Experience Requirements Overview

  • Job Zone Four: Considerable Preparation Needed
  • A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
  • Most of these occupations require a four-year bachelor's degree, but some do not.
  • Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Education, Training and Experience

Required Level of Education: Bachelor's Degree

Related Work Experience: Over 2 years, up to and including 4 years

On-Site or In-Plant Training: Up to and including 1 month

On-the-Job Training: Over 6 months, up to and including 1 year

Detailed Work Activities

  • Update professional knowledge.
  • Train personnel to enhance job skills.
  • Collect evidence for legal proceedings.
  • Obtain documentation to authorize activities.
  • Inform individuals or organizations of status or findings.

Work Values

Achievement

Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

Working Conditions

Recognition

Relationships

Support

Independence

Tasks

  • Gather financial documents related to investigations.
  • Interview witnesses or suspects and take statements.
  • Prepare written reports of investigation findings.
  • Document all investigative activities.
  • Create and maintain logs, records, or databases of information about fraudulent activity.
  • Coordinate investigative efforts with law enforcement officers and attorneys.
  • Lead, or participate in, fraud investigation teams.
  • Testify in court regarding investigation findings.
  • Prepare evidence for presentation in court.
  • Recommend actions in fraud cases.
  • Review reports of suspected fraud to determine need for further investigation.
  • Design, implement, or maintain fraud detection tools or procedures.
  • Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.
  • Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques.
  • Evaluate business operations to identify risk areas for fraud.
  • Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts.
  • Advise businesses or agencies on ways to improve fraud detection.
  • Train others in fraud detection and prevention techniques.
  • Conduct field surveillance to gather case-related information.
  • Negotiate with responsible parties to arrange for recovery of losses due to fraud.
  • Research or evaluate new technologies for use in fraud detection systems.
  • Obtain and serve subpoenas.
  • Arrest individuals to be charged with fraud.

Work Styles

Achievement/Effort

Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.

Persistence

Initiative

Leadership

Cooperation

Concern for Others

Social Orientation

Self-Control

Stress Tolerance

Adaptability/Flexibility

Dependability

Attention to Detail

Integrity

Independence

Innovation

Analytical Thinking

Data Source: This page includes information from the O*NET 28.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. This page includes Employment Projections program, Occupational Employment and Wage Statistics program, U.S. Bureau of Labor Statistics.