Average Fraud Detection Manager Salary in Chad for 2024

In this article, we will look at the average Fraud Detection Manager salary for 2024 in Chad and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Central African CFA franc. To keep things simple, we are using the XAF currency code instead of the currency symbol Fr.

How Much Does a Fraud Detection Manager Make in Chad?

A Fraud Detection Manager working in Chad will typically earn around 9,744,400 XAF per year, and this can range from the lowest average salary of about 5,063,200 XAF to the highest average salary of 14,880,300 XAF.

Average Annual Salary
9,744,400 XAF
Average Monthly Salary
812,033 XAF

Lowest Annual Salary
5,063,200 XAF
Lowest Monthly Salary
421,933 XAF

Highest Annual Salary
14,880,300 XAF
Highest Monthly Salary
1,240,025 XAF

These are average salaries for a Fraud Detection Manager in Chad and include benefits such as housing and transport. It's also possible for a Fraud Detection Manager to earn more or less than the average salaries shown above.

Fraud Detection Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Fraud Detection Manager Salaries in Chad

So we've looked at the average salaries a Fraud Detection Manager will earn in Chad. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Fraud Detection Manager can earn between 5,063,200 XAF and 14,880,300 XAF on average in Chad. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Fraud Detection Manager in Chad is 9,346,600 XAF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 9,346,600 XAF, and 50% of the population earn more than 9,346,600 XAF.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Fraud Detection Manager salary in Chad, 25% of the population are earning less than 6,480,800 XAF while 75% of the population earn more than 6,480,800 XAF.

75% of the population earn less than 11,638,300 XAF, and 25% of the population earn more than 11,638,300 XAF.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Fraud Detection Manager Salary by Experience Level in Chad

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average fraud detection manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Fraud Detection Manager in Chad that has less than two years of experience can expect to earn somewhere in the region of 5,747,700 XAF.
  • 2 - 5 Years Experience. With two to five years of experience the average Fraud Detection Manager salary would increase to 7,715,800 XAF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fraud Detection Manager, the average salary would be 10,032,600 XAF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,121,000 XAF.
  • 15 - 20 Years Experience. A Fraud Detection Manager with 15 to 20 years of experience can earn an average of 13,319,300 XAF.
  • 20+ Years Experience. For a Fraud Detection Manager with more than 20 years, the expected average salary increases to 13,919,600 XAF.

Average Salary by Experience Chart

0-2 Years
5,747,700 XAF
2-5 Years +34%
7,715,800 XAF
5-10 Years +30%
10,032,600 XAF
10-15 Years +21%
12,121,000 XAF
15-20 Years +9%
13,319,300 XAF
20+ Years +5%
13,919,600 XAF

Fraud Detection Manager Salary by Education Level in Chad

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Fraud Detection Manager in Chad based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Fraud Detection Manager in Chad with a bachelor's degree education can earn an average salary of 8,111,500 XAF.

  • Master's Degree. A Fraud Detection Manager in Chad with a master's degree education can earn an average salary of 11,255,300 XAF.

Average Salary by Education Chart

Bachelor's Degree
8,111,500 XAF
Master's Degree +39%
11,255,300 XAF

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Chad is around 2,440,000 to 7,310,000 XAF and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Fraud Detection Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Chad, a male fraud detection manager will earn an average of 10,475,000 XAF, while a female fraud detection manager will earn around 9,276,800 XAF.

This means that a male fraud detection manager earns approximately 13% more than a female fraud detection manager for performing the same job.

Average Salary by Gender Chart in Chad

Male
10,475,000 XAF
Female -13%
9,276,800 XAF

Fraud Detection Manager Average Pay Raise in Chad

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Fraud Detection Manager in Chad is around 10% every 28 months.

The national average pay raise across all professions and industries in Chad is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 28 ) × 12  = 4%

What this means is that a Fraud Detection Manager in Chad can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Chad for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Chad.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Fraud Detection Manager Bonus and Incentive Rates in Chad

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Fraud Detection Manager is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
62%
No Bonus
38%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Chad earn approximately 14% more than private sector employees in the same role.

