Juinagar, Navi Mumbai, Maharashtra, India
Summary
Led comprehensive fraud analysis and investigation efforts, ensuring regulatory compliance and enhancing security across banking operations, including transaction monitoring, AEPS, and cybercrime complaint resolution.
Highlights
Analyzed financial transactions as a Transaction Monitoring Analyst, adapting to evolving fraud patterns, and effectively monitored a portfolio of 300+ accounts daily to ensure compliance and detect anomalies.
Achieved a 40% reduction in recurring fraud patterns by proactively analyzing transaction behavior, identifying fraud trends, and recommending data-driven mitigation strategies adopted by risk teams.
Managed AEPS (Aadhaar Enabled Payment System) transaction investigations, preparing and submitting detailed reports daily to the NPCI portal in compliance with guidelines, ensuring timely and accurate reporting.
Took necessary action to mitigate rising AEPS fraud chargebacks by identifying root causes, implementing preventive controls, and collaborating with NPCI and internal teams — resulting in an exceptional 90% reduction in AEPS fraud incidents over a 4-month period.
Developed and maintained comprehensive MIS reports on fraud detection, categorized by client Merchant and internal BC Merchant, and conducted in-depth analysis of fraudulent AEPS transaction patterns to identify root causes and propose actionable solutions.
Managed CPFR (Customer Profile Fraud Risk) reporting and prepared FMR (Fraud Monitoring Reports) for suspected clients, ensuring strict alignment with RBI regulatory requirements and bank policies.
Handled I4C (Indian Cyber Crime Coordination Centre) portal operations, specifically managing NCRP complaints as mandated by the Ministry of Home Affairs, ensuring prompt resolution within strict timelines.
Resolved 98% of cybercrime complaints within SLA, maintaining a consistent record of timely response via I4C/NCRP portals and direct coordination with law enforcement.
Resolved escalations from Law Enforcement Agencies (LEA), customers, RBI, and the Director's office, ensuring timely resolution and adherence to regulatory standards while coordinating with cross-functional teams.
Initiated process improvements by proposing and developing a centralized portal to consolidate critical data, enhancing efficiency and expediting resolution of LEA and other complaints.
Supervised and guided junior staff in daily operations, ensuring adherence to monitoring protocols and transaction review standards.
Provided hands-on training and onboarding for new team members, Took ownership of escalated and high-priority cases, strategizing responses and ensuring accurate and timely resolutions in collaboration with internal and external stakeholders.
Improved complaint resolution accuracy by 30% by creating a centralized knowledge base for junior staff and training them on regulatory handling protocols.
Achieved 100% audit clearance in consecutive internal and external compliance reviews by maintaining error-free documentation and pre-audit process validation.