CAFRAL is looking to appoint a Senior Adviser to provide independent informed perspectives on complex financial and macroeconomic issues to the Reserve Bank while also driving the technical processes for feasible structural policy changes. Some of the key areas where the Senior Adviser could drive the informal processes to facilitate policy making are:

• Bank recapitalisation fund for private banks/NBFCs (where the focus will be to attract new risk capital from private equity funds/sovereign wealth funds/multilateral development banks) ;
• Bad bank, or any other institutional mechanism to deal with bad assets and thereby recreate capacity of the banking system to support economic growth;
• Develop markets for securitisation of assets;
• Special Purpose Vehicle(SPV), with equity and debt raising capacity, to deal with stress in MFls/SFBs/small financial entities;
• Institutional mechanism for long-term financing of infrastructure projects - Development Bank.
• Any other area of relevance

Candidates must have vast experience in all key dimensions of Indian banking - retail, corporate, and international; held very senior level positions in banks /financial Institutions with contributions in driving key institutional changes; adequate exposure to international investors and multilateral institutions; and capacity to lead processes to create new systems/institutions.