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Fraud Software Engineer Jobs in Illinois (NOW HIRING)

Senior Software Engineer

Chicago, IL ยท On-site

$140K - $190K/yr

Coinflow enables businesses to grow faster with instant settlement, fraud & chargeback indemnity ... About The Role We're looking for a Senior Software Engineer to help build the core infrastructure ...

Software Engineer

Chicago, IL ยท On-site +1

$100K - $150K/yr

... fraud detection, and analytics services. With offices in Chicago, Miami, and around the world ... Job Summary The Software Engineer will be responsible for building new systems, enhancing and ...

... fraud detection, and analytics services. With offices in Chicago, Miami, and around the world ... Job Summary The Software Engineer will be responsible for building new systems, enhancing and ...

Software Engineer

Chicago, IL ยท On-site +1

$100K - $150K/yr

... fraud detection, and analytics services. With offices in Chicago, Miami, and around the world ... Job Summary The Software Engineer will be responsible for building new systems, enhancing and ...

As a Software Engineer (Orders), you will build and support systems responsible for the acquisition ... Comfort working with payment, ordering, accounting, tax, fraud, or customer-service systems.

As aโ€ฏ Software Engineer (Orders),โ€ฏ you will build and support systems responsible for the ... Comfort working with payment, ordering, accounting, tax, fraud, or customer-service systems.

Senior Software Engineer

Chicago, IL ยท On-site +1

$126K - $166K/yr

Our innovative technology protects users from phishing, spoofing, fraud, and other types of attacks. As a Software Engineer at MessageControl you'll be building intelligent products to protect people ...

Senior Software Engineer

Chicago, IL ยท On-site

$126K - $166K/yr

Our innovative technology protects users from phishing, spoofing, fraud, and other types of attacks. As a Software Engineer at MessageControl you'll be building intelligent products to protect people ...

Actimize Lead Full-stack Engineer

Chicago, IL ยท On-site

$77K - $154K/yr

As a Lead Full-stack Engineer you will work on Anti-Money Laundering/Bank Secrecy Act (AML/BSA ... Fraud software applications - specifically Actimize ActOne with experience in AML-CTR, AML-STAR ...

About Mojo Trek Mojo Trek is a trusted custom software delivery firm. We build and modernize the ... Recruitment Fraud Warning Mojo Trek will never ask you to pay fees, send money, or provide ...

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Showing results 1-20

Fraud Software Engineer information

What are the key skills and qualifications needed to thrive as a fraud software engineer, and why are they important?

To thrive as a Fraud Software Engineer, you need strong skills in software development, data analysis, and an understanding of fraud detection methodologies, usually backed by a degree in computer science or related fields. Familiarity with programming languages (such as Python, Java, or Scala), machine learning frameworks, and fraud detection platforms is typically required, along with relevant certifications in cybersecurity or data analytics. Analytical thinking, problem-solving, and effective communication are valuable soft skills that help in identifying threats and collaborating across teams. These skills and qualities are crucial for building robust systems that proactively detect and prevent fraudulent activities, safeguarding organizational assets.

What is the difference between Fraud Software Engineer vs Fraud Analyst?

AspectFraud Software EngineerFraud Analyst
Required CredentialsBachelor's in Computer Science or related field, coding skills, knowledge of fraud detection toolsBachelor's in Finance, Business, or related field, analytical skills, understanding of fraud patterns
Work EnvironmentDevelops and maintains fraud detection software, collaborates with engineering teamsAnalyzes fraud cases, reviews data, and implements fraud prevention strategies
Employer & Industry UsageTech companies, financial institutions, e-commerce platformsBanking, credit card companies, online payment providers

While both roles focus on combating fraud, Fraud Software Engineers develop and improve the technical systems used for detection, whereas Fraud Analysts analyze data and patterns to identify and prevent fraudulent activities. Both positions are essential in the fight against fraud but require different skill sets and responsibilities.

What is a fraud software engineer?

Fraud Software Engineers are specialists who design, develop, and maintain software systems aimed at detecting and preventing fraudulent activities. They work with advanced algorithms, machine learning, and data analysis to identify suspicious patterns or transactions in real time. Their role is crucial in safeguarding financial institutions, e-commerce platforms, and other organizations from financial losses due to fraud. They also collaborate closely with security teams to continuously improve fraud detection systems and stay ahead of evolving threats.

