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As of August 01, 2026, the average salary for a Fraud Risk Specialist III in the United States is $88,490 per year, which breaks down to an hourly rate of $43.
However, a Fraud Risk Specialist III's salary can vary significantly. Here’s a look at the typical salary range:
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Fraud Risk Specialist III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $103,190 | $8,599 | $1,984 | $50 |
| Average | $88,490 | $7,374 | $1,702 | $43 |
| 25th Percentile | $75,890 | $6,324 | $1,459 | $36 |
MD Staff, LLC - Columbus, OH
eviCore healthcare - Columbus, OH
Instacart - Columbus, OH
Continuum Medical Staffing - Columbus, OH
A Fraud Risk Specialist III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Fraud Risk Specialist III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Fraud Analytics Associate I | 0-2 years | $59,797 |
| Fraud Analytics Associate II | 2-4 years | $64,811 |
| Fraud Risk Specialist III | 4-7 years | $88,464 |
| Fraud Analytics Manager | 7+ years | $98,638 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Fraud Risk Specialist IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Fraud Risk Specialist III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $99,059. While startup companies pay approximate $83,802.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $83,802 |
| Growth Stage | 51~500 | $88,630 |
| Established | 501~5000 | $95,659 |
| Enterprise | 5000+ | $99,059 |
For Fraud Risk Specialist III roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Fraud Risk Specialist positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Fraud Risk Specialist III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $132,735 | $64.0 | 50% |
Understanding how a Fraud Risk Specialist III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $103,190 | $8,599 | $1,984 | $50 |
| Average | $88,490 | $7,374 | $1,702 | $43 |
| 25th Percentile | $75,890 | $6,324 | $1,459 | $36 |
For a Fraud Risk Specialist III, the most direct path to higher earnings is advancing to the Fraud Monitoring and Detection Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $69,700 - a projected growth of -21% over your current level.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Fraud Risk Specialist III and their salaries, click below for more details.
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Ready to take the next step in your career? Browse thousands of current Fraud Risk Specialist III job openings on our job board. Use the search bar below to find your perfect match.
MD Staff, LLC
Columbus, OH
MD Staff, LLC | Columbus, OH
Neurologist Locum Tenens Opportunity Near Columbus, OH. We are excited to offer a rewarding locum tenens opportunity for a Board Certified or Board Eligibl... more
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Columbus, OH
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Columbus, OH
KreilKamp Trucking | Columbus, OH
Regional CDL A Drivers | NEW Grads Welcome | Earn $70,000+ Annually. We're proud to be a 4th generation family truck line, started in 1935, but even proude... more
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Maxim Healthcare
Columbus, OH
Maxim Healthcare | Columbus, OH
Private duty nursing (PDN) allows medically fragile patients to receive quality, skilled nursing care in the comfort of their home: a setting preferred by ... more
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The Software & Networking industry offers the highest average compensation for Fraud Risk Specialist III roles, with salaries approximately 50% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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