Fraud Analyst job description: duties, skills and qualifications.

Core duties

16

O*NET task statements

O*NET occupation

Fraud Examiners, Investigators and Analysts

O*NET-SOC 13-2099.04

Preparation

Job Zone 4 of 5

considerable preparation

Data Government data groups this job as Fraud Examiners, Investigators and Analysts (O*NET-SOC 13-2099.04). O*NET 31.0 lists “Fraud Analyst” as a job title for this occupation only (evidence: O*NET's Sample of Reported Titles (titles job holders report), O*NET job-incumbent data, the U.S. Employment and Training Administration and employer job postings). O*NET figures on this page are for that occupation. BLS publishes no wage or projection for it on its own: it is counted within the residual group Financial Specialists, All Other, whose figures are not shown. TryHired has no separate career page for this title yet.

1. Document all investigative activities. importance 4.7 of 5
2. Create and maintain logs, records, or databases of information about fraudulent activity. importance 4.5 of 5
3. Prepare written reports of investigation findings. importance 4.5 of 5
4. Interview witnesses or suspects and take statements. importance 4.5 of 5
5. Gather financial documents related to investigations. importance 4.5 of 5
6. Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures. importance 4.3 of 5
7. Review reports of suspected fraud to determine need for further investigation. importance 4.3 of 5
8. Recommend actions in fraud cases. importance 4.2 of 5
9. Lead, or participate in, fraud investigation teams. importance 4.2 of 5
10. Coordinate investigative efforts with law enforcement officers and attorneys. importance 4.2 of 5
11. Prepare evidence for presentation in court. importance 4.1 of 5
12. Design, implement, or maintain fraud detection tools or procedures. importance 4.1 of 5
13. Testify in court regarding investigation findings. importance 4.0 of 5
14. Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts. importance 4.0 of 5
15. Train others in fraud detection and prevention techniques. importance 3.9 of 5
16. Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques. importance 3.9 of 5

Work activities O*NET rates most important here: Getting Information, Analyzing Data or Information, Documenting/Recording Information, Processing Information and Identifying Objects, Actions, and Events.

Also part of the job

Supplemental tasks O*NET lists for this occupation: less central than the core duties above, and not done in every job.

• Obtain and serve subpoenas.
• Arrest individuals to be charged with fraud.
• Negotiate with responsible parties to arrange for recovery of losses due to fraud.

Knowledge areas: English Language, Law and Government, Economics and Accounting, Administrative and Mathematics.

Software O*NET lists for this occupation: Microsoft Excel, Microsoft Office software, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Structured query language SQL. These are examples O*NET records for the job, not a list of tools every employer uses or a checklist of what you must know.

• Education and training: BLS publishes no entry-level education, experience or training category for this occupation on its own (it is counted within Financial Specialists, All Other).
• Preparation: O*NET places the job in Job Zone 4 of 5 (considerable preparation). A considerable amount of work-related skill, knowledge, or experience is needed for these occupations.
• Licenses and certifications: not listed here. A license is a legal requirement set by a state; a certification is a credential from a private or professional body. Rules vary by state and employer, and a missing entry on this page does not mean none is required: check with your state's licensing board.

Most O*NET's occupation experts for this occupation (83%) name a bachelor's degree as the education the job requires.

Job title: Fraud Analyst
[Company] · [City, State] · [Full-time or part-time] · [Pay range, where your state requires one]

About the role
[Company] is hiring a Fraud Analyst to obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations.
[One sentence on your team and why this role matters.]

What you will do
- Document all investigative activities.
- Create and maintain logs, records, or databases of information about fraudulent activity.
- Prepare written reports of investigation findings.
- Interview witnesses or suspects and take statements.
- Gather financial documents related to investigations.
- Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.
- Review reports of suspected fraud to determine need for further investigation.
- Recommend actions in fraud cases.

What we are looking for
- [Education this role truly needs]
- Strength in active listening, writing and reading comprehension
- Working knowledge of English Language and Law and Government
- [Software your team uses, e.g. Microsoft Excel or Microsoft Office software]
- [Any license or certification your state or company requires]

[Schedule, benefits and how to apply]

Illustrative: every name, employer, school, date and number in these samples is fictional or a bracketed placeholder. Replace each bracket with your own true details; never copy a result you did not achieve.

Not a real job posting. This template is TryHired's illustration built from government occupational data. It is not an opening at any employer, and no employer wrote it.

BLS publishes no wage and no employment projection for Fraud Examiners, Investigators and Analysts on its own. The occupation is counted within Financial Specialists, All Other, a residual group of unrelated jobs, so no figure from that group is shown here as fraud analyst pay.

• Read a real fraud analyst posting next to the core duties above. Duties it repeats, such as “Document all investigative activities”, tell you what that employer weighs most; anything it adds is specific to that team.
• Tailor your resume to the posting, not to this page: describe only fraud analyst work you have actually done, with your own results.
• Prepare a story for each of the top-rated skills (active listening and writing): a real situation, what you did and what changed.