Duties and Responsibilities

The Agri Finance and R&D Specialist – Technical Support Unit will work under the overall guidance and supervision of the National Programme Director-TSU. S/He will ensure engagement of all direct stakeholders and delivery of project objectives, in coordination with the Joint Secretary & CEO, DoA&FW, MoA&FW when needed.

To assess finance need of people involved in the field of agriculture horticulture and other ancillary activities. To device innovative methods of financing to agriculture, Horticulture, Poultry Farming, Pisciculture, Dairy Farming, Agricultural Biotechnology, floriculture etc.
To design innovative products for agriculture Value Chain Finance and review role of Business Facilitator (BF) and Business Correspondent (BC), in the field of Agriculture Finance.
Review challenges in agriculture finance, and Agri Infra Finance and identify areas of improvement along with innovative financing solutions.
Support Ministry in policy decisions including modification of the agri finance Schemes administered by the Department.
Assessment of the financial requirements of farmers and mechanisms of formal and informal financing support services, liaison with States, Bankers and Fintech/agri-tech entities. To review latest agri financing practices like Co-lending, Co-origination etc. and to provide inputs for improvisation in the same for the benefits of farmers.
Working with Financial Institutions and other Stakeholders for inputs and product re-design and innovation.
Give inputs for promotion of digital channel in transactions related to agriculture and promotion of eNAMMandi in the country.
Liaison with international crop-financing programmes and experts to draw on international best practices for improvement of agri credit schemes
Review current business practices and procedures inside and outside India to identify key risk factors and alignment to the agri-finance market.
Provide high level assistance to the Stakeholders including states, banks, fintech/agri-tech entities for the smooth implementation of the Scheme.
To provide inputs for the credit appraisal, credit underwriting, charge creation, collection/recovery and monitoring of agri credit cases.
Perform any other tasks consistent with the level of the post and/ or assigned by the NPD – TSU

Competencies

Core competencies:

Achieve Results: LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact
Think Innovatively: LEVEL 3: Proactively mitigate potential risks, develop new ideas to solve complex problems
Learn Continuously: LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences
Adapt with Agility: LEVEL 3: Proactively initiate and champion change, manage multiple competing demands
Act with Determination: LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results
Engage and Partner: LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration
Enable Diversity and Inclusion: LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity

People Management competencies:

UNDP People Management Competencies can be found in the dedicated site.

Cross-Functional & Technical competencies:

Partnership management

Emerging partnerships: Ability to engage with emerging partners, develop and manage a strategy and develop approaches to developing and managing these new strategic partnerships

Finance

Financial reporting and analysis: Understands changes in regulatory, legal and ethical frameworks and standards for financial reporting in the public sector. Ability to extract, evaluate financial data, derive relevant findings and present them in a meaningful and coherent manner to facilitate effective decision making and performance monitoring. Understands the benefits of integrated reporting, including non-financial resources such as human, social and intellectual capital, and environmental and governance performance
Technology and data in Finance: Ability to understand developments, opportunities and challenges in technology relating to public finance
Commercial understanding within the public sector: Understands the role, importance and accounting practices for commercial activities. Understands income generation options and related risk and reward. Understands the importance of commercial suppliers to the public sector and evaluating their financial resilience. Is adept with private sector accounts and their use within commercial offshoots and subsidiaries. Possesses influence and negotiation skills and can facilitate and engage with ‘productive competitive dialogue’. Understands the procurement cycle and the scope and features of good contract management.

General (across the functions)

Event planning and execution: Ability to plan, manage and execute of public and private events to ensure that they support and amplify individual communications and advocacy initiatives, as well as UNDP’s overall brand and mandate

Business Direction & Strategy

Strategic Thinking: Ability to develop effective strategies and prioritized plans in line with UNDP’s objectives, based on the systemic analysis of challenges, potential risks and opportunities; linking the vision to reality on the ground, and creating tangible Solutions; Ability to leverage learning from a variety of sources to anticipate and respond to future trends; to demonstrate foresight in order to model what future developments and possible ways forward look like for UNDP
System Thinking: Ability to use objective problem analysis and judgement to understand how interrelated elements coexist within an overall process or system, and to consider how altering one element can impact on other parts of the system

Required Skills and Experience

Education:

Advanced university degree (Master’s Degree or equivalent) in Agriculture/ Rural Management/ Insurance/ Finance/ Banking/Investment or closely related field considerations required.
First-level university degree (Bachelor’s degree) in
Agriculture/ Rural Management/ Insurance/ Finance/ Banking/Investment or closely related field in combination with additional 2 years of qualifying experience will be given due consideration in lieu of Master’s degree

Experience:

Minimum 5 years (with Master’s Degree) or 7 years (with Bachelor’s Degree) or of demonstrable related experience in national/international projects.
Relevant experience at the national or state level working with Governments, Public Sector private sector entities in the banking and finance sector will be a strong asset
Additional year’s professional experience related to agriculture and MSME finance ,Monitoring and Evaluation in national/international projects.
Experience in the design of Agri value chain financing products and programs in India.
Techno Functional Experience-Should have Techno Functional understanding (Basic) of IT Application Architecture of BFSI.
Relevant Experience at the national level working with Governments and private entities in the banking/finance sector.
Have worked with Public sector/RRB’s /Pvt Sector/Co-operative bank, NBFC in the field of Agri Finance for 3 Years
Demonstrates integrity and ethical standards.
Promotes the vision, mission, and strategic goals of the organization.
Broad based knowledge current rural insurance and finance.
Demonstrates substantive and technical knowledge to meet responsibilities and requirements of the post with excellence.
Possesses the capacity for strategic planning, result – based management and reporting
Demonstrates integrity and ethical standards.
Promotes the vision, mission, and strategic goals of the organisation.

Language Requirement:

Excellent oral and writing skills in English and Hindi

Note: Remuneration starting at INR (Annual) 27,84,347 / 2,32,029 INR (Monthly) as per the scale depending on qualifications and experience. The remuneration is excluding 8.33% pension amount paid over and above the salary.

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