Lead Data Analyst – Fraud & Compliance

The Bancorp

Sioux Falls (SD)

Hybrid

USD 80,000 - 110,000

Full time

14 days+

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Job summary

The Bancorp in Sioux Falls, SD, is seeking a Data Analyst III for a hybrid role after an initial training period. You will label data, tune alert logic for real-time fraud systems, and build rule-based reporting to support AML/compliance and client programs.

You will bridge business rules, systems design, and risk detection. Required is a bachelor's degree in a quantitative field and 3+ years in fraud/AML analytics, along with strong SQL, Excel, and reporting tools proficiency.

Qualifications

Bachelor's degree in a quantitative field or equivalent work experience.
Minimum 3 years in financial services operations or data analytics, with experience in fraud, AML, or compliance environments.
Strong SQL, Excel, and reporting tool proficiency (e.g., Business Objects, SAS EG, Sigma).
Experience with processor data (Galileo, i2c, FIS, etc.) and financial operations logic (e.g., ACH, prepaid, transaction coding).
Strong understanding of fraud/risk controls, AML monitoring, and banking regulations (e.g., UDAAP, Reg E, BSA).
Ability to work independently, manage complex data pipelines, and deliver business‑ready analytics.
3+ years of hands‑on fraud, AML, or compliance analytics experience.
Experience with alert tuning, rule‑based models, or automated triage workflows.
Knowledge of Snowflake, GPP, Bridger, and Actimize preferred.
Strong documentation, communication, and project collaboration skills.
No travel required.

Responsibilities

Owns data labeling and quality control for internal datasets used across fraud, AML, compliance, and partner analytics.
Creates and manages parameter mapping tools (e.g., Sotera program mapping) to support scalable alerting, spend controls, and exception handling.
Designs, tunes, and monitors alert logic within real‑time fraud systems (Visa, Mastercard, etc.), ensuring thresholds align with compliance and partner agreements.
Builds and maintains rule‑based reporting for internal stakeholders, including FCRM, Financial Ops, Level 1 Testing, Compliance, and Client Services.
Analyzes cardholder and program‑level activity for anomalies and recommends model or rule tuning adjustments to improve detection and reduce false positives.
Leads data labeling, triage, and feedback loop cycles in Sotera for ongoing tuning improvements.
Serves as SME for system data flows related to processor files, Sotera, Snowflake, and other core platforms.
Documents all procedures, processes, logic, and report structures to support reproducibility, audit‑readiness, and knowledge transfer.
Trains and mentors junior analysts in technical skills and process knowledge.
Performs other duties as assigned.