What they do
Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
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Also called: |
Anti-Fraud Operations Analyst, Casino Gaming Regulator, Certified Fraud Examiner (CFE), Confidential Investigator, Financial Crimes Investigator, Financial Investigator, Forensic Accountant, Fraud Analyst, Investigator, Special Investigations Unit Investigator (SIU Investigator)
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Wages
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Financial Specialists, All Other* |
Vermont - 2023 |
Percentile1 | Hourly | Yearly |
10% |
$ 25.24 |
$52,500 |
25% |
$ 28.81 |
$59,920 |
Median |
$ 33.74 |
$70,180 |
75% |
$ 41.78 |
$86,900 |
90% |
$ 57.70 |
$120,020 |
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Average |
$ 38.22 |
$79,510 |
* You're seeing information for "Financial Specialists, All Other" because it includes "Fraud Examiners, Investigators and Analysts" for which wage information is not available. |
1 What are Percentile Wages? |
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Industries of Employment
Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other* |
United States - 2020 |
Industry | Percent of total |
- Securities, commodity contracts, and other financial investments and related activities
| 18% |
- Credit intermediation and related activities
| 14% |
- Professional, scientific, and technical services
| 11% |
- Management of companies and enterprises
| 11% |
- Insurance carriers and related activities
| 7% |
* You're seeing information for "Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other" because it includes "Fraud Examiners, Investigators and Analysts" for which industries of employment information is not available. |
More at BLS |
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Knowledge
People in this career often know a lot about: |
- English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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- Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
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- Law and Government
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
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- Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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- Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
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Skills
People in this career often have these skills: |
- Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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- Writing
Communicating effectively in writing as appropriate for the needs of the audience.
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- Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
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- Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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- Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
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Interests
People in this career often prefer these work environments: |
- Enterprising
Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
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- Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.
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- Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
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Work Styles
People in this career will do well at jobs that need: |
- Integrity
Job requires being honest and ethical.
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- Attention to Detail
Job requires being careful about detail and thorough in completing work tasks.
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- Analytical Thinking
Job requires analyzing information and using logic to address work-related issues and problems.
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- Dependability
Job requires being reliable, responsible, and dependable, and fulfilling obligations.
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- Cooperation
Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.
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Tasks
On the job, you would: |
- Gather financial documents related to investigations.
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- Interview witnesses or suspects and take statements.
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- Prepare written reports of investigation findings.
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- Document all investigative activities.
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- Create and maintain logs, records, or databases of information about fraudulent activity.
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Related Occupations
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Career Video
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Projected Employment
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Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other* |
Vermont |
2020 employment |
422 |
2030 employment |
454 |
Annual percent change (compounded) |
0.7% |
Annual projected job openings (due to change and separations) |
36 |
* You're seeing information for "Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other" because it includes "Fraud Examiners, Investigators and Analysts" for which projected employment information is not available. |
More at Occupational Projections |
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Education and Experience:
Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other* |
- Typical education needed for entry
Bachelor's degree
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- Work experience in a related occupation
None
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- Typical on-the-job training needed to attain competency
None
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* You're seeing information for "Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other" because it includes "Fraud Examiners, Investigators and Analysts" for which education and experience information is not available. |
Based on BLS Education and Training Classifications |
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Physical Work Activity
Performing physical activities that require considerable use of your arms and legs and moving your whole body, such as climbing, lifting, balancing, walking, stooping, and handling materials. |
- Physical activity is Somewhat Important
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Low | | High |
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Compare Occupations at O*NET |
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Job Zone
Considerable Preparation Needed |
- Specific Vocational Preparation Range
(7.0 to < 8.0) - A typical worker will require
over 2 years up to and including 4 years
of training to achieve average performance in this occupation.
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Based on O*Net Job Zones and SVP |
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Education Level
How much education do most people in this career have? |
Education level | | Percent of U.S. Workers |
Doctoral or professional degree or post-MA certificate | | 0% |
Master's degree or post-BA certificate | | 17% |
Bachelor's degree | | 75% |
Associate's degree | | 4% |
Certificate or some college, no degree | | 4% |
High school diploma or equivalent | | 0% |
Less than high school diploma | | 0% |
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Abilities
People in this career often have talent in: |
- Written Expression
The ability to communicate information and ideas in writing so others will understand.
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- Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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- Problem Sensitivity
The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
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- Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
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- Inductive Reasoning
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
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Work Activities
In general, what you might do: |
- Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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- Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
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- Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
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- Communicating with Supervisors, Peers, or Subordinates
Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
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- Making Decisions and Solving Problems
Analyzing information and evaluating results to choose the best solution and solve problems.
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Detailed Work Activities
What you might do in a day: |
- Gather financial records.
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- Prepare legal or investigatory documentation.
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- Interview witnesses, suspects, or claimants.
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- Document information related to legal proceedings.
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- Maintain data in information systems or databases.
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More at O*NET |
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Other Resources
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- CareerOneStop
resource for job seekers, students, businessess and career professionals
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- O*NET Online
nation's primary source of occupational information
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