Principal Professional/Senior Professional/Professional, Indian Regional Office (“IRO”) – New Development Bank (NDB)

Closing on August 05, 2022 at 05:00pm (China Standard Time)

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.

The New Development Bank (“NDB” or “Bank”) is inviting applications for the professional positions in Indian Regional Office (“IRO”) of the Bank. The positions will be responsible for project identification, preparation and implementation supervision. The positions will report to the Director General, Indian Regional Office and will be based in the office in Gandhinagar (Ahmedabad), India.

Working with other team members at the Bank’s Headquarters in Shanghai, the positions will be responsible for identification, preparation and developing a strong pipeline of high quality projects in the infrastructure sector and sustainable development for sovereign and non-sovereign operations aligned with the strategic priorities of the Bank as outlined in the Bank’s General Strategy and the Country Partnership Plan (CPP).

The positions will be responsible for comprehensive identification, preparation, structuring, preliminary assessment of projects and will assist the Operations Divisions of the Bank with due diligence and financial and economic appraisal of loan and investment projects (preparation of project proposals/appraisal reports) for the consideration of the Board of Directors, the Credit and Investment Committee and the Bank’s senior management, while ensuring a high standard of quality of business decisions in alignment with the Bank’s risk appetite and risk guidelines and the Bank’s General Strategy. The position will also be responsible for the post-investment implementation of projects.

The Bank highly encourages multi-skilling and skill diversification. Therefore, the candidates are expected to work in all the areas and sectors related to infrastructure and sustainable development project financing and should be willing to develop their professional skills.

Target Market: Global recruitment

Specific responsibilities include but not limited to:

• Conduct research and build relationships to identify and develop a strong pipeline of feasible project financing opportunities in strategic and sector priorities of the country and the Bank as outlined in the Bank’s General Strategy and Country Partnership Plan (CPP).
• Contribute to the identification and preparation of lending projects.
• Contribute to formulation of operational programs for non-sovereign lending.
• Conduct financial analysis, technical analysis, economic analysis, financial modelling, etc. and prepare project related documents including project concept note, project document to the board, etc., with consistent templates and standards of quality and structure, for consideration by the Board of Directors, its Committees, the Bank’s senior management and other related stakeholders.
• Conduct project identification, preparation, coordination of appraisal processing by working with the Operations and other Departments in securing project mandates. In doing so, ensure sponsor capability, technical feasibility, financial and economic viability, environmental and social sustainability and risk mitigation of the projects in accordance with the NDB policies and legal and regulatory requirements of the member countries.
• Ensure compliance with all applicable policies, guidelines, systems and process effectively for delivery of the lending and investment program in line with the Bank’s General Strategy. Provide feedback to effect improvements in policies, guidelines processes and systems.
• Conduct on-site visits during the project preparation process and provide support during the project implementation activities.
• Conduct site visits and monitoring missions during the project implementation process, facilitate disbursements, monitor key project deliverables and disbursement milestones and prepare projects/programme related reports.
• Respond to client’s needs and requests, based on analysis and internal discussions with inputs from relevant departments/divisions if needed.
• Ensure the development of the Bank’s business strategy in the country of operation with support of other divisions
• Build and manage relationships with project financing and portfolio monitoring teams of other multilateral development banks, national development banks and other financing institutions to identify and incorporate best practices and lessons learnt, maximize the potential for co-financing Build working relationships with project teams of the sponsors, developers and governments.
• Keep abreast of the project implementation and post-investment management trends, opportunities and challenges in infrastructure landscape and long-term financing and provide inputs to relevant stakeholders on operations strategy, policies, budgets, business plan, etc.
• Lead team(s) (as and when required) in evaluating, re-structuring, processing, negotiating and administering of sovereign and non-sovereign projects; coach and develop other staff members.
• Exercise a thorough understanding of project/portfolio supervision techniques.
• Leverage the Bank’s existing network, develop new among financial and strategic investors and identify potential partners.
• Contribute to legal due diligence; assist in mitigating legal risk for the Bank.
• Other duties and responsibilities assigned from time to time.

Position requirements

• For Principal Professional, minimum of 9 years for of relevant professional experience; For Senior Professional, minimum of 7 years for of relevant professional experience; for Professional, minimum of 5 years for of relevant professional experience.
• Relevant experience in an international investment financial institution or regulated large private/public sector financial institution or multilateral development bank or regional development financial institution or government agencies, state-owned enterprises (SOEs) or infrastructure companies, consulting firms/contractors.
• Hands-on professional experience in the area of infrastructure finance and project management, particularly with expertise in one or more infrastructure sectors.
• Knowledge and experience in project finance structuring and implementation in the infrastructure sector, including working with private companies and SOEs.
• In-depth knowledge of the banking industry, project financing, valuation, financial analysis in infrastructure.
• In-depth knowledge of in-country regulatory requirements in the related area(s).
• Track record of closing successful transactions in relevant areas.
• Strong analytical and financial modelling skills with the ability to interpret financial information and analyse and assess project viability.
• Knowledge of infrastructure landscape and long term financing are a pre-requisite.
• Proficiency in English is a pre-requisite.
• Good problem-solving, communication and interpersonal skills with high resilience and drive in achieving objectives and goals. A high desire for innovation and learning.
• Relevant experience in a multi-cultural work environment fostering a climate of teamwork and collaboration.
• Master’s Degree or equivalent in a relevant field from a reputed university.

Please be sure to fill out all sections in English, without using ALL capital letters.

Please upload a resume/CV in English and do not upload a Resume/CV which has more than 10 pages.

If you are interested in applying for this position, please submit the application form given below. In case you face any technical difficulty in submitting the application form, please email your detailed Curriculum Vitae only in English and Word format along with the required information (Date of Birth, Nationality, Gender, Information on relatives working or associated with NDB, if any, etc.) to career@ndb.int. Please mention the Position Title you are applying for in the subject of the email.