Page 48 - January 16, 2025 Bulletin

BaNKeRS’ CLaSSiFieDS

Risk Specialist
Aberdeen SD

Full job description and to apply: www.dacotahbank.com/careers.
Dacotah Bank is seeking an experienced, detail-oriented banking professional to join our team
as a Risk Specialist in Aberdeen, SD! If you like to solve problems, build relationships, and use
advanced technology - we can help you put your experience and degree to work!
Investigate allegations of criminal, civil or other acts of wrongdoing posing a potential risk of loss to Dacotah Bank. Investigations will
include, but are not limited to, transactions originated by check, checkcard, electronic banking, wire transfer or automated clearinghouse
(ACH). Incidents requiring investigations may include corporate account takeover, fraudulent transactions facilitated through phone, mail
and email communication and unauthorized access. Perform tasks relating to legal work, the Bank Secrecy Act and currency transaction
reporting. This position requires a strong working relationship with various constituents.
As a Risk Specialist for Dacotah Bank, you must have in-depth knowledge and understanding of regulatory requirements related to fraud
detection and investigation, legal and BSA work.
Essential Functions
• Serve as the Bank’s primary resource for fraud monitoring and investigation
• Document fraudulent activity and issue Fraud Alerts
• Investigate potentially fraudulent and criminal activity in cooperation with other departments, market or branch locations and the board-
designated security and information security officers to ensure proper action is taken in resolving unauthorized checkcard activity, disputes
and cases of fraud
• Assist in maintaining fraud procedures
• Process checkcard disputes in compliance with VISA Operating and Chargeback Rules and Regulations, ACH Rules and Federal Reserve
Board of Governors Regulation E; and assure that regulatory timeframes are maintained
• Review compromised checkcard numbers provided by VISA CAMs and notify affected cardholders
• Assist with preparation of monthly reports on fraud losses and recoveries
• Reconciliation of general ledger accounts
• Attend applicable training sessions
• Receive and service fraud and legal-related customer phone calls
• Adhere to Legal Process Procedures
• Perform annual Access Management reviews as requested by the Risk Analyst
• Assist in the administration of Dacotah Bank’s Security Program as needed
• Work with Talent Management to educate staff and customers about risks, fraud and trends in criminal activity
Experience, Skills, and Qualifications
• An Associate’s degree in Accounting, Finance, Business or related field and/or four years of applicable work experience in the financial,
or other similar industries
• Simultaneously handle multiple tasks; meet identified deadlines; and work independently
• Excellent oral and written communication skills
• Ability to analyze data and transactional patterns
• Ability to maintain the confidentiality of Company, employee and customer information
• Working knowledge of Microsoft Office, including Outlook, Word and Excel
• Knowledge and understanding of regulatory requirements related to fraud detection and investigation, including but not limited to,
Federal Reserve Board of Governors Regulations E and Z; local, state and federal privacy statutes and regulations; Suspicious Activity
Report requirements; the USA Patriot Act; Visa rules and regulations; and rules promulgated by the North American Clearing House
Association
• Ability to lead self and meet or exceed leadership expectations
Dacotah Bank offers a competitive salary and exceptional benefits package including but not limited to: individual and family coverage
health and dental insurance premiums 100% paid for by Dacotah Bank; health savings accounts, life insurance for employee and family, paid
vacation, paid sick time, retirement plan options, and additional perks and benefits. Don’t miss out on your opportunity to shine with one of
American Banker’s Best Banks to Work For!
Dacotah Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

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