Junior Professional, Regional Office

New Development Bank (NDB)

India

Posted
Ref: SP157-82

Job description / Role

Employment: Full Time

Closing on: June 13, 2024 at 11:59pm (China Standard Time)
Duty Station: Gujarat International Finance Tec-City (GIFT City), Gandhinagar, India
Target Market: Global recruitment

Position Objective

• The Indian Regional Office (IRO), under the Office of the Vice President and Chief Operating Officer (VP&COO), is functionally responsible for client relations and representation of the Bank in India and Bangladesh. The IRO is responsible for project identification and pipeline development, project preparation, project implementation and regional portfolio management. The IRO is also responsible for carrying out additional functions delegated by the VP&COO.
• Under the leadership and guidance of the Director General, IRO and other experienced professionals, the Junior Professional will contribute to activities such as project identification, preparation, implementation and monitoring of sovereign and non-sovereign projects in India and Bangladesh.

Purpose - Apply Basic Concepts

• Conduct background research essential for identification and building of a robust project pipeline, in line with the Bank’s General Strategy and Country Partnership Plan.
• Identify key issues during project development and execution and explore possible solutions to facilitate achievement of project objectives.
• Support project monitoring activities to ensure alignment and consistency with project objectives and the Bank’s policies.

Engagement-Acquire

• Present information/research about projects and/or on specific components of projects to support timely project development/monitoring.
• Make team aware of operational issues and risks in project execution.
• Engage with clients for identifying milestones and their delivery within agreed timeframes.
• Support the IRO in organizing portfolio review meetings, workshop, seminars etc.

Delivery - Understand Project/Business Cycle

• Deliver project analysis and research in a timely manner to support broader execution of projects.
• Support project implementation, facilitate disbursements, identify deviations against established timelines/milestones.
• Bring rigor in analyses to ensure compliance with all applicable policies, guidelines, systems and processes of the Bank.

Requirements

Requirements:

• Master’s Degree in areas relevant to NDB mandate.
• Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
• Minimum one year of relevant full-time professional experience is preferred.
• Candidates with less than one-year full-time professional experience, and Fresh Graduates who have obtained the education degrees, as required by NDB, could also be considered.
• Fluency in English essential to communicate in writing and speaking.
• Substantive knowledge. Demonstrated capacity gained through training/education in business/economics/development finance/business consultancy reflecting conceptual understanding.
• Conceptual: Understanding of the concepts used in developing and implementing projects.
• Applied: Structure a conceptually sound/thorough approach to research and gather background information to support project development.
• Communication skills. Demonstrated Skill in listening and identifying issues.
• Internal: Communicate data/information to team or project lead to support project development.
• External: Discuss with clients to determine needs and receive feedback on project development/implementation.
• Execution skills: Demonstrated achievement in identifying of process steps and standards.
• Timeliness: Deliver research and inputs within established timeframe.
• Quality: Deliver quality research with respect to assigned activities in support of the work of the team.

About the Company

The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. NDB’s work complements the efforts of multilateral and regional financial institutions, toward global growth and development.

Our work is centered around maximizing the impact of development in a fast, flexible and efficient manner. To catalyze the kind of development we envisage, we are always keen to listen, learn and collaborate with other MDBs, governments, financial institutions and social organizations.

To fulfill its purpose, the Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments.

Our headquarters is in Shanghai, China. The geographic distribution of NDB’s operations is becoming increasingly balanced as the Bank develops its capacity to identify and prepare projects in all member countries. The first regional office of NDB – the Africa Regional Centre (ARC) – was opened in Johannesburg, South Africa, in August 2017. In July 2019, NDB began to build the Americas Regional Office team, based in São Paulo, Brazil, with a sub-office in Brasília. NDB and the Government of Russia signed the Agreement on the Hosting of the NDB Eurasian Regional Centre in Moscow, Russia on the sidelines of the 11th BRICS Summit in Brasília in November 2019.

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