The National Bank of Pakistan is seeking experienced professionals for positions in Special Assets Management, focusing on recovery of loans within the SME, commercial, and agriculture sectors Jobs Vacancies in Karachi Karachi Job. The roles require a minimum of a graduate degree, with preference given to candidates holding a master’s degree or relevant professional qualifications. Experience of 2-4 years in financial institutions, particularly in loan recovery or credit risk management, is essential. Candidates with a background in litigation will be preferred Jobs Vacancies in Karachi .
Key responsibilities include coordinating with branch managers and regional management to handle defaulters and recovery of loans, maintaining recovery sheets and reports, conducting meetings with defaulters and legal divisions, and ensuring recovery targets are met Jobs Vacancies in Karachi. The selected professionals will also be tasked with negotiating settlements, following up with borrowers, and addressing audit requirements. Proficiency in MS Office, along with excellent communication, negotiation, and analytical skills, is required for these roles Jobs Vacancies in Karachi.
The positions will be based in various locations, including Faisalabad, Mirpurkhas, Multan, DG Khan, Jhang, Karachi, Quetta, Sargodha, and Vehari. Employment will be on a contractual basis for three years, with potential renewal Jobs Vacancies in Karachi . Interested candidates must apply online within ten working days of the job posting, with no TA/DA provided for the assessment process Jobs Vacancies in Karachi .
National Bank Of Pakistan NBP Karachi Job Vacancies Opportunity
| Details | Description |
|---|---|
| Date Posted / Updated: | 30 September 2024 |
| Category / Sector: | Banking / Financial |
| Education: | Minimum Graduation, Master’s preferred |
| Vacancy Location: | Faisalabad, Mirpurkhas, Multan, DG Khan, Jhang, Karachi, Quetta, Sargodha, Vehari |
| Organization: | National Bank of Pakistan |
| Job Industry: | Special Assets Management (Loan Recovery) |
| Job Type: | Full Time (Contractual, 3 years, renewable) |
| Expected Last Date: | 9 October 2024 |
Job Vacancies
- Cluster Recovery Officer (OG-1)
- Cluster Recovery Officer (OG-II)
Related Jobs
Job Vacancies Details
| Position | Education | Experience | Skills & Expertise |
|---|---|---|---|
| Cluster Recovery Officer (OG-1) | Minimum Graduation, Master’s preferred | Minimum 4 years in financial institutions, with at least 2 years in Commercial/Corporate/SME/Recovery or Credit Risk Management | Excellent communication and negotiation skills, proficiency in MS Office, strong analytical skills, ability to manage teams, knowledge of loan recovery, settlement, and litigation |
| Cluster Recovery Officer (OG-II) | Minimum Graduation, Master’s preferred | Minimum 2 years in financial institutions, with at least 1 year in Commercial/Corporate/SME/Recovery or Credit Risk Management | Excellent communication and negotiation skills, proficiency in MS Office, strong analytical skills, knowledge of loan recovery, settlement, and litigation |
Eligibility Criteria
| Eligibility Criteria | Cluster Recovery Officer (OG-1) | Cluster Recovery Officer (OG-II) |
|---|---|---|
| Educational Qualification | Minimum Graduation (Master’s preferred) | Minimum Graduation (Master’s preferred) |
| Experience | Minimum 4 years in financial institutions with at least 2 years in Commercial/Corporate/SME/Recovery or Credit Risk Management | Minimum 2 years in financial institutions with at least 1 year in Commercial/Corporate/SME/Recovery or Credit Risk Management |
| Preferred Qualifications | Relevant professional qualifications and experience in litigation preferred | Relevant professional qualifications and experience in litigation preferred |
| Skills & Expertise | Proficiency in MS Office, excellent communication, negotiation, and team management skills, strong analytical abilities | Proficiency in MS Office, excellent communication, negotiation, and analytical skills |
| Other | Ability to handle loan recovery, settlements, and coordinate with defaulters and legal divisions | Ability to handle loan recovery, settlements, and coordinate with defaulters and legal divisions |
About (JOB Organization)
The National Bank of Pakistan (NBP) is one of the country’s largest and most prestigious financial institutions, playing a vital role in providing banking services across a wide spectrum of industries and individuals. As a state-owned entity, NBP operates under the regulatory oversight of the State Bank of Pakistan and is committed to supporting the national economy through various financial services, including commercial banking, corporate lending, SME financing, and agricultural loans. The bank is renowned for its robust portfolio in special assets management and recovery operations, ensuring the stability of credit portfolios and mitigating financial risks Jobs Vacancies in Karachi
NBP also emphasizes innovation and sustainability in its operations, aligning with global banking standards to remain future-fit and agile. The bank continually invests in technological advancements, staff development, and customer service improvements to maintain its leadership position in the financial sector Jobs Vacancies in Karachi National Bank Of Pakistan NBP Karachi Job 2024. With a strong focus on talent acquisition, the bank seeks dedicated professionals who can contribute to its vision of growth and excellence, while upholding high standards of corporate governance and customer satisfaction Jobs Vacancies in Karachi.
