsible for identifying and reviewing covered employees and at-risk incentive compensation plans. •Managed multiple control standardization efforts, which… Show more •Functioned as the Wealth Management and Human Resource Risk Officer, and the subject matter expert for accounting, Sarbanes-Oxley, control standardization efforts, and data analysis.•Responsible for ensuring risk oversight and compliance with Federal Reserve requirements for incentive compensation including leading working groups responsible for identifying and reviewing covered employees and at-risk incentive compensation plans. •Managed multiple control standardization efforts, which let consistency and reduction in duplication of efforts across various business lines. Show less

Salt Lake City, Utah

•Implemented modifications to the audit plan to focus efforts and resources on more effective and efficient audit strategies saving the organization hundreds of hours. •Implemented, maintained, designed, and enhanced company auditing standards through the standardization of various testing procedures and utilization of technology in auditing techniques.

Saratoga Springs, Utah

•Elected for multiple terms | Terms 2014 - 2017, 2018 - 2021, 2022 - 2025•Assess existing ordinances and policies, develop new ordinances and polices to effectively and responsibly govern city affairs, direct annual city budget with consolidated net revenues in excess of $20 million annually.

Saratoga Springs, Utah

•Review, analyze, and approve the use of HOA funds, which has an annual operating budget approximating $500,000 and serves more than 1,300 homes.

Saratoga Springs, Utah

•Provided analysis and present recommendations to the City Council regarding city financial decisions and budgeting.

Phoenix, Arizona

•Taught an introductory accounting course for 20 to 25 students.

Midvale, Utah

•Oversaw the production and accuracy of monthly, quarterly, and annual financial statements.•Created monthly and annual cash flow projections. •Provided technical support for financial and inventory tracking databases and network servers.