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The differences between crime specialists and fraud specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a crime specialist and a fraud specialist. Additionally, a fraud specialist has an average salary of $37,709, which is higher than the $35,227 average annual salary of a crime specialist.
The top three skills for a crime specialist include criminal justice, anti-money laundering and secrecy. The most important skills for a fraud specialist are fraud losses, inbound calls, and outbound calls.
| Crime Specialist | Fraud Specialist | |
| Yearly salary | $35,227 | $37,709 |
| Hourly rate | $16.94 | $18.13 |
| Growth rate | 11% | 6% |
| Number of jobs | 1,239 | 19,890 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 42% |
| Average age | 38 | 43 |
| Years of experience | 4 | 4 |
The duties of a Crime Specialist usually depend on their place of employment. Their responsibilities include visiting crime scenes, gathering and analyzing pieces of evidence, conducting interviews with witnesses, utilizing forensic equipment and techniques, taking photographs or videos, and preparing reports and other paperwork. They may also attend court hearings, provide insights, and train new members of the workforce. Crime Specialists work together with law enforcement, which requires an active communication line for a smooth and efficient workflow.
A fraud specialist is responsible for tracking and monitoring illegal transactions on customers' financial accounts without the authorization of the account owner. Fraud specialists report any suspicious account movements and unusual transactions that may be risky to the financial institution and customers. They may suspend a flagged account temporarily until the investigation is complete, verifying all transaction details and keep all information confidential until further notice. A fraud specialist must have excellent communication and critical-thinking skills to identify and resolve financial cases immediately to prevent loss and reputational damage to the bank.
Crime specialists and fraud specialists have different pay scales, as shown below.
| Crime Specialist | Fraud Specialist | |
| Average salary | $35,227 | $37,709 |
| Salary range | Between $26,000 And $47,000 | Between $25,000 And $56,000 |
| Highest paying City | Salt Lake City, UT | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | Collabera | Goldman Sachs |
| Best paying industry | Finance | Finance |
There are a few differences between a crime specialist and a fraud specialist in terms of educational background:
| Crime Specialist | Fraud Specialist | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 42% |
| Most common major | Business | Business |
| Most common college | Stanford University | California State University - Bakersfield |
Here are the differences between crime specialists' and fraud specialists' demographics:
| Crime Specialist | Fraud Specialist | |
| Average age | 38 | 43 |
| Gender ratio | Male, 35.1% Female, 64.9% | Male, 37.3% Female, 62.7% |
| Race ratio | Black or African American, 9.5% Unknown, 6.0% Hispanic or Latino, 16.8% Asian, 10.4% White, 56.2% American Indian and Alaska Native, 1.1% | Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 8% | 4% |