How do fraud software engineers typically collaborate with other departments to enhance fraud detection systems?

Fraud Software Engineers work closely with data analysts, cybersecurity teams, and product managers to develop and refine fraud detection tools. They often participate in cross-functional meetings to review emerging threats and adapt algorithms accordingly. Collaboration is essential for integrating real-time data feeds, sharing insights on fraudulent patterns, and ensuring that software solutions align with regulatory and customer requirements. This collaborative approach helps ensure that detection mechanisms remain robust and adaptable in a rapidly evolving landscape.
What cities in Illinois are hiring for Fraud Software Engineer jobs? Cities in Illinois with the most Fraud Software Engineer job openings:

Senior Software Engineer

Coinflow

Chicago, IL โ€ข On-site

$140K - $190K/yr

Full-time

Medical, Retirement

Re-posted 4 days ago


Job description

About Coinflow
Coinflow is the next-generation payment service provider revolutionizing global financial infrastructure with stablecoins, AI-driven fraud prevention, and instant settlement. Coinflow enables businesses to grow faster with instant settlement, fraud & chargeback indemnity, global pay-ins, multi-currency FX, and unified payouts. Founded in 2023, the company serves marketplaces, fintechs, remittance providers, gaming platforms, and ecommerce merchants worldwide.
Since our seed round in 2024, we've achieved 23x revenue growth and scaled to multi-billion-dollar annual transaction volume. In response to this growth, Coinflow announced a $25M Series A in October 2025-led by Pantera Capital, CMT Digital, Coinbase Ventures, Jump Crypto, and Reciprocal Ventures-accelerating our mission to power the world's fastest-moving businesses with innovative, reliable global payments.
Coinflow is proudly headquartered in Chicago, IL. Learn more at coinflow.cash.
About The Role
We're looking for a Senior Software Engineer to help build the core infrastructure powering global payments. You'll design and implement systems that process billions of dollars in transactions, working across our payment orchestration layer, merchant APIs, and real-time settlement engine.
This is a high-impact role where your code ships to production quickly and handles real money from day one. You'll collaborate closely with Product to shape what we build, with fellow engineers on how we build it, and have significant ownership over the systems you create.
What You'll Do
Build Core Payment Infrastructure
  • Design and implement payment processing systems that handle high throughput and strict reliability requirements
  • Build APIs and SDKs that merchants use to integrate Coinflow into their platforms
  • Develop fraud detection and risk management features using real-time data analysis

Scale Our Platform
  • Architect systems for performance, reliability, and observability at scale
  • Optimize database queries, caching strategies, and service communication patterns
  • Instrument services for monitoring, alerting, and debugging production issues

Ship Product Features
  • Work end-to-end on features from technical design through deployment and iteration
  • Collaborate with Product and Design to translate requirements into elegant technical solutions
  • Balance speed of delivery with code quality and long-term maintainability

Improve How We Work
  • Contribute to technical decisions around architecture, tooling, and best practices
  • Mentor other engineers through code review, pairing, and knowledge sharing
  • Help shape engineering culture as the team grows

What We're Looking For
  • 5+ years of professional software engineering experience
  • Strong proficiency in TypeScript and Node.js; experience with React is a plus
  • Deep understanding of REST API design, relational and document databases (especially MongoDB), and distributed systems concepts
  • Experience building systems that handle high transaction volumes or strict correctness requirements
  • Comfortable with cloud infrastructure (AWS, GCP, or similar) and containerized deployments
  • Track record of shipping and maintaining production systems
  • Clear communicator who can discuss technical tradeoffs with engineers and non-engineers alike
  • Bonus: Experience in payments, fintech, or blockchain/crypto

The base salary range for this role is $140,000 to $190,000 USD. The actual base salary offered depends on a variety of factors, including but not limited to experience, education, skills, qualifications and business needs.
In addition, the employee who fills this role will be eligible for an equity grant, allowing you to share in the long-term success of the company. You will also have access to a wide array of benefits, including health and wellness benefits, 401(k) savings plan, and flexible time off.
Join the team rewriting how money moves worldwide-and become a driving force in the $194 trillion cross-border payments market.