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Software Engineer Fraud Detection Jobs in Indiana

United Fidelity Bank

Fraud Analyst

Evansville, IN

The Fraud Analyst supports the bank's fraud prevention and detection efforts by reviewing daily ... Investigate daily alerts generated by the bank's fraud monitoring software and assist with the ...

United Fidelity Bank

Fraud Analyst

Evansville, IN · On-site

The Fraud Analyst supports the bank's fraud prevention and detection efforts by reviewing daily ... Investigate daily alerts generated by the bank's fraud monitoring software and assist with the ...

Ultra Maritime

Embedded Software Engineer II

Columbia City, IN · On-site

$120K - $158K/yr

Position Summary How do you find the hidden, detect the soundless, and see the invisible? How would ... The Software Engineering experience with Ultra Maritime offers both a challenging and rewarding ...

ATS Automation

Systems Engineer

Indianapolis, IN · On-site

The software engineer is required to work in all phases of a customer project (design ... Machine Learning * Anomaly Detection * Collaborate with customer to ensure required network ...

Jobtailor

Director Revenue Recovery

Merrillville, IN · On-site

$140 - $210/hr

Bachelor's degree in business administration, Finance, Accounting, Economics, Engineering ... Knowledge of revenue assurance, fraud detection, and energy theft investigation practices.

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Software Engineer Fraud Detection information

What does a software engineer fraud detection do?

A Software Engineer in Fraud Detection designs and develops systems to identify and prevent fraudulent activities within digital platforms, such as banking or e-commerce environments. They build algorithms to analyze user behavior, detect anomalies, and flag suspicious transactions in real time. Their work often involves machine learning, big data analysis, and close collaboration with data scientists and security teams to continuously improve fraud detection accuracy. These engineers play a key role in protecting businesses and customers from financial loss and cybercrime.

What is the difference between Software Engineer Fraud Detection vs Data Scientist Fraud Detection?

AspectSoftware Engineer Fraud DetectionData Scientist Fraud Detection
Required CredentialsBachelor's in CS or related field, programming skillsBachelor's or higher in CS, Statistics, or Data Science
Work EnvironmentDevelops fraud detection systems, writes code, implements algorithmsAnalyzes data, builds models, interprets results
Employer & Industry UsageFinancial institutions, fintech, e-commerceFinancial services, tech companies, insurance
Common Search & ComparisonFocuses on software development for fraud detectionFocuses on data analysis and modeling for fraud detection

While both roles work in fraud detection, Software Engineer Fraud Detection primarily develops and maintains detection systems through coding, whereas Data Scientist Fraud Detection analyzes data and builds models to identify fraudulent activity. Both roles often collaborate but differ in their core focus and skill sets.

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

To thrive as a Software Engineer in Fraud Detection, strong programming skills (such as Python, Java, or Scala), a solid understanding of algorithms, data structures, and experience with machine learning or statistical analysis are generally required, often supported by a degree in computer science or a related field. Familiarity with big data platforms (like Hadoop or Spark), real-time analytics systems, and fraud detection tools or frameworks is typically expected. Analytical thinking, problem-solving abilities, and effective communication are key soft skills that differentiate top performers in this field. These skills are crucial for developing robust systems that can quickly identify and prevent fraudulent activities, protecting both users and organizations.

How does a software engineer fraud detection typically collaborate with data scientists and analysts to identify fraudulent activity?

Software Engineers in Fraud Detection work closely with data scientists and analysts to build, refine, and deploy systems that detect and prevent fraud. While data scientists may develop models and identify patterns from large datasets, engineers are responsible for integrating these models into scalable, real-time systems within the company's technology stack. Regular communication and joint problem-solving are essential, as engineers must understand the logic behind models and analysts' findings to ensure accurate implementation and continuous improvement. This collaborative environment helps create robust fraud detection mechanisms that adapt to evolving threats.
What are popular job titles related to Software Engineer Fraud Detection jobs in Indiana? For Software Engineer Fraud Detection jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Software Engineer Fraud Detection jobs in Indiana look for? The top searched job categories for Software Engineer Fraud Detection jobs in Indiana are:
What cities in Indiana are hiring for Software Engineer Fraud Detection jobs? Cities in Indiana with the most Software Engineer Fraud Detection job openings:
Software Engineer Fraud Detection jobs near you

Cybersecurity Automation Engineer

First Merchant's Bank

Daleville, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago

First Merchants Bank rating

7.8

Company rating: 7.8 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

90th of 170 rated banks

Job description

First Merchants Bank is seeking a Cybersecurity Automation Engineer to join our team! This position will be responsible for designing, building, and maintaining automation capabilities that enhance the efficiency, consistency, and effectiveness of the organization's security operations. This role focuses on reducing manual effort by automating detection, response, validation, and operational workflows across security tools and platforms.
As part of this role you will:
  • Design, develop, and maintain automation workflows using SOAR platforms and scripting languages (e.g., Python, PowerShell).
  • Build integrations between security tools (SIEM, EDR, IAM, ticketing systems, cloud platforms).
  • Automate repetitive security tasks such as alert triage, enrichment, containment, and reporting.
  • Develop reusable automation playbooks and standardized workflows.
  • Partner with the Fusion Center to automate detection, triage, and response workflows related to fraud, account compromise, and anomalous activity.
  • Identify and prioritize automation opportunities across cybersecurity, fraud, and identity workflows.
  • Improve response speed and consistency through automated containment and decision support.
  • Reduce analyst workload by automating enrichment, correlation, and initial investigation steps.
  • Implement automation to continuously validate the effectiveness of security controls across cyber, fraud, and identity domains.
  • Enable continuous feedback loops that improve detection accuracy and response outcomes.
  • Participation in Cybersecurity Operations on-call program.

To be successful in this position, we require the following:
  • High school diploma or equivalent (GED).
  • Over five (5) plus years of experience in cybersecurity, security engineering, automation, or DevSecOps roles.

The following would be a plus:
  • Bachelor's degree in computer science
  • Experience in financial services or regulated environments
  • Familiarity with fraud detection, insider risk, or ethics/compliance workflows
  • Experience with MITRE ATT&CK and adversary simulation
  • Exposure to cloud security and identity-driven security models

First Merchants offers the following:
  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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