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Fraud Manager Jobs in Elgin, IL (NOW HIRING)

This role focuses on managing fraud detection, investigation, and prevention processes to safeguard the bank's assets and maintain customer trust. The Team Lead will ensure compliance with regulatory ...

Technical Program Manager

Chicago, IL · On-site

$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 ...

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 ...

... managing risk. Our company-wide, data-driven culture means you spend less time presenting and more time on the fun part: crunching data. Key responsibilities: * Develop, deploy, and monitor models ...

Engineer

Rosemont, IL · On-site

$120K - $145K/yr

... and Fraud Management domain. * Proven experience delivering end-to-end implementations, enhancements, and production support activities in large banking or financial services environments. Core ...

Showing results 41-60

Fraud Manager information

See Elgin, IL salary details

$50.7K

$101.5K

$196.3K

How much do fraud manager jobs pay per year?

As of Sep 7, 2026, the average yearly pay for fraud manager in Elgin, IL is $101,469.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,600.00 and $143,600.00 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 Elgin, IL?

The most popular types of Fraud jobs in Elgin, IL are:

What are popular job titles related to Fraud Manager jobs in Elgin, IL?

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

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

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

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

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

Infographic showing various Fraud Manager job openings in Elgin, IL as of August 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $101,469 per year, or $48.8 per hour.

Banking Fraud Operations Team Lead

Servbank

Oswego, IL • On-site

$62K - $73K/yr

Full-time

Posted 17 days ago


Job description

Description:

The Banking Fraud Operations Team Lead is responsible for overseeing the day-to-day activities of the fraud operations team within a financial institution. This role focuses on managing fraud detection, investigation, and prevention processes to safeguard the bank’s assets and maintain customer trust. The Team Lead will ensure compliance with regulatory standards, foster a culture of vigilance, and drive continuous improvement in fraud operations.


About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.


Key Responsibilities:

· Lead, supervise, and mentor a team of fraud analysts and investigators, ensuring optimal performance and professional development.

· Coordinate and monitor daily fraud detection and investigation activities, prioritizing cases based on severity and impact.

· Develop, implement, and refine fraud prevention strategies, workflows, and policies to minimize risks and losses.

· Review and analyze fraud trends, patterns, and data to proactively identify emerging threats and vulnerabilities.

· Collaborate with other departments, such as compliance, risk management, and IT, to address fraud-related issues and ensure cross-functional alignment.

· Prepare and present regular reports on fraud cases, operational metrics, and team performance to senior management.

· Ensure all operations adhere to regulatory requirements, industry standards, and internal guidelines.

· Provide guidance and training to team members on best practices, investigative techniques, and new technologies.

· Handle escalated fraud cases and support complex investigations as needed.

· Drive process improvements and implement new tools or technologies to enhance fraud detection capabilities.

Requirements:


· Bachelor’s degree in finance, business administration, criminal justice, or a related field; advanced degree or certifications (e.g., CFE) are a plus.

· Minimum of 5 years’ experience in banking fraud operations, with at least 2 years in a team leadership or supervisory role.

· Strong knowledge of fraud detection methods, investigation procedures, and regulatory standards relevant to banking.

· Excellent analytical, problem-solving, and decision-making skills.

· Effective verbal and written communication skills, with the ability to present complex information clearly.

· Proficiency in relevant software, data analysis tools, and case management systems.

· Ability to manage multiple priorities, work under pressure, and maintain confidentiality.

· Demonstrated leadership, interpersonal, and team-building skills.


Work Location Requirement This position is designated as remote; however, if you reside within a 50-mile radius of one of our office locations, the role will be considered in-office and not eligible for remote work.    


EEO Statement:

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.