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Fraud Risk Manager Jobs in Michigan (NOW HIRING)

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Fraud Risk Manager information

See Michigan salary details

$44.9K

$97.2K

$148.2K

How much do fraud risk manager jobs pay per year?

As of Jun 9, 2026, the average yearly pay for fraud risk manager in Michigan is $97,232.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,400.00 and $112,400.00 per year, depending on experience, location, and employer.

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 are the key skills and qualifications needed to thrive as a Fraud Risk Manager, and why are they important?

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.

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.

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.
Fraud Risk Manager jobs near you
Infographic showing various Fraud Risk Manager job openings in Michigan as of May 2026, with employment types broken down into 6% As Needed, 68% Full Time, 14% Part Time, 3% Temporary, 6% Contract, and 3% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $97,232 per year, or $46.7 per hour.

Fraud and Risk Operators

Aristocrat Interactive

East Lansing, MI

$18 - $23/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 29 days ago

Job description

We are looking for a meticulous and proactive individual to join our team as a Fraud & Risk Operator at Aristocrat. In this role, you will play a critical part in ensuring the financial security and integrity of our payment processes. By identifying and mitigating risks related to financial transactions, you will help maintain our world-class standards in regulatory compliance and fraud prevention. This is an outstanding opportunity to be part of a team that values innovation, collaboration, and excellence.

At Aristocrat, we are dedicated to developing a diverse and inclusive work environment where every team member can thrive. This role is vital in protecting our company's operations and strengthening customer trust. If you are ambitious and have a sharp eye for detail, this role will empower you to successfully implement and shape strategies that greatly influence our business.

What You'll Do

  • Continually identify and assess conditions that may present risks to the business and consumers.

  • Implement strategies to mitigate risks and ensure regulatory obligations are met.

  • Monitor and review financial transactions to ensure accuracy and compliance with company policies.

  • Identify and investigate suspicious activities or transactions to prevent and mitigate fraud.

  • Analyze transaction patterns and user behaviors to detect potential risks and fraudulent activities.

  • Process and verify customer cash outs, ensuring all transactions are accurate and detailed.

  • Work with customer service and other departments to resolve payment issues and meet customer needs.

  • Monitor and report on all processed documents; build activity and incident reports.

  • Conduct compliance and risk assessments for online payouts.

  • Document and communicate key risk factors affecting online payments.

  • Research and verify all aspects of transactions for accuracy and legitimacy.

  • Operate computer systems and related peripheral equipment.

What We're Looking For

  • 1-2 years of experience in data entry, data analysis, or data processing.

  • Demonstrated background in payments, risk management, or fraud prevention provides a competitive edge.

  • Familiarity with fraud detection tools, payment processing systems, and customer service software is beneficial.

  • Must be 21 years of age and have a High School Diploma or equivalent experience required; Associates degree preferred.

  • Proficient with computer software and operating systems, such as Microsoft Office products.

  • Experience using Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) applications is a plus.

  • Analytical and diligent.

Company Summary

Aristocrat Interactive   

Aristocrat Interactive is Aristocrat Leisure Limited’s (ASX:ALL) regulated online Real Money Gaming (RMG) business and was formed in 2024 when the Anaxi and NeoGames businesses (Anaxi, NeoGames, Aspire Global, BtoBet, and Pariplay) came together.  The business is an industry leader in content and technology solutions for online RMG, with a full-service offering that includes content, proprietary technology platforms and a range of value added services across iLottery, iGaming and Online Sports Betting (OSB). 

About Aristocrat

Aristocrat Leisure Limited (ASX: ALL) is a leading gaming content creation company powered by technology to deliver industry-leading casino games together with mobile games and online real money games, collectively entertaining millions of players worldwide, every day. Headquartered in Sydney, Australia, Aristocrat has three operating business units, spanning regulated land-based gaming (Aristocrat Gaming), social casino (Product Madness) and regulated online real money (Aristocrat Interactive). Our team of over 8,500 people across the globe are united by our company mission to bring joy to life through the power of play.

Our Values

  • All about the Player

  • Talent Unleashed

  • Collective Brilliance

  • Good Business Good Citizen

Travel Expectations

None

Pay Range

$18.00 - $23.00 per hour

Our goal is to pay a market competitive salary focusing near the median of our pay ranges. However, final offers for all positions will be based on several factors such as experience level, education, skills, work location, and internal pay equity.

This position offers a comprehensive benefits package, including health, dental, and vision insurance, paid time off, and a 401(k) plan with employer matching, more details available at https://atibenefits.com/.

Additional Information

This role is subject to mandatory background screening and regulatory approvals. As part of your employment with Aristocrat, you may be required to complete a criminal background check, submit fingerprints, and obtain licenses or registrations with applicable gaming regulatory authorities.

Aristocrat operates in a highly regulated environment and holds licenses in over 340 gaming jurisdictions worldwide. To meet our global compliance obligations, you will be required to provide the disclosure of relevant personal and background information to government agencies, sovereign nations/tribal regulators, and other applicable gaming regulatory bodies. This is a condition of Aristocrat’s gaming licenses. The specific information required may vary depending on the jurisdiction and project assignment.

At this time, we are unable to sponsor work visas for this position. Candidates must be authorized to work in the job posting location for this position on a full-time basis without the need for current or future visa sponsorship.

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