Posted Oct 25, 2020 47 views
Division/Department: Treasury & FI Group
Grade Range: AVP-I to AVP
Reports To: Unit Head FI
Job Summary:
The role requires development, monitoring, and execution of FI products along with marketing, and sales. The role assists Unit Head & Head FI to originate customers and looks over operational activities to increase and sustain the profitability of the department through business origination.
Major Duties & Responsibilities to perform the Role:
· Fully completes all major sales and pitching tasks assigned by Unit Head & Head of FI. The tasks include making phone calls, visiting clients, and follow up for deals.
· Continuously works to identify business opportunities for FI, source clients, and work under the instructions to research and market trade, guarantees, cash, and other products.
· Develop comprehensive understanding of products, processes, regulations, and controls for products and services offered by FI as part of its division strategy for the target year.
· Assist in execution of transaction and deals which shall include follow up and correspondence with trade, branches, CPUs, operations, and other departments.
· Assist to identify clients for guarantee business and aggressively market back to back guarantee products through local and international market.
· Assist line managers in on-going tasks and projects to continuously improve process workflows and product delivery mechanisms as well as service standards.
· Frequently correspond with local and foreign banks as well as guarantee agents for sustaining and improving relationship with these entities and explore business opportunities in order to penetrate into client wallet.
· Maintains relationships with contractors, indenters, and agents on FI's portfolio.
· Performs day to day tasks in processing of guarantees which include client coordination, legal vetting, limit feeding, and expediting delivery of guarantee to achieve higher service standards.
· Should equip and acquire SWIFT operations skills.
Submit progress reports, call reports, marketing, and income updates to Head- FI vis-a- vis management on on-going basis.
Relevant Experience: 03+Years of banking experience
Qualification: Graduate
Location: Head Office Karachi
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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