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Fraud Strategy Jobs in Illinois (NOW HIRING)

Fraud Strategy Manager

Chicago, IL · On-site

$180 - $240/hr

About the team Fraud Strategy is responsible for building scaled fraud mitigation systems that prevent fraud and protect the financial ecosystem, while minimizing disruption to good users. The fraud ...

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As a member of Fraud Strategy within the Trust & Safety department, this role is accountable for developing and executing fraud risk strategies that enable the business to effectively mitigate fraud ...

As a member of Fraud Strategy within the Trust & Safety department, this role is accountable for developing and executing fraud risk strategies that enable the business to effectively mitigate fraud ...

The Manager, Identity Fraud Strategy owns the design and continuous optimization of Avant's identity verification and authentication strategies. This role balances two competing priorities ...

The Manager, Identity Fraud Strategy owns the design and continuous optimization of Avant's identity verification and authentication strategies. This role balances two competing priorities ...

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy optimization and entitylevel fraud state estimation across the enterprise. This role is critical to ...

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy optimization and entitylevel fraud state estimation across the enterprise. This role is critical to ...

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy optimization and entitylevel fraud state estimation across the enterprise. This role is critical to ...

Fraud Risk Analytics Manager

Chicago, IL · Hybrid

$106K - $130K/yr

Description We are seeking an experienced Senior Data Scientist to lead fraud risk strategy optimization and entitylevel fraud state estimation across the enterprise. This role is critical to ...

Sr Associate, Fraud Analytics

Chicago, IL · On-site

$100K - $130K/yr

Analyze data, create models/strategies, and recommend solutions for the latest fraud trends. * Work with stakeholders throughout the company to identify opportunities for leveraging company data and ...

Analyze data, create models/strategies, and recommend solutions for the latest fraud trends. * Work with stakeholders throughout the company to identify opportunities for leveraging company data and ...

Hands-on fraud experience required -- fraud analytics, fraud strategy, or risk modeling, ideally in fintech or lending * Advanced Python and SQL; experience owning models end-to-end -- design through ...

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Showing results 1-20

Fraud Strategy information

See Illinois salary details

$53.8K

$120.8K

$210.8K

How much do fraud strategy jobs pay per year?

As of Aug 9, 2026, the average yearly pay for fraud strategy in Illinois is $120,797.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $152,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the fraud strategy position, and why are they important?

To excel in Fraud Strategy, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or data science are often required. Experience with fraud detection platforms, data analytics tools like SQL and Python, and certifications such as CFE (Certified Fraud Examiner) are highly valued. Excellent problem-solving abilities, communication, and the capacity to work cross-functionally are standout soft skills in this role. These competencies are critical for identifying emerging fraud trends, developing effective countermeasures, and ensuring business integrity.

What are some common challenges faced by professionals in fraud strategy roles?

Professionals in Fraud Strategy roles often navigate rapidly evolving techniques used by fraudsters, requiring continuous learning and adaptability. Collaborating with multiple departments—such as compliance, IT, and operations—demands strong communication and project management skills to ensure alignment on anti-fraud initiatives. Balancing the need for thorough fraud prevention with a seamless customer experience can present unique challenges. Staying up-to-date with regulatory changes and industry best practices is also crucial to maintaining effective fraud defenses.

What is a fraud strategy?

A Fraud Strategy job involves analyzing fraud risks, developing policies, and implementing strategies to prevent and mitigate fraudulent activities. Professionals in this role use data analysis, machine learning models, and industry trends to detect suspicious patterns and enhance fraud prevention measures. They collaborate with risk management, compliance, and operational teams to optimize fraud detection while minimizing customer friction. This role requires a mix of analytical skills, strategic thinking, and knowledge of fraud schemes and prevention techniques.

What are the most commonly searched types of Fraud Strategy jobs in Illinois? The most popular types of Fraud Strategy jobs in Illinois are:
What cities in Illinois are hiring for Fraud Strategy jobs? Cities in Illinois with the most Fraud Strategy job openings:
Infographic showing various Fraud Strategy job openings in Illinois as of August 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 83% In-person, 7% Hybrid, and 10% Remote job distribution, with an average salary of $120,797 per year, or $58.1 per hour.

Fraud Strategy Manager

Stripe

Chicago, IL • On-site

$180 - $240/hr

Other

Posted yesterday

New


Job description

Who we are About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world's largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

About the team

Fraud Strategy is responsible for building scaled fraud mitigation systems that prevent fraud and protect the financial ecosystem, while minimizing disruption to good users. The fraud team's mission is to protect Stripe, our users, and the broader financial ecosystem from actors who abuse Stripe accounts for financial gain.

What you’ll do

As a Manager on the Fraud Strategy team, you will lead a team of high performing and tenured fraud strategists responsible for safeguarding Stripe's rapidly expanding portfolio of money movement and money management capabilities from fraud. You will lead the team to create short, medium and long term strategies that prevent fraud while enabling growth on rapidly expanding Stripe products like Treasury, Issuing, Capital, Crypto and Stablecoins.

Responsibilities
  • Lead a Specialized Team: Coach and mentor a world-class team of fraud strategists. You'll be responsible for their professional growth and for fostering a culture of rigorous, data-driven fraud system development.
  • Own the E2E Fraud Prevention Lifecycle: Oversee the team's execution across all critical decision points - from new user onboarding, through offboarding and funds recovery
  • Strategic Stakeholder Partnership: Act as a key partner to Product, Engineering, Data Science, and Operations. You will navigate complex cross functional fraud prevention system development and tuning, ensuring our risk appetite aligns with both internal goals and external partner requirements.
  • Systems Thinking: Deeply understand our performance metrics including loss trends and leading indicators. Analyze account activity and monitor portfolio trends to identify opportunities for Stripe to reduce potential fraud losses. Understand our fraud controls and strategies to identify opportunities for improvement. Work closely with our core risk team to mitigate potential risks with specific users.
  • Executive Communication: Effectively and clearly communicate with internal leadership teams across Stripe, and effectively communicate with external leadership teams across Stripe's users, and Stripe's financial and regulatory partners.
  • Thought Leadership: Drive innovative fraud strategies that scale across Stripe's wide range of products. Embrace AI technologies to accelerate execution and improve fraud prevention outcomes.
Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements
  • 10+ years of relevant experience, preferably in Financial Services, Payments or FinTech.
  • A coach and mentor dedicated to nurturing talent and helping team members perform at their best
  • Experience recruiting, developing, and managing diverse and high-performing teams.
  • Strong collaboration, communication, and relationship-building skills, with an ability to influence stakeholders across organizations and functions.
  • Excellent communicator (verbal and written) who is able to convey complex ideas succinctly in high stakes situations both internally with Stripe leadership teams and externally with users, financial partners and regulators.
  • Decisive, yet open to learning - you will make many critical decisions every day, even with the knowledge that you will be wrong some of the time.
  • Proven ability to collaborate and execute scaled and high complexity projects cross-functionally with both technical and non technical teams.
  • Champion for AI and automation - you actively seek opportunities to apply AI-powered tooling and automation to accelerate risk strategy work, reduce manual toil, and improve the quality and consistency of decisions at scale; you set the example for your team in adopting and driving these capabilities.
Preferred qualifications
  • Strong data visualization skills and a willingness to use data and AI tools to analyze and make decisions.
  • Experience in a high-growth technology company managing risk at scale.
  • Experience working in tech, or in another fast-paced, high-growth environment.
  • Experience in building scaled systems to prevent bank account fraud, issuing fraud and/or crypto/stablecoin fraud.
  • Expertise with quantitative tools such as Python, R, etc.
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