Karachi Vacancies at The National Bank of Pakistan (NBP) is committed to supporting the financial well-being of the nation and contributing to sustainable growth and inclusive development. As one of the largest banks in Pakistan, NBP seeks to promote socioeconomic progress within the country, while transforming itself into a future-fit, agile, and sustainable institution. To this end, the bank is searching for talented, experienced, and dedicated professionals for positions in its Special Assets Management division. These positions are part of the bank’s larger strategy to strengthen its operational capabilities in this area.
Candidates applying for the position of Cluster Recovery Officer (OG-I) must meet specific educational and professional qualifications. Additionally, the role requires a minimum of four years of experience in a financial institution, with at least two years dedicated to areas such as commercial, corporate, SME, or the recovery of commercial and SME loans.
The ideal candidate will demonstrate excellent communication and negotiation skills, proficiency in MS Office, strong analytical abilities, and experience in legal and credit risk management. Responsibilities for this role include developing recovery strategies, managing relationships with defaulters, conducting meetings with various stakeholders, and ensuring the achievement of recovery targets.
Another position, Cluster Recovery Officer (OG-II), also requires candidates to possess a minimum graduation degree, with preference given to those holding a Master’s degree or relevant professional qualifications. Applicants for this position should have at least two years of experience in a financial institution, with one year spent working in areas such as commercial, corporate, or SME recovery, as well as credit risk management.
The Cluster Recovery Officer (OG-II) will work closely with the Wing Head and other teams to recover various loans, conduct meetings with defaulters, coordinate with relevant departments, and ensure compliance with internal policies and regulations.
Both positions offer placements in multiple cities across Pakistan, including Faisalabad, Mirpurkhas, Multan, D.G. Khan, Jhang, Karachi, Quetta, Sargodha, and Vehari. Candidates who meet the eligibility criteria will be shortlisted for assessments and interviews. These roles are contractual in nature, with an initial contract period of three years, which may be extended at the discretion of the management.
Successful candidates will be provided with competitive compensation packages, in line with the bank’s policies. Interested candidates can apply online via the bank’s website, and are encouraged to submit applications promptly, as the deadline for submission will be strictly enforced.
National Bank of Pakistan is an equal opportunity employer, actively encouraging applications from individuals of all backgrounds, regardless of gender, religion, or disability. The bank remains focused on creating a diverse and inclusive workforce that contributes to its mission of driving financial sustainability and economic development across Pakistan.
Karachi VacanciesKarachi Vacancies
Vacancies Available
- Cluster Recovery Officer (OG-I)
- Cluster Recovery Officer (OG-II)
The National Bank of Pakistan (NBP) Jobs Vacancies
| Job Details | Requirements |
|---|---|
| Category / Sector | Government |
| Education | Graduation / Master’s Degree |
| Citizenship | Pakistani |
| Experience | 2 – 4 years |
| Job Industry | Banking |
| Job Type | Contractual |
| Health | Physically Fit |
| Last Date to apply | 15 oct 2024 |
About Job Opportunities
The National Bank of Pakistan (NBP) is seeking skilled professionals to join its Special Assets Management team as Cluster Recovery Officers. These positions are vital for the bank’s broader strategy to contribute to the financial well-being of the nation by driving sustainable growth and inclusive development. The NBP aims to become a future-fit and agile institution by enhancing its capacity in recovering loans and managing special assets.
The available positions are for Cluster Recovery Officer OG-I and Cluster Recovery Officer OG-II. Both roles demand a strong educational background with at least a graduation degree from a recognized university. Candidates applying for the OG-I position should have at least four years of experience in financial institutions with a focus on areas such as corporate SME or the recovery of commercial loans.
Similarly the OG-II position requires two years of relevant experience with one year focused on SME and credit risk management. Candidates with legal and litigation experience will also have an advantage in securing these roles.Both positions require candidates to possess excellent communication and negotiation skills strong analytical abilities and proficiency in using MS Office.
In these roles successful candidates will work closely with the bank’s management and legal teams to recover loans by formulating recovery strategies conducting meetings with defaulters and ensuring compliance with internal policies and regulations. Responsibilities include managing portfolios coordinating with customers for repayment negotiating settlements and ensuring recovery targets are met as per the guidelines set by the bank. The placements for these positions will be in multiple cities including Faisalabad Mirpurkhas Multan.
These are contractual roles with an initial duration of three years that may be extended at the discretion of the bank’s management. Interested candidates can apply online and are encouraged to submit their applications within the specified deadline as no late applications will be entertained.
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Skills Required
- Excellent communication skills
- Negotiation skills
- Proficient in MS Office
- Good analytical skills
- Attention to detail
- Ability to manage teams
- Experience in credit risk management
- Experience in legal and litigation matters
Eligibility Requirements
| Eligibility Criteria | Details |
|---|---|
| Minimum Education | Graduation from a recognized university |
| Preferred Education | Master’s degree or relevant professional qualification |
| Work Experience for OG-I | Minimum 4 years in financial institutions with 2 years in Commercial Corporate SME or loan recovery |
| Work Experience for OG-II | Minimum 2 years in financial institutions with 1 year in Commercial Corporate SME or loan recovery |
| Skills Required | Communication negotiation analytical MS Office proficiency |
| Additional Experience | Experience in litigation or legal matters preferred |
| Citizenship | Pakistani |
Contact Information
| Information | Details |
|---|---|
| Organization URL | www.sidathyder.com.pk/careers |
| Address | National Bank of Pakistan Head Office I.I. Chundrigar Road Karachi |
| contact@sidathyder.com.pk | |
| Contact Number | +92-21-111-000-111 |
Employment Type
- Contractual basis
- Initial contract for three years
- Possible renewal based on management discretion
- Compensation as per bank’s policy
- Other benefits as per bank’s rules
Related Jobs
Company Name
- The National Bank of Pakistan (NBP) Karachi
Compensation Range
- 40K to 100K
How to Apply
- Visit the official website www.sidathyder.com.pk/careers
- Select the desired job vacancy
- Upload your updated CV and necessary documents
- Submit the application form before the deadline
- Wait for confirmation and shortlisting for test or interview
What is the minimum educational requirement for the Cluster Recovery Officer positions?
The minimum educational requirement is a graduation degree from a recognized university. Candidates with a Master’s degree or other relevant professional qualifications will be preferred.
How long is the contract for the positions?
The initial contract is for a duration of three years which may be renewed at the discretion of the management based on performance and organizational needs.
Where can I find the application form for these job vacancies?
The application form can be found on the official website www.sidathyder.com.pk/careers where candidates can apply online by following the provided instructions.
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