Job Description

Recruitment of Project Development Specialist (PDS)

The Export-Import Bank of Korea (Korea Eximbank)

The New Delhi Representative Office of Korea Eximbank plans to recruit one (1) new staff for the post of Project Development Specialist (PDS) in the sectors of Official Development Assistance (ODA).

1. Application Documents: Please refer to the terms of reference for application documents

2. Last Date of Documents Submission: 6:00 PM, 15th March, 2024 (Indian Standard Time)

3. Address of Submission of Application Documents: (email) KeximNDO@rediffmail.com

Mr. Jung Wan Ryu

Chief Representative

Korea Eximbank New Delhi Representative Office

(Attention: Mr. Dohyeon Park, Deputy Chief Representative)

Unit No. – F-7, 1st Floor, Commercial Block

Hyatt Delhi Residences, Aerocity, New Delhi – 110037

4. Recruiting Process: (subject to change)

• Application Documents Evaluation : 18th March, 2024

• Interview for Shortlisted Candidates : 20th ~ 22nd March, 2024

• Submission of Medical Examination Report for Final Candidates : 25th ~ 26th March, 2024

• Final Notice & Job Offer to the Selected Candidate : 26th March, 2024

• Starting Date of Work : Beginning of April, 2024

5. Place of Work: Korea Eximbank New Delhi Representative Office, Aerocity, New Delhi

Candidates should not be restricted from traveling across various states in India.

Please refer to the detailed terms of reference for the PDS job at Korea Eximbank New Delhi Representative Office.

Sincerely,

Jung Wan Ryu

Chief Representative

New Delhi Representative Office

The Export-Import Bank of Korea

The Export-Import Bank of Korea : Who We are and What We Do

The Government of Korea (GOK) established the Economic Development Cooperation Fund (EDCF), Korea's ODA in 1987 to promote economic cooperation between Korea and partner countries. Korea Eximbank, entrusted by the Ministry of Economy and Finance (MOEF), is responsible for the administrative operation of the EDCF, including appraisal of the project, execution of the loan agreements, and loan disbursements. As a member of the OECD Development Assistance Committee (DAC), Korea's government seeks to meet developing countries' infrastructure needs and improve aid quality through a new development cooperation model. The fund provides concessional loans to partner countries to facilitate their industrial development and economic stability.

Since its foundation in 1987, EDCF has approved USD 22,964 million for 503 projects in 58 countries and has disbursed USD 9,806 million on a cumulative basis as of the end of 2022. The disbursements have been in sectors like transportation, health, water supply and sanitation, energy, government and society, communications, and education sectors. In 2022, EDCF committed USD 2,410 million to 21 projects in 13 countries.

The Republic of Korea was designated by the Republic of India as its Official Development Assistance (ODA) partner for development cooperation in October 2016. The key focus areas of interest include climate adaptation and mitigation, ICT, Renewable Energy, Transport, Logistics etc.

Job Responsibilities:

• Have clear understanding and knowledge of rules and regulations under India’s Official Development Assistance (ODA) guidelines and their applicability on development of various economic infrastructure projects in India in line with the mandate under the EDCF program by the Government of Korea.

• Work as primary contact point for interface between Korea Eximbank New Delhi Representative Office and Indian stakeholders including the nodal ministry of the Central Government and line ministries of the Government of India, State governments, project implementation agencies and other related entities.

• Explore, identify and prepare new project ideas for EDCF’s standalone participation in India’s developmental projects, including but not limited to sectors such as sustainable energy, logistics, transportation infrastructure, ICT, medical/healthcare, or for co-financing opportunities with other bilateral agencies and/or Multilateral Development Banks(MDBs).

• Deep dive in target sectors or States on project basis and develop comprehensive cooperation strategies for particular States.

• Support relevant departments, teams and personnel at Korea Eximbank’s headquarter and the New Delhi Representative Office in formulation and management of country policy and portfolio for India in line with changing rules and regulations of the Indian Government.

• Keep track of annual progress/disbursement/results of EDCF’s developmental projects as well as other bilateral development partners and MDBs in India including researching, regular updating and sharing of sector information and trends.

• Prepare, participate and support meetings with the Department of Economic Affairs (DEA), including the India-Korea Working Group Meetings (WGM) and EDCF missions such as fact-finding, appraisal and review missions. Also, prepare, participate and support arranging other various meetings in developing projects, i.e. preparation for project concept papers, or for overcoming obstacles which may cause delays in projects’ developments. Support preparing agendas and ensuring achievement of mission objectives with widespread networking with possible stakeholders and preparing minutes of missions/delegation meetings thereof.

