Compliance Testing Manager

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:

• Comprehensive benefits package & 401(k) match

• Professional development- opportunities for advancement!

• Tuition assistance

• Transit reimbursement

• Paid time off

• & more!

Summary Of Role

The Compliance Testing Manager is responsible for leading and overseeing compliance testing activities as part of the Bank’s Compliance Management Program. This role ensures adherence to all applicable banking laws, regulations, and supervisory guidance while driving continuous improvement in the Bank’s compliance control environment. The Manager will provide strategic direction, manage testing resources, and partner with business units to mitigate compliance risk.

Major Duties and 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.

Knowledge & Skills

Experience

Minimum 5+ years of experience in compliance testing, audit, or risk management within the financial services industry.

Education/Certifications/Licenses

• Bachelor’s degree in Business, Finance, or related field (advanced degree or certifications preferred).

Interpersonal Skills

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.

Role Important Behavioral Skills

• 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.

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 individual’s 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.