Team Member - Strategic Initiatives - NBFC

1. JOB PURPOSE :

(Briefly describe the general purpose of the position or its significance from the organisation's point of view and how it contributes to the overall mission/objective of the organization).

- To take responsibility for the identification & execution of specific strategic initiatives. achieve the overall objectives of diversification, asset management and return on equity (RoE).

- To support the execution (evaluation & implementation) of new concepts/ Strategic Initiatives/ Business Models - these could include any/ some/ all of the following :

- Single/ Multiple new Business Models - Alternative Investment Funds (AIF)/ Investment Trust / Overseas financing vehicles / Feeder Fund structures

2. Equity investment by external investors in a - Yieldco- or a portfolio of operating assets

- To contribute towards conceptualisation & development of structured (financial) products, with the overall objective of optimizing returns and matching cash flow requirements.

2. PRINCIPAL ACCOUNTABILITIES :

Accountability Activities

- Understanding the regulation & taxation aspect of financial services

- Understanding of equity valuation metrics & methods

- To coordinate with international consultants (Taxation, International Law)

- Preparing the Financial Model for the new Business Model/ financial structuring to optimize RoE

- Preparing the Business Plan for the Board of Directors for seeking approval for the new Business

- To support Group Head in developing policy framework for the new business/ entity

- To support negotiations with investors (domestic and international) for accessing funds

- Understanding the regulation & requirements of law for innovative financial products (i.e. Companies Act, Income Tax Act, RBI/ SEBI/ IRDA/ PFRDA guidelines)

- Understanding of the working of hedging products/ options / FRAs & their pricing & limitations

- Understanding the requirements of credit rating of innovative products

- Ability to negotiate term sheets (with investors) and credit ratings (with rating agencies) wrt the above products

3. DIMENSIONS :

(List the significant numerical data which will reflect the scope and scale of activities concerning this job).

Financial Dimensions :

(These should be quantifiable numerical amounts like annual budgets, project costs, annual revenue, purchase value etc.).

- Aggregate estimated profit/ return/ financial projections of offshore entity are confidential;

- A broad figure of asset size could be around Rs. 5000-10000 cr for the offshore entity within a period of around 2-3 years.

Other Dimensions :

(Indication of some of the significant volumes associated with the job like number in team/ staff handled etc).

- The position is a new position in the SI Group which has been in existence for - 4 years.

- The staffing of each new entity / business (AIF/ overseas financing vehicle/ INVIT etc) would be decided at a later point in time

- Position would report to the head of the Strategic Initiatives Group.

4. SKILLS AND KNOWLEDGE :

(State the minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).

Educational Qualifications and Experience :

- MBA with 1-3 years experience

- Preferably (relevant experience in) investment banking/ consulting/ MNC / Bank

- Experience of responsibility with respect to initiating, negotiating and executing/ closing term sheets

- Ability to network at diverse levels

- Diverse experience of working across groups / locations

- Understanding of regulations / regulatory guidelines/ Business Plans

- In-depth understanding / expertise wrt at least 1 PPP / Infra sectors

- Understanding / experience of structuring financial products / innovative thinking

- Understanding the larger / big picture / objectives & strategic issues associated with new initiatives

- Good communication skills