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Fraud Risk Manager Jobs in Massachusetts (NOW HIRING)

Flexcar LLC

Risk Data Scientist

Boston, MA · On-site

About the Role Flexcar is seeking a Risk Data Scientist to manage model-driven approaches to credit, accident, and fraud risk. We're looking for someone who can own the full lifecycle of our risk ...

Flexcar

Risk Data Scientist

Boston, MA · On-site

About the Role Flexcar is seeking a Risk Data Scientist to manage model-driven approaches to credit, accident, and fraud risk. We're looking for someone who can own the full lifecycle of our risk ...

Flexcar

Risk Data Scientist

Boston, MA · On-site

About the Role Flexcar is seeking a Risk Data Scientist to manage model-driven approaches to credit, accident, and fraud risk. We're looking for someone who can own the full lifecycle of our risk ...

Mass Bay Credit Union

Operations Representative

Boston, MA · On-site

$25.42 - $31.06/hr

Large dollar drafts reviewed to mitigating fraud risk, if needed verified with the member. Review ... Prior experience with Fraud Management preferred.Excellent internal service skills with ability to ...

Grasshopper Bank

Fintech Risk Analyst

Boston, MA · On-site

Risk Management Employment Type: Full Time Location: Remote Description Grasshopper Bank is a ... fraud) and regulatory compliance (account opening, account maintenance and disclosures, bank ...

Needham Bank

Fraud Operations Team Lead

Medford, MA · On-site

$69K - $90K/yr

... managing fraud or risk teams. * Hands-on experience with fraud detection systems and AI/ML-driven analytics tools. * Strong understanding of banking products and fraud typologies (card fraud, account ...

Needham Bank

Fraud Operations Team Lead

Medford, MA · On-site

$69K - $90K/yr

... managing fraud or risk teams. * Hands-on experience with fraud detection systems and AI/ML-driven analytics tools. * Strong understanding of banking products and fraud typologies (card fraud, account ...

Staples, Inc.

Cyber Fraud Analyst II

Framingham, MA

The Cyber Fraud Analyst II is a dynamic and critical role focused on safeguarding Staples against a ... Experience working closely with cybersecurity operations, threat detection, or risk management ...

Staples, Inc.

Cyber Fraud Analyst II

Framingham, MA · On-site

The Cyber Fraud Analyst II is a dynamic and critical role focused on safeguarding Staples against a ... Experience working closely with cybersecurity operations, threat detection, or risk management ...

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Showing results 21-40

All JobsFraud Risk JobsFraud Risk Manager JobsFraud Risk Manager Jobs in Massachusetts

Fraud Risk Manager information

See Massachusetts salary details

$56.2K

$121.8K

$185.7K

How much do fraud risk manager jobs pay per year?

As of Sep 12, 2026, the average yearly pay for fraud risk manager in Massachusetts is $121,833.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $140,900.00 per year, depending on experience, location, and employer.

What does a fraud risk manager do?

A Fraud Risk Manager is responsible for identifying, assessing, and mitigating the risk of fraud within an organization. They develop and implement policies, procedures, and controls to prevent and detect fraudulent activities. Their work often involves analyzing data for suspicious patterns, investigating incidents of fraud, and providing training to staff on fraud prevention. Ultimately, they help safeguard the organization's assets and reputation by minimizing the impact of fraudulent activities.

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

To excel as a Fraud Risk Manager, you need expertise in fraud detection, risk assessment, and knowledge of financial regulations, often supported by a degree in finance, accounting, or a related field. Familiarity with data analytics tools, fraud management platforms, and certifications like CFE (Certified Fraud Examiner) are highly valuable. Strong analytical thinking, problem-solving, and effective communication skills help you collaborate across departments and respond swiftly to emerging threats. These skills and qualifications are vital for proactively identifying, mitigating, and preventing fraudulent activities that could harm an organization’s reputation and finances.

How does a fraud risk manager typically collaborate with other departments to mitigate risks?

Fraud Risk Managers work closely with multiple departments such as compliance, IT, internal audit, and customer service to identify, assess, and address potential fraud risks. They frequently coordinate with data analysts to monitor transactions for suspicious activity and partner with legal teams to ensure regulatory compliance. Regular cross-functional meetings and training sessions are common, allowing them to share insights, update protocols, and respond quickly to emerging threats. Effective communication and teamwork are essential, as fraud prevention is a collaborative effort across the organization.

What is the difference between Fraud Risk Manager vs Fraud Analyst?

