Posted Feb 12, 2024 4620 views
The Bank of Punjab is one of the fastest growing Banks in Pakistan with its profound existence of over 35 years. It operates through a network of 780+ real-time online branches and 700+ ATMs across the country. The Bank has established a strong foundation while offering premium banking services with major focus on unsurpassed value added services for its customers through advanced solutions.
In line with the Bank’s progression strategy, we invite applications from experienced, dedicated and performance-driven professionals for the following positions in its Risk Management Group. The following job profiles offers excellent opportunity for the right candidates desirous of building a long term career in a dynamic organization:
Grade: EVP-I/EVP
Location: Lahore/ Karachi
Job Summary / Major Responsibilities
- Effective & efficient development, execution and implementation of ERM framework on Bank-wide basis in line with regulatory guidelines and industry best practices
- Development, maintenance, automation and upgradation of risk based models and methodologies for Market risk, Liquidity risk, Operational risk, ML/TF/PF, IFRS-9, stress testing’s and ICAAP etc.
- Actively engage with the business to identify, quantify and mitigate/monitor all Risks
- Develop Risk appetite limits as per Bank business strategy & regulatory framework. Prepare a consolidated risk appetite statement and report breaches to Higher Management and/or BOD
- Calculate Capital Adequacy and other regulatory ratios and ensure timely submission of all regulatory reports
- Develop and implement ERM related policies & procedures
- Implementation of IFRS-9 framework and calculation of ECL as per regulatory guidelines
- Develop and implement the risk registers and evaluate the risk of stress events and report results and remedial action to Higher Management
- Prudently and comprehensively look after matters & reports pertaining to Operational Risk
- Oversee the development and enhancement of risk based reports, systems and monitoring mechanisms to provide accurate, precise & decision oriented risk information to CRO, Management and/or Board Committees
- Efficiently and effectively supervise the activities and tasks of the ERM Division and provide robust feedback and guidelines as and when required
- Ensure capacity planning, team building, and effective execution of deliverables along with competitive, productive and position work culture.
Eligibility Criteria
Qualification: Minimum Bachelor’s Degree from a HEC recognized Local/ Foreign University. Preference will be provided to Master’s or above level qualification holders.
Experience: Minimum 12 Years of Banking Experience, specifically in the field enterprise risk management experience
Age: Up to 55 Years as of February 12, 2024.
Important Note:
a) Only shortlisted candidates shall be called for interview. No TA/DA will be admissible.
b) The Bank of Punjab reserves the right to accept or reject any application(s) without assigning any reason(s) thereof.
c) The Bank is an equal opportunity employer. Females, minorities and PWDs and Transgender are encouraged to apply.
d) The above position(s) carry market based competitive remuneration.
e) Individuals fulfilling the above mentioned criteria are encouraged to apply online through BOP career portal bop.rozee.pk latest by February 12, 2024.
Skills
Job Details
The Bank of Punjab (BOP)
The Bank of Punjab was established in 1989 under The Bank of Punjab Act, 1989 passed by Provincial Assembly of the Punjab, as a non-scheduled Commercial Bank with majority shareholding of Government of the Punjab. The Bank earned the status of a scheduled Commercial Bank in 1994 and currently carries a vast network of over 620 online branches, strategically located across the Country along with an ATM network of over 550 offering 24/7 banking services to its diverse clientele of over 2 million. Since its inception, the BOP has seen many ups and downs and has also successfully weathered the waves of economic volatility, recessions and stiff market competition over the years. Current strong network base coupled with solid capital structure and phenomenal financial results posted during last few years has transformed the Bank to one of a leading financial institution of the Country. Now, the Bank standouts among peer group as a robust and rapidly growing commercial Bank. Besides offering a range of products and services to meet the modern days’ banking requirements of its clients, the Bank has also established its footprint in the areas of consumer financing, agriculture credit, corporate & investment banking, cash management and alternative delivery channels. While achieving the objective of financial inclusion through its presence in remote and unbanked areas of the Country with HarFardKaKhayal the Bank is playing its due role in the economic growth of the Country through its various specially tailored and designed products and services.
What is your Competitive Advantage?
Zubair Anjum
Business Excellence Specialist
Nestle Pakistan
Babar Ahmed Khan
Territory Sales Manager
Engro Foods
Zohaib Ali
Marketing Manager
Digital Online Devices
Aqib Irshad
Head of HR, Training & OD
FINCA
Usman Habib
Recruitment & Training Executive
ACS Synergy (Pvt) Ltd.
Sehrish Azhar
Motivational Speaker & Blogger
Living Upbeat
Muzammil Baig
Digital Marketing Manager
IT Services Group
Ali Aziz
CEO
Shopistan
Mona Sharif
Senior Team Lead
Konext PVT. LTD
Ayesha Shaukat
Social Media Marketing Manager
Ivoke
