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Head-Special Assets Management

The Bank of Punjab is one of the leading banks of Pakistan with a large network of 639 online branches including Islamic Banking branches across Pakistan. The Bank of Punjab is an Equal opportunity employer. BOP invites applications from high-caliber, seasoned professionals for the following position in its Special Assets Management Division, Lahore.

Grade Range: EVP

Location: Lahore

DUTIES & RESPONSIBILITIES

Responsible to develop and implement strategy for remedial management of a non-performing portfolio of the bank while ensuring the job is done in accordance with Bank’s rescheduling & restructuring policy and State Bank of Pakistan’s regulations.
Implementation of approved rescheduling/restructuring while monitoring approved covenants in the entire portfolio.
Remedial management of the non-performing portfolio to achieve trade/ ancillary/fee-based business, for increased profitability.
Filing of recovery the suit against defaulters, ensuring close liaison with dealing counsels.
Initiate hard-hitting actions, like the prosecution of defaulters through civil and criminal litigation, placement of their names on Exit Control List, search and attachment of their hidden assets and invocation relevant legal provisions to make result-oriented efforts for the speedy recovery of the infected portfolio.

The position demands highly motivated, result-oriented individual with demonstrated experience & leadership skills and well-versed with applicable banking regulations, labor laws & practices.

Qualification: Minimum Bachelors or equivalent from an HEC recognized University/ Foreign University.

Experience: Minimum 12 years of banking experience including 5 years at a senior managerial role in a similar function.

Age: Upto 55 Years as of June 13, 2021

The above position carries an attractive market-based salary package. Enterprising individuals fulfilling the above-mentioned criteria are encouraged to apply online at bop.rozee.pk latest by June 13, 2021.

Only shortlisted candidates shall be called for an interview. No TA/DA shall be admissible.

Females and persons from underrepresented groups are strongly encouraged to apply.

Note: The Bank reserves the right to change/alter the above-mentioned criteria and reject applications without assigning any reason.

Skills

Filing Of Recovery Suit Remedial Management Written Oral and Communication Record Keeping Team Management

Job Details

Industry:

Banking/Financial Services

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Department:

Special Assets Management Division

Job Location:

Lahore, Pakistan

Gender:

No Preference

Minimum Education:

Bachelors

Degree Title:

: Minimum Bachelors or equivalent from a HEC recognized University/ Foreign University.

Career Level:

Department Head

Minimum Experience:

12 Years (Minimum 12 years of banking experience including 5 years at a senior managerial role in similar function.)

Apply Before:

Jun 14, 2021

Posting Date:

May 30, 2021

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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