Payments Risk Analyst

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 escalate 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 a related field; 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.