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Fraud Operations Analyst Jobs in Chicago, IL (NOW HIRING)

tastytrade

Fraud Analyst

Chicago, IL · Hybrid

$80K - $100K/yr

Who You Are: * 3-5 years of experience in fraud analysis, fraud operations, or transaction monitoring, ideally within a broker-dealer, fintech, or financial services environment * Proven track record ...

tastylive

Fraud Analyst

Chicago, IL · Hybrid

$80K - $100K/yr

Who You Are: * 3-5 years of experience in fraud analysis, fraud operations, or transaction monitoring, ideally within a broker-dealer, fintech, or financial services environment * Proven track record ...

tastytrade

Fraud Analyst

Chicago, IL · On-site

$80K - $100K/yr

Who You Are: * 3-5 years of experience in fraud analysis, fraud operations, or transaction monitoring, ideally within a broker-dealer, fintech, or financial services environment * Proven track record ...

tastylive

Fraud Analyst

Chicago, IL · On-site

$80K - $100K/yr

Who You Are: * 3-5 years of experience in fraud analysis, fraud operations, or transaction monitoring, ideally within a broker-dealer, fintech, or financial services environment * Proven track record ...

Cypress HCM

Cyber Fraud Investigations Analyst

Chicago, IL · Remote

$40 - $49.14/hr

Cyber Fraud Investigations Analyst Job Details * Cyber Fraud Investigations Analyst (Contract ... Experience in Fraud Operations or Investigations is required. * Experience in commerce/transaction ...

Byline Bank.

Fraud Analyst II (Chicago, IL)

Chicago, IL · On-site

$61K - $76K/yr

The Fraud Analyst II serves as a senior fraud investigator and subject matter expert responsible ... Collaborates with Fraud Operations, Anti-Money Laundering, Compliance, Risk Management, Security ...

Doist

Senior Data Scientist - Fraud (Hybrid)

Chicago, IL · On-site

$96 - $125/hr

Conduct ad hoc analysis on large, complex datasets to scope new or changing fraud trends and recommend risk, verification, and operational strategies * Communicate findings clearly to cross ...

Citizens

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Collaborate with operations and product teams to ensure well-defined objective functions which are ... fraud analytics, fraud risk management, or financial crime data science * Strong experience with ...

Citizens

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Collaborate with operations and product teams to ensure well-defined objective functions which are ... fraud analytics, fraud risk management, or financial crime data science * Strong experience with ...

Citizens

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Collaborate with operations and product teams to ensure well-defined objective functions which are ... fraud analytics, fraud risk management, or financial crime data science * Strong experience with ...

Citizens

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Collaborate with operations and product teams to ensure well-defined objective functions which are ... fraud analytics, fraud risk management, or financial crime data science * Strong experience with ...

SquareTrade

Fraud Strategy Lead

Chicago, IL

Analyze fraud vectors across SquareTrade's platform including both first party and third party ... Paner with Fraud Operations to support alignment on policies, procedures, and investigative ...

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Fraud Operations Analyst information

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How much do fraud operations analyst jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for fraud operations analyst in Chicago, IL is $31.63, according to ZipRecruiter salary data. Most workers in this role earn between $21.83 and $34.95 per hour, depending on experience, location, and employer.

Are fraud operations analyst jobs in high demand?

Fraud operations analyst jobs are in high demand due to the increasing need for organizations to detect and prevent financial crimes. These roles often require skills in data analysis, fraud detection tools, and knowledge of financial regulations, making them a valuable part of risk management teams across various industries.

What is the difference between Fraud Operations Analyst vs Fraud Investigator?

AspectFraud Operations AnalystFraud Investigator
CredentialsTypically requires a bachelor’s degree in finance, criminal justice, or related field; certifications like CFE or ACFE are commonSimilar credentials; often holds certifications like CFE or ACFE
Work EnvironmentAnalyzes data, monitors fraud patterns, and implements prevention strategies in a corporate settingConducts investigations, interviews, and gathers evidence, often in a law enforcement or corporate environment
Employer & IndustryFinancial institutions, e-commerce, and retail companiesFinancial institutions, law enforcement agencies, and corporate security teams

While both roles focus on combating fraud, the Fraud Operations Analyst primarily monitors and analyzes fraud data to prevent future incidents, whereas the Fraud Investigator actively investigates specific fraud cases and gathers evidence for potential legal action.

