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Fraud Strategy Jobs in Illinois (NOW HIRING)

SquareTrade

Fraud Strategy Lead

Chicago, IL · On-site +1

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 ...

SquareTrade

Fraud Strategy Lead

Chicago, IL · On-site

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 ...

Avant

Manager, Identity Fraud Strategy

Chicago, IL

$125K - $155K/yr

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 ...

Avant LLC

Manager, Identity Fraud Strategy

Chicago, IL · On-site

$125K - $155K/yr

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 ...

Citizens

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 ...

Citizens

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 ...

Citizens

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 ...

Citizens

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 ...

Avant

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 ...

Avant LLC

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 ...

Doist

Senior Data Scientist - Fraud (Hybrid)

Chicago, IL · On-site

$96 - $125/hr

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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All JobsFraud Strategy JobsFraud Strategy Jobs in Illinois

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 8, 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 are popular job titles related to Fraud Strategy jobs in Illinois? For Fraud Strategy jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Fraud Strategy jobs in Illinois look for? The top searched job categories for 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:
Fraud Strategy jobs near you
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 Lead

SquareTrade

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Posted 18 days ago

Job description

Company Description
SquareTrade is the fastest growing company of its kind. We're revolutionizing a $30b industry with service innovation and attention to customer satisfaction. We partner with some of the largest, most sophisticated retailers and carriers in the world (The Home Depot, Walmart, Target, Amazon, Costco, and T-Mobile to name a few), consistently win industry awards, have received tens of thousands of 5-star reviews... and we're just getting started. A member of the Allstate family, SquareTrade has headquarters in San Francisco and London.
Job Description
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 risk in an ever changing and evolving business environment.
This role applies strong domain knowledge to independently manage complex initiatives, contributing to fraud strategy development and execution while influencing cross-functional partners through data, analysis, and collaboration. The role impacts millions of customers globally through partnership, education, and insight-driven recommendations.
Ultimately, the success of this role will:
  • Reduce fraud losses through identification of trends and development of fraud strategies and business rules
  • Improve the efficiency of fraud prevention processes to support global program growth
  • Minimize negative customer experiences by identifying friction points and implementing technology-based solutions to drive solutions

What's Great About This Role?
  • You'll work to detect various emerging fraud patterns spanning both first and third party fraud types and develop key solutions to prevent them
  • You'll be visible in the organization and communicate and interact with senior leaders and executives globally
  • You'll identify and support implementation of tools to that enable more effective detection, prevention, and response to fraud at scale
  • You'll work on interesting problems that have a real and direct impact on the business
  • You'll tackle global issues and work on different regional fraud challenges around the world
  • You'll be part of a highly impactful team that takes ownership of projects, drives change, and influences cross-functional outcomes
  • You'll support the company's commitment to protect the confidentiality of our customer data and the integrity of our systems
  • With lots of variety in our ever-changing, fast-paced, entrepreneurial org, you won't get bored

The Opportunity:
  • Analyze fraud vectors across SquareTrade's platform including both first party and third party fraud types to develop strategies that identify the bad actors and improve the experience
  • Develop and maintain metrics and KPI's that measure risk mitigation strategies and communicate progress to key stakeholders and leadership
  • Own and drive the fraud rule lifecycle for assigned areas, including opportunity identification, business case development, strategy design, testing, deployment, monitoring, and ongoing optimization
  • Evaluate existing rules and controls for overlap, effectiveness, operational impact, and opportunities to simplify or strengthen coverage
  • Paner with Fraud Operations to support alignment on policies, procedures, and investigative practices while helping address operational challenges
  • Contribute to cross-functional projects supporting fraud prevention and business growth while balancing customer experience and operational efficiency
  • Influence stakeholders across the organization to prioritize and implement fraud mitigation strategies that balance risk reduction, operational efficiency, and customer experience
  • Utilize large amounts of complex data with data-driven analytical techniques to monitor customer behaviors and detect trends in fraudulent activity, and develop strategies to mitigate risk and improve customer experience
  • Proactively identify new opportunities and strategies to strengthen controls, processes, and systems
  • Partner with internal teams and third parties to monitor risk trends, apply industry best practices, and ensure compliance and regulatory obligations

Qualifications
  • Demonstrated ability to independently identify problems, define hypotheses, and drive high-impact solutions with limited direction
  • Strong prioritization skills with the ability to manage competing demands, navigate ambiguity, and make sound tradeoff decisions aligned with business objectives
  • Proven experience influencing cross-functional teams to implement risk strategies, process changes, or product enhancements
  • 3-5 years of experience in developing risk rules, strategies, policies, and procedures that direct user behavior, leveraging both internal and 3rd party capabilities, owning them end to end
  • Strong analytical and problem-solving skills, including experience using SQL, Python, R, SAS, or similar tools to evaluate strategy performance and identify opportunities
  • Demonstrated ability to effectively interact with senior leaders and executives to present complex findings and outline progress, plans, and opportunities to address them
  • Experience in fraud prevention rule management systems, device profiling, customer verification, document verification technologies

Additional Information
At SquareTrade you'll have access to:
  • Medical, dental and vision coverage with network optionality and the ability to contribute to a savings account (HSA or FSA)
  • Up to 4% company match into 401(k) and contributions into your company-sponsored pension
  • $75/month budget to help prioritize your physical wellbeing
  • $80/month stipend to subsidize connectivity costs
  • Mental health resources including free 1:1 therapy, coaching sessions and digital resources
  • Supportive leave policies
  • Flexible Time Off Policy in addition to 9 Company Holidays
  • Tuition reimbursement up to $5,250 per year to further your personal educational advancement desires
  • Hybrid work arrangements with regular investment in gatherings/offsites to spend time together as team
  • Various corporate perks and discounts

This role is a remote opportunity.
SquareTrade estimates the possible base compensation for this role, to be in the range : $75K - $95K
SquareTrade/Allstate Protection Plans generally does not sponsor individuals for employment-based visas for this position.
The candidate(s) offered this position will be required to submit to a background investigation.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
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SquareTrade is proud to be an Equal Employment Opportunity employer. We are committed to creating an inclusive work environment for all employees. We celebrate diversity and encourage applications from all qualified individuals regardless of race, religion, color, national origin, sex, gender identity, gender expression, sexual orientation, age, marital status, veteran status, or ability status. It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
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