Wing Head - Legacy Portfolio Management (North) (VP / SVP)
National Bank of Pakistan
Published Date: • Lahore, Pakistan (On-Site)
Description
“The Nation’s Bank”, National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.
In line with our strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the following position in the area of Special Assets Management based in Lahore.
The individuals who fulfill the below basic-eligibility criteria may apply for the following position:
Position / Job Title:
Wing Head – Legacy Portfolio Management (North) (VP / SVP)
Reporting to:
Divisional Head – Special Asset Management - North
Educational /Professional Qualification:
Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC of Pakistan
Candidates having a Master’s degree and / or any other relevant professional certification(s) will be preferred
Experience:
Minimum 08 years of experience in Banking and / or Financial Institution, out of which at least 04 years in a managerial and / or supervisory role in Recovery and / or Risk Management and / or Legacy Portfolio Management and SBP Coordination
Candidate having experience of recovery and SAM will be preferred
Other Skills / Expertise / Knowledge Required:
Awareness of relevant SBP Prudential Regulations
Effective communication and interpersonal skills
Good analytical skills
Good team player
Proficiency in MS Office
Ability to prioritize and accomplish tasks with strict deadlines
Outline of Main Duties / Responsibilities:
To assist Divisional Head in preparation of budgets, set and assign new targets for Relationship Managers, while also making strategies to cope up with any shortfalls in setting targets for Relationship Managers
To review financial health of rehabilitated relationships and create a contingency plan to meet set current targets
To review and discuss the active cases currently under process and review further cases to be attended to in line
To carry out negotiations with obligor and liaise with the Legal department to review complications and discuss solutions to safeguard the Bank's Interest
To ensure resolution of queries from other groups, SBP or obligor and coordinate with obligor on improvements that can be made on the respective projects
To review the target positions and work on the financial model to access the project needs to rehabilitate the project
To hold discussions with Relationship Managers regarding progress on task assignments and review subordinate assignment deadlines to ensure efficiency
To monitor and review the repayments of approved relationships, and their successful closing. Also, review the progress of relationships parked at LPMW
To review the credit proposal and submit it to DH / GC / CRO and MCC on time
To review and rectify customers’ audit queries within the given time, as and when needed
To liaison with CAD for implementation / documentation of approved rehabilitation
To conduct discussions with project teams on PRs, SBP, and Bank’s policies regarding the level of implementation
To build relationships and ensure recovery of the year and formulate next year’s recovery plan
To conduct the annual appraisal of the reporting staff efficiently
To perform any other assignment as assigned by the supervisor(s)
Place of Posting:
Lahore
Assessment Interview(s)
Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteria will be invited for panel interview(s).
Employment Type:
The employment will be on contractual basis for three years which may be renewed on discretion of the Management. Selected candidates will be offered compensation package and other benefits as per Bank’s Policy / rules.
Apply within 10 working days from the date of this job posting.
Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.
National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.