Posted Jun 12, 2022 236 views
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(s) in its People & Organizational Excellence Group. The following job profile offers excellent opportunity for the right candidates desirous of building a long term career in a dynamic organization:
Grade: EVP I/SVP
Location: Lahore
Job Summary: This position is responsible to provide strategic leadership and direction to the development of pay, reward and benefits strategies that align with the Bank’s strategic plan. Position is also responsible to oversee Risk Management within the People & Organizational Excellence Group.
Lead Rewards & Operational Risk Management division to advise on the best practice for total reward processes, contributing to the planning, design and implementation of compensation and benefit programmes. Conducts research into best practice total reward schemes, reviewing existing schemes and identifying areas of improvement.
- Develop and implement the reward strategy, including: salary benchmarking, benefits management and annual compensation events such as bonus and salary review that align with the company’s strategic plan.
- Plan and direct the implementation of all benefit plans.
- Assess the effectiveness of current programs in relation to the Bank’s objectives and implement change where necessary.
- Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
- Oversee Risk Management within the People & Organizational Excellence Function.
- Ensure facilitation / management of Internal / External Audits, Compliance & Controls.
- Work with respective teams in monitoring and closing any risks identified as part of the regular internal checks and controls, including audit. Support the teams in compiling action plans for control gaps to ensure timely remediation.
- Initiate projects and engage stakeholders, where development, maintenance and ongoing enhancement of process controls is required.
- Provide regular performance metrics / dashboards on P&OEG Risk Management to P&OEG top management on Risk, Conduct & Behavior.
Basic Eligibility Criteria:
Qualification: Minimum Bachelors or equivalent from a HEC recognized University/ Foreign University.
Age: Up to 55 Years as of June 26, 2022.
Experience: Minimum 09 Years of experience with 03 years in a similar role.
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) Bank is an equal opportunity employer. Females, minorities, PWDs and Transgenders are encouraged to apply.
d) Individuals fulfilling the above mentioned criteria are encouraged to apply online through Rozee portal www.bop.rozee.pk latest by June 26, 2022
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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.
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