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
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In Ballarat, you can also explore various job roles that complement your studies in Fraud Analysis. For instance, becoming a Credit Officer or a Collections Officer could be the next step after your training. These positions allow you to utilise your analytical skills in assessing financial risks while also giving you exposure to banking operations. Additionally, roles such as a Mortgage Broker or Bank Teller highlight the diverse opportunities available in your local industry.
The courses available in Ballarat not only focus on fraud detection techniques but also cover essential skills needed for various positions, including Credit Analyst and Lending Officer. As you advance in your career, you might even aspire to become a Credit Manager or a Finance Specialist. The robust training options in Ballarat ensure you are well-prepared and competent to tackle the challenges of the finance sector.
Opting for Fraud Analyst courses in Ballarat is a great decision for those keen on building a secure future in finance. With the rise of digital transactions and online banking, the demand for skilled professionals who can detect and prevent fraud is at an all-time high. As you embark on this educational journey, keep in mind the potential to grow into advanced roles, such as Investment Banker or Chartered Financial Analyst. Whether you’re starting out or seeking to enhance your skills, the local training opportunities in Ballarat can guide you toward a successful and fulfilling career.