The average salary for a Fraud Analyst in India is ₹287,085.
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₹166k - ₹619k
₹4k - ₹199k
₹295 - ₹102k
₹180k - ₹662k
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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 tool…Read more
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.
Popular Employer Salaries for Fraud Analyst
The top respondents for the job title Fraud Analyst are from the companies Quatrro BPO, American Express Co. (AMEX) and Genpact. Reported salaries are highest at American Express Co. (AMEX) where the average pay is ₹400,000. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC), earning around ₹355,055. Quatrro BPO pays the lowest at around ₹170,000. Genpact also pays on the lower end of the scale, paying ₹191,025.
Fraud Analyst Job Listings
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Popular Skills for Fraud Analyst
Risk Management / Risk Control
Skills in Fraud Investigation, Risk Management / Risk Control, Data Analysis and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Customer Service.
Pay by Experience Level for Fraud Analyst
An entry-level Fraud Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹213,151 based on 18 salaries. An early career Fraud Analyst with 1-4 years of experience earns an average total compensation of ₹289,597 based on 104 salaries. A mid-career Fraud Analyst with 5-9 years of experience earns an average total compensation of ₹475,000 based on 32 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Fraud Analyst in their job title in Mumbai, Maharashtra earn an average of 36.9% more than the national average. These job titles also find higher than average salaries in Bangalore, Karnataka (17.9% more) and Delhi, Delhi (5.7% more). The lowest salaries can be found in New Delhi, Delhi (20.2% less), Ahmedabad, Gujarat (9.6% less) and Chennai, Tamil Nadu (9.2% less).
Years of Experience
This data is based on 154 survey responses.
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