• Build rapport, liaison and maintain close and reliable contacts with relevant officials in concerned ministries/ departments/ organizations/ co-financiers/ counterpart institutions / project implementation agencies/ contractors/ consultants and other stakeholders in connection with EDCF assisted or potential ODA projects for exchange of information and effective communication for project developments.

• Perform other duties and services as desired by Korea Eximbank New Delhi Representative Office, pursuant to and in line with the rules & regulations set forth by DEA and RBI.

Requirements and Skills:

Interested candidates are required to have the followings:

• Strong command and fluency of English and Hindi in reading, writing, and speaking. Candidates will be requested to submit a short paragraph, in both English and Hindi on a subject which will be shared during the interview.

Education:

• A Bachelor’s degree. Degree in development related fields like Finance, Economics, Policy, Engineering, Development, Logistics, Climate change, Environment, and post graduate qualification may receive preference.

Experience:

• Professional working experience in the design, implementation, monitoring, and evaluation of official development assistance programs/strategies of major donor countries.

• Good working knowledge of multilateral and/or bilateral donor organization’s procedures, and standards, as an asset.

• Specialized courses or certifications in development assistance, project management, project finance or related areas can also be beneficial.

• Proficiency in using business software applications like MS Office including MS-Word, Excel, and PowerPoint.

• Strong analytical, comprehension and communication skills.

• Availability to travel, as and when required, at short notice.

Korea Eximbank reserves its right to reject/not to consider a candidate’s application during the selection process owing to the candidate’s criminal records in the past; involvement in court cases in the past/present; prohibition to travel by Indian authorities or any other facts that may affect the candidate’s employment prospects. False declaration, if found after employment, will be deemed as a criminal contempt, and may lead to immediate termination of the employment contract.

Submission of Application:

Interested candidates need to submit the following documents to Korea Eximbank, New Delhi Representative Office, for preliminary shortlisting:

An up-to-date electronic version of Full Curriculum Vitae with Photograph (color, preferably passport size) including academic and professional/work experience along with 2 local Indian professional references, if applicable, need to be sent to email ID: KeximNDO@rediffmail.com along with:

• Cover letter (not more than 1 page), outlining the suitability of candidature for the vacancy indicating salary expectations (both in English and in Hindi)

• Copies of relevant certificates (academic and professional certificates)

• Articles/Publications, if any

• A write-up (both in English and in Hindi) on what are some of the structural challenges that may negatively impact development projects in India? In terms of financing development projects and programs, which sectors do you think Korea could create synergies with India? Which sectors do you think Korean companies can contribute to successfully addressing the development challenges in India? Can you share any specific instance where you encountered challenges in dealing with a particular project development process and elaborate how you resolved them? (not more than 2 pages in the font size of 14 or larger)

Candidates are advised to ensure that they provide accurate contact information while applying which should also include a valid email ID for faster communication and to avoid delay/non-receipt of communication during the selection process.

Selection Process: subject to change with prior notice to candidates

1. Application Documents Evaluation : 18th March, 2024

2. Interview for Shortlisted Candidates : 20th ~ 22nd March, 2024

3. Submission of Medical Examination Report for Final Candidates : 25th ~ 26th March, 2024

4. Final Notice & Job Offer to the Selected Candidate : 26th March, 2024

5. Starting Date of Work : Beginning of April, 2024

Deadline of submission of application: 6:00 PM, 15th March, 2024 (Indian Standard Time)

Address for submission:

Mr. Jung Wan Ryu

Chief Representative

Korea Eximbank New Delhi Representative Office

(Attention: Mr. Dohyeon Park, Deputy Chief Representative)

Unit No. – F-7, 1st Floor, Commercial Block

Hyatt Delhi Residences, Aerocity, New Delhi – 110037

E-mail: KeximNDO@rediffmail.com

Note:

Korea Eximbank reserves the right to cancel/withdraw this employment notification at any point of time or not to select any candidate for the vacancy without citing any reason. Korea Eximbank will not entertain or respond to inquiries regarding the selection process before/after receipt of all applications. Necessary correspondence will be made only with shortlisted candidates directly. Candidates found to be indulged in unfair means for his/her selection either in person or through anyone will summarily be disqualified from the selection process.

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