ZipRecruiter

Log In

1

Fraud Associate Jobs in Chicago, IL (NOW HIRING)

Avant LLC

Sr Associate, Fraud Analytics

Chicago, IL · 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

Sr Associate, Fraud Analytics

Chicago, IL

$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 ...

FV Demo Company

Fraud Analyst

Chicago, IL · On-site

$15/hr

Bachelor's or Associates degree preferred What We Offer : As a Customer Service Representative, you will be working a full-time position with a starting pay of $15/hr in a growing industry with a ...

Capital One

Sr. Business Manager - Fraud

Chicago, IL · On-site

Sr. Business Manager - Fraud Summary: Summary: The Sr. Business Manager will be a member of the ... Coaching and mentoring associates throughout the organization with a goal of developing and ...

JCPenney

Asset Protection Associate - Yorktown S/C

Lombard, IL · On-site

$16.25 - $21.50/hr

Shrink Observer Observes activities to detect theft, fraud, or suspicious activity; collects ... Proactively identifies potential acts of theft and fraud by observing associate/customer activity ...

JCPenney

Asset Protection Associate - Golf Mill S/C

Niles, IL · On-site

$16.50 - $22/hr

Shrink Observer Observes activities to detect theft, fraud, or suspicious activity; collects ... Proactively identifies potential acts of theft and fraud by observing associate/customer activity ...

5 Legal

Health Care Associate

Chicago, IL · On-site

Top AmLaw 100 law firm seeks an associate to join the Health Care & Life Sciences practice in their ... fraud and abuse, advertising and promotion, and clinical research. Experience negotiating ...

FV Demo Company

Fraud Agent

Chicago, IL

$15/hr

Bachelor's or Associates degree preferred What We Offer : As a Customer Service Representative, you will be working a full-time position with a starting pay of $15/hr in a growing industry with a ...

next page

Showing results 1-20

All JobsFraud Associate JobsFraud Associate Jobs in Chicago, IL

Fraud Associate information

See Chicago, IL salary details

$9

$17

$28

How much do fraud associate jobs pay per hour?

As of Jul 14, 2026, the average hourly pay for fraud associate in Chicago, IL is $17.65, according to ZipRecruiter salary data. Most workers in this role earn between $14.38 and $19.81 per hour, depending on experience, location, and employer.

What does a Fraud Associate do?

A Fraud Associate is responsible for detecting, investigating, and preventing fraudulent activities within an organization, typically in the financial or retail sectors. They monitor transactions, analyze data for suspicious patterns, and work closely with other departments to resolve potential fraud cases. Additionally, Fraud Associates may communicate with customers to verify account activity and assist law enforcement with investigations. Their goal is to minimize financial losses and protect the company and its clients from fraud.

What is associate fraud?

Associate fraud refers to fraudulent activities or schemes carried out by employees or partners within an organization, often involving the misuse of access or authority to commit theft, deception, or financial crimes. Fraud associates typically need strong attention to detail, knowledge of internal controls, and may use tools like fraud detection software to identify suspicious activity.

Is fraud a good career?

A career as a Fraud Associate involves investigating and preventing financial crimes, requiring attention to detail and analytical skills. It can offer stable employment and opportunities for advancement, especially with relevant certifications and experience in fraud detection tools. However, the job can be stressful due to the nature of the work and the need for ongoing training to stay current with fraud schemes.

What does an associate fraud investigator do?

An associate fraud investigator reviews and analyzes transactions to detect and prevent fraudulent activity. They use tools like fraud detection software and follow established procedures to investigate suspicious cases, often working with law enforcement or financial institutions to resolve issues efficiently.

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

To thrive as a Fraud Associate, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field. Familiarity with fraud detection software, data analysis tools, and relevant certifications such as CFE (Certified Fraud Examiner) are often required. Excellent communication, critical thinking, and problem-solving abilities help you effectively investigate suspicious activity and work with cross-functional teams. These skills are vital to accurately identify and mitigate fraudulent activities, protecting the organization and its clients from financial loss.

What are some typical challenges a Fraud Associate faces when investigating suspicious transactions?

Fraud Associates often encounter challenges such as distinguishing between genuine customer behavior and fraudulent activity, especially when dealing with sophisticated scams. Balancing the need for thorough investigation with the urgency to minimize customer disruption can also be demanding. Additionally, keeping up with evolving fraud tactics and leveraging new detection technologies requires continuous learning and adaptability. Collaboration with other departments, like customer service and IT, is essential to ensure accurate and timely resolution of cases.