Public Sector
6,142,600 XAF
Private Sector -14%
5,376,200 XAF

Salaries for Jobs Similar to a Fraud Detection Manager

In the table below, we have salary information for jobs that are similar to a Fraud Detection Manager in Chad.

Job Title Category Salary
AML Analyst Banking 8,785,800 XAF
Assistant Bank Branch Manager Banking 7,453,000 XAF
Assistant Bank Manager Banking 10,321,700 XAF
ATM Manager Banking 8,218,100 XAF
ATM Service Technician Banking 2,362,300 XAF
Bank Accounts Analyst Banking 3,503,800 XAF
Bank Accounts Collector Banking 2,100,900 XAF
Bank Accounts Controller Banking 4,332,900 XAF
Bank Accounts Executive Banking 6,696,900 XAF
Bank Accounts Manager Banking 7,331,800 XAF
Bank Auditing Manager Banking 7,930,200 XAF
Bank Branch Manager Banking 10,775,000 XAF
Bank Branch Operations Coordinator Banking 4,786,100 XAF
Bank Clerk Banking 2,052,200 XAF
Bank Client Service Associate Banking 2,759,700 XAF
Bank Collector Banking 2,015,600 XAF
Bank Compliance Specialist Banking 5,305,100 XAF
Bank Manager Banking 12,841,200 XAF
Bank Operational Risk Manager Banking 12,361,500 XAF
Bank Operations Head Banking 12,121,000 XAF
Bank Operations Officer Banking 5,038,200 XAF
Bank Operations Specialist Banking 7,596,200 XAF
Bank Process Manager Banking 6,648,800 XAF
Bank Product Manager Banking 8,029,300 XAF
Bank Programme Manager Banking 8,134,400 XAF
Bank Project Manager Banking 9,910,500 XAF
Bank Propositions Manager Banking 9,262,300 XAF
Bank Quantitative Analyst Banking 6,011,900 XAF
Bank Regional Manager Banking 12,239,700 XAF
Bank Regional Risk Officer Banking 6,505,500 XAF
Bank Relationship Manager Banking 9,385,400 XAF
Bank Relationship Officer Banking 4,056,200 XAF
Bank Teller Banking 2,266,400 XAF
Banker Banking 4,297,400 XAF
Banking Business Analyst Banking 6,529,400 XAF
Banking Business Development Officer Banking 4,006,500 XAF
Banking Business Planning Executive Banking 8,926,700 XAF
Banking Product Manager Banking 8,075,200 XAF
Banking Reference Data Manager Banking 6,709,300 XAF
Banking Risk Analyst Banking 6,635,400 XAF
Banking Technical Analyst Banking 3,469,900 XAF
Bankruptcy Coordinator Banking 4,703,900 XAF
Bill and Account Collector Banking 2,304,300 XAF
Budget Analyst Banking 6,407,600 XAF
Capital Risk Manager Banking 12,239,700 XAF
Cards Marketing Manager Banking 8,279,300 XAF
Cash Management Manager Banking 11,653,500 XAF
Check Processing Manager Banking 8,134,400 XAF
Commercial Vault Associate Banking 6,493,000 XAF
Corporate Banker Banking 4,810,800 XAF
Corporate Dealer Banking 6,635,400 XAF
Credit Analyst Banking 5,003,800 XAF
Credit and Collections Manager Banking 9,060,600 XAF
Credit Card Fraud Investigator Banking 6,552,400 XAF
Credit Portfolio Manager Banking 12,481,200 XAF
Credit Risk Analyst Banking 6,947,800 XAF
Credit Risk Associate Banking 6,887,700 XAF
Direct Bank Sales Representative Banking 4,690,500 XAF
Exchange Control Consultant Banking 6,624,300 XAF
Executive Account Analyst Banking 6,539,600 XAF
Financial Bank Planning Consultant Banking 8,257,300 XAF
Financial Banking Analysis Manager Banking 9,586,500 XAF
Financial Banking Assistant Banking 2,928,100 XAF
Financial Banking Systems Manager Banking 8,737,100 XAF
Foreign Exchange Manager Banking 9,744,400 XAF
