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Fraud Risk Jobs in Chicago, IL (NOW HIRING)

Own the fraud risk strategy and the end-to-end defense architecture across the payments stack: vendor risk engines, internal controls, processor-level gates, and partner-bank requirements, with a ...

Fraud Strategist

Itasca, IL · On-site

$70K - $80K/yr

Consult on fraud risk and sales enablement strategies, and feature adoption opportunities. * Perform platform configuration functions including (but not limited to) updating hierarchy settings ...

Fraud Strategist

Itasca, IL · On-site

$70K - $80K/yr

Consult on fraud risk and sales enablement strategies, and feature adoption opportunities. * Perform platform configuration functions including (but not limited to) updating hierarchy settings ...

Help improve underwriting and verification processes from a fraud-risk perspective * Apply AI in production applications to streamline fraud prevention processes * Mentor and develop team members ...

The Fraud Analyst II prepares Suspicious Activity Investigation Reports (SAIRs) and Suspicious Activity Reports (SARs), makes risk-based decisions, and escalates matters to management, compliance ...

The Fraud Analyst II prepares Suspicious Activity Investigation Reports (SAIRs) and Suspicious Activity Reports (SARs), makes risk-based decisions, and escalates matters to management, compliance ...

The Fraud Analyst II prepares Suspicious Activity Investigation Reports (SAIRs) and Suspicious Activity Reports (SARs), makes risk-based decisions, and escalates matters to management, compliance ...

As part of the Merchant Fraud team in Chicago you will be working closely with Risk, Product and other Merchant Operations teams. As a Merchant Fraud Analyst you will be responsible for identifying ...

Associate Fraud Analyst

Chicago, IL · On-site

$36 - $47/hr

As part of the Merchant Fraud team in Chicago you will be working closely with Risk, Product and other Merchant Operations teams. As a Merchant Fraud Analyst you will be responsible for identifying ...

Showing results 21-40

Fraud Risk information

See Chicago, IL salary details

$14

$31

$76

How much do fraud risk jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for fraud risk in Chicago, IL is $31.25, according to ZipRecruiter salary data. Most workers in this role earn between $20.05 and $39.86 per hour, depending on experience, location, and employer.

What is fraud risk?

Fraud risk refers to the possibility that an individual or organization will intentionally deceive others for financial or personal gain. A fraud risk analyst is responsible for identifying, assessing, and mitigating risks related to fraudulent activities within a company or financial institution. Their duties typically include monitoring transactions, analyzing data patterns, developing anti-fraud policies, and working with law enforcement or regulatory agencies to investigate suspicious activities. By proactively managing fraud risk, these professionals help protect their organization’s assets and reputation.

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

To thrive as a Fraud Risk Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field, often supported by a relevant degree. Familiarity with fraud detection software, data analytics tools (like SQL, SAS, or Python), and certifications such as Certified Fraud Examiner (CFE) are typically required. Excellent problem-solving, communication, and critical thinking skills help you proactively identify risks and work effectively with cross-functional teams. These abilities are crucial for detecting and mitigating fraudulent activities, protecting organizational assets, and maintaining regulatory compliance.

What are some common challenges faced by professionals in fraud risk roles, and how can they be addressed?

Professionals in Fraud Risk roles often encounter challenges such as staying ahead of rapidly evolving fraud tactics, managing large volumes of data, and balancing the need for security with customer experience. To address these, it’s crucial to continuously update knowledge on emerging threats, leverage advanced analytical tools, and collaborate closely with IT, compliance, and customer service teams. Regular training, cross-department communication, and investment in technology can help ensure effective fraud detection and prevention while maintaining positive client interactions.

What is the difference between Fraud Risk vs Fraud Analyst?

AspectFraud RiskFraud Analyst
Required CredentialsRisk management certifications, knowledge of fraud preventionCertifications like CFE, CPA, or fraud examination credentials
Work EnvironmentRisk assessment teams, compliance departmentsInvestigations, data analysis, reporting
Employer & Industry UsageFinancial institutions, insurance, retailBanking, finance, insurance, retail

Fraud Risk focuses on identifying and managing potential vulnerabilities to fraud within an organization, emphasizing risk assessment and mitigation strategies. Fraud Analysts, on the other hand, investigate specific fraud cases, analyze data, and detect fraudulent activities. While both roles require knowledge of fraud prevention, Fraud Risk professionals develop strategies to prevent fraud, whereas Fraud Analysts handle the detection and investigation of actual incidents.

