Duties and Responsibilities

Main Purpose:

The Product R&D & Compliance Analyst – 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.

Duties and Responsibilities:

To study latest advancement in agriculture horticulture and other related fields;
To provide inputs for promotion of smart farming in the county;
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;
To study agriculture policy environment of the country,and design Agri products in compliance to latest guidelines of Ministry of Agriculture RBI, NABARDand important court judgments;
Review existing Agri Finance products and policy of various banks and financial institution in the country and flag non- compliance of any regulator guidelines or Govt directions;
To device programs and products to save farmers from the clutches of money lenders and bring them in the ambit of formal financial structure of the country;
Support Ministry in policy decisions including modification of the Agri credit 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;
Working with Financial Institutions and other Stakeholders for inputs and product re-design and innovation;
Liaison with international crop-financing programmes and experts to draw on international best practices for improvement of Crop 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 Agri Scheme;
To provide inputs for enhancement of R&D culture in the field of agriculture, to increase productivity and increase in the income of farmers;
To facilitate promotion compliance culture among entity engaged in agri finance;
Perform any other tasks consistent with the level of the post and/ or assigned by the NPD – TSU.
Institutional Arrangement

Direct Reporting To 1: Agri Finance and R&D Specialist (NPSA 10)

Overall Reporting To 2: National Programme Director (NPSA 11)

Competencies

Core Competencies:

Achieve Results: LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline.
Think Innovatively: LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements
Learn Continuously: LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback
Adapt with Agility: LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible
Act with Determination: LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident
Engage and Partner: LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships
Enable Diversity and Inclusion: LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination

Technical and cross-functional Competencies:

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.
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.
Knowledge Generation: Ability to research and turn information into useful knowledge, relevant for context,or responsive to a stated need.
Business Acumen: Ability to understand and deal with a business situation in a manner that is likely to lead to a good outcome.

Required Skills and Experience

Education:

Masters’ degree with specialization in Agriculture/Rural Management/Banking/Finance or closely related field.
Bachelor’s degree in a relevant field with additional two years of qualifying experience will be given due consideration in lieu of a master’s degree.

Experience:

Essential

Minimum 4 (Bachelor’s degree) or 2 years (Master’s degree) of demonstrable related experience in state/ national/ international/ public / private projects;
Relevant experience at the national level working with Governments and private entities in agriculture finance sector;
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.

Desirable

Additional years professional relevant experience in national/ international projects;
Experience in the design of agri finance products and programs in India;
Relevant experience working with Governments, Public Sector/Private Sector/RRB/ Co-Op Banks and NBFC’s engaged in banking/finance sector;
Work experience in the field of agri research with ICAR, CSIR, Agriculture/Horticulture universities;
Work experience with any of Financial industry regulator of the country, i.e.-RBI, SEBI, NABARD etc;
Demonstrates integrity and ethical standards;
Promotes the vision,mission, and strategic goals of the organization.

Language:

Excellent oral and writing skills in English and Hindi.

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