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$14

$28

$58

How much do fraud analyst jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for fraud analyst in Oklahoma is $28.33, according to ZipRecruiter salary data. Most workers in this role earn between $19.52 and $31.30 per hour, depending on experience, location, and employer.

What does a fraud analyst do?

As a fraud analyst, your responsibilities are to monitor bank accounts, financial transactions, accounting paperwork, and other financial documents and analyze the data to identify any potential fraudulent activity. Fraud analysts work in several fields, including insurance, municipal, state, and federal law enforcement, finance, and banking, and your duties differ depending on the type of institution or agency for which you work. However, your tasks generally include using sophisticated software to pick up on patterns of behavior by a financial institution, business, or individual.

What does a fraud analyst do?

A Fraud Analyst is responsible for detecting, investigating, and preventing fraudulent activities within an organization, typically in the banking, finance, or retail sectors. They analyze transactions, monitor accounts for suspicious behavior, and use specialized software to identify patterns that may indicate fraud. Fraud Analysts work closely with other departments and law enforcement agencies to resolve cases and help develop strategies to minimize future risks.

What are the key skills and qualifications needed to thrive as a fraud analyst, and why are they important?

To thrive as a Fraud Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field, often supported by a bachelor's degree. Familiarity with fraud detection software, data analysis tools like SQL or Excel, and relevant certifications such as CFE (Certified Fraud Examiner) are commonly required. Strong problem-solving, critical thinking, and effective communication skills help Fraud Analysts investigate suspicious activities and collaborate with other departments. These skills and qualifications are essential for accurately identifying fraudulent behavior, minimizing financial losses, and upholding organizational integrity.

What are some typical challenges faced by fraud analysts, and how can they be addressed?

Fraud Analysts often deal with the challenge of distinguishing between legitimate and suspicious activities in large volumes of data, which requires keen attention to detail and strong analytical skills. Another common challenge is keeping up with evolving fraud tactics and technologies. To overcome these, analysts regularly participate in ongoing training, leverage advanced detection tools, and collaborate closely with IT and compliance teams. Open communication and knowledge sharing within the team also play key roles in staying ahead of potential threats.

What is the difference between Fraud Analyst vs Compliance Analyst?

AspectFraud AnalystCompliance Analyst
Required CredentialsCertifications like CFE, ACFE, or fraud-specific trainingCertifications such as CRCM, CAMS, or compliance-specific courses
Work EnvironmentFinancial institutions, e-commerce, insurance companiesBanking, finance, healthcare, and regulatory agencies
Employer & Industry UsageFocus on detecting and preventing fraud activitiesFocus on ensuring adherence to laws and regulations

While both Fraud Analysts and Compliance Analysts work within financial and regulated industries, Fraud Analysts primarily focus on identifying and preventing fraudulent activities, whereas Compliance Analysts ensure organizations follow legal and regulatory standards. Both roles require similar certifications and often operate in overlapping environments, but their core responsibilities differ significantly.

How much do fraud analysts get paid?

Fraud analysts typically earn a median annual salary between $50,000 and $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, especially in financial services or technology sectors.

Is fraud analysis a good career?

Fraud analysis is a growing field that involves detecting and preventing financial crimes using data analysis and investigative skills. It offers opportunities for advancement, requires attention to detail, and often involves working with specialized software and industry regulations. Many professionals find it a stable and rewarding career path in finance and security sectors.

What qualifications do you need to be a fraud analyst?

A fraud analyst typically needs a bachelor's degree in finance, accounting, or a related field. Strong analytical skills, attention to detail, and experience with data analysis tools or fraud detection software are important. Certifications such as Certified Fraud Examiner (CFE) can enhance job prospects.
More about Fraud Analyst jobs

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Fraud Analyst jobs near you
Infographic showing various Fraud Analyst job openings in Oklahoma as of August 2026, with employment types broken down into 73% Full Time, and 27% Contract. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $58,929 per year, or $28.3 per hour.

Sr. Management Analyst (AFSC CAE)

Oklahoma City, OK

HEBCO
Aerospace Product and Parts Manufacturing • 51 - 200 employees
Learn more about HEBCOexternal

Full-time

Posted 8 days ago

Job description

Support to LG by managing workflow tasks, facilitating & documenting regular scheduled corporate meetings (e.g., AFMC corporate process, AFSC integrated decision sessions),

Author LG action reports, authoring presentations for LG management, monitoring financial executions, posting

Manage content on LG SharePoint, assisting government equipment managers, assisting government T&A personnel.

Conduct administrative and record keeping aspects of the operation of technical projects / programs; apply knowledge of office management, methods and procedures in producing and maintaining documentation, correspondence, records or directives.

Work in regard to matters such as project / program progress and status documentation, budget, finance property accounting or personnel. 

Directly support GS-14 and GS-15 Government personnel

Coordinate with others for Calendar Scheduling

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