Fraud Examiners, Investigators and Analysts
SOC: 13-2099.04

Description:

Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.


National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.


Employment Projections:

Employment (2014):
145,200 employed

Projected (2024):
152,300 employed

Projected growth (2014-2024)


Source: Bureau of Labor Statistics 2015 2014-2024 employment projections external site. "Projected growth" represents the estimated change in total employment over the projections period (2014-2024). "Projected job openings" represent openings due to growth and replacement.


Alternate Titles:

  • Audit Manager
  • Certified Fraud Examiner
  • Data Analyst
  • Forensic Accountant
  • Fraud Analyst
  • Fraud Examiner
  • Fraud Investigator
  • Fraud Prevention Analyst
  • Inspector General
  • Internal Audit Manager
  • Investigator
  • Risk Analyst
  • Special Agent
  • Special Investigation Unit Investigator


  • Job Zone Four: Considerable Preparation Needed

    Experience:

    A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

    Education:

    Most of these occupations require a four-year bachelor's degree, but some do not.

    Job Training:

    Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.


    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Technology Design
  • Programming
  • Operation Monitoring
  • Operation and Control
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

  • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Engineering and Technology
  • Design
  • Building and Construction
  • Mechanical
  • Mathematics
  • Physics
  • Chemistry
  • Biology
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Medicine and Dentistry
  • Therapy and Counseling
  • Education and Training
  • English Language
  • Foreign Language
  • History and Archeology
  • Philosophy and Theology
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation


  • Tasks:

  • Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques.
  • Train others in fraud detection and prevention techniques.
  • Research or evaluate new technologies for use in fraud detection systems.
  • Prepare evidence for presentation in court.
  • Obtain and serve subpoenas.
  • Negotiate with responsible parties to arrange for recovery of losses due to fraud.
  • Conduct field surveillance to gather case-related information.
  • Arrest individuals to be charged with fraud.
  • Testify in court regarding investigation findings.
  • Advise businesses or agencies on ways to improve fraud detection.
  • Review reports of suspected fraud to determine need for further investigation.
  • Prepare written reports of investigation findings.
  • Recommend actions in fraud cases.
  • Lead, or participate in, fraud investigation teams.
  • Interview witnesses or suspects and take statements.
  • Design, implement, or maintain fraud detection tools or procedures.
  • Gather financial documents related to investigations.
  • Evaluate business operations to identify risk areas for fraud.
  • Document all investigative activities.
  • Create and maintain logs, records, or databases of information about fraudulent activity.
  • Coordinate investigative efforts with law enforcement officers and attorneys.
  • Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts.
  • Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.

  • Tools & Technology:

  • Desktop computers
  • Digital audio recorders
  • Digital still cameras
  • Digital video cameras
  • Laptop computers
  • Personal computers
  • Tablet computers
  • ArcSight Enterprise Threat and Risk Management
  • Bookkeeping software
  • Business intelligence software
  • Data entry software
  • Electronic health record EHR software
  • Guardian Analytics FraudMAP software
  • IBM Cognos software
  • LexisNexis software
  • Microsoft Access
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft SharePoint software
  • Microsoft SQL Server software
  • Microsoft Visio
  • Microsoft Word
  • Oracle software
  • PCG Software Virtual Examiner
  • R
  • SAP Business Objects software
  • SAS software
  • Splunk Enterprise
  • Structured query language SQL
  • Tableau software
  • ThreatMatrix software
  • TIBCO Spotfire
  • TriZetto QNXT
  • Vertafore ImageRight


  • business and financial operations


    industry stats

    SOC: 13-0000

    Total Employed: 7,032,560

    Average Annual Salary: $73,800