Fraud Analyst Banking 6,709,300 XAF
Fraud Detection Associate Banking 4,558,700 XAF
Fraud Detection Supervisor Banking 5,735,900 XAF
Internal Bank Audit Manager Banking 11,782,700 XAF
Internal Bank Auditor Banking 6,529,400 XAF
Internal Private Banker Banking 4,667,500 XAF
International Banking Manager Banking 13,079,500 XAF
Investment Banking Analyst Banking 9,550,600 XAF
Loan Analyst Banking 6,263,400 XAF
Loan Area Manager Banking 8,149,100 XAF
Loan Audit Team Leader Banking 7,633,100 XAF
Loan Branch Manager Banking 7,140,500 XAF
Loan Business Development Officer Banking 4,006,500 XAF
Loan Clerk Banking 2,207,600 XAF
Loan Collection and Recovery Manager Banking 7,369,700 XAF
Loan Collection Manager Banking 7,812,200 XAF
Loan Collector Banking 2,100,900 XAF
Loan Examiner Banking 2,914,600 XAF
Loan Officer Banking 2,389,200 XAF
Loan Processing Manager Banking 6,791,800 XAF
Loan Processor Banking 2,953,200 XAF
Loan Quality Assurance Auditor Banking 6,274,900 XAF
Loan Quality Assurance Manager Banking 7,285,700 XAF
Loan Quality Assurance Representative Banking 5,053,200 XAF
Loan Review Manager Banking 7,211,600 XAF
Loan Team Leader Banking 6,709,300 XAF
Loans Manager Banking 8,820,700 XAF
Mortgage Advisor Banking 4,355,800 XAF
Mortgage Collection Manager Banking 7,669,900 XAF
Mortgage Collector Banking 2,015,600 XAF
Mortgage Credit Analyst Banking 3,421,600 XAF
Mortgage Credit Manager Banking 7,488,800 XAF
Mortgage Development Manager Banking 8,111,500 XAF
Mortgage Document Reviewer Banking 2,878,300 XAF
Mortgage Funding Manager Banking 8,062,900 XAF
Mortgage Operations Manager Banking 10,894,900 XAF
Mortgage Payment Processing Clerk Banking 2,508,300 XAF
Mortgage Processing Manager Banking 7,441,400 XAF
Mortgage Processor Banking 2,759,700 XAF
Mortgage Quality Assurance Auditor Banking 6,118,800 XAF
Mortgage Quality Assurance Manager Banking 7,309,600 XAF
Mortgage Servicing Clerk Banking 2,221,600 XAF
Mortgage Servicing Manager Banking 7,356,900 XAF
Mortgage Underwriter Banking 2,844,200 XAF
Online Banking Manager Banking 11,543,100 XAF
Payment Processing Clerk Banking 2,221,600 XAF
Personal Banker Banking 4,618,200 XAF
Personal Banking Advisor Banking 4,870,300 XAF
Phone Banker Banking 3,108,200 XAF
Private Banker Banking 4,726,900 XAF
Reconciliation and Investigation Specialist Banking 5,507,100 XAF
Tax Officer Banking 3,959,700 XAF
Teller Banking 2,281,800 XAF
Trade Officer Banking 2,688,800 XAF
Trade Product Manager Banking 7,259,000 XAF
Trader Banking 3,168,300 XAF
Treasury Operations Officer Banking 5,651,400 XAF

Salary Comparison by City

If you want to compare salaries with different cities in Chad, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
NDjamena 11,326,400 XAF

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Fraud Detection Manager Salary in Chad for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-fraud-detection-manager-salary-in-chad/.

  • "Average Fraud Detection Manager Salary in Chad for 2024". World Salaries, https://worldsalaries.com/average-fraud-detection-manager-salary-in-chad/. Accessed 28 March, 2024

  • Average Fraud Detection Manager Salary in Chad for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-fraud-detection-manager-salary-in-chad/.