Summery
The National Bank of Pakistan (NBP) is recruiting for Cluster Recovery Officer roles (OG-1 and OG-II) within its Special Assets Management department, focusing on loan recovery for SME, commercial, and agricultural sectors. Candidates must have a minimum of 2-4 years of experience in financial institutions, particularly in credit risk management or loan recovery, with a preference for those who hold a master’s degree or relevant qualifications. Strong communication, negotiation, and analytical skills, along with proficiency in MS Office, are essential for these roles Karachi Job in pakistan.
The primary responsibilities include coordinating with branch managers, handling defaulters, managing loan recovery processes, and ensuring that recovery targets are achieved. Positions are available in cities like Faisalabad, Multan, Karachi, and Quetta, with employment on a three-year contractual basis, potentially renewable. Interested applicants are required to apply online within 10 working days of the advertisement, as NBP seeks dedicated professionals to contribute to its financial recovery operations Pakistan Karachi Job.
Requirments
- Organization: National Bank of Pakistan (NBP)
- Positions Available: Cluster Recovery Officer (OG-1 and OG-II)
- Department: Special Assets Management
- Focus Areas: Loan recovery in SME, commercial, and agricultural sectors
- Experience Required:
- OG-1: Minimum 4 years in financial institutions, with at least 2 years in credit risk management or loan recovery
- OG-II: Minimum 2 years in financial institutions, with at least 1 year in credit risk management or loan recovery
- Educational Qualifications:
- Minimum Graduation (Master’s preferred)
- Preferred Skills:
- Excellent communication and negotiation skills
- Strong analytical abilities
- Proficiency in MS Office
- Key Responsibilities:
- Coordinating with branch managers and regional teams
- Handling defaulters and managing loan recovery processes
- Achieving recovery targets
- Locations: Faisalabad, Multan, Karachi, Quetta
- Employment Type: Contractual for three years (renewable)
- Application Deadline: Within 10 working days of the job posting
Contact Details
| Contact Details | Information |
|---|---|
| Website URL | Ofical Website |
| Address | National Bank of Pakistan |
How to Apply Pakistan Karachi Job
- Visit the National Bank of Pakistan’s careers page at www.sidathyder.com.pk/careers.
- Review the job descriptions for the Cluster Recovery Officer (OG-1 and OG-II) positions.
- Ensure you meet the eligibility criteria outlined in the job posting.
- Prepare your resume and any supporting documents that highlight your qualifications and experience.
- Submit your application within 10 working days from the date of the job posting.
Faqs
What qualifications are required to apply for the Cluster Recovery Officer positions?
Candidates must have at least a minimum graduation degree, with a preference for a master’s degree or relevant professional qualifications. Additionally, experience in financial institutions, particularly in credit risk management or loan recovery, is required.
What is the employment type for these positions?
The employment for Cluster Recovery Officer positions is on a contractual basis for three years, with the possibility of renewal based on performance and management discretion.