Prateek Kumar

About Prateek Kumar

Data Scientist professional with experience in the BFSI sector, specializing in developing and implementing data-driven strategies to mitigate fraud risks. Proven track record of reducing fraud losses by $3M annually through advanced analytics and machine learning models.Equipped with strong understanding and expertise in Python and SQL, with a focus on Model Development and Statistical Inference to drive business needs and impactful projects.Proficient in hands-on Predective and Statistical Modeling, Data Visualization Techniques.Demonstrated ability to translate business problems into analytical solutions that drive business growth and enhance customer satisfaction. Strong communication and collaboration skills with a proven track record of presenting insightful reports and presentations to diverse stakeholders.

Experience

1. Senior Consultant - Fraud & Risk Strategy

   Straive

   Jun 2025 — Present

   Built a multi-agent LLM investigation copilot (Claude 3.5 + GPT-4o) with deterministic SQL pipelines and hallucination guardrails — reduced analyst workflow time by 40% across 15K+ monthly cases•Engineered XGBoost Auto-Rule Encoder for real-time fraud pattern detection across high-velocity transaction streams — contributed to $600K+ in prevented losses within 30 days of deployment•Architected unified ML decisioning layer consolidating 20+ legacy rules + ML scores — reduced chargebacks 18% across monthly transaction volume•Deployed automated model monitoring and drift detection covering 8 production models; identified 4 degradation events pre-impact, avoiding an estimated $150K in approval losses

Education

• SRM IST Chennai

  Bachelor of Technology (B.Tech.), Information Technology

  2016 — 2020

• D.A.V kapil Dev

  Intermediate, Mathematics and Computer Science

  2013 — 2015