The average hourly pay for a Fraud Analyst is $17.35.
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$13 - $23
$192 - $8,165
$99 - $9,123
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$30,371 - $62,312
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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
- Analyze data from multiple sources to identify discrepancies, spot fraud, and eliminate suspicion.
- Educate staff and contractors on fraud and associated behaviors.
- Write reports, and document evidence, findings, and recommendations.
- Interview and elicit information from staff and contractors to resolve questions.
Job Satisfaction for Fraud Analyst
Popular Employer Salaries for Fraud Analyst
The top respondents for the job title Fraud Analyst are from the companies Bank of America Corp. (BOFA), J.P. Morgan Chase & Co. (JPMCC) and Bank of America Corporation. Reported salaries are highest at Expedia, Inc. where the average pay is $21.62. Other companies that offer high salaries for this role include American Express Co. (AMEX) and Bank of America Corp. (BOFA), earning around $19.82 and $19.08, respectively. Macy's, Inc. pays the lowest at around $13.70. Citibank and J.P. Morgan Chase & Co. (JPMCC) also pay on the lower end of the scale, paying $14.40 and $15.49, respectively.
Fraud Analyst Job Listings
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Popular Skills for Fraud Analyst
Avg. Hourly Rate
Skills in Fraud Investigation, Microsoft Excel and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Customer Service and Data Analysis.
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 $15.65 based on 66 salaries. An early career Fraud Analyst with 1-4 years of experience earns an average total compensation of $16.63 based on 534 salaries. A mid-career Fraud Analyst with 5-9 years of experience earns an average total compensation of $18.64 based on 201 salaries. An experienced Fraud Analyst with 10-19 years of experience earns an average total compensation of $19.91 based on 117 salaries. In their late career (20 years and higher), employees earn an average total compensation of $20.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Fraud Analyst in their job title in New York, New York earn an average of 58.8% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (23.8% more) and Dallas, Texas (15.3% more). The lowest salaries can be found in Newark, Delaware (5.7% less).
Years of Experience
This data is based on 950 survey responses.
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