Post Name for SIDBI Recruitment:

Program Lead  –  01

Pay Scale for SIDBI Recruitment:

The selected Candidate will get the pay scale for this post between Rs. 150000 to Rs. 275000 as per the official notification of SIDBI Recruitment 2022.

Tenure for SIDBI Recruitment:

The assignment will be initially for a period of 1 year and shall be subject to periodic/annual review. Either side may terminate the contract with 30 days’ notice or payment of pro-rata monthly compensation in lieu thereof.

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Qualification for SIDBI Recruitment:

• Master’s Degree or equivalent (MBA) in finance/banking or other related fields. A University degree (bachelor’s in engineering/Economics) with specialized experience/training in the financing for the automobile sector or electric mobility sector, may be considered in lieu of a master’s degree.
• Work experience of at least seven years in financing for automotive or Electric Vehicles (EVs) and related areas of which at least three years in managing a project.
• Advanced working knowledge of computers. Exposure to applications such as MS Office suite, email, etc., information handling skills, and use of the internet (for research, etc.) would be a pre-requisite.

Desirable

• Experience of working on projects of national/international agencies which may include bilateral, and multilateral agencies including UN agencies, World Bank/ADB/AIIB, etc.
• Experience of working in the area of financing electric vehicles.
• Technical knowledge of transport policies, and regulations including vehicular emissions and efficiency regulations at international, national, and state levels.

Roles and Responsibility for SIDBI Recruitment:

The Lead shall be attached on a full-time basis as ‘Program Lead’ with SIDBI under the EV-RSP project. The Lead will be directly responsible for providing technical insights, knowledge, and supervision required for the preparation of the EV-RSP project at SIDBI.

• Stakeholder Consultations – Working with appointed consultants, the Lead shall devise a stakeholder engagement strategy across India. This includes identifying and confirming key stakeholders to be engaged, identifying key questions that would need to be answered via stakeholder consultations and devising a plan to gather these inputs via stakeholder consultations, planning and organizing stakeholder consultation sessions, both mass events for information dissemination and follow-up sessions with individual stakeholders, and working with appointed consultants to consolidate findings into a report that can inform EVRSP design.
• Eligibility criteria for PFIs and loan/borrower segments – SIDBI has thus far developed some indicative eligibility criteria for PFIs and loans. These criteria will be refined through stakeholder consultations and will need to be finalized by November 2022. The Program Lead will work with appointed consultants to finalize these criteria, based on market feedback. Based on the finalized eligibility criteria, the Lead will lead the engagement of PFIs and borrower segments to develop a pipeline for the EV-RSP.
• EV-RSP Design – The Program Lead will lead the work to finalize the structure and design of the EV-RSP with insights gathered from market consultations. This involves fixing the pricing of the PCG and concessional loan instruments based on expected default rates for different borrower segments and loss-given defaults.

Important Points for SIDBI Recruitment:

• Service Conditions – During the contract period, the service conditions of the candidate, including place of posting, would be as decided by the Bank from time to time.
• Conduct and Discipline – During the period of the contract, candidates will be governed by Chapter IV of SIDBI (Staff) Regulations, 2001 on Discipline and Conduct and as modified from time to time.
• Secrecy – Selected candidates shall sign a declaration of fidelity and secrecy on usual lines at the time of appointment/joining.
• Reporting – Selected candidates shall report to the General Manager or Deputy General Manager or Assistant General Manager, GCFV, SIDBI, New Delhi and you shall work closely with the department and other officers/experts/specialists responsible for the project activities in PRSF and SIDBI for all the related tasks associated with the organization.

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How to Apply for SIDBI Recruitment:

Before filling in the application form, the candidates must ensure that they fulfill all the eligibility criteria with respect of age, educational qualification, work experience, etc., as on the last date of application submission and that the particulars furnished in the application form are correct in all respects. Interested candidates can send the application for SIDBI Recruitment 2022 with the subject line “Application for the post of …. under electric vehicles – Risk Sharing Program (EV-RSP) project to the official email – id of SIDBI. Selection would be by way of a personal interview to be held in New Delhi before the Selection Committee. Candidates who have the eligibility criteria which is mentioned in the official notification of SIDBI Recruitment 2022 called for an interview.

To Read The Full Notification – Click Here