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Risk Analyst

Job in Sioux Falls, Minnehaha County, South Dakota, 57102, USA
Listing for: First International Bank & Trust
Full Time position
Listed on 2026-07-16
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance, Regulatory Compliance Specialist, Banking Operations
Salary/Wage Range or Industry Benchmark: 33 - 45 USD Hourly USD 33.00 45.00 HOUR
Job Description & How to Apply Below
Position: Payments Risk Analyst

Payments Risk Analyst

Department: Kotapay Risk |
Location: Sioux Falls, SD |
Salary Range: $33 - $45 per hour DOE

First International Bank & Trust is seeking a Payments Risk Analyst to help identify, assess, and mitigate risks across our payments environment. This role supports fraud prevention, BSA/AML compliance, and third‑party risk management through transaction monitoring, investigations, data analysis, and vendor oversight.

The ideal candidate is analytical, detail‑oriented, and interested in protecting customers, partners, and the organization from emerging risks.

Key Responsibilities
  • Monitor payment activity and investigate unusual or suspicious transactions.
  • Review alerts, support fraud and AML investigations, and elevate concerns as needed.
  • Analyze transaction data to identify trends, emerging risks, and control improvements.
  • Assist with testing and enhancement of fraud monitoring and AML systems.
  • Support the development of procedures, documentation, and risk reporting.
  • Conduct due diligence and ongoing monitoring of third‑party vendors and payment partners.
  • Assist with third‑party risk assessments and regulatory compliance activities.
  • Participate in special projects and other duties as assigned.
Qualifications
  • Associate degree in Finance, Business Administration, Risk Management, or a related field; experience in payments, fraud prevention, BSA/AML compliance, risk management, banking, fintech, or an equivalent combination of education and experience.
  • Understanding of payment operations, fraud detection, regulatory compliance, or operational risk principles.
  • Strong analytical, investigative, organizational, and problem‑solving skills.
  • Proficiency with Microsoft Office applications, including Excel and Word.
  • Experience with ACH, RTP, payment cards, NACHA rules, fraud monitoring systems, AML platforms, or third‑party risk management practices preferred.

First International Bank & Trust is a family‑owned full‑service Community Bank with locations in ND, MN, SD, and AZ.

Benefits
  • Health, Dental & Vision
  • 401K Retirement Plan with Employer Match
  • Paid Parental Leave
  • Life and Disability Insurance
  • Generous PTO and Holiday pay

Equal Opportunity Employer

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