Fraud Risk Analyst Salary in Worcester, Massachusetts

How much does a Fraud Risk Analyst make in Worcester, MA?

As of April 01, 2025, the average annual salary for a Fraud Risk Analyst in Worcester, MA is $69,061. Salary.com reports that pay typically ranges from $60,879 to $78,768, with most professionals earning between $53,430 and $87,606.

Search Fraud Risk Analyst Jobs in Worcester, MA

How to Become a Risk Analyst

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Fraud Risk Analyst

$60,879 to $78,768

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Fraud Risk Analyst Salary:
Select State
Select City in MA
Choose Similar Job
Pick Related Category
View Cost of Living in Worcester, Massachusetts

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Fraud Risk Analyst

Review the job openings and experience requirements for the Fraud Risk Analyst job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Fraud Risk Analyst.

Search Fraud Risk Analyst Job Openings

Job Openings for Fraud Risk Analyst in Worcester, MA

What does a Fraud Risk Analyst do?

Common responsibilities of a Fraud Risk Analyst

Prepare project status reports and presentations to keep management, customers and others informed of the project status and issues.

January 13, 2023

Communicate crisis incidents to the appropriate audience, including obtaining prior approval from RISC leadership on select incidents.

December 14, 2022

Support training efforts for the LP organization on utilization of new reports and techniques to identify and address potential losses to the company.

February 11, 2023

Participate in periodic review sessions to validate operational consistency is documented and demonstrated.

March 03, 2023

Implement and execute daily/weekly/monthly control status reports.

March 07, 2023

Assist the Risk Management team in performing trending and forecasting of fraud in various financial portfolios.

March 12, 2023

Document new control opportunities or update existing procedures to align with policy driven standards.

April 06, 2023

Develop and maintain effective working relationships with field and corporate LP partners to identify, investigate, and resolve all potential theft and operational loss in a timely manner.

April 18, 2023

Required technical skills may include SQL, SAS, Teradata, Oracle, UNIX and MS Office related products including Excel (Pivot tables, charts / graphs and formulas) on the analytical roles.

April 25, 2023

Actively collaborate with cross-functional business partners and analytics teams to design and generate advanced analytics and machine learning solutions.

May 13, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Fraud Risk Analyst Salary By Experience Levels in Worcester, MA

How much should you be earning in Fraud Risk Analyst in Worcester, MA based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Fraud Risk Analyst in Worcester, MA

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Fraud Risk Analyst Salary By Level of Education in Worcester, MA

Do you know how much should you be paid for a Fraud Risk Analyst position in Worcester, MA based on your education level?

Tell us about your education and see an estimate of earnings for Fraud Risk Analyst in Worcester, MA and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Fraud Risk Analyst in Worcester, MA

Average Base Salary

Core compensation

60879

78768

69061

Average Total Cash Compensation

Includes base and annual incentives

62435

82307

71243

What is the average salary for Fraud Risk Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Fraud Risk Analyst in Worcester, MA. The base salary for Fraud Risk Analyst ranges from $60,879 to $78,768 with the average base salary of $69,061. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,435 to $82,307 with the average total cash compensation of $71,243.

View Average Salary for Fraud Risk Analyst as table

	Average Salary	Average Salary Range
Base Salary	$69,061	$60,879 - $78,768
Bonus	$2,182	$1,556 - $3,538
Total Pay	$71,243	$62,435 - $82,307

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Fraud Risk Analyst Salary Near Worcester, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Worcester, MA
CITY, STATE Leominster, MA	AVERAGE SALARY RANGE $60,746 - $78,596	COMPARE TO Worcester, MA
CITY, STATE Fitchburg, MA	AVERAGE SALARY RANGE $61,349 - $79,377	COMPARE TO Worcester, MA
CITY, STATE Framingham, MA	AVERAGE SALARY RANGE $62,638 - $81,044	COMPARE TO Worcester, MA
CITY, STATE Newton, MA	AVERAGE SALARY RANGE $64,745 - $83,771	COMPARE TO Worcester, MA
CITY, STATE Woonsocket, RI	AVERAGE SALARY RANGE $60,101 - $77,762	COMPARE TO Worcester, MA
CITY, STATE Medford, MA	AVERAGE SALARY RANGE $64,745 - $83,771	COMPARE TO Worcester, MA

See salaries for Fraud Risk Analyst in locations close to Worcester, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Worcester, Massachusetts

Worcester has a total area of 38.6 square miles (100 km2), 37.6 square miles (97 km2) of land and 1.0 square mile (2.6 km2) (roughly 2.59%) of water. Worcester is bordered by the towns of Auburn, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, and West Boylston. Worcester is known as the Heart of the Commonwealth, because of its proximity to the center of Massachusetts. The city is about 40 miles (64 km) west of Boston, 50 miles (80 km) east of Springfield, and 38 miles (61 km) northwest of Providence, Rhode Island. The Blackstone River forms in the center of Worcester by the conflue...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Fraud Risk Analyst in Worcester, MA

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Fraud And Risk Analyst	LOCATION Worcester, MA	MINIMUM SALARY $57,351	MAXIMUM SALARY $74,294
JOB TITLE Fraud Risk Manager	LOCATION Worcester, MA	MINIMUM SALARY $95,918	MAXIMUM SALARY $123,908
JOB TITLE Fraud Risk Advisor	LOCATION Worcester, MA	MINIMUM SALARY $71,959	MAXIMUM SALARY $93,482
JOB TITLE Fraud Analyst	LOCATION Worcester, MA	MINIMUM SALARY $51,180	MAXIMUM SALARY $68,349
JOB TITLE Credit Card Fraud Analyst	LOCATION Worcester, MA	MINIMUM SALARY $40,492	MAXIMUM SALARY $58,357
JOB TITLE Fraud Investigative Analyst	LOCATION Worcester, MA	MINIMUM SALARY $62,500	MAXIMUM SALARY $83,700

The Fraud Risk Analyst job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Worcester, MA that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.