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Salary

How much does a Fraud Analyst make?

The average salary for a Fraud Analyst is $90,889 per year in the US.

A Fraud Analyst plays a key role in protecting businesses and organizations from financial losses. This job involves detecting and preventing fraudulent activities. The average yearly salary for a Fraud Analyst is around $90,889. This salary can vary based on experience, location, and the specific industry.

Fraud Analysts can earn different amounts depending on their level of experience. Entry-level positions may start at around $37,950, while those with more experience can earn up to $202,250. This range shows that there are good opportunities for growth in this field. Companies value their skills and often reward them with higher salaries as they gain more experience.

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What are the highest paying cities for a Fraud Analyst?

Job seekers looking for Fraud Analyst roles can find some of the best pay in San Francisco, CA, and Seattle, WA. These cities offer top salaries, with San Francisco leading at $125,557 and Seattle close behind at $122,887. Other cities like Charlotte, Dallas, and San Antonio also provide competitive wages, making them attractive options for professionals in this field.
Graph displaying highest paying cities salaries for Fraud Analyst jobs, highlighting San Francisco, CA with the highest at $125,557 and Minneapolis, MN with the lowest at $92,020.
  1. San Francisco, CA
    Average Salary: $125,557
    In San Francisco, professionals in this field work for tech giants like PayPal and Square. They analyze data to prevent fraud and protect customer accounts. The tech-savvy environment offers many opportunities for growth.
    Find Fraud Analyst jobs in San Francisco, CA


  2. Seattle, WA
    Average Salary: $122,887
    Seattle is home to companies like Amazon and Microsoft. Here, experts focus on detecting and preventing fraudulent activities. The city's tech-driven economy provides a dynamic work setting.
    Find Fraud Analyst jobs in Seattle, WA


  3. Charlotte, NC
    Average Salary: $113,563
    Charlotte is a financial hub with companies like Bank of America. Fraud analysts here play a key role in safeguarding financial transactions. The city offers a stable job market with good benefits.
    Find Fraud Analyst jobs in Charlotte, NC


  4. Dallas, TX
    Average Salary: $111,021
    In Dallas, professionals work for major banks and financial institutions. They analyze transactions to spot and prevent fraud. The city's growing tech scene offers many career opportunities.
    Find Fraud Analyst jobs in Dallas, TX


  5. San Antonio, TX
    Average Salary: $107,627
    San Antonio has a strong financial sector with companies like Wells Fargo. Fraud analysts here ensure the security of financial transactions. The city offers a balanced lifestyle with a growing job market.
    Find Fraud Analyst jobs in San Antonio, TX


  6. Colorado Springs, CO
    Average Salary: $98,316
    Colorado Springs is known for its military presence and tech companies. Fraud analysts work to protect customer data and transactions. The city offers a strong sense of community and a growing job market.
    Find Fraud Analyst jobs in Colorado Springs, CO


  7. Austin, TX
    Average Salary: $95,927
    Austin is a tech hub with companies like Apple and Google. Fraud analysts here are crucial in protecting customer information. The city offers a vibrant culture and many job opportunities.
    Find Fraud Analyst jobs in Austin, TX


  8. Fargo, ND
    Average Salary: $95,625
    Fargo is a growing city with a strong financial sector. Professionals here work to prevent fraud and ensure secure transactions. The city offers a lower cost of living and a friendly community.
    Find Fraud Analyst jobs in Fargo, ND


  9. Chicago, IL
    Average Salary: $92,036
    Chicago is a major financial center with companies like JPMorgan Chase. Fraud analysts here play a key role in protecting customer accounts. The city offers a rich cultural scene and many job opportunities.
    Find Fraud Analyst jobs in Chicago, IL


  10. Minneapolis, MN
    Average Salary: $92,020
    Minneapolis has a strong financial sector with companies like U.S. Bank. Fraud analysts here ensure the security of financial transactions. The city offers a high quality of life and a growing job market.
    Find Fraud Analyst jobs in Minneapolis, MN

What are the best companies a Fraud Analyst can work for?

