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Fraud Analyst Jobs in Utah (NOW HIRING)

Weave

Fraud Analyst

Lehi, UT · On-site

Analyze high-value transactions for potential fraud, employing keen analytical skills to identify red flags and escalate suspicious activity for further investigation. * Fraudulent Transaction ...

Deloitte

Expense Fraud Analyst

Salt Lake City, UT

The Expense Fraud Analyst investigates expense and corporate card activity to identify policy violations, anomalies, and potential fraud indicators across Deloitte's expense environment. The ideal ...

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Fraud Analyst information

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$14

$27

$57

How much do fraud analyst jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for fraud analyst in Utah is $27.93, according to ZipRecruiter salary data. Most workers in this role earn between $19.28 and $30.87 per hour, depending on experience, location, and employer.

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.

What is the salary of a fraud analyst?

The average salary of a fraud analyst in the United States ranges from $50,000 to $80,000 per year, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries. Many fraud analysts also receive benefits such as health insurance and paid time off.

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 is the job of a fraud analyst?

A fraud analyst is responsible for detecting, investigating, and preventing fraudulent activities within financial transactions or business operations. They analyze data, identify suspicious patterns, and use tools like fraud detection software to minimize financial losses and protect company assets. Strong analytical skills and knowledge of security protocols are essential for this role.

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.

Will the fraud analyst be replaced by AI?

Fraud analysts play a critical role in detecting and preventing financial crimes, and while AI tools are increasingly used to assist in analyzing large data sets and identifying patterns, they are not expected to fully replace human analysts soon. Fraud detection often requires judgment, contextual understanding, and decision-making skills that complement AI technology. Professionals in this field should focus on developing skills in data analysis, critical thinking, and familiarity with fraud detection tools to stay relevant.

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.

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 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.
More about Fraud Analyst jobs
What are the most commonly searched types of Fraud Analyst jobs in Utah? The most popular types of Fraud Analyst jobs in Utah are:
What are popular job titles related to Fraud Analyst jobs in Utah? For Fraud Analyst jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Fraud Analyst jobs in Utah look for? The top searched job categories for Fraud Analyst jobs in Utah are:
What cities in Utah are hiring for Fraud Analyst jobs? Cities in Utah with the most Fraud Analyst job openings:
What are popular job titles related to Fraud Analyst jobs in UT? For Fraud Analyst jobs in UT, the most frequently searched job titles are:
Fraud Analyst jobs near you
Infographic showing various Fraud Analyst job openings in Utah as of July 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution, with an average salary of $58,102 per year, or $27.9 per hour.
Fraud Analyst

Fraud Analyst

Weave

Lehi, UT • On-site

Full-time

Posted 5 days ago

Job description

Our Payments Risk Management Team is seeking a highly motivated and detail-oriented Fraud Analyst to be the cornerstone of our fraud management program. In this role, you will play a critical part in safeguarding our business from financial losses due to fraudulent activity. You will implement and execute strategies to identify, investigate, and prevent high-value transaction fraud, suspicious merchant behavior, and other financial threats.
  • This position will be hybrid based out of our Lehi, UT HQ
  • Reports to: Payments Risk Manager
What You Will Own
  • High-Value Transaction Scrutiny: Analyze high-value transactions for potential fraud, employing keen analytical skills to identify red flags and escalate suspicious activity for further investigation.
  • Fraudulent Transaction Investigation: Conduct comprehensive investigations into fraudulent and high-risk transactions, utilizing your analytical expertise to uncover patterns and identify the root cause. Collaborate effectively with internal teams and merchants to resolve these cases decisively.
  • Suspicious Merchant Activity Detection: Proactively monitor merchant accounts for anomalous, suspicious, and prohibited behavior. This includes identifying changes in transaction patterns (bank account alterations, payment volume fluctuations, high dispute rates, sudden average transaction amount shifts) and taking appropriate action.
  • Merchant Risk Assessment in Collaboration with Risk Management: Partner with the Risk Management team to develop and implement a risk assessment framework to evaluate merchant activity and pinpoint potential fraud risks. This may involve constructing scoring models or integrating automated monitoring tools.
  • Fraud Management Program Development in Partnership with Risk Management: As our inaugural dedicated Fraud Analyst, you will be a key figure in building and optimizing our fraud management tools and processes, working collaboratively with the Risk Management team. You will take the initiative to research new technologies and strategies to enhance our fraud detection capabilities.
What You Will Need to Accomplish the Job
  • 3-5 years of experience in financial investigations, payment fraud analysis, or a closely related field is required.
  • Strong analytical skills with the ability to identify patterns, trends, and anomalies in financial data are essential.
  • Demonstrated problem-solving expertise, with a talent for investigating complex financial issues, drawing logical conclusions, and formulating effective solutions.
  • Meticulous attention to detail to ensure accurate analysis and identification of suspicious activity.
  • Excellent written and verbal communication skills to present complex financial information to both technical and non-technical audiences.
  • Proficiency with technology, with a willingness to learn new fraud detection and investigation tools, and a desire to adapt to evolving fraud trends.
  • Strong sense of initiative and proactiveness. You are a self-starter with the ability to identify areas for improvement and propose innovative solutions.
What Will Make Us Love You
  • This role is ideal for a highly motivated and results-oriented individual with a passion for safeguarding financial systems.
  • You have previous experience creating and running data queries.
  • You have experience with Stripe
  • Beginner-Intermediate experience in SQL proficiency
  • You can create and run reports in Snowflake
  • You can create and run reports in with Sigma
  • You are a critical thinker who thrives in a fast-paced environment and enjoys a challenge.
  • Your strong work ethic, collaborative spirit, and dedication to continuous learning will be instrumental in building a robust and effective fraud management program for our company.

Employment with Weave is contingent upon the successful completion of a background check, conducted in accordance with applicable laws.
At Weave, we use Artificial Intelligence (AI) tools to help us work more efficiently and create a smoother candidate experience. AI may assist with things like writing job descriptions, scheduling interviews, or reviewing applications against job-related criteria. For additional information, please review the External AI Policy Statement available on our Careers page.
Weave is an equal opportunity employer that is committed to fostering an inclusive workplace where all individuals are valued and supported. We welcome anyone who is hungry to learn, problem-solve and progress regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or other applicable legally protected characteristics. If you have a disability or special need that requires accommodation, please let us know.
Beware of recruitment fraud. All official correspondence will occur through Weave branded email. We will never ask you to share bank account information, cash a check from us, or purchase software or equipment as part of your interview or hiring process.

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