ZipRecruiter

Log In

1

Fraud Risk Manager Jobs in Minnesota (NOW HIRING)

Lexisnexis Risk Solutions

Sr Product Mgr II

Minneapolis, MN · On-site +1

$132K - $174K/yr

You can learn more about LexisNexis Risk at About the Role The Senior Product Manager II will own and execute strategic initiatives across our Enterprise Fraud Management portfolio, including ...

Affinity Plus Federal Credit Union

Teller

Saint Paul, MN · On-site

$16 - $20/hr

... managing a wide range of transactions and inquiries--from simple to complex. This role requires ... fraud risk, and maintain awareness of industry fraud trends. • Educate members on fraud ...

previous page

Showing results 41-60

All JobsFraud Risk 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 Sep 9, 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 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 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 August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $109,259 per year, or $52.5 per hour.

Strategic Risk & Initiatives Specialist - Claims

Saint Paul, MN • On-site

US Bank
Banking and Credit Intermediation • 10K+ employees
Learn more about US Bankexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

Key responsibilities

  • Lead complex, long-term strategic initiatives supporting claims modernization, platform transformation, policy changes, and customer experience improvements.

  • Develop objectives, success measures, business requirements, and implementation approaches in collaboration with subject matter experts.

  • Assess risks, identify dependencies and tradeoffs, and support prioritization and decision-making processes.

U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

67th of 176 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
This role supports Enterprise Fraud Claims and Disputes by independently leading complex, sensitive, and long-term strategic initiatives that improve processes, modernize platforms, strengthen operating methodologies, mitigate risk, and enhance customer and colleague experiences. The position partners with subject matter experts and leaders across the organization to define success measures, translate business needs into actionable requirements, assess risk, inform prioritization, andmaintainalignment with business and regulatory expectations.

Primary areas of focus may includeclaimsmodernization, workflow solutions, AI-enabled capabilities, automation, platform transformation, operational readiness, model governance, policy implementation, and business process improvement. This role is designed for an experienced professional who canrepresentthe business, navigate ambiguity, and bring strong claims, fraud, compliance, audit, risk, or transformationexpertiseto large-scale initiatives.

This role does not support any form of visa sponsorship and requires working from one of the posted U.S. Bank locations three (3) or more days per week.

Key Responsibilities:

  • Lead the highest-priority and longest-term strategic initiatives supportingclaimsmodernization, platform transformation, policy changes, customer experience improvements, and other complex business priorities.

  • Develop initiativeobjectives, success measures, business requirements, recommendations, and implementation approaches in partnership with business and technical subject matter experts.

  • Assess business, operational, regulatory, and execution risks;identifydependencies and tradeoffs; and provide information that supports prioritization and decision-making.

  • Support compliance reviews and audits by partnering with auditors and control functions, gathering documentation and evidence, andrepresentingbusiness line processes, decisions, and interests.

  • Apply strong business acumen and risk awareness to evaluate how proposed solutions affect claims operations, fraud prevention, customer service, colleagues, and regulatory expectations.

  • Partner across Product Enablement, Technology, Claims Intake, Customer Service, Fraud Prevention, strategic leads, peers, and leadership stakeholders to move initiatives from concept through implementation.

  • Identifypractical opportunities to apply AI, automation, business logic, modeling, and governance capabilities within claims and fraud initiatives.

  • Contribute fresh perspectives and recommendations related to modernization, re-platforming, workflow design, operating models, and future-state business processes.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically 8 or more years of experience in regulatory compliance activities

Preferred Skills/Experience
- Demonstrated experience independently leading large-scale, complex, or long-term strategic initiatives

- Practical experience applying AI, automation, business rules or logic, modeling, model governance, or related capabilities to business initiatives

- Experience supporting audits, partnering with auditors, gathering documentation and evidence, andrepresentingbusiness line interests
- Strong business acumen, risk awareness, stakeholder management, and cross-functional collaboration skills
- Experience translating business needs into requirements, recommendations, operating processes, or implementation plans

- Agile experience is helpful but notrequired

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: $98,175.00 - $115,500.00

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

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

U.S. Bank logo

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

FacebookTwitter

View All U.S. Bank Jobs

Apply