View Vacancy - Private Sector Adviser, G7, New Delhi
Note: All applicants are required to mandatorily fill the complete online application form including the employment and educational details, motivational segment and behaviour/technical competency questions. We will be thoroughly reviewing the application forms only for all the required details. Forms that are incomplete in any respect will not be considered while shortlisting for the next stage. Main purpose of job: Delivering the UK’s bilateral objectives with India through private sector investment programmes. |
About UK’s Foreign, Commonwealth & Development Office (FCDO) How we approach our work is important. The How We Work Statement (below) sets out the ambition we share across the FCDO for how we lead and behave towards each other, how we make decisions, and how we get the job done. Some aspects may be particularly relevant to this role. · We put respect and kindness first. We are inclusive, we get to know each other, and value our diversity and the contribution we each bring. We are fair, act with integrity, and tackle inequality and unacceptable behaviour. We work together and take responsibility to solve problems. · We draw on the expertise, insight and diverse perspectives of people across the FCDO, HMG, and beyond. We use the best available data and evidence. We are open to challenge and take a sustainable, long-term approach. We are transparent about the rationale for decisions and smart about taking and managing risks. · We are agile and alert to emerging opportunities. We encourage learning, innovation and use of data and digital. We are all clear on what we are expected to deliver and support each other in doing so. We look to reduce duplication and unnecessary process. We are committed to transforming both the FCDO and the way HMG delivers international policy. |
Roles and responsibilities / what will the jobholder be expected to achieve? The FCDO unites development and diplomacy in a single department. The British High Commission, New Delhi is responsible for managing all aspects of the UK’s relationship with India. A “2030 Roadmap for India-UK future relations” agreed between the UK and India lays the foundation of the bilateral relationship across various themes. These include areas such as Trade, Invesment and Prosperity; Climate and British Investment Partnerships; Science, Technology & Health, Defence & Security and Connecting our People. The Roadmap envisions a partnership that delivers for both countries in areas of mutual interest. Our development cooperation in India is driven by UK Government’s strategy for International Development (IDS), which commits to deliver investments through British Investment Partnerships and be inclusive in its approach. It lays emphasis on taking forward UK’s leadership in climate change, nature and global health. We are looking for a specialist Private Sector Investment professional with experience in using a range of financial instruments and experience of working with investors to raise and manage funds for achieving development outcomes. Applicants should expect to be flexible and adaptable in filling and taking forward the role as emerges within the FCDO. The British Government is committed to equality and strongly encourages applications from diverse backgrounds to enhance the ability of the UK mission in India to deliver its mission. About Team and Portfolio FCDO’s Development, Climate, Science and Tech department has following teams (i) Science and Innovation Network & Newton and Technology Team (ii) The Climate and Energy Team (ii) The Infrastructure and Urban Team and (iv) The Capital team The current vacancy is in the Capital team. The Capital team’s work focuses on partnering with the private sector to support : · Energy & climate for green growth ; · Small infrastructure, micro, small and medium enterprises; · Tech start ups & innovations; · Global Partnerships with other developing countries to take India’s innovations global The overall portfolio amounts to c.£330m across geography and sectors. The portfolio uses investments (or Development Capital ‘DevCap’) to support businesses that can open new markets, encourage new investors, promote inclusion and maximize impact on poverty reduction. The programmes also have small amounts of technical assistance for supporting compliance (legal, tax etc.) and ESG (Environmental, Social and Governance) standards. The is high integration with work across other HMG departments (including working closely with other teams on policy initiatives). The post will be based at the British High Commission in Chanakyapuri, New Delhi. Main Job responsibilities include:
Expenditure : Responsible for meeting milestones on expenditure and finance; liasioning with Fund Managers to be on top of financial reports (e.g. statement of accounts, budgets and forecasting); ensuring compliance with internal rules and requirements on financial management with support from programme managers. |
Qualifications: First degree in a relevant subject (Economics, Management, Finance, Engineering) and a Master’s degree (such as an MBA) or equivalent work experience that demonstrates a similar level of managerial and technical expertise in private sector, with financial instruments and investment mobilisation.
