Sumanth KM
Bengaluru
Summary
Dynamic Senior Risk Analyst with over 4+ years of expertise in detecting and mitigating fraudulent activities, including merchant fraud, card testing, account takeovers, and emerging fraud vectors. Proven track record in developing strategies that enhanced operational efficiency by 20%. Skilled in data analysis and team leadership, adept at identifying risks and implementing solutions to safeguard financial integrity. Committed to continuous improvement and adaptive learning.
Overview
4
4
years of professional experience
1
1
Certification
Work History
Senior Risk Analyst
Stripe India
Bangalore
02.2024 - Current
- Serve as a subject matter expert in detecting and mitigating fraudulent activities, including merchant fraud, card testing, account takeovers, and emerging fraud vectors.
- Conduct in-depth investigations on merchant accounts to ensure compliance with financial partner requirements, and regulatory standards.
- Analyze risk factors and trends to identify, assess, and mitigate potentially fraudulent activity, reducing financial exposure.
- Develop and refine fraud detection strategies and business rules, balancing loss prevention and customer experience.
- Contribute to root cause analysis, identifying key opportunities to predict, prevent, and mitigate fraud risks within processes and performance.
- Implemented process automation, reducing manual workload by 30%, allowing for more focus on complex investigations.
- Optimized team collaboration, leading to a 20% efficiency boost, and significantly reducing investigation turnaround times.
- Actively participate in monthly, quarterly, and annual business reviews, providing insights and recommendations to enhance Fraud Operations strategy.
Risk Investigations Specialist
Amazon India
Bengaluru
03.2021 - 02.2024
- Conducted meticulous investigations into customer accounts and transactions to pinpoint potential instances of fraud, money laundering, or illicit activities, consistently achieving a 99% accuracy rate
- Performed detailed CDD/EDD checks on new and existing customers, meticulously verifying identities, scrutinizing documentation, and assessing risk profiles
- Conducted comprehensive AML risk assessments for high-risk customers, identifying potential money laundering activities and safeguarding against financial losses
- Stayed updated on industry regulations, best practices, and emerging risks in money laundering, fraud, and financial crimes
Education
Bachelor of Computer Applications -
Reva University
Bengaluru10.2020
Skills
- Fraud Analysis
- Enhanced Due Diligence
- Adaptive Learning
- Analytical Thinking
- Team Leadership
- Data Analysis
- SQL
- Problem Solving
- Microsoft Office
- Project management
Certification
- Project Management
- Analytical Problem Solving - Problem Statement
- The Risk Content Management
- Team Building and Conflict Management
Projects
- Automated Annotation Generator: A tool that streamlines the case resolution process by providing a guided workflow, automating annotation generation, and centrally tracking all cases in a Google Sheet Which led to a remarkable three-minute reduction in the average resolution time for cases, significantly improving efficiency
- GEMBA (a process improvement tool): Pioneered Gemba, enabling real-time idea tracking, boosting visibility, and streamlining processes for increased efficiency
Timeline
Senior Risk Analyst
Stripe India
02.2024 - Current
Risk Investigations Specialist
Amazon India
03.2021 - 02.2024
Bachelor of Computer Applications -
Reva University
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