What are the key skills and qualifications needed to thrive as a fraud operations analyst, and why are they important?

To thrive as a Fraud Operations 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 tools, data analysis software, and case management systems is typically required, as well as relevant certifications like Certified Fraud Examiner (CFE). Excellent problem-solving abilities, communication, and the capacity to work under pressure are standout soft skills in this role. These skills are crucial for accurately identifying fraudulent activity, minimizing financial risk, and maintaining trust in organizational operations.

What does a fraud operations analyst do?

A Fraud Operations Analyst is responsible for detecting, investigating, and preventing fraudulent activities within an organization, often in banking or financial services. They monitor transactions, analyze suspicious patterns, and use specialized software to identify potential fraud. Their role also includes reporting findings, collaborating with other departments, and sometimes working with law enforcement to resolve cases. By proactively addressing fraud risks, they help protect the company and its customers from financial losses.

How much does a fraud operations analyst get paid?

The average salary for a fraud operations analyst typically ranges from $50,000 to $80,000 per year, depending on experience, location, and the size of the organization. Entry-level roles may start lower, while experienced analysts with certifications or specialized skills can earn higher salaries. Compensation often includes benefits such as health insurance and performance bonuses.

What are some common challenges faced by fraud operations analysts, and how can applicants prepare for them?

Fraud Operations Analysts often encounter the challenge of distinguishing between legitimate and suspicious transactions in real time, which requires strong analytical skills and attention to detail. They may also need to manage a high volume of alerts while meeting strict deadlines, making time management and prioritization essential. To prepare, applicants should familiarize themselves with current fraud trends, practice using analytical tools, and develop clear communication skills, as the role frequently involves collaborating with other departments such as compliance and customer service.

What are popular job titles related to Fraud Operations Analyst jobs in Chicago, IL?

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

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

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

Fraud Operations Analyst jobs near you
Infographic showing various Fraud Operations Analyst job openings in Chicago, IL as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $65,798 per year, or $31.6 per hour.

Fraud Operations Analyst (Hybrid)

Enova International

Chicago, IL

$21 - $26/hr

Full-time

Re-posted 20 hours ago

Enova International rating

6.8

Company rating: 6.8 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas or take over sponsorship at this time.

About the role:

To be a successful Fraud Operations Analyst at Enova, one must have an innate desire to dig deeper, and a willingness to go above and beyond in an effort to protect our products from falling victim to various fraud attempts. On a typical day, your co-workers will find you executing complex, in-depth investigations on suspicious applications as well as using technology-based tools to improve current fraud monitoring and detection systems utilizing SQL and Excel. Managers and key executives will need to depend on your skills and knowledge to ensure the health of the business is being maintained from the fraud risk perspective. Cross-functional projects are highly encouraged and vital to the Fraud Operation Analyst role, as well as assisting in improving our underwriting and verification processes. Innovation is the key in being able to successfully combat fraudsters, so we are seeking a candidate with an imaginative mind who can shed new light on intuitive ways to fight fraud.

Responsibilities:

  • To monitor, and investigate any suspicious applications and loans for one or more of our products
  • Work cross-functionally with other departments to improve procedures, and/or provide advice from a fraud risk perspective
  • Maintain reports specific to your designated products, and know when to escalate any potential issues that arise, as well as which teams needs to be notified
  • Ability to multitask, and mitigate fraud for potentially up to 3 brands

Requirements:

  • 1+ years of relevant fraud experience, preferred 
  • Working knowledge of MS Office applications
  • Highly self-motivated, and willingness to build networks/relationships with other departments
  • Naturally inquisitive, and desire to gain business insight, information and understanding
  • Willingness to do what it takes to respond to urgent projects, reports, or issues
  • Excellent written and oral communication skills to succinctly and accurately communicate issues and recommendations
  • Ability to derive actionable insights from large, complex data sets and take initiative
  • Willingness to participate in a rotating on-call schedule with variable weekend availability.
  • Bachelor's degree or equivalent experience, preferred

Compensation:

The budgeted hourly rate range for this position is $21 to $26. Actual rate will be determined based on qualifications, skills, experience, and level assessed during the hiring process and may fall outside of the range shown. Additional compensation for this role may include a bonus. All full-time employees are eligible to participate in Company benefits, described in more detail here.

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