Skills and Experience: Minimum of 9 years work experience including work in investments, lending, fund raising, programme delivery and/or public policy related to investment and private sector programmes that demonstrates: i) Private sector expertise, in areas as set out below: · Impact Investment, Private equity, Venture Capital or Investment Banking or Transaction Advisory with familiarity of financial statements, investment documents and investor reports · Thematic areas: Experience of working in sectors which positively impact climate such as clean energy, technology & innovation and/or other infrastructure sectors which have potential for development impact · Awareness of issues that govern inclusive economic development (e.g. job creation for poor and marginalised) and investments. Understanding of ESG practices and their application to businesses, risk-management, impact measurement and investment reforms · Engagement with private sector and industry on investment mobilisation, policy, building markets for underinvested geographies · Excellent understanding of legal contracts & agreements; and hands-on experience working with a range of consultants on due-diligence, market assessment etc ii) Managerial expertise with a strong track record in: · Driving the programmes strategically in line with UK India priorities · Strong writing and oral communication skills in English to senior audiences (e.g. Ministers or writing to C-level officials in the private sector) · Ability to communicate and influence a wide range of audiences, within the UK Government and to engage with and influence external partners · Strong interpersonal skills and ability to work with and across teams · Strong IT and data analysis skills (e.g. excel) are a pre-requisite Language requirements: Language: English Level of language required: Fluent |
For BHC candidates, the Local BHC Terms & Conditions will apply.
For other than BHC candidates, salary will be INR 28,25,646 per annum inclusive of Employer Provident Fund contribution and Gratuity/Superannuation fund.
Additionally the BHC offers a great benefits package that includes annual domiciliary medical cover, plus a Group Hospitalization Scheme with INR 500,000 floater cover for your immediate family.
No relocation or any other related costs or assistance will be provided.
Please note - BHC does not deduct tax at source and employees are required to ensure that any requirements of local income-tax law are complied with in full. Employees who are not liable to pay local income tax on their Mission salary, eg. some non-local national staff and some spouses or partners of UK diplomatic staff, will have their salaries abated by an equivalent amount.
The BHC is recognised as a good employer, with a robust, fair and transparent performance management & appraisal system linked to increments and staff bonuses. We have a 5-day working week, plus annual leave, public holidays, maternity leave provision, special leave, paid sick leave provision; ample development opportunities, travel opportunities, a good organisational culture, and excellent work/life balance.
Around half of our work forces are women. We treat people with respect and equality and have a policy of zero tolerance for any form of discrimination, bullying, or harassment.
This is a good opportunity to be part of a strong, diverse team, working in the biggest network that FCDO has anywhere across the globe. We are aiming to make it the best.
Learning and development opportunities (and any specific training courses to be completed): The candidate will be provided induction training. S/he will also have the opportunity to undertake job related internal trainings
If the job is suitable for flexible working patterns, please provide details: Flexibility to work from home according to office rules as applicable from time to time.
Note: All applicants are required to mandatorily fill the complete online application form including the employment and educational details, motivational segment and behaviour/technical competency questions. We will be thoroughly reviewing the application forms only for all the required details. Forms that are incomplete in any respect will not be considered while shortlisting for the next stage.
To Apply:
Please note applications without (a) and (b) will not be considered.
a) Complete the Online Job Application Form.
b) Complete the motivation segment in the Online Application Form and the behaviour and technical/ professional skills-based questions.
Internal candidates applying for this position should inform their current line managers and check for the eligibility clause if on probation, else the applications will not be considered.
We will accept only online applications by “12th October 2022” till 23:55 hrs IST.
‘Please note that all the applicants will be required to strictly adhere to the security guidelines for British High Commission, New Delhi.’
Applicants who do not have the required qualification & experience should kindly abstain from applying, as their applications will not be considered.
Only shortlisted candidates will be contacted, and no telephone enquires will be dealt with.
The appointment will be subject to Police Verification and other checks including references, medical, educational, and professional.
We welcome all applications irrespective of age, race, colour, gender, disability, sexual orientation, religion, belief or creed. We are also open to applications from people who want to work flexibly.
This opportunity is closed to applications.