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Fraud Manager Jobs in Chicago, IL (NOW HIRING)

Avant LLC

Sr Associate, Fraud Analytics

Chicago, IL · On-site

$100K - $130K/yr

What you do at Avant: * Develop and implement fraud rules using analytical methods like ... Ability to independently manage small to medium projects and provide support for larger projects ...

Avant

Manager, Identity Fraud Strategy

Chicago, IL

$125K - $155K/yr

The Manager, Identity Fraud Strategy owns the design and continuous optimization of Avant's identity verification and authentication strategies. This role balances two competing priorities ...

Avant LLC

Manager, Identity Fraud Strategy

Chicago, IL · On-site

$125K - $155K/yr

The Manager, Identity Fraud Strategy owns the design and continuous optimization of Avant's identity verification and authentication strategies. This role balances two competing priorities ...

CIBC

Digital Fraud Analyst

Chicago, IL · On-site

$65K - $75K/yr

Experience using fraud monitoring systems and alert management tools. * Strong interpersonal and communication skills, with the ability to engage with individuals, ask insightful questions, and ...

Armaninollp

Director, Fraud & Forensics

Chicago, IL · On-site

Proactively manage all aspects of various dispute, fraud, and forensic and litigation support consulting engagements to ensure timely and excellent client service delivery * Assist in the preparation ...

FV Demo Company

Fraud Analyst

Chicago, IL · On-site

$15/hr

Customer Service Representative: Our company keeps growing! We continue to add senior leadership, recently to our Operations Center and Customer Experience team. Our goals this year include an ...

Kunai

Technical Program Manager

Chicago, IL

$132K - $172K/yr

Own the end to end delivery roadmap for payments authorization and fraud initiatives, from planning through go live * Coordinate across engineering, QA, risk, and business teams to keep dependencies ...

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All JobsFraud JobsFraud Manager JobsFraud Manager Jobs in Chicago, IL

Fraud Manager information

See Chicago, IL salary details

$52.5K

$105.2K

$203.5K

How much do fraud manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for fraud manager in Chicago, IL is $105,169.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $148,900.00 per year, depending on experience, location, and employer.

What does a fraud manager do?

A Fraud Manager oversees fraud prevention, detection, and investigation efforts within an organization. They analyze transactions, implement fraud detection systems, and develop strategies to minimize financial losses. Additionally, they collaborate with law enforcement, regulatory bodies, and internal teams to ensure compliance and risk mitigation. Their role is crucial in protecting a company's assets and maintaining customer trust.

What are the key skills and qualifications needed to thrive as a fraud manager?

To thrive as a Fraud Manager, you need a strong background in data analysis, risk management, and knowledge of financial regulations, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with fraud detection software, data analytics tools, and certifications such as Certified Fraud Examiner (CFE) are highly valued. Strong problem-solving, leadership, and communication skills help in managing teams and coordinating investigations. These competencies are crucial to effectively detect, prevent, and respond to fraudulent activities within an organization.

What are some typical challenges faced by fraud managers in their daily work?

Fraud Managers often encounter challenges such as adapting to evolving fraud tactics, balancing thorough investigations with timely responses, and managing large volumes of alerts or suspicious activity. Staying current with regulatory changes and emerging financial crime trends is essential, as is collaborating with cross-functional teams including IT, compliance, and legal departments. These demands require a proactive approach and continuous professional development to ensure ongoing protection of the organization’s assets. Overcoming these challenges is both demanding and rewarding, offering opportunities for career advancement and recognition.

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 Manager jobs in Chicago, IL?

For Fraud Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Fraud Manager jobs in Chicago, IL look for?

The top searched job categories for Fraud Manager jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Fraud Manager jobs?

Cities near Chicago, IL with the most Fraud Manager job openings:

Fraud Manager jobs near you
Infographic showing various Fraud Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $105,169 per year, or $50.6 per hour.

Sr Associate, Fraud Analytics

Avant LLC

Chicago, IL • On-site

$100K - $130K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 9 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.

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