Ankit Chaudhary
Delhi
Summary
Dynamic Senior Associate at Bank of America with expertise in fraud detection and investigation. Proven track record in disrupting fraud rings and enhancing loss prevention strategies through meticulous transaction monitoring and critical thinking. Adept at collaborating with teams to drive informed decision-making and mitigate financial crime risks effectively.
Overview
6
6
years of professional experience
Work History
Senior Associate
Bank of America
Gurugram
06.2019 - Current
- Fraud Detection & Prevention: Reviewed high-risk accounts flagged by Early Warning System triggers, suspending accounts with potential fraud concerns to mitigate risk, and prevent losses.
- Transaction Monitoring: Monitored high-risk transaction activities, including ACH, mobile deposits, and card transactions, leading to the identification and closure of accounts involved in fraudulent activities.
- Reporting: I drafted and presented comprehensive fraud reports to Bank of America leadership and onshore stakeholders, offering insights to drive informed decision-making on fraud prevention strategies.
- Fraud Rings: Uncovered and tracked fraud rings, such as check and ACH fraud rings, by analyzing patterns of common locations and shared account attributes, effectively disrupting coordinated fraud schemes and mitigating potential fraud losses.
Education
Master of Commerce - International Finance And Trade
IGNOU
Delhi12-2021
Bachelor of Arts - History Honors
MLNC, University of Delhi
Delhi05-2017
High School Diploma -
Ring Midways Public School
New Delhi03-2013
Skills
- Fraud detection and investigation
- Transaction monitoring and analysis
- Risk assessment and management
- Pattern recognition and critical thinking
- Detail orientation and time management
- Team collaboration and decision making
- Problem solving strategies
- Loss prevention techniques
- Financial crime prevention
Timeline
Senior Associate
Bank of America
06.2019 - Current
Master of Commerce - International Finance And Trade
IGNOU
Bachelor of Arts - History Honors
MLNC, University of Delhi
High School Diploma -
Ring Midways Public School
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