Summary
Overview
Work history
Education
Skills
Languages
Affiliations
Timeline
Generic

Pranay Kumar

Jersey City

Summary

People leader with 12+ years of experience in credit and fraud risk, data science, risk modeling, and model risk management in financial industry.

Overview

12
12
years of professional experience
6
6
years of post-secondary education

Work history

Director

American Express
New York
09.2013 - Current

Credit and Fraud model validation

  • Lead team of data scientists across US and India to validate credit and fraud risk models leveraged for retail and wholesale portfolios
  • Successfully remediate regulatory MRAs by creating new standards e.g., Model interpretability for black box models and Hyperparameter tuning standards
  • Lead engagements with US regulators - FRB, OCC
  • Review of algorithms like – XGBoost, Neural networks, etc.

Credit risk modeling (US wholesale)

  • Led team of data scientists to develop credit risk models for wholesale portfolio for 18 countries across 4 continents (including US)
  • First time usage of financial attributes and standardized usage of bureau attributes across markets

Credit risk data science

  • Creation of 2nd generation of closed loop features to be used in credit risk models for retail portfolio

Fraud risk strategy

  • Creation of strategy rules to disrupt fraudulent money movement transactions for prepaid card

Analyst

Goldman Sachs
Bangalore
04.2013 - 09.2013

Equity research analyst

  • Led analysis for Technical / Fundamental assessment of leading Russian Oil and Gas companies and Oil drilling companies

Education

Master of Business Administration - Finance

XLRI Jamshedpur
06.2011 - 03.2013

Bachelor of Science - Computer Science and Engineering

IIT (ISM) Dhanbad
06.2006 - 05.2010

Skills

  • People management
  • Retail and Wholesale credit and fraud risk
  • Risk modeling (SAS, Python)
  • Data science
  • Machine learning
  • Model validation
  • Regulatory engagement
  • Team development

Languages

English
Advanced
Hindi
Advanced

Affiliations

  • Badminton, History

Timeline

Director

American Express
09.2013 - Current

Analyst

Goldman Sachs
04.2013 - 09.2013

Master of Business Administration - Finance

XLRI Jamshedpur
06.2011 - 03.2013

Bachelor of Science - Computer Science and Engineering

IIT (ISM) Dhanbad
06.2006 - 05.2010
Pranay Kumar