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Fraud Risk Manager Jobs in Minnesota (NOW HIRING)

US Bank

Fraud Risk Analyst

Minneapolis, MN

$92.82K - $109.20K/yr

Responsible for managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products. Predicts the level of fraud risk, develops policies and procedures used to ...

New

Best Buy

Fraud Risk Agent

Minneapolis, MN · On-site +1

$15.75 - $20.50/hr

The Fraud Risk Agent is tasked with reviewing and resolving transactions which were flagged for ... The recruiter or hiring manager will provide more details during the hiring process. What you'll do ...

New

Old National Bank

Fraud Strategy Lead, Sr

Lake Elmo, MN

$214.60K/yr

This role partners closely with Risk Management, Technology, Compliance, and product teams to quantify fraud risk exposure, evaluate mitigation strategies, and ensure fraud controls are aligned with ...

U.S. Bank

Fraud Prevention Analyst 4

Minneapolis, MN · On-site

$105.40K - $124K/yr

Responsible for managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products. Predicts the level of fraud risk, develops policies and procedures used to ...

US Bank

Fraud Prevention Analyst 4

Minneapolis, MN

$105.40K - $124K/yr

Responsible for managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products. Predicts the level of fraud risk, develops policies and procedures used to ...

Deloitte

Payments Fraud Manager 1

Minneapolis, MN · On-site

Payments Fraud Manager - Forensic Investigations and Fraud - Financial Services About Deloitte ... Extensive Fraud Risk Expertise: Demonstrated experience addressing both external and internal fraud ...

US Bank

Fraud Decisioning Analyst

Minneapolis, MN

Maintain a strong commitment to regulatory compliance, internal controls, and risk management ... of fraud risk and operations management associated with the product lines - Strong analytical ...

US Bank

Fraud Prevention Analyst 4

Minneapolis, MN · On-site

$105.40K - $124K/yr

... risk and operations management associated with the product lines - Strong analytical skills relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends - Experience ...

U.S. Bank

Fraud Prevention Analyst 4

Minneapolis, MN · On-site

$105.40K - $124K/yr

... risk and operations management associated with the product lines - Strong analytical skills relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends - Experience ...

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Fraud Risk Manager information

See Minnesota salary details

$50.4K

$109.3K

$166.5K

How much do fraud risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for fraud risk manager in Minnesota is $109,259.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,100.00 and $126,300.00 per year, depending on experience, location, and employer.

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.

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 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 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 cities in Minnesota are hiring for Fraud Risk Manager jobs? Cities in Minnesota with the most Fraud Risk Manager job openings:
Fraud Risk Manager jobs near you
Infographic showing various Fraud Risk Manager job openings in Minnesota as of May 2026, with employment types broken down into 88% Full Time, 4% Part Time, 3% Temporary, 4% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.
Fraud Risk Analyst

Fraud Risk Analyst

US Bank

Minneapolis, MN

$92.82K - $109.20K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 344 frontline employees who took The Breakroom Quiz

36th of 141 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

NOTE: This position is not eligible for current or future visa sponsorship.

Responsible for managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products. Predicts the level of fraud risk, develops policies and procedures used to evaluate and control fraud risk, and analyzes the potential profit/loss impact on the assigned product line of changes in risk management strategies. Develops and maintains the analytical framework and support systems for the fraud claim management and reporting processes. Design, implement, and monitor fraud detection rules

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than five years of applicable experience

Preferred Skills/Experience

- Experience writing fraud detection rules

- Programming experience in SAS, Python and/or SQL
- Comprehensive knowledge of all departmental data sources, and of fraud risk and operations management associated with the product lines
- Strong analytical skills relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends
- Strong project management skills
- Effective verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and data analysis software

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.

NOTE: This position is not eligible for current or future visa sponsorship.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 - $109,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

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Benefits

Hours and flexibility

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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