Compliance Testing Manager

Vast Bank•Tulsa, OK

59d•Onsite

About The Position

Vast Bank is looking to hire a Compliance Testing Manager! About Vast Bank Since February of 1982, we've been a financial institution that has served customers in Northeast Oklahoma and beyond. Our deep roots in the community and commitment to personal service have enabled us to grow alongside our customers, creating conveniences and solutions to fit unique problems and lifestyles. For over 40 years, we've built a legacy on personal service, flexibility, strength, and integrity. Now, with bold leadership and a renewed commitment to customer-centricity, we're aiming higher for the next 40 years. New ideas, strong partnerships, and modern technology will accompany a winning culture to deliver more control and a surprisingly easy banking experience. We're a company that believes in taking care of the people who make working here possible. In addition to competitive compensation, we offer a leading employee benefit package:

Requirements

Minimum 5+ years of experience in compliance testing, audit, or risk management within the financial services industry.
Bachelor’s degree in Business, Finance, or related field (advanced degree or certifications preferred).
A significant level of trust and diplomacy is required to be an effective in the position. In-depth research, dialogues, conversations and explanations with internal stakeholders is a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating and/or advising others on significant risk and compliance related topics.
Strong communication skills and ability to develop collaborative working relationships and to promote cooperation and compromise among various departments.
Display the ability to research and comprehend a high level of knowledge in current and developing regulations.
Strong analytical and conceptual thinking skills, with the ability to solve problems and make decisions using data.
Knowledge of audit processes and compliance with required reporting.
Ability to quickly adapt to changing environments, processes, and technologies. Technological ability and willingness to work remotely from home as required.
Display a commitment to continuous learning and professional development in regulatory and technology trends and advancements such as but not limited to the use of AI, BaaS, blockchain and digital currencies, etc.
Strong organizational skills.
Ability to maintain composure under pressure or adverse circumstances, using effective strategies for managing personal stress.
Maintain effective relationships at all levels by fostering a positive work environment, demonstrating emotional control, and exhibiting courteous, respectful, and professional behavior.

Responsibilities

Maintain a deep understanding of applicable federal and state laws, regulations, and regulatory guidance.
Serve as a subject matter expert and resource for compliance testing standards and best practices.
Lead the development, implementation, and maintenance of comprehensive compliance test scripts aligned with the Bank’s Compliance Risk Assessment and corporate risk appetite.
Ensure timely updates to testing methodologies in response to regulatory changes and supervisory guidance.
Define testing scopes and priorities to address high-risk areas and emerging compliance concerns.
Collaborate with senior compliance leadership to align testing activities with organizational objectives.
Supervise and mentor compliance testing analysts, providing guidance on execution, documentation, and reporting.
Foster strong partnerships with business units, process owners, and data teams to validate information and ensure accurate testing outcomes.
Prepare and present clear, actionable reports and recommendations to senior management and business partners.
Communicate observations, trends, and risk mitigation strategies throughout the testing lifecycle.
Identify opportunities to enhance compliance processes, systems, and controls to minimize risk and improve efficiency.
Support the maintenance of up-to-date compliance policies, standards, procedures, and training materials.
Coordinate document collection and review for internal audits and external examinations (e.g., OCC, VISA).
Respond to compliance inquiries and assist with research and assessments as needed.
Stay informed on regulatory developments through research, professional publications, and participation in industry forums.
Lead or support additional compliance-related initiatives and projects as assigned.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.