Fraud Investigator Job Description Example

By | August 27, 2023
Fraud investigator job description, duties, tasks, and responsibilities
Fraud investigators detect fraudulent activities in organizations and identify parties involved.

Fraud Investigator Job Description Example

What Does a Fraud Investigator Do?

Fraud investigators are tasked with the responsibility of detecting illegal fiscal operations and managing cases of financial misappropriation.

The fraud investigator job description entails conducting investigations to uncover fraudulent activities and the parties involved.

Fraud investigators find relevance in an array of fields ranging from private establishments to government agencies and insurance companies where they work in various capacities to identify and resolve unlawful financial maneuvers.

In fulfilling their role, fraud investigators carry out investigations to verify financial suspicions or allegations of fraud against an organization.

They gather and analyze relevant documents or evidence to obtain information useful in confirming or disregarding a fraud complaint.

They also conduct staff interrogation, analyze company processes and carry out other necessary checks to establish the facts of a fraud case.

Fraud investigators are also responsible for conducting surveys and research to obtain information necessary in proceeding with an investigation.

They may embark on field research where they visit various locations to obtain evidence, question witnesses, and review financial records.

As part of their duties, fraud investigators liaise with other professionals such as law enforcement agents, legal attorneys and medical doctors in order to interpret obtained evidence and assist with the resolution of technical difficulties.

They often work as part of a team to contribute and ensure the effective resolution of a complex case.

They employ tact when interacting with suspects; they usually engage suspects in a psychological dialogue to arrive at rational conclusions from the statements and accessions of the suspects.

Their work description also entails maintaining accurate record of interrogations and general investigations operations.

Fraud investigators maintain an up-to-date knowledge of all government laws as relate to money laundering and forgeries.

They employ this knowledge in conducting effective investigations to determine financial violations or maneuver.

They also produce detailed reports at the end of an investigation to identify individuals behind a fraud and the strategy they employed.

Fraud investigators as part of their duties recommend punitive measures and recovery plan for lost funds.

The fraud investigator job requires at least a high school diploma although most employers prefer individuals with a Bachelor’s degree in business, criminal justice, and accounting.

Qualities needed for the job include interpersonal, interviewing/interrogation, and communication skills.

Fraud Investigator Job Description Example/Template

If you are looking for a perfect job description example to use in hiring and allocating duties, tasks, and responsibilities to newly hired fraud investigators, here is one:

  • Conduct interviews to obtain information useful in resolving a fraud case
  • Collect, analyze, and interpret relevant documents and financial records to obtain clues regarding a monetary controversy
  • Carry out analysis of obtained evidences and clues to determine possible suspects
  • Collaborate with medical, tech, and legal professionals to develop strategies useful in resolving a fraud
  • Maintain an honest/ethical benchmark when conducting investigations to ensure a non-discriminatory analysis
  • Ensure accurate documentation and record of all interrogations and overall investigative operations
  • Interrogate suspects to obtain information or clues useful in cracking illegal financial schemes
  • Proffer recommendations to organizations on ways to minimize risk of fraud
  • Conduct investigations to arrive at logical conclusions as to the identities of fraud perpetrators and the strategies they employed
  • Analyze financial documents and data to identify inconsistencies in records
  • Utilize various IT and accounting tools in detecting financial discrepancies
  • Develop and implement effective strategies useful in addressing a fraud situation
  • Oversee the orienting and training of fraud investigation personnel
  • Maintain an up-to-date knowledge of trends in financial maneuvers as well as current techniques employed in detecting fraudulent operations.

Fraud Investigator Resume Preparation

Are you looking to build a fraud investigator resume? If so, the above listed duties will serve as an essential guide in completing the work experience section of your resume.

The work experience part of your resume shows to employers that you have actually previously performed the functions of a fraud investigator and so can be trusted to succeed on the job.

The sample work description for the role given above makes it easy and fast to produce your resume’s job experience, with some modifications where necessary.

Requirements – Skills, Abilities, and Knowledge – for Fraud Investigator Job

To pick the right candidate who can succeed on the job of a fraud investigator, employers generally set the following as standard requirements to qualify for the role:

  • Education and Training: To become a fraud investigator, a Bachelor’s degree in business, criminal justice, or in a related field is required. Experience as a private investigator, examiner, or other law enforcement agent is also essential in accessing the job
  • Interpersonal Skills: Fraud investigators are able to work with investigation team mates, legal counsels and other professionals to achieve an objective
  • Interviewing/Interrogation Skills: They are skilled in questioning witnesses and probing suspects to establish the facts of an investigation
  • Communication Skills: They are adept at presenting the findings of an investigation using precise language and expression.
  • See detailed fraud investigator skills to be best on the job.

Fraud Investigator Skills for Resume

Again, if you are creating a resume for the fraud investigator job, you can adopt the qualities required for the job given above in making the skills section of the resume.

The skills section tells the employer that you’ve got the relevant skills and qualities to carry out the job description that will be given to you effectively.


The fraud investigator job description provides in-depth duties and responsibilities to improve your knowledge of the role if you are thinking of a career in fraud investigation.

The fraud investigator job description template can also be applied by employers in creating the right work description for their recruitment process.

Did this post increase your knowledge of what fraud investigators do? Please leave a comment in the box below; you can also share additional duties of a fraud investigator that you know.