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Fraud Risk Management Jobs in Illinois (NOW HIRING)

NorthShore

Assistant Vice President, Audit

Warrenville, IL · On-site

$90.48 - $140.24/hr

Change management within the audit team and identifying technology needs and developing and ... Develop a Fraud Risk Program with Legal and Finance. * Embed fraud risk assessments into every ...

Genpact

Director - IT Risk Management

Chicago, IL · On-site

$100K - $125K/yr

... Fraud Examiner (CFE), etc Preferred Qualification * Experiences in providing Risk & Advisory ... Built / reviewed Third-Party Risk Management Frameworks, including focused on Information Security ...

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 ... credit risk management * Strong business judgment, leadership and integrity: He/she should be a ...

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Fraud Risk Management information

See Illinois salary details

$49.9K

$108.1K

$164.7K

How much do fraud risk management jobs pay per year?

As of Jun 15, 2026, the average yearly pay for fraud risk management in Illinois is $108,101.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced in Fraud Risk Management roles and how are they addressed?

Professionals in Fraud Risk Management often face challenges such as staying ahead of constantly evolving fraud tactics, analyzing large volumes of transactional data, and ensuring compliance with regulatory standards. To address these challenges, teams typically employ advanced analytic tools, collaborate cross-functionally with IT and compliance departments, and engage in continuous training to stay updated on emerging threats. The work environment is dynamic and may involve both independent analysis and team-based investigations, fostering a culture of vigilance and proactive risk mitigation. This dynamic landscape offers professionals the opportunity to develop specialized expertise and grow into senior risk or leadership roles over time.

Is fraud a good career?

Fraud risk management is a growing field that involves detecting and preventing financial crimes, often requiring skills in data analysis, investigation, and knowledge of compliance standards. It offers opportunities for advancement and specialization, with roles in various industries such as banking, insurance, and retail. Success in this career typically depends on certifications like Certified Fraud Examiner (CFE) and staying updated on emerging fraud schemes.

How much does a Risk Manager get paid?

A Risk Manager's average salary typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Professionals in fraud risk management often require strong analytical skills and certifications like FRM or CRM to advance and increase earning potential.

What are the key skills and qualifications needed to thrive in the Fraud Risk Management position, and why are they important?

To thrive in Fraud Risk Management, you need strong analytical skills, attention to detail, and a solid understanding of financial systems, often supported by degrees in finance, accounting, or related fields. Familiarity with fraud detection software, data analysis tools like SQL or SAS, and industry certifications such as CFE (Certified Fraud Examiner) are highly valued. Excellent communication, problem-solving abilities, and ethical integrity are critical soft skills for collaborating with teams and handling sensitive investigations. These skills and qualities are essential to effectively identify, investigate, and mitigate fraud risks, protecting organizational assets and maintaining compliance.

What does a fraud Risk Manager do?

A Fraud Risk Manager is responsible for developing and implementing strategies to detect, prevent, and respond to fraudulent activities within an organization. They analyze data, monitor transactions, and collaborate with other departments to reduce financial losses and ensure compliance with regulations. Strong analytical skills and knowledge of fraud detection tools are essential for this role.

What is a Fraud Risk Management job?

A Fraud Risk Management job involves identifying, assessing, and mitigating risks related to fraudulent activities within an organization. Professionals in this role develop and implement policies, controls, and monitoring systems to prevent fraud and financial crimes. They work closely with compliance, legal, and operational teams to investigate suspicious activities and ensure regulatory compliance. The goal is to minimize financial losses and protect the organization's reputation.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills, especially in financial services or large corporations.
What are the most commonly searched types of Fraud Risk Management jobs in Illinois? The most popular types of Fraud Risk Management jobs in Illinois are:
What are popular job titles related to Fraud Risk Management jobs in Illinois? For Fraud Risk Management jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Fraud Risk Management jobs in Illinois look for? The top searched job categories for Fraud Risk Management jobs in Illinois are:
Fraud Risk Management jobs near you
Infographic showing various Fraud Risk Management job openings in Illinois as of June 2026, with employment types broken down into 1% Internship, 1% As Needed, 88% Full Time, 9% Part Time, and 1% Temporary. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $108,101 per year, or $52 per hour.

Senior eCommerce Fraud & Compliance Specialist

Awin

Chicago, IL • On-site

$75K - $85K/yr

Full-time

Posted 18 days ago

Job description

Purpose of Position
The Senior Network Quality Intelligence Specialist plays a critical role in safeguarding the integrity, trust, and commercial viability of the Awin network. This role goes beyond standard investigation and operational support, requiring deep expertise in affiliate marketing, tracking technologies, and fraud methodologies.
This individual will lead complex fraud investigations, proactively identify emerging risks, and contribute to the design and evolution of network-wide fraud prevention strategies. They will act as a subject matter expert (SME) within the Network Quality team, supporting both day-to-day operations and higher-level strategic initiatives.
The role requires a strong analytical and data-driven mindset, with the ability to interpret complex datasets, understand attribution mechanics (CPA, CPC, hybrid models), and identify nuanced patterns of abuse across the affiliate ecosystem. The ideal candidate brings hands-on experience in affiliate fraud, understands how bad actors operate, and can translate that knowledge into scalable detection and prevention mechanisms.
Compensation Range: $75k - 85k /annually
Key Responsibilities
Advanced Fraud Investigation & Risk Management
  • Lead complex, high-impact fraud investigations across publishers, partners, and traffic sources.
  • Identify sophisticated fraud schemes (e.g., attribution manipulation, cookie stuffing, incentive abuse, lead fraud, paid search abuse, extension-based activity, etc.).
  • Act as an escalation point for challenging or ambiguous cases within the team.
  • Make informed enforcement decisions balancing risk, commercial impact, and fairness.