Top companies for Fraud Analysts offer competitive salaries and benefits. Intuit leads with an average salary of $167,200, followed closely by Varo Bank at $167,000. Synchrony, USAA, and Amazon Web Services also provide attractive salaries, making them excellent choices for job seekers. These companies value skilled Fraud Analysts and provide opportunities for career growth. Citi, Bank of America, and Barclays offer competitive pay, with average salaries ranging from $99,000 to $133,000. U.S. Bank and PNC Financial Services Group also provide good compensation, making them viable options for those in the field.
Graph displaying best paying company salaries for Fraud Analyst jobs, highlighting Intuit with the highest at $167,203 and PNC Financial Services Group with the lowest at $58,169.
  1. Intuit
    Average Salary: $167,203
    Intuit offers exciting opportunities for Fraud Analysts. They work in locations like Mountain View, California, and Tempe, Arizona. Intuit focuses on financial software and aims to empower people with tools to manage their finances.


  2. Varo Bank
    Average Salary: $167,000
    Varo Bank provides a dynamic environment for Fraud Analysts. They operate in cities such as Denver, Colorado, and Minneapolis, Minnesota. Varo Bank is a digital bank that aims to offer a modern banking experience.


  3. synchrony
    Average Salary: $155,606
    synchrony offers competitive salaries for Fraud Analysts. They have offices in locations like Stamford, Connecticut, and Salt Lake City, Utah. synchrony specializes in financial services and consumer banking.


  4. USAA
    Average Salary: $133,384
    USAA provides a rewarding career for Fraud Analysts. They operate in San Antonio, Texas, and other locations. USAA focuses on financial services for military members and their families.


  5. Amazon Web Services
    Average Salary: $105,000
    Amazon Web Services offers a stable environment for Fraud Analysts. They work in locations like Seattle, Washington, and Austin, Texas. AWS provides cloud computing services to businesses worldwide.


  6. Citi
    Average Salary: $98,983
    Citi offers a variety of opportunities for Fraud Analysts. They operate in New York, New York, and other locations. Citi is a global financial services company that provides banking and financial services.


  7. Bank of America
    Average Salary: $98,574
    Bank of America offers a solid career path for Fraud Analysts. They have offices in Charlotte, North Carolina, and other locations. Bank of America is a leading financial institution with a wide range of services.


  8. Barclays
    Average Salary: $96,350
    Barclays provides a competitive salary for Fraud Analysts. They operate in London, UK, and other locations. Barclays is a global financial services company that offers banking and investment services.


  9. U.S. Bank
    Average Salary: $84,151
    U.S. Bank offers a supportive environment for Fraud Analysts. They have offices in Minneapolis, Minnesota, and other locations. U.S. Bank provides a range of financial services to individuals and businesses.


  10. PNC Financial Services Group
    Average Salary: $58,169
    PNC Financial Services Group offers a good opportunity for Fraud Analysts. They operate in Pittsburgh, Pennsylvania, and other locations. PNC provides banking and financial services to individuals and businesses.

How to earn more as a Fraud Analyst?

A Fraud Analyst plays a crucial role in protecting businesses from financial losses. To earn more in this field, consider these key factors. Gaining relevant certifications can boost your credibility and salary. Certifications like Certified Fraud Examiner (CFE) or Certified Anti-Fraud Executive (CAFE) show your expertise. Experience matters greatly. The more time you spend in the field, the more valuable your skills become. Specializing in high-demand areas such as cybercrime or financial fraud can also increase your earning potential. Networking with other professionals can open up higher-paying job opportunities. Attending industry conferences and joining professional organizations can help you make valuable connections.

Another way to increase your earnings is by seeking advanced education. A master’s degree in finance, accounting, or a related field can make you more attractive to employers. Staying updated with the latest trends and technologies in fraud detection can also give you an edge. Employers value employees who can adapt to new tools and methods. Finally, consider moving to areas with a higher cost of living. These areas often offer higher salaries to attract talent. Balancing these factors can help you earn more as a Fraud Analyst.

Here are some specific steps to consider:

  1. Get relevant certifications.
  2. Gain more experience in the field.
  3. Specialize in high-demand areas.
  4. Network with other professionals.
  5. Seek advanced education.

Currently 111 Fraud Analyst job openings, nationwide.

How's the job market for a Fraud Analyst in the US?

Learn what a Fraud Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Fraud Analyst today.
Position
Overview
Fraud Analyst
111 Job Openings