1. Where can a Fraud Detection Manager earn the most?
A Fraud Detection Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Fraud Detection Manager earns the most in San Jose, CA, where the annual salary of a Fraud Detection Manager is $124,412.
2. What is the highest pay for Fraud Detection Manager?
The highest pay for Fraud Detection Manager is $136,278.
3. What is the lowest pay for Fraud Detection Manager?
The lowest pay for Fraud Detection Manager is $73,903.
4. What are the responsibilities of Fraud Detection Manager?
Manages the team responsible for detecting and investigating suspicious financial activities. Establishes and implements policies and procedures for detecting fraud and conducting fraud activity investigations. Monitors the examination and analysis of transactions, looking for anomalies and irregularities. Researches, documents, and implements best practices in the fraud detection industry. Leads cross-functional initiatives to proactively detect and prevent fraud from occurring. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
5. What industry pays the highest salary for Fraud Detection Manager?
The Pharmaceuticals industry offers the highest average compensation for Fraud Detection Manager roles,
with salaries approximately 35% above the market median.
