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Fraud Risk Manager Jobs in Minnesota (NOW HIRING)

CPC MANAGEMENT LLC

Fraud Risk Analyst

Minnetonka, MN · Hybrid

$95K - $110K/yr

Detail orientation - High attention to detail with strong time-management capabilities. * Fraud ... funding, risk, or a similar function. * Bachelor's degree - Bachelor's degree in finance ...

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 ...

CivicMinds, Inc.

Deposit Operations Specialist

MN · On-site

Fraud & Risk Management: Manage fraud processing, monitor POS disputes, and update customer debit card profiles due to travel requests or fraud alert cases. * Transaction Processing: Process wire ...

Huntington

Segment Risk Specialist Sr

Minnetonka, MN · On-site +1

$57K - $113K/yr

... credit, fraud, and operational risks across the merchant services portfolio. This role provides ... Develop and manage dashboards and reporting tools to track key risk indicators and portfolio trends.

Huntington

Segment Risk Specialist Sr

Minnetonka, MN · On-site +1

$57K - $113K/yr

... credit, fraud, and operational risks across the merchant services portfolio. This role provides ... Develop and manage dashboards and reporting tools to track key risk indicators and portfolio trends.

MidCountry Bank

BSA High Risk Analyst

Saint Cloud, MN · On-site

$80K - $85K/yr

... and fraud red flags. 4. Collaboration and Risk Management * Partner with frontline staff during onboarding of high-risk relationships. * Provide guidance to business lines regarding account ...

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All JobsFraud Risk Manager JobsFraud Risk Manager Jobs in Minnesota

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 Jun 20, 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 is the highest salary for a Risk Manager?

The highest salaries for Fraud Risk Managers can exceed $130,000 annually, especially for those with extensive experience, advanced certifications, or working in high-cost regions. Senior risk managers or those in leadership roles may earn even higher compensation, including bonuses and incentives.

Is fraud risk a good career?

A career as a Fraud Risk Manager involves identifying and preventing financial crimes, requiring skills in data analysis, investigation, and knowledge of compliance standards. It is a growing field with opportunities across various industries, often requiring certifications such as Certified Fraud Examiner (CFE). The role offers stability and advancement potential for those with strong analytical and problem-solving abilities.

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 potential fraud risks within an organization. They develop and implement fraud prevention strategies, monitor transactions for suspicious activity, and ensure compliance with relevant regulations, often using data analysis tools and risk assessment techniques. This role requires strong analytical skills and knowledge of fraud detection methods.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate environments.
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 June 2026, with employment types broken down into 1% As Needed, 89% Full Time, 7% Part Time, 2% Temporary, and 1% Nights. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.
Enterprise Fraud Risk Management Business Line Risk Manager

Enterprise Fraud Risk Management Business Line Risk Manager

US Bank

Minneapolis, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 345 frontline employees who took The Breakroom Quiz

38th 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

Candidate will act as a member of a team of fraud governance professionals (Business Line Risk Managers) as part of the Enterprise Fraud Risk Management 2LOD team within the Risk Management and Compliance business line. Business Line Risk Managers ensure proper governance, risk, and control activities are conducted that directly or indirectly impact the Company's fraud risk and will report to the Director of Enterprise Fraud Governance.

Key responsibilities include:

Execute fraud risk assessment processes and early engagement efforts with business lines to ensure effective controls are in place for business changes, aligning with policy and strategic risk mitigation

Work cross-functionally with business line product and enablement partners to evaluate, identify, and influence adoption of a risk-based approach to mitigate potential fraud risk from either new product development/ modification of an existing product offering/ significant strategy update

Execution of fraud risk management governance routines, such as the

Evaluation of all fraud-related PRISMs

Independent fraud risk assessments

Fraud incident oversight

Root Cause Analysis of large adverse events

Fraud risk assessment of Third-Party Service Providers

Fraud related complaint analysis

Partner closely with the PRISM office and business line stakeholders on key initiatives including ongoing assessment of the PRISM fraud assignment criteria and other strategic ventures and acquisitions

Stay on top of emerging fraud risks in the industry to ensure the assessments take into consideration current operating environment and speed of execution

Drive and support strategic fraud risk initiatives and special projects as needed, contributing to enterprise-wide fraud risk mitigation and governance enhancements

Collaborate and provide support to partners within the Enterprise Fraud Risk Management and other second line partners

Additionally, this role must have a thorough understanding of applicable laws, regulations, financial services, and regulatory trends that affect the organization. This role will interact directly with other peers and senior managers, requiring well developed presentation, relationship building, and negotiation skills. Lastly, a successful candidate will also possess the skills needed to effectively and credibly communicate with peers and senior managers across the organization in an evolving regulatory environment.

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

Preferred Skills/Experience

- Experience managing fraud risks within the financial services industry

- Extensive experience in operational risk governance routines, preferably in the financial services industry

- Excellent communication skills, both written and verbal

- Exceptional problem solving, critical thinking, and troubleshooting skills

- Ability to build relationships cross-functionally and over the phone

- Ability to work with and influence at all levels of the organization, including with executive leadership

- Ability to prioritize and manage multiple tasks, while establishing responsible deadlines

- Flexibility in day-to-day work and tolerance for ambiguity

- Positive 'can-do' attitude and a strong desire for continuous learning

- Attention to detail in writing, planning, and communication

This role requires working from a U.S. Bank location three (3) or more days per week.

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: $111,605.00 - $131,300.00

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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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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