Business Analyst, Tokenized Deposits

Job Details Job Location: Elgin Corporate Headquarters - Tulsa, OK 74120 Position Type: Full Time Vast Bank is looking to hire a Business Analyst, Tokenized Deposits! About Vast Bank 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 and more! Qualifications Summary The Business Analyst, Tokenized Deposits serves as a dedicated resource supporting the Bank’s digital asset and tokenized deposit initiatives. This role acts as a key liaison between product, technology, operations, risk, and compliance teams to support the development, implementation, and ongoing enhancement of tokenized deposit products and related infrastructure. This position is responsible for analyzing business processes, defining requirements, and supporting initiatives that enable secure, compliant, and scalable tokenized deposit solutions. The Business Analyst will play a critical role in advancing the Bank’s asset strategy by ensuring alignment between business objectives, regulatory expectations, and technical execution. Major Duties and Responsibilities Analyze and document workflows related to tokenized deposits, including issuance, transfer, redemption, custody, and reconciliation processes. Support the development and execution of the Bank’s tokenized deposit asset initiative by identifying process gaps, risks, and opportunities for improvements. Partner with digital assets, treasury, operations, and compliance teams to align business processes with blockchain-enabled solutions. Assist in defining product requirements, user stories, and functional specifications for tokenized deposit platforms. Serve as a liaison between business stakeholders and technical teams to translate business needs into system and technical requirements. Support system implementations, integrations, and enhancements related to tokenized deposits and digital asset infrastructure. Participate in user acceptance testing (UAT), system validation, and quality assurance for digital asset initiatives. Develop and maintain reporting and dashboards related to: Tokenized deposit volumes and activity Liquidity and settlement tracking Operational performance and transaction metrics Ensure data accuracy, integrity, and traceability across digital asset systems and reporting tools. Assist with developing policies, procedures, and controls to support tokenized deposit operations and compliance requirements. Work closely with Risk, Legal, and Compliance teams to ensure alignment with evolving regulatory frameworks for digital assets. Support internal audit, regulatory inquiries, and documentation related to the tokenized deposit initiative. Support documentation and reporting required for credit administration, internal audit, and regulatory examinations. Participate in cross-functional projects supporting digital asset strategy, innovation, and operational scalability. Assist leadership in evaluating business impacts, risks, and opportunities associated with tokenized deposit products. 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 3–6+ years of experience in business analysis, banking operations, financial services, or technology-related roles. Familiarity with digital assets, blockchain technology, or tokenization concepts preferred (e.g., stablecoins, tokenized deposits, distributed ledger technology). Experience working on cross‑functional initiatives involving product, technology, operations, and/or risk teams. Exposure to system implementations, integrations, or digital transformation initiatives within a financial institution is preferred. Understanding of banking operations, payments, treasury functions, or deposit products is a plus. Ability to analyze data, identify trends, and support reporting needs for business and operational performance. Familiarity with regulatory and compliance considerations within banking or financial services is preferred. Education / Certifications / Licence Bachelor’s Degree in Finance, Business Management, Information Systems, Banking or related field. 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 matters 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 relationships at all levels by proactively participating in 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. 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 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. #J-18808-Ljbffr