AspectFraud Risk ManagerFraud Analyst
CredentialsCertifications like CFE, CRCM; Bachelor's degree in finance, accounting, or related fieldSimilar certifications; Bachelor's degree often required
Work EnvironmentOversees fraud prevention strategies, manages teams, develops policiesConducts investigations, analyzes data, detects fraud patterns
Industry UsageUsed in banking, finance, insurance, and retail sectorsCommonly employed in similar industries for fraud detection

The Fraud Risk Manager focuses on developing and overseeing fraud prevention strategies, managing teams, and implementing policies. In contrast, the Fraud Analyst primarily conducts investigations, analyzes data, and detects fraudulent activities. Both roles require similar credentials and are vital in fraud prevention within financial and retail sectors, but they differ in scope and responsibilities.

How much do fraud risk managers make in the US?

Fraud risk managers in the US typically earn between $80,000 and $130,000 annually, with median salaries around $100,000. Compensation varies based on experience, industry, and location, and professionals often hold certifications like Certified Fraud Examiner (CFE).

What cities in Massachusetts are hiring for Fraud Risk Manager jobs?

Cities in Massachusetts with the most Fraud Risk Manager job openings:

Fraud Risk Manager jobs near you
Infographic showing various Fraud Risk Manager job openings in Massachusetts as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $121,833 per year, or $58.6 per hour.

Risk Data Scientist

Boston, MA • On-site

Flexcar LLC
Personal Services • 51 - 200 employees
Learn more about Flexcar LLCexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 8 days ago

Job description

Job Title: Risk Data Scientist
Location: Downtown Boston - Preferred Onsite-CA/GA/TX -Optional Onsite hub locations
Employment Type: Exempt Full Time
Compensation: $112,000 - $155,000 + Full Benefit Package Day One
At Flexcar, our mission is to make car ownership flexible, affordable, and enjoyable for everyone. We've created a month-to-month option that is more affordable than buying and more flexible than leasing. Our members are saving money and choosing a model that fits how real life actually works. Building a better model of car ownership takes more than technology. It takes people who value clarity, fairness, and real human experience. About the Role
Flexcar is seeking a Risk Data Scientist to manage model-driven approaches to credit, accident, and fraud risk. We're looking for someone who can own the full lifecycle of our risk modeling stack: building and calibrating models, managing the platforms they run on, and translating results into actionable recommendations. This is a hands-on individual contributor role. You'll work closely with our Risk, Finance, Product, and Operations teams and have significant influence over how we balance growth against risk exposure.
The models you build matter, and you'll see their results in real performance data. Flexcar's unique set of data provides an exciting arena to find signals in new and creative ways. The role spans modeling, platform management, and analytics, which means no two weeks look the same. If you want immediate impact and ownership across a full risk stack, this is the fit for you.What You'll DoRisk Modeling & Model Development with AI
  • Build, refine, and maintain eligibility models and risk scoring frameworks used to make real-time application decisions using the latest AI tools
  • Balance multiple initiatives at once, collaborating across the organization to rapidly solve problems through applied data science
  • Own calibration and ongoing improvement of our Safe Driving Score and related behavioral risk models
  • Lead feature selection, target variable development, and model validation
  • Collaborate with stakeholders to set risk thresholds that balance growth with loss targets
Model Platform & Vendor Integration
  • Manage our modeling environment and maintain our orchestration platform, where all risk models and decision workflows live
  • Monitor data quality and technical integrations with data vendors across fraud, credit, debt, public records, and driving history, working with our Data Engineering and data pipelines are current and models are ingesting the right inputs
  • Partner with engineering and vendor technical teams when API changes or new data sources require updates that would benefit our modeling strength
Monitoring & Analysis
  • Monitor the performance of deployed risk frameworks against key metrics
  • Identify drift, anomalies, or opportunities for improvement and bring forward clear recommendations
  • Contribute to ad hoc analysis supporting risk strategy decisions
What We're Looking For
Required
  • Bachelor's degree in Economics, Mathematics, Business or a related discipline preferred
  • 3+ years of experience in a data science or quantitative modeling role with proven, quantifiable output
  • Comfortable leaning in to AI-first solutions, with experience using the latest AI tools to drive results at a high velocity
  • Strong Python and SQL skills; comfortable working with messy, real-world data
  • Hands-on experience building and deploying predictive models in a production environment
  • Ability to work independently and own outcomes, not just tasks
Nice to Have
  • Experience with AI data science platforms and orchestration platforms
  • Experience with behavioral or telematics-based risk signals is a strong plus.
  • Familiarity with third-party data vendors used in risk decisioning (bureau data, identity verification, motor vehicle records, etc.)
  • Experience in a startup or high-growth environment where the work is broad and the tooling is still evolving

What Tops Off the Tank
  • Rest & Relaxation: Flexible PTO policy.
  • Future Savings: Benefit from a 401(k) plan with company match from day one.
  • Benefits: Excellent, low-cost healthcare coverage including: medical, dental, vision, eligibility day one.
  • Drive a Flexcar! Discounted employee rate on Flexcar products and no annual membership fee.
  • Weekly Pay
  • And other amazing perks!

Flexcar is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. Flexcar provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

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