Post job

Crime specialist vs fraud specialist

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 vs fraud specialist overview

Crime SpecialistFraud Specialist
Yearly salary$35,227$37,709
Hourly rate$16.94$18.13
Growth rate11%6%
Number of jobs1,23919,890
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 42%
Average age3843
Years of experience44

What does a crime specialist do?

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.

What does a fraud specialist do?

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 specialist vs fraud specialist salary

Crime specialists and fraud specialists have different pay scales, as shown below.

Crime SpecialistFraud Specialist
Average salary$35,227$37,709
Salary rangeBetween $26,000 And $47,000Between $25,000 And $56,000
Highest paying CitySalt Lake City, UTNew York, NY
Highest paying stateAlaskaNew York
Best paying companyCollaberaGoldman Sachs
Best paying industryFinanceFinance

Differences between crime specialist and fraud specialist education

There are a few differences between a crime specialist and a fraud specialist in terms of educational background:

Crime SpecialistFraud Specialist
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 42%
Most common majorBusinessBusiness
Most common collegeStanford UniversityCalifornia State University - Bakersfield

Crime specialist vs fraud specialist demographics

Here are the differences between crime specialists' and fraud specialists' demographics:

Crime SpecialistFraud Specialist
Average age3843
Gender ratioMale, 35.1% Female, 64.9%Male, 37.3% Female, 62.7%
Race ratioBlack 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 Percentage8%4%

Differences between crime specialist and fraud specialist duties and responsibilities

Crime specialist example responsibilities.

  • Manage customer information in customer management systems CIV.
  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Perform general account handling functions such as close account determination, holds, restraints, among other job responsibilities.
  • Navigate multiple systems for information to perform general account handling functions, such as closing accounts, holds, and restraints.
  • Update the organization about the current AML relate industry standards, procedures, and practices
  • Used decision making skills to process claims for debit card/ATM and ACH fraud claims.
  • Show more

Fraud specialist example responsibilities.

  • Manage A/R and financial functions for large automotive global account, generating annual revenues in excess of $100M/contract year.
  • Identify violations of FDCPA, FCRA.
  • Work with mainframe and online systems to file fraud disputes and ACH debits as well as ATM transaction.
  • Adhere to policies of the FCRA and laws enforce by the CFPB.
  • Specialize in BSA and AML compliance.
  • Resolve credit bureau disputes using e-Oscar for regulations and handling.
  • Show more

Crime specialist vs fraud specialist skills

Common crime specialist skills
  • Criminal Justice, 7%
  • Anti-Money Laundering, 7%
  • Secrecy, 6%
  • Bank Secrecy Act, 6%
  • AML, 6%
  • Direct Communication, 4%
Common fraud specialist skills
  • Fraud Losses, 6%
  • Inbound Calls, 5%
  • Outbound Calls, 5%
  • Phone Calls, 5%
  • Fraud Trends, 5%
  • Good Judgment, 5%

Browse life, physical, and social science jobs