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
For those seeking to advance their careers in the finance sector, Fraud Analyst courses in Western Australia provide an excellent opportunity to develop specialised skills in fraud detection and prevention. These courses are designed for learners who have prior experience or qualifications, ensuring that participants can engage with the material in a meaningful way. The recognised training providers offer high-quality education through vocational education and training (VET) frameworks, tailored to meet the demands of the industry.
One of the standout offerings available in this region is the Diploma of Fraud Control PSP50716. This comprehensive course equips participants with the knowledge necessary to combat fraud effectively, covering critical topics related to regulatory compliance, risk assessment, and investigation techniques. Completing this diploma not only enhances your CV but also significantly increases your employability in the dynamic job market of Western Australia.
In addition to fraud analysis, the courses are interconnected with various fields of study, including Finance courses. Exploring subcategories such as Banking and Credit Services can further broaden your understanding of the financial landscape in Australia. As a Fraud Analyst, having a solid grasp on these related areas can be a significant advantage, contributing to a more comprehensive approach to fraud management.