Shweta Patel

Shweta Patel

Executive Director, Fraud Risk @ Chase

About Shweta Patel

Shweta Patel serves as the Executive Director of Fraud Risk at Chase, where she has worked since 2019. She holds advanced degrees in statistics and machine learning, and has developed expertise in analytical tools for fraud detection.

Work at Chase

Shweta Patel has been serving as the Executive Director of Fraud Risk at Chase since 2019. In this role, she oversees strategies and initiatives aimed at mitigating fraud risks within the organization. Prior to her current position, she held the role of Vice President of Fraud Risk from 2015 to 2019, and before that, she was a Manager in the same department from 2014 to 2015 in Melbourne, Australia. Her tenure at Chase spans several years, showcasing her commitment to enhancing fraud detection and prevention measures.

Education and Expertise

Shweta Patel has a strong educational background in data analytics and statistics. She studied Applied Statistics at the Royal Melbourne Institute of Technology, where she earned a Master's degree. Additionally, she completed courses in Machine Learning and Statistical Learning at Stanford University. She also studied Data Mining with R and completed a single course on statistics.com. Her education is complemented by certifications in SAS, demonstrating her proficiency in advanced analytics and data management.

Background

Shweta Patel's professional journey includes significant experience in fraud risk management. She began her career at Chase as a Manager in Fraud Risk in Melbourne, Australia, before advancing to Vice President and then Executive Director. Her work has focused on developing analytical solutions to address business challenges in the financial sector. She has cultivated expertise in complex network analysis and social network analysis (SNA) for fraud detection.

Analytical Tools and Techniques

In her role, Shweta Patel utilizes a variety of analytical tools to manage fraud risk effectively. Her toolkit includes NORKOM, Tableau, GEPHI, R, and Minitab. These tools enable her to analyze data and develop strategies that enhance fraud detection and prevention. Her approach is grounded in innovative problem-solving, aimed at addressing complex challenges within the financial industry.

Professional Goals

Shweta Patel has articulated a professional goal centered on solving business problems through analytical solutions. This focus highlights her commitment to leveraging data-driven insights to improve fraud risk management practices. Her objective aligns with the broader trends in the financial sector, where analytical capabilities are increasingly vital for effective risk management.

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