Aravind Nayar

Associate Consultant

New York, New York, United States7 yrs 7 mos experience
AI EnabledAI ML Practitioner

Key Highlights

  • Led initiatives saving over $3.7M annually in fraud prevention.
  • Developed MVP integrating AI for enhanced risk assessment.
  • Optimized digital portal reducing operational costs by $1.1M.
Stackforce AI infers this person is a Fintech professional with expertise in fraud prevention and product management.

Contact

Skills

Core Skills

Product ManagementRisk ManagementDigital StrategyProduct StrategyFraud PreventionBusiness Requirements

Other Skills

A/B TestingAPI TestingArtificial Intelligence (AI)Business AnalyticsC++Cross-functional CoordinationCross-functional Team LeadershipDecision TreesFraud DetectionGoal SettingLean Six SigmaMachine LearningMicrosoft ExcelMicrosoft SQL ServerOperational Efficiency

Experience

Current

Senior Risk Analyst

Aug 2025Present · 7 mos · New York, United States

Tiger analytics

Analytics

Apr 2025Aug 2025 · 4 mos · Remote

Budgetwise

Product Manager

Feb 2025Apr 2025 · 2 mos

Grainger

AI Product Strategy

Sep 2024Dec 2024 · 3 mos · Remote

Reel talk

Product Manager

Jun 2024Sep 2024 · 3 mos · Remote

Payall payment systems, inc.

Product Manager

Jun 2024Aug 2024 · 2 mos

  • Built MVP for transaction risk assessment by integrating explainable AI system into payment processing; increased risk assessment efficiency by 1.8X
  • Refined UX for the primary module for rule creation leading to reduction in average per session clicks by 20%
Product PlanningBusiness RequirementsArtificial Intelligence (AI)Payment GatewaysUser Experience (UX)Product Management+8

Bank of america

2 roles

Senior Manager, Digital Product Fraud

Nov 2022Jul 2023 · 8 mos

  • Led cross-functional teams from marketing, operations, and technology to optimize the digital portal by reducing manual intervention in the fraud alert review process, resulting in a $1.1M reduction in quarterly operational costs.
  • Implemented new fraud alert communication channels for the card portfolio, using A/B testing to analyze effectiveness, which reduced customer response times by 4 minutes (22% faster) and increased NPS by 10%.
  • Collaborated with senior management to establish the annual project budget and goals, mentoring analysts to surpass half-year targets, leading to a 25% increase in the annual budget with stakeholders' approval.
Digital StrategyProduct Road MappingGoal SettingCross-functional CoordinationA/B TestingOperational Efficiency+3

Manager, Fraud Product

Sep 2020Nov 2022 · 2 yrs 2 mos

  • Developed over 15 fraud risk prediction strategies using decision trees, collaborating with strategy and implementation teams to reduce fraudulent credit card applications, resulting in $3.7M in annual savings.
  • Advised leadership as a subject matter expert to address design issues in portfolio fraud alert queues, streamlining the process and reducing operational costs by $600K annually.
  • Led a cross-functional team of five to devise and execute a product strategy, mitigating fraud attacks on credit cards through digital channels, which saved $2M in unrealized fraud losses.
  • Conducted customer surveys to uncover user pain points in the fraud alert review process, leveraging insights to optimize the system and increase completions by 32%.
  • Conceptualized, tested, and implemented over 30 fraud prevention strategies, effectively capturing fraudulent transactions and realizing more than $15M in annual fraud savings.
  • Delivered an end-to-end solution to optimize the fraud alert review process based on customer feedback, boosting completion rates by 32%.
Risk ManagementFraud PreventionStakeholder ManagementCross-functional Team LeadershipProduct ManagementMicrosoft SQL Server+3

Zomato

Product Analytics

Jan 2020Aug 2020 · 7 mos · Gurugram, Haryana, India

  • Headed analytics for the Gold-Dine Out team, leveraging behavioral insights and business acumen to optimize user engagement within the app.
  • Conducted customer segmentation using K-means and Hierarchical Clustering algorithms to identify key user segments and enhance targeted marketing efforts.
  • Collaborated closely with the technology team to establish tracking events for diverse user activities, enabling more precise data capture.
  • Developed Tableau dashboards to monitor and analyze the omni-channel customer journeys related to Zomato-Gold subscriptions, driving data-driven decision-making.

Exl

2 roles

Senior Consultant, Fraud Product

Jan 2019Dec 2019 · 11 mos

  • Consultant for the Debit Card Fraud Loss Mitigation team at a major US bank, leading efforts to conceptualize, create, test, and implement fraud prevention strategies.
  • Directed the fraud loss strategy for the cash withdrawals and checks portfolio, resulting in a 25% reduction in fraud loss per account for cash withdrawals and a 23% decrease in false positive check fraud alerts.
  • Spearheaded the structural design and implementation of a fraud loss mitigation framework for Digital Wallets, enhancing fraud detection capabilities.
  • Ideated and implemented 25+ fraud prevention features, leveraging Actimize Modeller to profile customers and merchants based on historical activity, generating valuable behavioral insights.
  • Led weekly fraud case analysis meetings with clients, identifying trends and adjusting strategies to continually enhance fraud prevention.

Consultant, Fraud Product

Aug 2017Dec 2018 · 1 yr 4 mos

  • Part of the Retail Bank Fraud Loss Mitigation team at a major US bank.
  • Developed and implemented 35+ strategies, generating $16MM+ in annual fraud savings across multiple portfolios, including cash withdrawals, Debit Sig/PIN, and wallets.

Axtria - ingenious insights

Analyst

Jul 2016Jul 2017 · 1 yr · Gurugram, Haryana, India

  • Collaborated with onshore clients to gather business requirements for the development of a cloud-based employee sales target platform.
  • Led User Acceptance Testing (UAT) and conducted client training sessions for in-house products to ensure successful adoption.
  • Utilized Excel and SQL to create a Call Plan for approximately 1,200 employees, optimizing target groups and contact frequency for pharmaceutical reps to maximize sales outcomes.

Defence research and development organisation (drdo) | rcma

2 roles

Internship

May 2014Jul 2014 · 2 mos · Greater Delhi Area

  • Worked on synthesis and characterization of nano-structures using Low Pressure Chemical Vapour deposition (LPCVD). Successfully synthesized Graphene on copper substrates and copper oxide nano-wires.
Business RequirementsUser Acceptance Testing (UAT)Microsoft ExcelSQL

Internship

May 2013Jul 2013 · 2 mos · Greater Hyderabad Area

  • Studied Tensile Properties of Ti-6Al-4V (ELI). Evaluated of tensile properties of Titanium alloy Ti-6Al-4V (ELI) in L and LT directions and studied the variation.

Education

Northwestern University - Kellogg School of Management

Master of Business Administration - MBA — Artificial Intelligence

Aug 2023Dec 2024

Indian Institute of Technology (Banaras Hindu University), Varanasi

Integrated Dual Degree (B.Tech + M.Tech.) — Metallurgical Engineering

Jan 2011Jan 2016

Indira Gandhi National Open University

Master of Arts - MA — Industrial and Organizational Psychology

Jan 2018Jan 2022

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