Fraud Analyst Salary (United States)

A Fraud Analyst earns an average salary of $42,687 per year. Experience has a moderate effect on pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this field. The highest paying skills associated with this job are Risk Management / Risk Control, SQL, and Microsoft Excel.
Fraud Analyst Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$29,985 - $67,815
(Median)
30K
36K
43K
52K
68K
MEDIAN: $42,687
10%
25%
50%
75%
90%
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Fraud Analyst Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.88 - $20.75
(Median)
12
17
21
MEDIAN: $14.00
10%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$29,985 - $67,815  
   
Bonus
$0.00 - $5,215  
Profit Sharing
$97.87 - $1,546  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,577 - $63,679  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 412
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$11.88 - $20.75  
   
Overtime
$16.90 - $30.72  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $5,215  
   
Profit Sharing
$97.87 - $1,546  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,577 - $63,679  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 412
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Job Description for Fraud Analyst

A fraud analyst specializes in investigating suspicious activities that could potentially include fraud. Fraud analysts often work with law enforcement officers, and they have an expansive knowledge of finance and relevant computer programs to perform their job. The job responsibilities of a fraud analyst include researching criminal fraud methods and tools, tracking financial data, creating reports, identifying and investigating possible fraudulent activities, and developing techniques and tools useful in the prevention of fraud. Fraud analysts are responsible for tracking criminal fraud, which may involve monitoring financial transactions and analyzing the data retrieved for irregular patterns. Fraud analyst work in a variety of industries, but they usually work in a private institution such as a bank.
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Fraud Analyst Tasks
  • Write reports, and document evidence, findings, and recommendations.
  • Interview and elicit information from staff and contractors to resolve questions.
  • Analyze data from multiple sources to identify discrepancies, spot fraud, and eliminate suspicion.
  • Educate staff and contractors on fraud and associated behaviors.

Common Career Paths for Fraud Analyst

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Fraud Analyst Job Listings

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Popular Employer Salaries for Fraud Analyst

Popular Skills for Fraud Analyst

Pay Difference By Location

San Francisco
up arrow 39%
Tampa
up arrow 23%
San Diego
up arrow 5%
Los Angeles
up arrow 2%
National Average
$38,000
Atlanta
up arrow 3%
Chicago
up arrow 6%
Phoenix
up arrow 13%
San Antonio
up arrow 22%
Larger circles over a city indicate a job is popular in that location.

Fraud Analyst Reviews

What is it like working as a Fraud Analyst?
Fraud Analyst in Harrisburg:
"Very Interesting Thus Far."
Pros: The people I work with are great.
Cons: The pay and the hours.

Related Job Salaries

Experience Affects Fraud Analyst Salaries

Experienced
up arrow 27%
Mid-Career
up arrow 12%
National Average
$38,000

Skills That Affect Fraud Analyst Salaries

Risk Management / Risk Control
up arrow 26%
SQL
up arrow 25%
Microsoft Excel
up arrow 25%
Data Analysis
up arrow 4%
National Average
$38,000
Customer Service
up arrow 13%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 82 votes.

Gender

Female
57%
female alumni
 
Male
43%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
52%
5-9 years
23%
10-19 years
14%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 81%
vision benefits Vision: 70% employee benefits None: 8%
Find Out Exactly What You Should Be Paid
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