The Bank of Punjab is one of the fastest growing Banks in Pakistan with its profound existence of over 33 years. It operates through a network of 662+ real-time online branches and 648+ 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 position in our Islamic Banking Group. The following job profile offers excellent opportunity for the right candidates desirous of building a long term career in a dynamic organization:

Grade: SVP-I / SVP

Location: Lahore

Job Summary: 

Financial Planning & Management

  • Development and adherence of policies, procedures and implement an effective financial control structure in the business group to ensure proper maintenance of books. 
  • Preparing annual budgets & forecasting and providing variance analysis on an ongoing basis.
  • Preparation of analytical reports and making decisions with respect to funds deployment / placement, margins/ spread earnings, pricing, profitability etc.

Asset Liability Management

  • Preparation of daily detailed deposit and advances composition reports (branch-wise, profit tier-wise, CASA, Over CASA, private & government deposit, region-wise, tenure-wise etc.)
  • Review of Balance Sheet along with Income & Expenditure Statements.
  • Management of CRR, SLR, IRR.

Profit Distribution & Pool Management System

  • Managing Pool Management and Profit Distribution Mechanism under Islamic Banking arrangements in line with regulatory requirements.
  • Managing placement of funds in different pools, their tagging to assets, and creation of special pools.
  • Implementation of end to end automated PM system based system in coordination with CBS - ITD.
  • Calculation / assignment of weightages, their approval from Shariah and circulation.
  • Review of profit rates and make analysis of Cost of Deposit/ Funds, opportunity cost etc.
  • Management of periodical audits of PM by internal and external auditors and Shariah Compliance Department.
  • Liaising with Bank’s Treasury for management of all TIB Treasury Operations.

Accounting Operations & Financial Discipline 

  • Oversee accounting operations and managing quality control over financial transactions and reporting.
  • Monitoring and rectification of daily Affairs and I&E differences in association with branches, operations and IT.
  • Smooth month-end, half year end and year-end closing processes.
  • Counter-signing branches requests to open accounts with other banks and monitoring of limit breach and reconciliations.

Basic Eligibility Criteria:

Qualification: Minimum Bachelor`s or equivalent degree from an HEC recognized local/ foreign university.

Age: up to 55 years as of August 7, 2022.

Experience: Minimum 10 years of experience. Preference shall be given to candidates having 05 years of banking experience in Financial Management-Islamic Banking.

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, PWDs and Transgender are encouraged to apply.

d) The above position(s) carry market based competitive remuneration.

e)   Individuals can apply online through BOP career portal at www.bop.rozee.pk  latest by August 7, 2022.

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Department:
Islamic Banking Group
Job Location:
Gender:
No Preference
Minimum Education:
Bachelors
Degree Title:
Minimum Bachelor`s or equivalent degree from an HEC recognized local/ foreign university.
Career Level:
Experienced Professional
Minimum Experience:
10 Years (Minimum 10 years of experience. Preference shall be given to candidates having 05 years of banking experience in Financial Management-Islamic Banking.)
Apply Before:
Aug 08, 2022
Posting Date:
Jul 22, 2022

The Bank of Punjab (BOP)

Banking/Financial Services · More than 5000 employees - Lahore

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.

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