Specialist - Green Finance

ADVERTISEMENT NO: CRPD/SCO/2023-24/22 Designation - Specialist - Green FinanceNumber of Job Vacancies -1Essential QualificationBasic Qualification: Degree in Engineering /B.E. Environmental Engineering from Indian University/Institute recognized/approved by Govt. bodies/AICTE/UGC or Master’s degree in the environment related area such as M. Sc. / M. Tech. / Master’s in Environmental Science / Environmental Science & Engineering / Earth & Climate Science / Energy Technology / Climate Science technology from University/Institute recognized/approved by Govt. bodies/AICTE/UGC. Other Qualification: Preference to be given to candidates who have degree or Specialization or having experience in climate adaptation/Climate Mitigation areas. Age limit35 yearsImportant DatesONLINE REGISTRATION OF APPLICATION & PAYMENT OF FEES: FROM 16.09.2023 TO 06.10.2023Place of postingCorporate Centre, MumbaiContract Period3 YearsSelection ProcedureShortlisting and interaction followed by CTC NegotiationEssential Skills- Candidate should have strong written and communication skills. Impeccable understanding of financial statements and ratios. - Candidate should have problem solving aptitude and good team player and ability to Network with all stake holders. - Support the team in monitoring the portfolio in terms of GHG impact and ESG risk management as well as preparing monthly/quarterly /annually performance reports Candidate should be Self-driven and have the ability to manage competing deadlines. Candidate must have clear understanding of statutory guidelines applicable to Banking domain. Specific Skills Should have knowledge of financial ratio and banking system Should have the understanding of the power and utility sector with a focus on solar, wind, biogas, hydro and upcoming technologies. Should have strong analytical skills including building financial models Should have understanding of Environmental risks and impacts, including those identified in the World Bank Group Environmental, Health and Safety Guidelines (EHSGs) Working experience with social risks and impactsJob Profile To monitor the performance of the products/projects being handled, track best practices in the industry and explore solutions relevant to the Bank, vis-à-vis Competitors under Climate Finance. To develop new products/ policies and review/ modify existing products/policies with a view to increase the green portfolio & maximize profitability of the Bank in the area of ESG & Climate Finance as per the green taxonomy. To strategize and implement Green business targets and promotional activities to increase the awareness. To monitor technological trends in climate mitigation technologies and preparing reports/strategies To handle regulatory credit related guidelines / issues & take them forward to the stage of implementation. Providing technical advice to the asset team in the assessment of Climate mitigation technologies including Renewable Energy, Energy efficiency or electric mobility Carry out GHG impact assessment of climate mitigation technologies. Gather key market data related to climate technologies for analysis and presentation to decision makers Key Responsibility Areas (KRA) Managing policy, designing new products and processes offerings from design to development to launch under Renewable energy. Creating and maintaining Financial models as per the bank’s requirement and arranging presentationsKeep track of the performance under the green finance area of Bank and competitors Keep track of National /international best practices under the sector and creating strategy to achieve Banks mission Analysing data and performance of the energy sector and preparing reports on transition finance Identify stakeholders’ challenges and translate that into functional and technology requirements. Liaison with other departments and outside agencies. The activities mentioned above are illustrative only and Specialist (Green Finance) is primarily responsible for all activities as directed by CGM, CFU from time to time