Vast Bank is looking to hire a Compliance Analyst II!

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:

• Comprehensive benefits package & 401(k) match
• Professional development- opportunities for advancement!
• Tuition assistance
• Transit reimbursement
• Paid time off
• & more!

Summary Of Role

The Compliance Analyst II role will assist the Chief Compliance Officer and wider Risk Management team in developing and maintaining Vast Banks Consumer Compliance Program to ensure that the bank achieves optimum regulatory compliance. Key result areas include: identification, assessment, monitoring and analysis of compliance requirements and related processes and controls.

Major Duties and Responsibilities

• Conducts testing to evaluate the Banks performance for compliance across all areas of the Bank, as identified in the annual risk assessment and testing plan, to determine whether internal controls are operating effectively or if gaps exist. Subsequently collaborates with affected corporate functions and business lines to identify the root cause(s) of issues identified during testing processes and assist in developing and monitoring corrective actions to appropriately respond to testing findings and prevent further occurrences of non-compliance.
• Assists in the periodic review and updating of department Risk Assessments and corresponding analysis and testing protocols.
• Conducts special studies including research and gap analysis to prepare reports for management determining the companys potential exposure to existing or pending compliance regulation and cooperates with the appropriate staff in developing an effective response to the compliance requirements.
• Assist in responding to corporate functions and business unit inquiries regarding regulatory topics, customer complaints and other inquiries including monitoring for potential violations and training opportunities.
• Assists in the coordination and data gathering related to external audit and regulatory examination activities.
• Monitor various compliance surveillance and exception reports. Conduct periodic internal account/customer reviews to identify potentially suspicious activity. Completely and accurately document steps taken through the investigation process.
• Assists in the creation and administration of enterprise wide training initiatives. Including developing training materials for compliance-related policies, procedures and regulatory guidance.
• Assists administration and other Bank personnel on department business to coordinate inter and intradepartmental activities; resolves inquiries or issues relating to BSA/Compliance matters; participates in various internal committees as assigned.
• Review and critically assess current reporting systems in order to determine recommendations for maximum optimization.
• Assist in the general administrative and reporting tasks of the department as assigned. Including various system administration, conducting periodic assessment of third-party service providers, and updating of various workflow tracking the progress of department efforts.
• Makes updates to department procedures as necessary to align with current policy, industry guidance and use of external third-parties.
• 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.

Knowledge & Skills

Experience

Minimum 5 years of banking experience, with direct involvement to Compliance and Risk Management functions preferred.

Education/Certifications/Licenses

Bachelors Degree in business management./finance or equivalent.

Interpersonal Skills

A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating and/or advising others on of significance.

Role Important Behavioral Skills

• Strong communication skills to develop good 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.
• Ability to develop and maintain effective working relationship at all levels by proactively participating and contributing to a positive work environment, controlling emotions and temperament, and exhibiting courteous, respectful, and professional behavior.
• 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.
• Display knowledge of current industry-specific software and ability to apply new technologies to improves business processes and enhance productivity.
• Strong organizational skills.
• Ability to maintain composure under pressure or adverse circumstances, using effective strategies for managing personal stress.
• Ability to maintain personal and work direction when faced with ambiguity.

ADA Requirements

Physical Requirements

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable, and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising the highest level of discretion on both internal and external confidential matters.

EEO Statement
It is the policy of Vast Bank to afford equal opportunity in all phases of employment without regard to an individuals race, color, creed, religion, gender, national origin, age, disability, marital status, ancestry, sexual orientation, unfavorable military discharge for qualified individuals with disabilities, and for qualified disabled veterans and veterans of the Vietnam era, to the extent required by applicable local, state and federal law.