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Fraud Analyst Jobs in Rochester, MN (NOW HIRING)

GDIT

Land Mobile Radio (LMR) Technician II

Rochester, MN · On-site

$29.75 - $40.25/hr

... analyzer Digital recording equipment OTAR keying equipment (Key management facility) Site ... We reserve the right to take your picture to verify your identity and prevent fraud. By proceeding ...

Merchants Bank

Mortgage Loan Processor I

Rochester, MN · On-site

$40K - $55K/yr

Input required customer information into secondary market software system for continued follow-up. * Order services such as title, appraisal, flood, fraud * Obtain and analyze homeowners' insurance ...

Merchants Bank

Mortgage Loan Processor I

Saint Charles, MN · On-site

$36K - $50K/yr

Input required customer information into secondary market software system for continued follow-up. * Order services such as title, appraisal, flood, fraud * Obtain and analyze homeowners' insurance ...

GDIT

Budget/Administrative Assistant

Rochester, MN · Hybrid

$72K - $98K/yr

Yes PROGRAM ANALYST The WFS FRA Budget and Administrative Assistant supports the SWA Forward Repair ... We reserve the right to take your picture to verify your identity and prevent fraud. By proceeding ...

Shopko Optical

Regional Manager- Minnesota

Rochester, MN · On-site

$112K - $168K/yr

Ensure centers follow applicable Federal and State laws including HIPAA, Fraud, Waste and Abuse ... Strong planning, analysis, and organizational skills * Able to work collaboratively in a matrix ...

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Fraud Analyst information

See Rochester, MN salary details

$15

$31

$64

How much do fraud analyst jobs pay per hour?

As of Sep 1, 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 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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What job categories do people searching Fraud Analyst jobs in Rochester, MN look for?

The top searched job categories for Fraud Analyst jobs in Rochester, MN are:

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 August 2026, with employment types broken down into 86% Full Time, 9% Part Time, and 5% 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.

Internal Audit & Parish Support Associate

Diocese of Winona-Rochester

Rochester, MN

Full-time

Posted 28 days ago

Job description

The Internal Audit & Parish Support Associate reports to the Internal Auditor for the Diocese of Winona-Rochester and works closely with the Parish Support Coordinator to review financial and internal control status and procedures of various Diocesan parishes, schools, cemeteries, and ministries to assist pastors, directors, and the Diocese with improving compliance with accounting, governmental and Diocesan rules and regulations. The role also plays a critical role in supporting Diocesan parishes, schools, cemeteries, and ministries with accounting and system questions to further strengthen accounting and reporting practices.
 
Essential Duties and Responsibilities
 
  • Parish Support
    • Provides assistance and guidance to parish, school, cemetery, and ministry staff on financial policies, internal controls, regulation changes, payroll processing and tax filing, and record-keeping best practices.
    • Provide assistance and training resources as needed for parish bookkeepers.
    • Serves as the diocesan subject matter expert for accounting, payroll, and benefits systems, providing training, technical support, and guidance to parish, school, cemetery, and ministry personnel to promote accurate and efficient financial operations.
    • Assist in the generation of budgets, financial statements, and required reports and filings for parishes, schools, and cemeteries.
    • Assist in the preparation of training/reference materials for parish/school business managers/bookkeepers.
    • Utilize onsite visits as a training opportunity for bookkeeping staff as well as audit review.
 
  • Auditing
    • Assist the Internal Auditor with regular audits of financial records, internal controls, and operational processes at parishes, schools, cemeteries, ministries, and diocesan offices to ensure accuracy, compliance, and efficiency.
    • Reviews adherence to diocesan financial policies, including collection procedures, expenditure approvals, payroll, and cash management.
    • Assist with scheduling audit visits at Diocesan entities in a manner that allows for successful completion of the annual audit plan within the established timelines.
    • Prepare for each visit by reviewing financial records for the period to be audited and selecting deposit and disbursement items for testing. Additionally, try to complete as much of the review as possible as a desk audit.
    • Identifies risks related to fraud, mismanagement, noncompliance, or operational inefficiencies and recommend corrective actions and process improvements.
    • Assists with and may produce detailed audit reports with findings, recommendations, and action plans for presentation to the Diocesan Chief Financial Officer, pastor/director, chair of parish finance council and/or the bishop and his delegates.
    • Communicate findings with Diocesan Chief Financial Officer, pastor/director, chair of parish finance council.
    • Follow up on “management responses” from parishes that do not respond to audit recommendations. Review responses received to determine if additional clarification is needed and provide follow-up.
    • Assists in the development, implementation, and periodic revision of diocesan policies and procedures related to financial oversight and accountability.
    • Conducts or assists with investigations into suspicious activities, potential fraud, or other concerns identified through audit procedures or reported by another party.
    • Collaborate with external auditors for special audits as needed.
 
  • Other Duties
    • When possible, undertake special projects assigned by the Bishop, Moderator of the Curia or Diocesan Chief Financial Officer.
    • Undertake continuous professional development by paying special attention to news and information pertaining to embezzlement, fraud, theft, cyber-attacks, government law changes, etc. whether church or general business related and incorporating these risks into the future audit paradigm.
    • Other duties as assigned
 
Required Knowledge, Skills and Abilities
 
  • Strong verbal, written, analytical and people skills.
  • Proficient with Microsoft Office Suite (particularly with Word and Excel) and Outlook.
  • Proficiency in 10-key data entry and calculator operation to support bookkeeping, auditing, and financial analysis activities.
  • Excellent ability to organize, plan, set job priorities and multi-task to meet deadlines.
  • Ability to analyze financial statements and provide feedback and training to others. Previous Internal Audit experience is preferred.
  • Able to perform job responsibilities maintaining a high degree of accuracy as well as confidentiality.
  • Proven ability to solve problems and make effective decisions.
  • Proficient in the use of general ledger accounting software such as; AccuFund and ParishSOFT and ability to train other individuals to use the software.
  • Ability to work independently as well as with a team.
  • Effective communication skills and interpersonal skills.
  • Desire to learn and undertake new and unfamiliar job responsibilities and tasks.
  • Willingness to work collaboratively in a team-oriented environment.
  • Availability to work evenings with the possibility of overnight stays.
  • Travel required (25-50%). Valid driver’s license is required.
 
Education and Experience

Education:
Required:        Associates degree or higher in accounting or business administration. Related experience in auditing, accounting, or finance essential.
Desired:           Bachelor’s Degree. 3+ years of experience in non-profit or faith based organizational audits.