Preheat oven to 350°F degrees. Combine dry ingredients in a large bowl. Set aside.
Cream butter using the paddle attachment on your mixer approximately 30 seconds until light and fluffy. Add brown sugar and beat on medium speed until light, fluffy, and well mixed. Beat in eggs one at a time, scraping down the bowl between additions. Add vanilla and beat again until well-combined.
Stir the dry mixture into the brown sugar and butter mixture working in batches to give the dry ingredients time to absorb and incorporate.
Grease an 18×13″ or 15×10″ sheet pan. Use your hands to firmly press approximately 2/3 of the oatmeal mixture into an even layer at the bottom of the pan, making sure to get into all four corners. Set aside.
In a small, heavy-bottomed saucepan over medium-low heat, stir together sweetened condensed milk, chocolate chips, salt, and butter. Continue stirring until there are no lumps left and the chocolate is shiny and smooth. Adjust the burner as needed and stir frequently to prevent the chocolate from burning.
Remove the smooth chocolate mixture from the heat and stir in the walnuts and vanilla.
Pour the chocolate mixture across the surface of the oatmeal layer, using a spatula to gently push it outwards and into all the corners right to the edge of the sheet pan.
Use your hands to tear, crumble, and pinch the remaining 1/3 of the oatmeal dough, dropping it in chunks across the chocolate fudge. Try to get some variety in size between your oatmeal chunks.
Bake in 350F oven for 25-30 minutes until lightly golden brown on top. The chocolate fudge will likely still look a little molten.
Let the tray cool almost completely on a wire rack before cutting into diamonds. To get the diamond shape: cut 5-7 straight lines lengthwise down the sheet tray, then cut across those lines in a diagonal, starting with a corner-to-corner cut to make it easier to replicate the correct angle as you make the rest of your cuts. The diagonal cuts should be about 2″ apart.
The bars can be a bit tricky and stubborn to remove from the pan. I recommend starting with the odd-shaped edge pieces and then working your way toward the center.