Vast Bank

Role Description The Financial Crime Governance and Risk Lead is responsible for the management and delivery of Financial Crime policies, risk assessment methodologies and outputs, anti-money laundering (AML)/countering the financing of terrorism (CFT) transaction monitoring strategy, fraud monitoring strategy, customer risk rating methodology, and Financial Crime systems and data oversight. This role provides leadership across these areas to ensure a robust risk management program is implemented at the Bank to manage sanctions, fraud, and AML/CFT risks. The Lead will partner with the Financial Crime team, Information Security, Payments, Operations, Digital Banking, Risk, and business-line teams to deliver a comprehensive approach and documentation in managing these Financial Crime risks. This role will be critical in establishing and maintaining the Financial Crime program’s governance and risk processes through the launch and scaling of Tokenized Deposits. Qualifications - 10+ years of experience in financial crimes, fraud prevention, or related governance and risk roles within a financial institution. - Strong understanding of Financial Crime risk assessment frameworks. - Strong understanding of AML/CFT transaction monitoring frameworks. - Strong understanding of payment systems (ACH, wires, checks, cards, RTP), fraud typologies, and digital-banking risk. - Working knowledge of regulatory requirements including Reg E, OFAC, BSA/AML, and Fair Access Banking principles. - Bachelor’s degree in Business, Finance, Criminal Justice, or related field; or equivalent work experience. Requirements - Maintains the Bank’s Financial Crime policies, ensuring updates as needed. - Leads the Bank’s annual and ongoing Financial Crime risk assessments, including AML/CFT, Sanctions, and Fraud. - Develop and maintain the Bank’s AML/CFT and Fraud monitoring approach to ensure coverage is requisite to its risk profile. - Tracks Financial Crime industry trends, regulatory changes, and threat intelligence to inform risk mitigation strategies. - Continuously enhances Financial Crime risk management efforts, identifying opportunities to reduce risk while supporting compliant and fair customer access to banking services. - Aids in the delivery of training and guidance to staff, management, and cross-functional teams on Financial Crime risks, typology examples, policy applicability, and mitigation tools/approaches. - Prepares clear and timely fraud trend analyses, fraud dashboards, and loss reports for clear fraud oversight. - Supports in the operational delivery of the Financial Crime program as needed. - Ensure team members are delivering outcomes in line with the Bank’s policies and procedures. - Supports Fair Access Banking by ensuring controls and decisioning align with nondiscriminatory practices, consumer protection laws, and equitable access principles. Benefits - Comprehensive benefits package & 401(k) match - Professional development - opportunities for advancement! - Tuition assistance - Transit reimbursement - Paid time off - & more!

Role Description The Financial Crime Governance and Strategy role is responsible for supporting the management and delivery of Financial Crime policies, risk assessment methodologies and outputs, anti-money laundering (AML)/countering the financing of terrorism (CFT) transaction monitoring strategy, fraud monitoring strategy, customer risk rating methodology, and Financial Crime systems and data oversight. This role provides execution support across these areas to ensure a robust risk management program is effective at the Bank to manage sanctions, fraud, and AML/CFT risks. This role will partner with the Financial Crime team, Information Security, Payments, Operations, Digital Banking, Risk, and business-line teams to deliver the necessary assessments and documentation to support managing these Financial Crime risks. This role will be critical in establishing and maintaining the Financial Crime program’s governance and risk processes through the launch and scaling of Tokenized Deposits. Qualifications - 7+ years of experience in financial crimes, fraud prevention, or related governance and risk roles within a financial institution. - Strong understanding of Financial Crime risk assessment frameworks. - Strong understanding of AML/CFT transaction monitoring frameworks. - Working knowledge of fraud typologies and monitoring approaches within financial institutions. - Working knowledge of regulatory requirements including Reg E, OFAC, BSA/AML, and Fair Access Banking principles. - Bachelor’s degree in Business, Finance, Criminal Justice, or related field; or equivalent work experience. Requirements - Supports the maintenance of the Bank’s Financial Crime policies, ensuring updates as needed. - Assists in executing the Bank’s annual and ongoing Financial Crime risk assessments, including AML/CFT, Sanctions, and Fraud. - Support in delivering the Bank’s AML/CFT and Fraud monitoring approach to ensure coverage is requisite to its risk profile. - Tracks Financial Crime industry trends, regulatory changes, and threat intelligence to inform risk mitigation strategies. - Continuously enhances Financial Crime risk management efforts, identifying opportunities to reduce risk while supporting compliant and fair customer access to banking services. - Aids in the delivery of training and guidance to staff, management, and cross-functional teams on Financial Crime risks, typology examples, policy applicability, and mitigation tools/approaches. - Assist in preparing clear and timely fraud trend analyses, fraud dashboards, and loss reports for clear fraud oversight. - Aid in the operational delivery of the Financial Crime program as needed. - Supports Fair Access Banking by ensuring controls and decisioning align with nondiscriminatory practices, consumer protection laws, and equitable access principles. Benefits - Comprehensive benefits package & 401(k) match - Professional development - opportunities for advancement! - Tuition assistance - Transit reimbursement - Paid time off - & more!

