Payments Risk Analyst

Job Description

Job Description

First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work.

As a Payments Risk Analyst, you’ll play a key role in protecting the Bank’s payments operations by identifying and mitigating risks related to fraud, AML, and internal processes. You’ll monitor transactions, manage alerts and cases, and collaborate with internal teams and external partners to ensure compliance with regulatory requirements and alignment with the Bank’s risk appetite. You’ll also support Kotapay’s Third Party Risk Management (TPRM) program through due diligence, ongoing monitoring, and periodic risk assessments of external vendors.

This is an in-office position.

Key Responsibilities :

Payments Risk (Fraud / AML) :

• Complies with and stay current on all relevant policies, procedures, and regulatory requirements.
• Monitor and analyze payment activity to identify unusual or suspicious transactions, decisions alerts and cases within established SLAs.
• Escalate suspicious activity per Kotapay procedures and regulatory guidelines.
• Support optimization of the automated AML platform by testing, making suggestions for refining rules, and improving workflows.
• Use data analytics to identify emerging fraud and AML risks; recommend new rules and mitigation strategies.
• Assist in developing and maintaining desktop procedures for Payments Risk processes.
• Conduct post-launch regression testing on new products to validate program parameters, transaction limits and risk controls.
• Interview customers to understand account behavior and support investigations.
• Contribute to special projects, critical casework, and other assigned duties.

Third Party Risk Management (TPRM) :

Qualifications :

Competencies :

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

We show our employees we care by providing competitive benefits and training and growth opportunities. Here are the things we offer within our full-time benefits package :

If you are interested in learning more, you can apply or if you have questions before applying you can reach out directly at TalentAcquisition@FIBT.com.

Equal Opportunity Employer