This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Fraud Analyst monitors financial transactions to detect fraud, collecting evidence and preparing reports while ensuring compliance with regulations.
Get qualified to work as a Fraud Analyst with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Fraud Analyst generally earns $2,150 per week ($111,800 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
Employment numbers in this industry have remained stable over the last five years. There are currently 51,400 people working in this field in Australia and many of them specialise as a Fraud Analyst. Fraud Analysts may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
If a career as a Fraud Analyst interests you, consider enrolling in a Certificate IV in Procurement and Contracting. This course covers topics such as strategic procurements, risk management and contract management. You could also advance your studies with a Diploma or Advanced Diploma of Procurement and Contracting.
Browse occupations related to Fraud Analyst
If you are looking to advance your career in the finance sector, consider enrolling in the Diploma of Fraud Control PSP50716. This is one of the few specialised Fraud Analyst courses in Albany, tailored for experienced learners seeking to deepen their expertise in fraud prevention and control strategies. With the growing concerns around fraud in various industries, having a robust understanding of fraud analysis is essential. This course not only enhances your skill set but also boosts your employability in a competitive job market.
Embarking on a career as a Fraud Analyst opens up numerous opportunities in Albany and beyond. Completing a certified Fraud Analyst course enables you to explore diverse job roles such as a Credit Officer, Collections Officer, or even a Mortgage Broker. The skills acquired in fraud analysis are transferable and highly regarded in various sectors, including banking, finance, and credit services.
For those interested in further branching out, there are numerous related fields of study that complement a Fraud Analyst career. Exploring Finance courses and Banking and Credit Services can provide you with a well-rounded knowledge base that enhances your capabilities as a financial professional. By investing in your education, you are positioning yourself for roles that require high levels of trustworthiness and analytical skills, such as Credit Manager or Investment Banker.
The Albany region offers a unique perspective on the importance of fraud analysis, especially given the increasing prevalence of financial crimes. Completing a dedicated course equips you with the necessary frameworks and tools to tackle these challenges effectively. As you progress through your studies, consider the various related roles available, including Banking Officer and Lending Officer, to expand your career horizons.
In summary, investing in Fraud Analyst courses in Albany is a strategic move for anyone serious about building a successful career in finance. With only one course currently offered locally, the opportunity to specialise in fraud control is both rare and valuable. Equip yourself with the skills needed to face modern financial challenges and explore the many available career pathways in an ever-evolving landscape. Whether you're aiming for positions like Financial Engineer or Chartered Financial Analyst, take the leap and start your journey today!