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Fraud Analyst Jobs in Rochester, MN (NOW HIRING)

Crenlo Engineered Cabs

Business Analyst

Rochester, MN · On-site

Summary The Business Analyst will be directly involved in oversight of our Std Cost System as well as being a key driver of execution of our Business and Margin Analysis across our facilities ...

Mayo Clinic

Business Analyst

Rochester, MN

Provides business analysis services at a local, institutional or enterprise level. Understands and considers both the business and the technical needs of all customers with the goal of providing a ...

Mayo Clinic

Business Analyst

Rochester, MN · On-site

Provides business analysis services at a local, institutional or enterprise level. Understands and considers both the business and the technical needs of all customers with the goal of providing a ...

Mayo Clinic

Business Analyst

Rochester, MN · On-site

Provides business analysis services at a local, institutional or enterprise level. Understands and considers both the business and the technical needs of all customers with the goal of providing a ...

Mayo Clinic

Business Analyst

Rochester, MN

$75K - $113K/yr

Responsibilities Provides business analysis services at a local, institutional or enterprise level. Understands and considers both the business and the technical needs of all customers with the goal ...

Enterprise

Entegral Financial Analyst

Rochester, MN · On-site

$75K - $90K/yr

ABOUT THE ROLE The Financial Analyst for Entegral plays a key role in analyzing, evaluating and optimizing our financial and operational performance. Operating at the intersection of finance and data ...

Mayo Clinic

Senior Health Services Analyst

Rochester, MN · On-site

$89K - $118K/yr

Conducts advanced analysis using quantitative and qualitative software, reviews and interprets data and recommends action steps based on analytical results. Identifies existing institutional or ...

Mayo Clinic

Senior Health Services Analyst

Rochester, MN · Hybrid

$89K - $118K/yr

Conducts advanced analysis using quantitative and qualitative software, reviews and interprets data and recommends action steps based on analytical results. Identifies existing institutional or ...

Mayo Clinic

Senior Health Services Analyst

Rochester, MN · Hybrid

$89K - $118K/yr

Conducts advanced analysis using quantitative and qualitative software, reviews and interprets data and recommends action steps based on analytical results. Identifies existing institutional or ...

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All JobsFraud Analyst JobsFraud Analyst Jobs in Rochester, MN

Fraud Analyst information

See Rochester, MN salary details

$15

$31

$64

How much do fraud analyst jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for fraud analyst in Rochester, MN is $31.19, according to ZipRecruiter salary data. Most workers in this role earn between $21.49 and $34.47 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 cities near Rochester, MN are hiring for Fraud Analyst jobs? Cities near Rochester, MN with the most Fraud Analyst job openings:
Fraud Analyst jobs near you
Infographic showing various Fraud Analyst job openings in Rochester, MN as of July 2026, with employment types broken down into 87% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $64,875 per year, or $31.2 per hour.
Business Analyst

Business Analyst

Crenlo Engineered Cabs

Rochester, MN

Full-time

Posted 28 days ago

Crenlo Engineered Cabs rating

6.7

Company rating: 6.7 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

374th of 486 rated machine equipment manufacturers

Job description

Summary

The Business Analyst will be directly involved in oversight of our Std Cost System as well as being a key driver of execution of our Business and Margin Analysis across our facilities/business units. The role will help ensure accuracy and integrity of cost and inventory data, support operational efficiency, and provide actionable insights to drive financial performance. The ideal candidate combines strong analytical expertise, a deep understanding and curiosity of manufacturing processes, and solid experience and versatility in the use of different systems and current data-mining techniques and technical tools. Experience with Oracle ERP systems is helpful as well.

Key Responsibilities
  • Financial Leadership & Analysis
    • Provide strategic insights on gross margins, manufacturing variances, and product-line profitability.
    • Conduct variance analysis (material, labor, overhead, and PPV) and partner with operations to implement corrective actions.
    • Partner with Plant Controllers, operation, engineering and sales to improve decision-making on pricing, cost control, and resource utilization.
  • Cost System & ERP Management
    • Manage and maintain the ERP cost accounting and costing systems, including annual cost roll and labor updates.
    • Develop and standardize cost accounting processes across plants to ensure data integrity and consistency.
    • Collaborate with IT and ERP teams to enhance system functionality and reporting accuracy.
  • Inventory Management
    • Be involved with inventory valuation, reconciliation, and reporting to ensure accuracy and compliance.
    • Collaborate with operations to improve inventory control and cycle count accuracy.
    • Monitor and analyze inventory turnover, excess, and obsolescence trends to minimize write-offs.
    • Support inventory optimization initiatives to align working capital with production and demand planning.
    • Ensure Oracle ERP inventory modules reflect accurate and current data for production and finance reporting.
  • Operational Support & Continuous Improvement & Compliance
    • Lead cost reduction and efficiency initiatives, including cost avoidance, process automation, and waste reduction.
    • Support external and internal audit requirements as needed.
Key Skills and Competencies
  • Proven expertise in Business Analysis within a manufacturing environment
  • Strong command of Excel and data analysis tools (Query, Power BI, etc.)
  • Deep understanding of standard costing, variance analysis, and margin management.
  • Demonstrated ability to lead cross-functional projects and drive process automation.
  • Excellent communication and presentation skills for financial and non-financial audiences.
  • Strong analytical and problem-solving skills with a focus on accuracy and deadlines.
  • High integrity, initiative, and attention to detail. Curiosity is integral to success.
Education and Experience
  • Bachelor's degree in accounting, Finance, or related field; CPA or CMA a bonus.
  • 3+ years of progressive cost accounting experience in a manufacturing environment.
  • Experience with ERP Systems, exposure to ADP or similar financial systems preferred.
Working Conditions

Work Hours: Full-time, Monday-Friday (40+ hours per week)
Travel: Up to 30% to manufacturing sites
Environment: Office and plant settings

This position plays a pivotal role in connecting financial data to operational performance, ensuring Crenlo's manufacturing decisions are informed by accurate cost insights. This is an excellent opportunity for a business professional to influence strategic manufacturing outcomes within a global organization.

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