A Fraud Analyst earns an average salary of $45,454 per year. Most people with this job move on to other positions after 20 years in this field. The skills that increase pay for this job the most are Risk Management / Risk Control, Banking, and Financial Analysis.
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$31,523 - $65,845
(Median)
$32K
$45K
$66K
MEDIAN: $45,453
10%
50%
90%

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$12.23 - $23.16
(Median)
$12
$16
$23
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Salary
$31,523 - $65,845  
   
Bonus
$0.00 - $6,225  
Profit Sharing
$0.00 - $10,067  
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).
)
$28,985 - $61,154  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 277
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$12.23 - $23.16  
   
Overtime
$15.67 - $36.79  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $6,225  
   
Profit Sharing
$0.00 - $10,067  
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).
)
$28,985 - $61,154  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 265
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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 by Experience Level for Fraud Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $40,747

Larger city markers indicate a job is popular in that location.

Fraud Analyst Reviews

What is it like working as a Fraud Analyst?

Fraud Analyst in West Jordan:
"Interesting fun job."
Pros: I like the people I work with. I like the various projects and fraud patterns I investigate, it's interesting to learn more about how people steal money and commit ID theft on this world with so much data.
Cons: Tracking everything I do.

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

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Experience Affects Fraud Analyst Salaries

Late-Career
up arrow 49%



National Average
$41,000


Skills That Affect Fraud Analyst Salaries

Risk Management / Risk Control
up arrow 29%

Banking
up arrow 17%

Financial Analysis
up arrow 14%

SQL
up arrow 9%

Microsoft Excel
up arrow 3%

Data Analysis
0%

National Average
$41,000

Research Analysis
up arrow 7%


Microsoft Office
up arrow 22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 89 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
8%
1-4 years
52%
5-9 years
22%
10-19 years
15%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 79%
medical benefits
Vision: 74%
dental benefits
None: 14%
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