1

Fraud Analytics Jobs in Chicago, IL (NOW HIRING)

Sr Associate, Fraud Analytics

Chicago, IL ยท On-site

$100K - $130K/yr

Avant is looking for knowledgeable fraud professionals to join our Fraud Analytics team in Chicago. This position is critical in utilizing data to identify fraud trends, developing and deploying ...

Avant is looking for knowledgeable fraud professionals to join our Fraud Analytics team in Chicago. This position is critical in utilizing data to identify fraud trends, developing and deploying ...

Analytics Analyst - Fraud

Chicago, IL ยท On-site

$63K - $83K/yr

... Fraud Analytics team, you'll be the quantitative engine of our fraud prevention effort. You'll develop, enhance, and test the models and pattern-recognition pipelines that surface emerging fraud ...

You will lead a team of fraud analytics professionals, partner closely with Avant's Customer Identity and Access Management (CIAM) team, and serve as the strategic owner of identity proofing, account ...

Manager, Identity Fraud Strategy

Chicago, IL ยท On-site

$125K - $155K/yr

You will lead a team of fraud analytics professionals, partner closely with Avant's Customer Identity and Access Management (CIAM) team, and serve as the strategic owner of identity proofing, account ...

Fraud Risk Analytics Manager

Chicago, IL ยท Hybrid

$106K - $130K/yr

The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge existing approaches while delivering ...

Fraud Risk Analytics Manager

Chicago, IL ยท Hybrid

$106K - $130K/yr

The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge existing approaches while delivering ...

Merchant Fraud Analyst

Chicago, IL ยท On-site

$85K - $110K/yr

Merchant Fraud Analyst With our team growing rapidly, we are looking for an ambitious Merchant Fraud Analyst to join us. As part of the, relatively new, Merchant Fraud team in Chicago you will be ...

Fraud Analyst

Rosemont, IL ยท On-site

$50K - $65K/yr

The Fraud Analyst will review available information and communicate regularly with the banks to minimize exposure, recovery of funds, and report fraud activity. All job duties will be completed in ...

Fraud Risk Analytics Manager

Chicago, IL ยท Hybrid

$106K - $130K/yr

The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge existing approaches while delivering ...

Fraud Risk Analytics Manager

Chicago, IL ยท Hybrid

$106K - $130K/yr

The ideal candidate brings deep fraud domain expertise spanning across the entire customer life cycle, strong analytical rigor, and the courage to challenge existing approaches while delivering ...

Merchant Fraud Analyst

Chicago, IL ยท On-site

$85K - $110K/yr

Merchant Fraud Analyst With our team growing rapidly, we are looking for an ambitious Merchant Fraud Analyst to join us. As part of the, relatively new, Merchant Fraud team in Chicago you will be ...

Fraud Analyst

Rosemont, IL ยท Hybrid

$50K - $65K/yr

The Fraud Analyst will review available information and communicate regularly with the banks to minimize exposure, recovery of funds, and report fraud activity. All job duties will be completed in ...

Collaborate with Data Analytics and Data Engineering to detect, scale, and monitor fraud/abuse related behavior through key point indicators and data visualizations. * Establish protocols for ...

Head of Fraud Risk

Chicago, IL ยท On-site

$195K - $250K/yr

Experience with fraud analytics and data. * Strong vendor evaluation and management skills. You have selected, implemented, and replaced fraud tooling. * Experience defining KPIs and a fraud budget ...

Experience with fraud analytics and data. * Strong vendor evaluation and management skills. You have selected, implemented, and replaced fraud tooling. * Experience defining KPIs and a fraud budget ...

next page

Showing results 1-20

Fraud Analytics information

See Chicago, IL salary details

$16

$31

$65

How much do fraud analytics jobs pay per hour?

As of Aug 1, 2026, the average hourly pay for fraud analytics in Chicago, IL is $31.61, according to ZipRecruiter salary data. Most workers in this role earn between $21.78 and $34.90 per hour, depending on experience, location, and employer.

How does a Fraud Analytics professional typically collaborate with other departments within an organization?

Fraud Analytics professionals frequently work cross-functionally, partnering with teams such as IT, compliance, risk management, and customer service. They analyze data to identify suspicious activities and then communicate findings to relevant stakeholders, often participating in investigations or recommending process improvements. Effective collaboration ensures that fraud detection strategies stay up-to-date and align with broader organizational goals, making strong communication skills and teamwork essential for success in this role.

What does a fraud analyst do?

A fraud analyst investigates and detects fraudulent activities by analyzing transaction data, patterns, and behaviors to identify potential scams or security breaches. They use tools like data analysis software and may collaborate with law enforcement or financial institutions to prevent losses and improve fraud detection systems.

What is the difference between Fraud Analytics vs Fraud Prevention Specialist?

AspectFraud AnalyticsFraud Prevention Specialist
Primary FocusAnalyzing data to detect and predict fraudulent activitiesImplementing strategies and actions to prevent fraud
Skills & CertificationsData analysis, statistical tools, SQL, certifications like Certified Fraud Examiner (CFE)Customer service, risk management, fraud detection techniques, certifications like CFE
Work EnvironmentData analysis teams, financial institutions, tech companiesCustomer support centers, financial institutions, retail
GoalsIdentify patterns, develop models, improve detection accuracyReduce fraud incidents, enhance prevention measures

While both roles aim to combat fraud, Fraud Analytics focuses on analyzing data to identify and predict fraudulent activities, whereas Fraud Prevention Specialists implement measures to prevent fraud from occurring. Both roles often collaborate but serve different functions within fraud management strategies.

How much do fraud analysts earn?