What qualifications do I need to work in fraud?

To work as a Fraud Associate, candidates typically need a high school diploma or equivalent, with some roles preferring a bachelor's degree in finance, accounting, or a related field. Strong analytical skills, attention to detail, and familiarity with fraud detection tools or software are important, along with good communication skills. Certifications such as Certified Fraud Examiner (CFE) can enhance prospects but are not always required.
What are the most commonly searched types of Fraud jobs in Chicago, IL? The most popular types of Fraud jobs in Chicago, IL are:
What are popular job titles related to Fraud Associate jobs in Chicago, IL? For Fraud Associate jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Fraud Associate jobs in Chicago, IL look for? The top searched job categories for Fraud Associate jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Fraud Associate jobs? Cities near Chicago, IL with the most Fraud Associate job openings:
Fraud Associate jobs near you
Infographic showing various Fraud Associate job openings in Chicago, IL as of July 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $36,721 per year, or $17.7 per hour.
Payment Systems Fraud Specialist

Payment Systems Fraud Specialist

First Northern Credit Union

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Fraud Specialist

First Northern Credit Union, is a $300 million+, 22,000-member credit union. We're looking for a dynamic individual with Fraud experience, and high energy to join our team!

  • Manage our 24/7 fraud monitoring services. You will need to ensure that alerts pertaining to suspicious fraud are monitored during weekends and date(s) we are closed when they are most likely to occur
  • Review daily monitoring reports and alerts for suspicious (improper, unusual or irregular) activity and identify the activity that indicates evidence of fraud and fraud risk
  • Investigate patterns of potential fraud and act swiftly to mitigate potential loss
  • Disseminate information regarding current frauds or scams to appropriate staff
  • Perform transactional analysis
  • Work collaboratively with Internal Audit, as well as other departments regarding operating controls and fraud resolution
  • Assist in the preparation of internal reports of investigations, identify procedural and control weaknesses and make recommendations to prevent future losses
  • Assist Investigators in the research and resolution of fraud examination
  • Act as an internal fraud consultant to various departments
  • Process Fraud and Chargeback transactions with Processors and maintain detailed reports
  • Other duties and assignments as required by management
  • Must adhere to pertinent laws, regulations and external compliance requirements.
  • Track fraud alerts received from various sources
  • Manage compromise alerts determining when reissues and card closures are required
  • Responsible for Payment Systems phone queue during downtime

Successful candidates:

Be a Subject Matter Expert in specific or general areas of Fraud. A working knowledge of applicable banking regulations such as the Bank Secrecy Act, FACT Act Red Flags Reg E. Knowledge of credit union operational procedures relating to processing and manipulation of transactions with knowledge related to how fraud is perpetrated.

  • Knowledge of Reg E Dispute Resolution
  • Knowledge of Visa Chargeback Rules and Fraud processes
  • Knowledge of NACHA Unauthorized ACH Rules
  • Knowledge of techniques used to commit fraud as identified through detailed transactional analysis
  • Ability to detect potential or actual fraudulent transactions through analysis of large volumes of transactional data
  • Maintain understanding of all types of fraud, fraud trends and best practices for fraud prevention and detection
  • Could effectively motivate and influence others
  • Have excellent verbal and written communication skills
  • Possess a strong ability to work independently, with little supervision
  • Are professionals in conduct and communication
  • Could address stressful situations with courtesy and tact
  • Have friendly, outgoing personalities
  • Have a consistent employment record

FNCU provides employees with a professional yet comfortable work environment, competitive compensation, and paid time off. Full-time employees are eligible for a comprehensive employee benefits package.

  • Paid Holidays
  • Paid Time Off
  • Health, Dental, and Vision Insurance
  • Employer paid Life Insurance, Short-Term and Long-Term Disability
  • Annual employer discretionary 401K contribution
  • 401K Retirement Plan, with employer matching
  • Annual discretionary bonus
  • Company events/quarterly luncheons

Pay commensurate with relevant experience.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER

Job Type: Full-time

Experience:

  • Minimum two years of experience in a fraud/loss prevention type function/like experience or a combination of three years of experience within various related roles (Branch, fraud, security or other back-office functions)

Minimum Education:

  • Associate (Required)

Work authorization:

  • United States (Required)

EOE

Drug-free environment

M/F/D/V

Apply