Fraud & AML Risk Systems Analyst

German American Bank; Jasper (IN); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical benefits

Paid time off

Educational assistance

Wellness benefits

Life event coverage

Parental leave

Service awards

401(k) match

Discounts

Free checking

Job summary

German American Bank is seeking a Risk Systems Analyst to help design, monitor, and govern AML and fraud detection systems across banking channels. You will work with Risk Management, Compliance, IT, and Fraud Operations to strengthen controls and improve detection accuracy.

You'll monitor transaction patterns, fine-tune rules, develop reports and dashboards, and support audits and regulatory reviews while coordinating with vendors for system upgrades and testing.

Qualifications

• Bachelor's degree in business, finance, or related field, or equivalent experience.
• 2-4 years in banking, fraud operations, risk management, or related financial services function.
• Working knowledge of AML/CFT and fraud detection systems.
• Understanding of common banking fraud typologies (card, ACH, wire, etc.).
• Strong analytical skills to interpret data, outputs, and trends.
• Experience with reporting tools and dashboards; vendor/application support.
• Clear communication with technical and non-technical stakeholders.

Responsibilities

• Monitor fraud and AML/CFT detection systems and analyze alert activity.
• Review trends in debit, ACH, wire, and online banking activity.
• Collaborate with Technology and Application Support to troubleshoot issues and fine-tune detections.
• Develop reports and dashboards; support audits and regulatory reviews.
• Coordinate model validation activities and data quality validation.

Skills

Fraud detection

AML/CFT knowledge

Risk management

Systems analysis

Data analytics

Excel proficiency

Reporting dashboards

Stakeholder communication

Education

Bachelor's degree or equivalent

Tools

Case management platforms

Transaction monitoring tools

Digital banking systems

Core banking systems

Job description

German American Bank is seeking a Risk Systems Analyst to help design, monitor, and govern AML and fraud detection systems across banking channels. You will work with Risk Management, Compliance, IT, and Fraud Operations to strengthen controls and improve detection accuracy.

You'll monitor transaction patterns, fine-tune rules, develop reports and dashboards, and support audits and regulatory reviews while coordinating with vendors for system upgrades and testing.