What are the most commonly searched types of Fraud Risk jobs in Chicago, IL?

The most popular types of Fraud Risk jobs in Chicago, IL are:

What are popular job titles related to Fraud Risk jobs in Chicago, IL?

For Fraud Risk jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Fraud Risk jobs in Chicago, IL look for?

The top searched job categories for Fraud Risk jobs in Chicago, IL are:

Infographic showing various Fraud Risk job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 2% Contract, and 1% Nights. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $65,002 per year, or $31.3 per hour.

Financial Crimes Compliance Consultant (Contractor)

Chicago, IL • On-site, Remote

Huron Consulting Group
Business Management Consulting • 1 - 5K employees

Full-time

Re-posted 8 days ago


Huron Consulting Group rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Huron is redefining what a global consulting organization can be. Advancing new ideas every day to build even stronger clients, individuals and communities. We're helping our clients find new ways to drive growth, enhance business performance and sustain leadership in the markets they serve. And, we're developing strategies and implementing solutions that enable the transformative change they need to own their future.
As a member of the Huron corporate team, you'll help to evolve our business model to stay ahead of market forces, industry trends and client needs. Our accounting, finance, human resources, IT, legal, marketing and facilities management professionals work collaboratively to support Huron's collective strategies and enable real transformation to produce sustainable business results.
Join our team and create your future.
This role sits within the Risk organization and works closely with internal teams and fintech partners to help monitor fraud risks, support oversight reviews, document findings, and assist with ongoing risk management activities.
This position is ideal for a candidate looking to grow their career in fraud risk, financial crimes compliance, or risk management within a fast-paced fintech banking environment.
Knowledge, Skills & Abilities
  • Support fraud risk oversight activities across assigned fintech partner programs.
  • Review fraud trends, patterns, and emerging risks to identify potential concerns.
  • Assist with ongoing monitoring, risk assessments, and partner reviews.
  • Document fraud risk observations, findings, and recommendations.
  • Ensure oversight activities are completed in accordance with internal policies and regulatory expectations.
  • Work with fintech partner teams to gather information, data, and supporting documentation.
  • Assist with tracking open issues, action items, and follow-up requests.
  • Support communication between Fraud Risk Oversight, Fraud Management, and other internal stakeholders.
  • Help prepare materials and summaries for partner meetings and management discussions.
  • Assist with the review and documentation of fraud-related issues and events.
  • Support preparation of management reports, dashboards, and risk summaries.
  • Help maintain records supporting audits, examinations, and governance activities.
  • Escalate identified risks and concerns through established channels.
  • Support maintenance of Fraud Risk Oversight procedures and documentation.
  • Identify opportunities to improve reporting, documentation, and oversight processes.
  • Participate in training and knowledge-sharing activities related to fraud risk and financial crime trends.

Education and Training Experience
  • Bachelor's degree in Finance, Business, Criminal Justice, Risk Management, or a related field.
  • 2-4 years of experience in fraud, AML/BSA, compliance, risk management, banking operations, or a related field.
  • Experience supporting audits, exams, investigations, or risk assessments is a plus.
  • CAMS, CFE, or similar certifications are a plus, but not required.
  • Basic understanding of fraud risk, AML/BSA, or financial crime concepts.
  • Strong analytical and problem-solving skills.
  • Effective written and verbal communication skills.
  • Ability to organize and manage multiple priorities.
  • Strong attention to detail and documentation skills.
  • Proficiency with Microsoft Office applications, particularly Excel and PowerPoint.

Position Level
Consultant
Country
United States of America

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About Huron Consulting Group

Sourced by ZipRecruiter

Huron Consulting Group, based in Chicago, IL, US, is a leading global management consulting firm specialized in providing performance improvement and reformation skills to different types of organizations. The company operates in the management consulting industry, which includes strategy, operations, technology, and analytics. Founded in 2002, Huron Consulting Group aids entities to tackle complex business challenges, enhance their ability to drive change, encourage their efficiency, and stimulate innovation. The company's overriding mission is to assist clients in becoming more successful.

Industry

Business management consulting

Company size

1,001 - 5,000 Employees

Headquarters location

Chicago, IL, US

Year founded

2002