Fraud analysts typically earn between $50,000 and $80,000 annually, depending on experience, location, and industry. Entry-level roles may start around $45,000, while experienced analysts with certifications can earn over $90,000. The role often requires skills in data analysis, fraud detection tools, and knowledge of financial regulations.

What are the key skills and qualifications needed to thrive as a Fraud Analytics professional, and why are they important?

To thrive in Fraud Analytics, you need strong analytical abilities, proficiency in statistics, and experience with data analysis, often supported by a degree in mathematics, statistics, computer science, or a related field. Familiarity with data mining tools, SQL, Python, machine learning platforms, and certifications like Certified Fraud Examiner (CFE) are typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data patterns and presenting findings to stakeholders. These skills are crucial for detecting fraudulent activities, minimizing financial risks, and supporting organizational integrity.

What does a fraud analyst make?

A fraud analyst typically earns a median annual salary ranging from $50,000 to $80,000, depending on experience, location, and industry. They analyze transaction data, use fraud detection tools, and may hold certifications like Certified Fraud Examiner (CFE) to identify and prevent fraudulent activities.

What is fraud analytics?

Fraud analytics is the process of using data analysis, statistical methods, and machine learning techniques to detect, prevent, and investigate fraudulent activities within an organization. Professionals in this field analyze large sets of transactional and behavioral data to identify patterns and anomalies that may indicate fraud. Fraud analytics is commonly used in industries such as banking, insurance, retail, and e-commerce to minimize financial losses and protect customers. The role often involves working with specialized software and collaborating with other teams to implement effective anti-fraud strategies.

Is fraud analysis a good career?

Fraud analysis is a growing field within risk management that involves detecting and preventing fraudulent activities using data analysis and investigative skills. It offers opportunities for advancement, requires knowledge of analytics tools, and often involves working in financial or e-commerce environments. The career can be stable and rewarding for those interested in security and data-driven decision making.
What are the most commonly searched types of Fraud Analytics jobs in Chicago, IL? The most popular types of Fraud Analytics jobs in Chicago, IL are:
What are popular job titles related to Fraud Analytics jobs in Chicago, IL? For Fraud Analytics jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Fraud Analytics jobs in Chicago, IL look for? The top searched job categories for Fraud Analytics jobs in Chicago, IL are:
Infographic showing various Fraud Analytics job openings in Chicago, IL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $65,746 per year, or $31.6 per hour.

Sr Associate, Fraud Analytics

Avant LLC

Chicago, IL โ€ข On-site

$100K - $130K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 7 days ago


Job description

Avant is looking for knowledgeable fraud professionals to join our Fraud Analytics team in Chicago. This position is critical in utilizing data to identify fraud trends, developing and deploying strategies to fight against fraud attacks across all channels of credit card transactions, and managing the performance of fraud strategies to meet the company KPIs.
What you do at Avant:
  • Develop and implement fraud rules using analytical methods like segmentation, predictive models, hypothesis testing, etc.
  • Use visualization tools like Databricks to build dashboards and monitor key performance indicators
  • Develop and implement ad hoc unsupervised learning models-including clustering algorithms (such as K-means)-to identify anomalous patterns and segment data for in-depth analysis in large, complex datasets
  • Use data to understand new ways of finding impactful insights from limited data sets and develop recommendations
  • Assist with data wrangling and automation of data pipelines for real time alerting and performance monitoring
  • Own and run key processes to reduce fraud losses.
  • Analyze data, create models/strategies, and recommend solutions for the latest fraud trends.
  • Work with stakeholders throughout the company to identify opportunities for leveraging company data and third-party vendor data to drive business solutions
  • Work with the team to measure impact and make updates to the model/strategies and services as needed.
  • Communicate results, explain behavior of models/strategies, and set appropriate expectations with stakeholders.
  • Strategize on building models and assist with deployments into production.
  • Doing ad-hoc analysis and presenting results in a clear manner to Sr. Management

Why you're a fit:
  • Bachelor's Degree in Technology, Statistics, Business Analytics, related field (Master's Or PHD preferred), or comparable experience
  • 5+ years of analytical experience in the consumer finance industry (Identity or Transactional fraud experience preferred)
  • 5+ years of experience leveraging data tools such as SQL, R, Python
  • 5+ years of experience conducting data analytics in a lending/banking organization
  • Ability to translate analysis results into clearly defined and implementable strategies/rules
  • Strong quantitative and problem-solving skills with key attention to detail
  • High level of inquisitiveness, initiative, and critical thinking
  • Ability to independently manage small to medium projects and provide support for larger projects, ensuring implementation and team collaboration.
  • Proven ability to effectively communicate with all levels of staff and management
  • Prior experience in statistics and machine learning modeling techniques through coursework or professional experience
  • Demonstrates sound judgment in selecting solutions and methods
  • Proven ability to communicate findings clearly to both technical and non-technical audiences

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.
Compensation Range:
The base salary range for this job is USD $100,000 - USD $130,000/ Year
Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.
[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]
This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.
Our benefits include:
  • Choice of great Medical, Dental, and Vision Insurance Plan options
  • 401(k) match
  • Flexible Time Off
  • Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)
  • Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program
  • Lunch Allowance (Fooda) and In-office Snacks
  • Summer Fridays
  • Fun In-Office and Virtual Social Events
  • And who doesn't love the swag

Check out our Avant Blog!
We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you're passionate about our mission and aligned to our values, we hope you'll come contribute to our awesome culture.
Why Avant is the place for you:
At Avant, we believe our values make a difference:
Authenticity. We show up to work as our whole selves and make sure others can too.
Collaboration. We can only succeed when we do so as a team.
Problem-Solving. The harder the problem, the more satisfying the solution.
Customer. We are all owners of the customer experience.
Initiative. Plan. Adapt. Get Sh!t Done.
We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.
To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.