Risk Systems Analyst

German American Bank; Whitehall (OH); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

STD/LTD

Life insurance

PTO & holidays

Educational assistance

Wellness benefits

Parental leave

Stock purchase plan

Job summary

German American Bank is seeking a Risk Systems Analyst to support AML and fraud detection governance, design, monitoring, and optimization across banking channels.

You will partner with Fraud Operations, AML/CFT, Compliance, IT, and business lines to strengthen controls, tune detection rules, and produce reports and dashboards used in audits and regulatory reviews.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• 2–4 years in banking, fraud, risk, or related functions.
• Knowledge of AML/CFT and fraud monitoring systems.
• Understanding of common banking fraud typologies.
• Strong analytical and reporting capabilities.
• Experience with stakeholder communication and documentation.

Responsibilities

• Monitor fraud and AML/CFT detection systems and analyze alert activity.
• Develop reports and dashboards; support audits and regulatory reviews.
• Collaborate with IT, Compliance, Fraud Ops and lines of business to improve detection rules.
• Coordinate model validation activities and data quality reviews.

Skills

AML knowledge

Fraud detection

Data analysis

Stakeholder comms

Excel reporting

Regulatory knowledge

Education

Bachelor's degree

Tools

Case management systems

Transaction monitoring tools

Core banking systems

Job description

Overview

As a Risk Systems Analyst, you’ll help supports the design, monitoring, optimization, and governance of AML and fraud detection systems used to identify, investigate, and prevent suspicious activity across all banking channels. This role is part of the Risk Management team and reports through the Deputy Compliance Officer. You’ll work closely with Fraud Operations, Anti-money Laundering/Countering the Financing of Terrorism (AML/CFT), Compliance, Information Technology, Application Support, Deposit Services, Money Desk, Contact Center, Line of Business leaders and the Business Transformation Office to strengthen fraud controls, streamline processes for fraud detection and recovery, improve detection accuracy, reduce financial losses, and protect customers.

What You'll Do:

Day in the Life -

You’ll spend your day monitoring fraud and AML/CFT detection systems, analyzing transaction patterns and alert activity, and identifying opportunities to improve how we detect and respond to risk. One moment you may be reviewing trends in debit card, ACH, wire, or online banking activity; the next, you could be partnering with Technology or Application Support to troubleshoot a system issue, fine-tune detection rules, or validate a system enhancement. You’ll help develop reports and dashboards, document system changes, and provide analysis that supports audits, regulatory reviews, and ongoing risk management efforts.

You’ll also stay on top of emerging fraud schemes, payment-channel risks, and regulatory changes, using those insights to recommend improvements to fraud detection strategies and system capabilities. Collaboration is a big part of this role/ You’ll partner with teams across the bank to strengthen fraud prevention while also working with vendors on system upgrades, release testing, access reviews, data quality validation, and business continuity planning. As part of maintaining effective monitoring systems, you’ll coordinate model validation activities, including documentation, data validation, control reviews, issue tracking, and remediation follow-up. If you enjoy solving complex problems, using data to drive better decisions, and continuously improving how technology helps protect customers, you’ll thrive in this role.

What it Takes:

• Bachelor’s degree in business, finance, accounting, information systems, data analytics, criminal justice, or a related field, or equivalent combination of education and relevant experience.
• Minimum of 2-4 years of experience in banking, fraud operations, financial crimes, risk management, systems analysis, payment operations, or a related financial services function.
• Working knowledge of AML/CFT and fraud detection systems, transaction monitoring tools, case management platforms, digital banking systems, core banking systems, or related financial technology applications.
• Understanding of common banking fraud typologies, including card fraud, ACH fraud, wire fraud, check fraud, account takeover, identity theft, deposit fraud, and online/mobile banking fraud.
• Strong analytical skills with the ability to interpret transaction data, system outputs, alert trends, operational metrics, and exception reporting to identify risks and recommend improvements.
• Experience supporting system configuration, business requirements, testing, issue resolution, process documentation, or vendor/application support activities.
• Proficiency with Microsoft Excel and reporting tools; ability to create, validate, and explain reports, dashboards, and trend analyses for operational and management review.
• Ability to communicate clearly with technical and non-technical stakeholders, including Fraud Operations, Information Technology, Compliance, Risk, Audit, vendors, and line-of-business partners.
• Knowledge of bank regulatory expectations, internal controls, audit standards, information security practices, and customer privacy/confidentiality requirements.
• Strong attention to detail, sound judgment, problem-solving ability, organizational skills, and ability to manage multiple priorities in a time-sensitive fraud prevention environment.

What we can offer you:

• Medical, dental, vision, STD, LTD, Life insurance, etc.
• 17 days paid time off, 11 paid holidays and bereavement leave
• Educational assistance program
• Wellness benefits
• Life event coverage
• Paid parental bonding leave
• Service awards
• Financial benefits including 401(k) match, stock purchase plan and more
• National and local discounts on everything from computers and vacations to phones and retail shopping.
• Logo wear discounts
• Free checking account, checks and discounted bank services

German American Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (pregnancy, sexual orientation, or gender identity), age (40 or older), national origin, genetic information, veteran status, disability, or any other basis protected by law.

German American is committed to the full inclusion of all qualified individuals. As part of this commitment, if you require reasonable accommodation in completing the application process, interviewing, or completing any pre-employment testing, please direct your inquiries to our Talent Acquisition team at 812-482-0717 or [e-mail].

German American employees are required to adhere to laws and regulations applicable to banks and to German American policies and procedures. Applicants should expect to complete necessary pre-employment screening pursuant to these laws, regulations, and policies.