Sumit Choudhary

Experience

• 

  Reliance Industries Limited

  Jul 2008 - Jun 2010

  Manager

  # Commissioning of Polypropylene Plant & Alkyalation Unit at JERP Refinery, Jamnagar• Lead a team of 6 engineers to ensure material integrity and quality assurance of piping-equipments during commissioning phase of 1.2 million USD polypropylene plant ensuring timely commissioning of both units# Preparation of Corrosion Manual for Refinery Petrochemical Plant• Identified risk based inspection plans and prepared monitoring templates for piping and equipmentsDetermined Amine corrosion rate in different piping section of refinery complex using Software Predict-Amine• Identified and prepared detailed inspection schedule for key locations susceptible for corrosion in plant Mostrar menos

• 

  Amazon.com

  Jan 2011 - May 2011

  Summer Intern

  # Identified Value created by Promotional Marketing Campaign for Amazon • Developed a model to measure the impact of Promotional Gift Certificate Scheme on Amazon’s customer behavior. Promotional Gift certificate is a marketing tool used by Amazon to remediate poor customer experience• Measured and analyzed the effect of Promotional Gift Certificate Scheme on customer service department (email response rate and Express Dissatisfaction Rate)• Implemented model for US Market to evaluated effectiveness of scheme for Amazon’s business Mostrar menos

• 

  Grundfos Management A/S

  Sept 2011 - Jan 2011

  Strategy Consultant

  # Formulated world ground water pump strategy for submersible pump market of Grundfos.• Conducted an $ 300 Million business case assessment for groundwater pump business of Grundfos• Identified major end-user segment, key challenges & factors driving the growth of pump market • Developed an econometric model to estimate demand for ground water pumps in world based on correlation between end-user segment and macro economic variables • Created Value Maps to assess competitive position of Grundfos within each end-user segments• Conducted Product benchmarking studies using “Should Cost” Analysis Mostrar menos

• 

  Punj Lloyd Limited

  May 2012 - Feb 2014

  Deputy General Manager - Corporate Finance

  # Corporate Finance, Group Finance• Explored financing opportunities for Structured Finance for Secured/ Unsecured Loans • Prepared project cash flows & credit proposals for raising working capital for Infrastructure and Oil & Gas projects • Prepared CMA reports, financial projections, information memorandum for Syndicated & Term Loan proposals• Negotiation with Banks / Financial Institutions for credit agreements terms and loan disbursement• Monitoring of project performance by monthly monitoring of cash flow and budget for the project.• Raised INR 33 Crs of Term Loan facility for Punj Lloyd’s subsidiary in Integrated Oil & Gas drilling services market• Raised USD 45 mn for Punj Lloyd Pte. Ltd. Singapore through Syndicated deal and SGD 22 mn for Punj Lloyd Pte. Ltd., Singapore through SBLC transaction Mostrar menos

• 

  Larsen & Toubro

  Mar 2014 - Jan 2016

  # Business Analysis• Prepared revenue forecast to evaluate investment and capex proposal for L&T subsidiary in Shipbuilding sector• Prepared annual finance plan and budgeting exercise for presentation to L&T board• Financial benchmarking of L&T business against its peer in respective business verticals• Analyzed RoE for L&T and formulated strategy to improve RoE for various businesses of L&T• Conducted valuations of L&T International subsidiaries in Middle East for merging into separate entity. # Fund Raising• Raised USD 350 mn in External Borrowings and Rs 7000 crs in Debentures for L&T and its group companies• Drive Rs 11000 crs Commercial Paper program for L&T and its subsidiaries• Handled domestic rating agencies and facilitated rating exercise for L&T group companies• Handled bid bonds and working capital for L&T's International projects. Mostrar menos #General Management & Corporate Affairs• Managing high level (C-Suite) interactions of the Chairman• Planning & Directing administrative, financial, operational, divestment and business activities for Chairman in coordination with business heads• Identifying and organizing strategic meetings of the Chairman with key Government decision makers, JV partners, Clients and Competitors# Business Strategy• Market intelligence- Continuously updating the Chairman on important sectoral developments, regulatory policies, upcoming business opportunities, macroeconomic issues and country analysis• Business Analysis- Providing insights to Chairman on projects of high importance, new business scenarios and participating in primary and secondary risk review meetings Mostrar menos

  • Manager - Capital Markets

    Oct 2014 - Jan 2016

  • Executive Assistant to Mr. A. M. Naik ,Group Executive Chairman

    Mar 2014 - Sept 2014
• 

  Intel Corporation

  Jan 2016 - now

  • Managing Intel's 35B+ Fixed Income portfolio with objective of ensuring liquidity capital protection and generating returns over comparable benchmarks• Managing Intel's APAC FX exposures , executing effective hedging strategy to minimize short term FX volatility impact on Intel's financial statement.• Improved Balance Sheet hedging accuracy to reduce under hedge of APAC currency exposure by enhancing FIS processes• Set up controls and risk management processes for Fixed Income function Mostrar menos • Managed Fixed Income offshore portfolio for Intel with objective of ensuring liquidity , capital protection and generating competitive returns.• Involves hands on experience with Money Market instruments, Medium term bonds/notes, Interest Rate Swaps, Cross Currency Swaps, Currency Forwards etc. • Conduct regular credit analysis and monitoring of counterparty , group level , geographical and sector exposure• Set up banking relationships in South Korea and Singapore for Investment opportunities resulting extra $4 mm/annum return on portfolio• Successfully divested Intel Capital’s Indian exchange listed equity investment in secondary market through Block deals / Open market operations.• Project Management for upgradation of TMS system for Fixed Income Investment module Mostrar menos • Lead 5 member treasury team for cash & liquidity management for Intel's offshore In-house cash pool • Owned for quarterly and annual cash forecasting for Intel' Offshore entities• Managed INR Opex hedging program and executing foreign currency trades for funding• Ensured regulatory compliance across APAC, EMEA and MENA region for treasury activities• Pioneered the formulation of the cash management indicators dashboard (Cash float, trading volume etc.)• Approver for business process management (BPM) and setting up SLA with key stakeholders for cash management • Completed in-depth credit appraisal process to setup Europe domiciled Prime Money Market Liquid funds Mostrar menos

  • Senior Treasury Manager - Cash and Investments

    Mar 2022 - now

  • Senior Treasury Manager - Investments & FX Hedging

    Jan 2021 - Feb 2022

  • Treasury Manager - Investments

    Mar 2019 - Mar 2021

  • Treasury Manager - Team Manager - Global Cash & Liquidity Management

    Jan 2016 - Feb 2019