Compliance and Fraud Analyst Overview

Required Education and Training To Become a Compliance and Fraud Analyst

Best Schools to become a Compliance and Fraud Analyst in U.S. 2024

University of Massachusetts-Amherst

Amherst, MA

In-State Tuition:$16,186
Out-of-State Tuition:$37,405
Admission Rate:64%
Graduation Rate:83%
Total Enrollment:32,229

Hult International Business School

Cambridge, MA

In-State Tuition:$48,375
Out-of-State Tuition:$48,375
Admission Rate:48%
Graduation Rate:64%
Total Enrollment:2,176

Ohio University-Main Campus

Athens, OH

In-State Tuition:$13,352
Out-of-State Tuition:$23,720
Admission Rate:87%
Graduation Rate:65%
Total Enrollment:24,145

Western Kentucky University

Bowling Green, KY

In-State Tuition:$11,112
Out-of-State Tuition:$27,072
Admission Rate:97%
Graduation Rate:51%
Total Enrollment:16,493

Columbia University in the City of New York

New York, NY

In-State Tuition:$61,989
Out-of-State Tuition:$61,989
Admission Rate:4%
Graduation Rate:95%
Total Enrollment:34,782

Fordham University

Bronx, NY

In-State Tuition:$56,920
Out-of-State Tuition:$56,920
Admission Rate:54%
Graduation Rate:83%
Total Enrollment:16,556
Compliance and Fraud Analyst Job Description:
  • Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations.
  • May coordinate fraud detection and prevention activities.

Required Skills and Competencies To Become a Compliance and Fraud Analyst

Job Duties for Compliance and Fraud Analysts

  • Gather financial documents related to investigations.

  • Interview witnesses or suspects and take statements.

  • Prepare written reports of investigation findings.

Technologies and Skills Used by Compliance and Fraud Analysts

Business intelligence and data analysis software

  • TIBCO Spotfire
  • Tableau

Data base user interface and query software

  • Microsoft SQL Server
  • Structured query language SQL

Presentation software

  • Microsoft PowerPoint

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Writing things for co-workers or customers

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Social

  • Changing what is done based on other people's actions
  • Understanding people's reactions

Current Job Market and Opportunites for a Compliance and Fraud Analyst

Additional Resources To Help You Become a Compliance and Fraud Analyst

FAQs About Becoming a Compliance and Fraud Analyst