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The differences between fraud analysts and crime analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a fraud analyst and a crime analyst. Additionally, a crime analyst has an average salary of $60,253, which is higher than the $53,187 average annual salary of a fraud analyst.
The top three skills for a fraud analyst include customer service, fraud prevention and SQL. The most important skills for a crime analyst are criminal justice, AML, and patrol.
| Fraud Analyst | Crime Analyst | |
| Yearly salary | $53,187 | $60,253 |
| Hourly rate | $25.57 | $28.97 |
| Growth rate | 6% | 3% |
| Number of jobs | 10,891 | 29,095 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 68% |
| Average age | 43 | 44 |
| Years of experience | 4 | 4 |
Fraud analysts are responsible for monitoring bank accounts, accounting paperwork, and financial transactions. They analyze the data to identify any fraudulent and suspicious activities within an organization. Their duties and responsibilities may vary depending on which industries they work in. These may include keeping the confidentiality of any collected information, resolving customers' problems, and maintaining fraud analysis models to enhance the effectiveness and efficiency of company systems. Fraud analysts are also expected to provide recommendations for anti-fraud processes and new software tools to improve fraud detection and prevention.
A crime analyst specializes in gathering and processing data to help law enforcement solve and prevent crimes. They prioritize accurate and sufficient data collection, which is why they visit crime scenes to collect pieces of evidence such as DNA and photographs according to a set of protocols. They must also conduct interviews with witnesses, possible suspects, first responders, and other law enforcement officers. Through the evidence gathered, a crime analyst produces detailed results and reports that will help police officers and detectives to navigate through the cases.
Fraud analysts and crime analysts have different pay scales, as shown below.
| Fraud Analyst | Crime Analyst | |
| Average salary | $53,187 | $60,253 |
| Salary range | Between $30,000 And $92,000 | Between $44,000 And $82,000 |
| Highest paying City | San Francisco, CA | Baton Rouge, LA |
| Highest paying state | Rhode Island | Louisiana |
| Best paying company | Aspiration | Citi |
| Best paying industry | Finance | Government |
There are a few differences between a fraud analyst and a crime analyst in terms of educational background:
| Fraud Analyst | Crime Analyst | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 68% |
| Most common major | Business | Criminal Justice |
| Most common college | California State University - Bakersfield | California State University - Bakersfield |
Here are the differences between fraud analysts' and crime analysts' demographics:
| Fraud Analyst | Crime Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 41.0% Female, 59.0% | Male, 46.7% Female, 53.3% |
| Race ratio | 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% | Black or African American, 12.5% Unknown, 5.0% Hispanic or Latino, 16.2% Asian, 2.9% White, 62.8% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 4% | 9% |