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Head Of Fraud Risk Jobs in Chicago, IL (NOW HIRING)

Stripe

Payments Fraud Investigator

Chicago, IL

As a Payments Fraud Investigator, you'll play a critical role in safeguarding our financial ecosystem by investigating high-risk accounts and identifying various forms of fraud. You'll conduct deep ...

Stripe

Payments Fraud Investigator

Chicago, IL · On-site

As a Payments Fraud Investigator, you'll play a critical role in safeguarding our financial ecosystem by investigating high-risk accounts and identifying various forms of fraud. You'll conduct deep ...

Coinflow

Head of Legal (Chicago)

Chicago, IL · On-site

The platform empowers businesses with instant settlement, fraud and chargeback indemnity, multi ... Ability to effectively manage and resolve Legal Issues and provide strategic risk mitigation ...

Adyen

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 ...

Adyen

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 ...

CC Industries

Head of Risk Management

Chicago, IL · On-site

$350K - $420K/yr

This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management. Responsibilities * Establish risk management and E,H,S policies, procedures, and guidelines.

Enova International

Analytics Analyst - Fraud

Chicago, IL · On-site

$63K - $83K/yr

Staying a step ahead of fraudsters takes an inquisitive mind, an appetite to dig deeper, and the ... Help improve underwriting and verification processes from a fraud-risk perspective Requirements:

Coinme

Director of Payments & Risk

Chicago, IL

Own the fraud risk strategy and the end-to-end defense architecture across the payments stack ... Extensive hands-on administration of modern fraud prevention platforms (Sardine, SEON, Sift, Kount ...

hightower

Head of Procurement

Chicago, IL · Hybrid

$160K - $180K/yr

The Head of Procurement is a pivotal leadership role within the Finance & Real Estate organization ... Enhance existing vendor risk management practices in partnership with Compliance and InfoSec.

JLL

Global Head of Benefits

Chicago, IL · On-site

Global Head of Benefits Total Rewards | Global HR | JLL The healthcare and benefits landscape is ... Direct due diligence for M&A activities - identifying benefits-related risk, designing integration ...

Accertify, Inc.

Fraud Analyst

Itasca, IL · On-site

$50K/yr

Accertify is seeking a Fraud Analyst who will be on the front lines of protecting businesses and consumers by investigating and analyzing high-risk e-commerce transactions. Your expertise will be key ...

Avant

Manager, Identity Fraud Strategy

Chicago, IL · On-site

$125K - $155K/yr

The Manager, Identity Fraud Strategy owns the design and continuous optimization of Avant ... Demonstrated track record of designing and optimizing risk-based verification or authentication ...

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 ... Demonstrated track record of designing and optimizing risk-based verification or authentication ...

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Showing results 21-40

All JobsHead Of Fraud Risk JobsHead Of Fraud Risk Jobs in Chicago, IL

Head Of Fraud Risk information

See Chicago, IL salary details

$55.6K

$147.5K

$267.8K

How much do head of fraud risk jobs pay per year?

As of Aug 22, 2026, the average yearly pay for head of fraud risk in Chicago, IL is $147,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,700.00 and $172,500.00 per year, depending on experience, location, and employer.

What does a head of fraud risk do?

A Head of Fraud Risk is responsible for overseeing an organization’s strategies and operations to prevent, detect, and manage fraud. They lead teams that analyze data, identify risks, and implement controls to protect the company from fraudulent activities. Their duties also include developing policies, ensuring regulatory compliance, and collaborating with other departments to respond to emerging threats. Ultimately, their goal is to minimize financial loss and safeguard the organization’s reputation.

What are the key skills and qualifications needed to thrive as a head of fraud risk, and why are they important?

To thrive as a Head Of Fraud Risk, you need deep expertise in risk management, data analytics, and fraud prevention strategies, typically supported by a background in finance, business, or a related field. Proficiency with fraud detection platforms, data analysis tools like SQL or Python, and relevant certifications such as CFE (Certified Fraud Examiner) are highly valued. Strong leadership, strategic thinking, and effective communication skills are essential for guiding teams and influencing organizational policy. These abilities are crucial to proactively identify, mitigate, and manage fraud risks, safeguarding the organization’s assets and reputation.

How does the head of fraud risk collaborate with other departments to develop and implement effective fraud prevention strategies?

