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Fraud Analyst Jobs in Milwaukee, WI (NOW HIRING)

FIS

Fraud Prevention Analyst II

Milwaukee, WI · On-site

Are you curious, analytical, and passionate about protecting clients from fraud? At FIS, our technology powers the world's economy. We help financial institutions, businesses, and communities thrive ...

US Bank

Fraud Risk Analyst

Milwaukee, WI

The Fraud Risk Analyst develops data-driven insights and strategies that strengthen fraud prevention, detection, and operational performance across deposits, payments, digital, authentication, and ...

Husch Blackwell Llp

Procurement Analyst

Milwaukee, WI · Hybrid

The Procurement Analyst is primarily responsible for ensuring the completion of complex procurement ... Demonstrated ability to identify and mitigate operational risk and fraud, integrate technology ...

Husch Blackwell LLP

Procurement Analyst

Milwaukee, WI · Hybrid

The Procurement Analyst is primarily responsible for ensuring the completion of complex procurement ... Demonstrated ability to identify and mitigate operational risk and fraud, integrate technology ...

Johnson Financial Group

AML/BSA Analyst

Racine, WI · On-site

The Analyst III leads high-risk investigations, conducts complex Customer Due Diligence (CDD) and ... Collaborate with Compliance, Fraud, and Lines of Business to address financial crime risk. * Ensure ...

Johnson Financial Group

AML/BSA Analyst

Racine, WI

The Analyst III leads high-risk investigations, conducts complex Customer Due Diligence (CDD) and ... Collaborate with Compliance, Fraud, and Lines of Business to address financial crime risk. * Ensure ...

Worldpay, Inc.

Analyst Lead, Pricing

Milwaukee, WI · On-site

$101K - $172K/yr

Familiarity with payments concepts such as processing, interchange, fraud, network pricing, APIs ... Advanced analytical and financial modeling skills, with the ability to translate data into clear ...

FIS

Analyst Lead, Pricing

Milwaukee, WI · On-site

$101K - $172K/yr

Familiarity with payments concepts such as processing, interchange, fraud, network pricing, APIs ... Advanced analytical and financial modeling skills, with the ability to translate data into clear ...

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All JobsFraud Analyst JobsFraud Analyst Jobs in Milwaukee, WI

Fraud Analyst information

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$15

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How much do fraud analyst jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for fraud analyst in Milwaukee, WI is $30.23, according to ZipRecruiter salary data. Most workers in this role earn between $20.87 and $33.41 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.
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For Fraud Analyst jobs in Milwaukee, WI, the most frequently searched job titles are:

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Fraud Analyst jobs near you
Infographic showing various Fraud Analyst job openings in Milwaukee, WI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Hybrid job distribution, with an average salary of $62,881 per year, or $30.2 per hour.

Authentication Fraud Strategy Analyst

US Bank

Milwaukee, WI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 362 frontline employees who took The Breakroom Quiz

52nd of 172 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

The Authentication Fraud Strategy Analyst is responsible for analyzing, developing, and optimizing enterprise authentication fraud strategies that protect customers, reduce fraud losses, and deliver a seamless digital experience. This role leverages advanced analytics, fraud intelligence, and customer behavior insights to evaluate authentication performance, identify emerging risks, and recommend strategic enhancements across authentication controls, models, and vendor solutions.

As a key member of the Authentication Fraud Strategy team, the analyst partners with Fraud Strategy, Digital, Operations, Technology, Risk, and external vendors to drive data-driven decision making, support strategic initiatives, and enhance authentication effectiveness across the customer journey. The role translates complex analytical findings into actionable business recommendations, balancing fraud risk mitigation, customer experience, operational efficiency, and enterprise governance objectives.

The ideal candidate is a highly analytical problem solver with experience in fraud analytics, authentication, identity risk, or digital fraud prevention who can independently lead complex analyses and influence strategic outcomes across the organization.

Key Responsibilities

  • Lead the analysis, development, and optimization of enterprise authentication fraud strategies to reduce fraud losses while delivering a seamless customer experience.
  • Analyze authentication performance, fraud outcomes, customer journeys, and control effectiveness to identify risks, trends, and opportunities for improvement.
  • Conduct complex root-cause analyses of authentication failures, account takeover events, fraud losses, customer friction, and emerging fraud threats to drive strategic recommendations.
  • Develop and maintain analytical frameworks, performance metrics, and monitoring capabilities to measure authentication effectiveness, fraud prevention outcomes, and customer impact.
  • Partner with Fraud Strategy, Digital, Operations, Technology, Risk, and Product teams to prioritize, execute, and evaluate authentication initiatives and strategic enhancements.
  • Collaborate with model development, model ownership, model governance, and validation teams to support authentication model performance assessments, feature analysis, implementation readiness, and ongoing monitoring.
  • Evaluate third-party vendors, authentication solutions, fraud tools, and identity verification capabilities, providing data-driven recommendations on effectiveness, value, customer impact, and strategic fit.
  • Identify, quantify, and prioritize opportunities to improve fraud detection, reduce customer friction, enhance authentication accuracy, and optimize operational performance.
  • Translate complex analytical findings into clear, actionable, and executive-ready recommendations that support strategic decision-making and investment prioritization.
  • Monitor emerging fraud trends, authentication risks, industry developments, and evolving customer behaviors to identify new threats and opportunities for innovation.
  • Ensure analytical rigor and compliance with enterprise governance, privacy, model risk management, regulatory requirements, and data quality standards.
  • Lead and influence cross-functional initiatives by serving as a trusted advisor and subject matter expert on authentication fraud risk, authentication strategy, vendor capabilities, and fraud analytics, driving measurable business outcomes across the enterprise.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than eight years of applicable experience
Preferred Skills/Experience

-Strong problem-solving skills and ability to find solutions independently

-Expert quantitative analytical skills with commensurate ability to summarize and present insights to leaders

-5+ years SQL and/or SAS experience; R / Python a plus

-5+ years business intelligence analysis within banking, financial services, or related industry

-Proficient understanding of fraud, authentication, identity validation or other aspects of risk management

-Excellent presentation, interpersonal, written and verbal communication skills

-Enthusiasm for solving complex problems that mitigate fraud risk while delivering a seamless customer experience

This role requires adept quantitative analytical skills, along with a team-first approach and keen ability to develop strong working partnerships with internal and external stakeholders, highly effective communication skills with senior-level colleagues and management and the ability to work independently with a strong bias towards action and problem-solving.

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.
NOTE: This position is not eligible for current or future visa sponsorship.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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