Soumik de

About Soumik de

With an MBA from ISB, 14 years of overall experience and over 8 years of expertise in…

Experience

1. Associate Vice President

   TVS Credit Services Ltd.

   Aug 2022 — Present

   Managing annual strategy and business planning activities, profitability improvement strategies, new product introduction activities and digital transformation initiatives to drive business growth profitablyStrategy and PlanningKey achievements:• Developed detailed strategy roadmap and operating plan for retail lending business to improve profitability from 3% in FY 24 to 4% in FY 25• Prepare monthly review decks for senior management with analysis of business KPIs, identify areas of improvement and create action plans to improve profitability • Led technology integration projects with Two-Wheeler platforms to enhance operational efficiency and product availability, improving conversion by 2%. •Developed annual strategy and business plan for MSME lending segment•Designed strategy roadmap for transporter working capital financing business after merger with MSME segment•Increased fee income by 50% by designing fee-based value proposition for corporate customer segment ― Introduced fee for on-boarding of new corporate for a particular customer for invoice discounting facility ― Introduced 3rd party products to increase cross sell income•Reduced cost by 15% in FY 24 by redesigning sales incentive structure•Developed go to market strategy for Loan against Property as a new product for FY 25•Coordinated with multiple stakeholders for introduction of pre-approved business loansDigital Transformation initiatives•Reduced disbursement processing TAT to ~20 mins from 6 hrs by implementing DIY process for customers through in house channel finance portal•Implemented a simplified working capital limit renewal process to reduce TAT to 3 days from 10 days•Implemented lead management system for tracking and closure of active leads•Launched mobile based CRM application to capture key business and financial metrics to identify customer level risk and new business opportunity•Developed BI dashboards for business and financial KPIS for monitoring and on-time action

Education

• Nava Nalanda High School

  High School

  1994 — 2006

• Indian School of Business

  Master of Business Administration (M.B.A.)

  2016 — 2017

• Jadavpur University

  Bachelor's degree

  2006 — 2010

Skills

• 5s
• Project Execution in Gas Based Power Plant
• Honeywell Transmitters
• Iso Standards
• Maintenance Experience in Offsite Units in Petrochemical Plant
• Power Plants
• Daniel Gas Chromatograph
• Sap Products
• Corporate Finance
• Instrumentation and Control System Maintenance Engineer
• Business Strategy
• Sap Pm Module
• Flow Computers, 5s Principles
• Team Management
• Procurement
• Instrumentation
• Maintenance Experience in Power Plants
• Rosemount Transmitters
• Financial Analysis
• Petrochemical
• Control Valves
• Oil & Gas
• Operations Management
• Internal Audit
• Honeywell Dcs
• Marketing
• Project Management
• Dcs
• Plc Allen Bradley
• Engineering
• Microsoft Office
• Strategic Planning
• Sap Erp
• Analytical Skills
• Management
• Project Planning
• P&Id
• Project Engineering
• Commissioning
• Business Process Improvement