The Head of Fraud Risk works closely with teams across the organization, including compliance, IT, legal, and operations, to develop comprehensive fraud prevention strategies. They regularly coordinate with these departments to identify vulnerabilities, share intelligence on emerging threats, and ensure that controls are effectively integrated into business processes. Collaboration often involves leading cross-functional meetings, conducting joint risk assessments, and providing training or guidance on fraud awareness. This teamwork is essential for creating a unified approach to mitigating fraud risk and responding swiftly to incidents.

What is the difference between Head Of Fraud Risk vs Fraud Analyst?

AspectHead Of Fraud RiskFraud Analyst
Required CredentialsAdvanced degrees, certifications like CFE or CPA, leadership experienceBachelor's degree, certifications like ACFE or relevant training
Work EnvironmentStrategic planning, team leadership, cross-department collaborationData analysis, investigation, reporting
Employer & Industry UsageFinancial institutions, e-commerce, large corporationsBanking, retail, online platforms

The Head Of Fraud Risk oversees the entire fraud prevention strategy, managing teams and setting policies, while the Fraud Analyst focuses on investigating fraud cases and analyzing data. Both roles require relevant certifications, but the Head Of Fraud Risk operates at a strategic level, whereas the Fraud Analyst is more hands-on with daily investigations.

Head Of Fraud Risk jobs near you
Infographic showing various Head Of Fraud Risk job openings in Chicago, IL as of July 2026, with employment types broken down into 2% As Needed, 80% Full Time, 17% Part Time, and 1% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $147,501 per year, or $70.9 per hour.

Payments Fraud Investigator

Stripe

Chicago, IL

Full-time

Re-posted 2 days ago

Job description

Stripe Payments Fraud Investigator

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.

The mission of Fraud Operations is to act as guardians of the global financial ecosystem by proactively reducing fraud, making it difficult and unprofitable for fraudsters to carry out attacks through Stripe. Fraud Ops is responsible for developing and maintaining scalable processes related to fraud analysis, card testing, account takeover, and financial partner investigation requests. We strive to improve manual fraud decisioning and enhance support experiences for users impacted by fraud decisions, all while enabling healthy growth for the business.

As a Payments Fraud Investigator, you'll play a critical role in safeguarding our financial ecosystem by investigating high-risk accounts and identifying various forms of fraud. You'll conduct deep-dive analyses of merchant accounts, lead cross-functional projects, and collaborate with stakeholders to enhance our fraud detection and prevention strategies at scale. Your expertise in fraud patterns and typologies is essential in developing and enhancing investigative processes and programs.

Responsibilities

  • Analyze high-risk accounts to identify fraudulent merchants, card testing, account takeovers, and other fraud vectors
  • Lead root cause analyses to identify gaps in current systems, policies, and strategies, and determine enhancements and process improvements to address emerging fraud risks through collaboration with key stakeholders
  • Drive cross-functional projects aimed at refining operational processes and tools, enhancing the detection and management of fraudulent accounts across our global analyst network
  • Investigate, mitigate, and remediate urgent fraud incidents, such as card testing and account takeover, and manage user responses to high-urgency distributed fraud attacks
  • Communicate regular updates during team and organization-wide business reviews, summarize outcomes of complex investigations for executives, and deliver clear case determinations to users and partner financial institutions
  • Travel to vendor locations to conduct analyst training sessions and knowledge-sharing initiatives, while identifying challenges and enhancing analyst performance to improve overall outcomes

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

  • 3+ years of experience conducting complex investigations
  • 1+ years of experience leading risk-related projects and initiatives, collaborating effectively with cross-functional stakeholders
  • Demonstrated ability to leverage data to propose solutions for both tactical and strategic challenges
  • Proactive approach to challenging the status quo, with a willingness to question existing processes and advocate for improvements
  • User-centric perspective when addressing challenges, balanced with a pragmatic and solutions-oriented mindset
  • Ability to travel to vendor locations for up to 10% of the year

Preferred qualifications

  • Experience in payments, e-commerce, social media, or fintech, mitigating digital or card-not-present fraud
  • Experience investigating and mitigating card testing and account takeover attacks
  • Experience designing fraud and risk workflows, analyst tooling, and processes and procedural workflows
  • Strong proficiency using SQL to analyze data, drive insights, and create dashboards and visualizations

Apply