Publisher & Partner Risk Assessment
  • Conduct in-depth reviews of publisher business models, traffic acquisition strategies, and monetization methods.
  • Evaluate CPA, CPC, and hybrid performance models for risk exposure and abuse potential.
  • Monitor lifecycle and behavioral signals across publisher activity to proactively identify risks.
  • Partner closely with internal stakeholders to assess onboarding and ongoing publisher quality.

Data-Driven Analysis & Monitoring
  • Perform advanced data analysis using tools such as SQL, Power BI, DataBricks, or equivalent platforms.
  • Build and refine repeatable analytical frameworks for fraud detection and monitoring.
  • Translate data insights into actionable recommendations and controls.

Fraud Detection Strategy & Process Development
  • Contribute to the development and enhancement of fraud detection methodologies, including rule-based systems and data-driven approaches.
  • Identify gaps in current processes and propose scalable improvements.
  • Collaborate on the evolution of network policies and enforcement frameworks.
  • Support the integration of new tools, automation, and AI/ML-assisted detection methods where applicable.

Tracking, Attribution & Technical Expertise
  • Develop and apply deep understanding of affiliate tracking mechanisms, including:
    • Cookie-based attribution
    • Server-side tracking
    • Redirect flows and link structures
    • Cross-device and cross-channel attribution challenges
  • Analyze how tracking setups can be exploited and recommend mitigation strategies.
  • Support internal teams and clients in understanding tracking-related risks and limitations.

Stakeholder Advisory & Cross-Functional Collaboration
  • Act as a trusted advisor to Account Managers, Account Directors, and other related teams on fraud and network quality topics.
  • Provide clear, data-backed guidance to advertisers and partners on risk mitigation and best practices.
  • Translate complex technical findings into clear, commercially relevant insights.
  • Support training and knowledge sharing within the team to elevate overall expertise.

Operational Excellence
  • Support day-to-day case handling where needed, while driving efficiency improvements in workflows.
  • Ensure consistent documentation of investigations, decisions, and learnings.
  • Balance operational responsibilities with strategic contributions to the team.

Skills & Technical Expertise Requirements
  • 3+ years of experience in affiliate marketing, fraud prevention, adtech, or risk/compliance roles within digital ecosystems.
  • Strong, hands-on experience with affiliate fraud detection and prevention, including knowledge of common fraud tactics and evolving methodologies.
  • Deep understanding of CPA, CPC, and performance-based marketing models.
  • Strong knowledge of affiliate tracking technologies, attribution logic, and conversion flows.
  • Advanced analytical capabilities with experience in:
    • SQL or equivalent query-based analysis
    • Data visualization tools (Power BI, Tableau, etc.)
  • Proven ability to analyze complex datasets and identify non-obvious patterns.
  • Experience working with fraud detection tools, web intelligence platforms (e.g., SimilarWeb), and tracking diagnostics.
  • Familiarity with AI/ML concepts in fraud detection is a plus.
  • Experience with workflow/ticketing systems (e.g., Salesforce, Zendesk, Asana).
  • Strong problem-solving skills with a proactive, investigative mindset.
  • Ability to operate independently and take ownership of complex issues.
  • Fluency in English is required (C1+ level), additional languages (e.g., German) are a plus

Our Offer
  • Flexi-Week and Work-Life Balance: We prioritise your mental health and wellbeing, offering you a flexible four-day Flexi-Week at full pay and with no reduction to your annual holiday allowance. We also offer a variety of different paid special leaves.
  • Remote Working Allowance: You will receive a monthly allowance to cover part of your running costs. In addition, we will support you in setting up your remote workspace appropriately.
  • Flexi-Office: We offer an international culture and flexibility through our Flexi-Office and hybrid/remote work possibilities to work across Awin regions
  • Development: We've built our extensive training suite Awin Academy to cover a wide range of skills that nurture you professionally and personally, with trainings conveniently packaged together to support your overall development.

Established in 2000, Awin is proud of our dynamic, social and inclusive culture.
Like all businesses, we've had to adapt and nurture our culture in a virtual environment. Our virtual 'Life @ Awin' hub brings our colleagues from across the globe together for various social activities.
Diversity & Inclusion are paramount to us, and we proudly pursue and hire diverse team members. We champion uniqueness and authenticity; this is who we are at our core. Our network of affiliate partnerships are diverse and transparent, as are the employees powering our vision to build the world's leading open partner ecosystem. We welcome all backgrounds, identities, and experiences. If you need support at any point in the application or interview process, please let us know.
Awin is part of the Axel Springer group. Learn more at axelspringer.com/en/, and explore the Axel Springer Essentials here: axelspringer.com/en/inside/the-essentials-what-we-have-adapted-and-why
Apply now to begin the next stage of your career at a progressive company that supports both your professional and personal development.
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