Role Description The Financial Crime Controls and Testing role is responsible for supporting the delivery of the Bank’s Financial Crime Quality Assurance (QA) and Quality Control (QC) program, controls testing and oversight, procedure management, and issues management. The role supports these processes across the Financial Crime program, including anti-money laundering (AML)/countering the financing of terrorism (CFT), sanctions, and fraud. This role provides independent, ongoing monitoring to ensure regulatory compliance, internal policy adherence, data integrity, and adequacy, effectiveness, and efficiency of internal controls. The role partners closely with the Financial Crime team, Compliance, Operations, and business line leaders to identify gaps, recommend corrective actions, and support continuous improvement of the Bank’s financial crimes risk management framework. Major Duties and Responsibilities - Support the design, maintenance, and execution of a comprehensive Financial Crime QA/QC framework. - Perform quality assurance reviews of Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering, Fraud Prevention, OFAC, Customer Identification Program, and Customer Due Diligence compliance for the Bank and its third-party partners, as applicable. - Recommend process and control improvements based on QA findings, regulatory guidance, and industry best practices. - Conduct root-cause analysis to identify systemic issues or procedural weaknesses. - Assist in the design, maintenance, and execution of a Financial Crime control framework and testing plan. - Aid in delivering a strong issues management program which will help in identifying potential gaps/opportunities, as well as addressing issues with a robust and timely action plan. - Validate adherence to internal policies, regulatory requirements, and procedural guidelines. - Support Fair Access Banking by ensuring controls and decisioning align with nondiscriminatory practices, consumer protection laws, and equitable access principles. - Maintain strong working knowledge of applicable regulations including BSA/AML, USA Patriot Act, OFAC, FFIEC BSA/AML Examination Manual, fraud risk management expectations. - Assist in validating model and system settings related to AML and fraud monitoring tools. - 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. Qualifications - 5+ years of experience in BSA/AML, fraud, risk, controls, or QA within a banking or financial services environment. - Strong understanding of Financial Crime risk assessment frameworks. - Familiarity with Fair Access Banking principles, consumer protection laws, and regulatory expectations. - Strong analytical skills with experience reviewing complex monitoring alerts, investigations, and transactions. - Bachelor’s degree in Finance, Accounting, Business, Risk Management, or related field; or equivalent work experience. 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. - Strong communication skills to develop good working relationships and to promote cooperation and compromise among various departments. - Ability to quickly adapt to changing environments, processes, and technologies. - 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 - Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 25 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 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. - 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 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. Benefits - Comprehensive benefits package & 401(k) match - Professional development - opportunities for advancement! - Tuition assistance - Transit reimbursement - Paid time off - & more!