Lahore Jobs National Bank of Pakistan (NBP), one of the largest and leading banks in the country, is seeking talented and experienced professionals for a key role in its Special Assets Management Division, based in Lahore Lahore Jobs. The position available is for the Wing Head – Assets Rehabilitation Wing North (VP/SVP), reporting to the Divisional Head Lahore Jobs. The bank is committed to fostering socioeconomic growth and sustainable development, aiming to transform into an agile, future-fit institution. Candidates for this position must have a minimum of 10 years of banking experience, with at least 3 years in a supervisory role in corporate or commercial recovery, credit risk management or business.
Applicants should hold at least a graduate degree, with preference given to those with a Master’s degree or other relevant professional qualifications Lahore Jobs. Strong knowledge of corporate and commercial credit, SBP prudential regulations and relevant litigation experience is highly preferred Lahore Jobs. Essential skills include proficiency in MS Office, excellent communication, interpersonal skills and the ability to work effectively as a team player. The role requires the individual to conduct legal and financial reviews, negotiate restructuring and rehabilitation strategies, supervise credit appraisals and oversee legal proceedings in consultation with the NBP Legal Division.
The selected candidate will be responsible for managing rehabilitation projects, ensuring alignment with settlement packages and achieving set targets Lahore Jobs. The role also involves preparing business plans, conducting client visits and monitoring case progress to contribute to the bank’s profitability and recovery goals. Employment will be on a contractual basis for three years, with potential renewal based on performance Lahore Jobs. Interested candidates are encouraged to apply online via the NBP’s career website within 10 working days from the date of the advertisement.
National Bank of Pakistan NBP Job Vacancies Details
| Date Posted: | 12 Nov 2024 |
| Category: | Banking/Financial Services |
| Education: | Minimum Graduation, Master’s/Professional qualifications preferred |
| Vacancy Location: | Lahore, Pakistan |
| Job Industry: | Banking/Finance |
| Job Type: | Contractual (3 years, renewable) |
| Full Time: | Yes |
| Last Date: | 24 Nov 2024 |
Jobs Name
- Wing Head – Assets Rehabilitation Wing North (VP/SVP)
Company Name
- Write the company name
Position Overview
The Wing Head – Assets Rehabilitation Wing North (VP/SVP) will play a pivotal role in leading the Special Assets Management Division at National Bank of Pakistan, overseeing the rehabilitation and restructuring of corporate and commercial credit relationships Lahore Jobs. This executive is expected to demonstrate strong leadership by managing a team, developing action plans and strategies to rehabilitate distressed assets and driving the bank’s profitability through effective cash recovery and reversal of provisions Lahore Jobs. The role demands a strategic mindset to negotiate with obligors on restructuring plans, supervise credit appraisals and manage legal proceedings in collaboration with the NBP Legal Division. The executive will also be responsible for monitoring rehabilitation progress, ensuring alignment with settlement packages and achieving annual business targets. Key leadership expectations include fostering a service-oriented, results-driven team environment, while adhering to the bank’s policies, SBP regulations and maintaining high standards of communication, financial analysis and compliance.
Eligibility Criteria
| Criteria | Requirement | Preferred Qualification | Experience |
|---|---|---|---|
| Educational Qualification | Minimum Graduation or equivalent from a recognized institution | Master’s Degree or relevant professional qualification | – |
| Experience | Minimum 10 years of banking experience | – | At least 3 years in a supervisory role in Corporate/Commercial Recovery or Credit Risk Management |
| Skills/Expertise | Sound knowledge of Corporate & Commercial credit, SBP Prudential Regulations | – | Experience with relevant litigation preferred |
| Other Requirements | Proficiency in MS Office (Word, PowerPoint, Excel), strong communication and interpersonal skills | – | Ability to prioritize and meet strict deadlines |
About Company
National Bank of Pakistan (NBP) is one of the largest and most prominent banks in the country, dedicated to supporting the financial well-being of the nation and promoting inclusive development Lahore Jobs. With a broad local and international network, NBP plays a significant role in contributing to the socioeconomic growth of Pakistan. The bank’s mission is to transform into a future-fit, agile and sustainable institution while fostering growth and financial stability. By offering a comprehensive range of banking services, NBP aims to empower individuals, businesses and communities, helping them achieve their financial goals and navigate complex economic landscapes.
At NBP, the company values professionalism, integrity and a commitment to excellence. The bank strives to maintain a dynamic and inclusive work environment where employees are encouraged to innovate, grow and contribute to the organization’s strategic objectives Lahore Jobs. The bank promotes a culture of teamwork, accountability and transparency, ensuring that all team members are aligned with its vision of becoming a leader in the banking sector. By prioritizing customer satisfaction and operational efficiency, NBP creates an environment where employees can thrive and make a meaningful impact, while contributing to the ongoing success of the bank.
Application Deadline
| Deadline | 24 Nov 2024 |
Required Experience
| Experience | 2 Years |
Benefits
- Remote Working Options: The bank offers flexible remote working arrangements, allowing employees to work from home or other locations when required, depending on the role and department needs.
- Flexible Hours: NBP provides flexible working hours, enabling employees to adjust their schedules to maintain a healthy work-life balance while meeting performance goals.
- Health and Wellness Benefits: Employees are offered comprehensive health and wellness benefits, including medical insurance, health coverage and access to wellness programs that support physical and mental well-being.
- Stock Options or Bonus Schemes: NBP has stock option plans or bonus schemes that reward employees for their contributions to the bank’s success, aligning their interests with the company’s performance.
- Work-Life Balance: The bank supports a healthy work-life balance by providing various leave options, including annual, sick and parental leave, to ensure employees can take time off when necessary.
- Employee Assistance Programs (EAP): NBP offers employee assistance programs to help staff manage personal or professional challenges, providing confidential support and resources for mental health, counseling and financial advice.
Contact Information
| Official Website | official link |
| you can also be apply | National Bank of Pakistan NBP |
| Physical Address | National Bank of Pakistan, Lahore, Pakistan |
How to Apply (Lahore Jobs)
- Look for the job vacancy for Wing Head – Assets Rehabilitation Wing North (VP/SVP) under the Special Assets Management Division.
- Read the detailed job description and eligibility criteria carefully to ensure you meet the qualifications.
- Prepare your updated resume/CV highlighting your relevant experience, qualifications and skills.
- Fill out the online application form available on the career page with the required details.
- Submit the application online within 10 working days from the date of the job advertisement.
- Keep track of your application status; only shortlisted candidates will be invited for an interview.
Frequently Asked Questions
Tell us about yourself.
“I have over 10 years of experience in the banking sector, specifically in corporate recovery and credit risk management. Over the past few years, I’ve held a supervisory role in managing distressed assets, leading teams to rehabilitate underperforming accounts and ensuring compliance with SBP regulations. My background in finance and my ability to work under pressure make me well-suited for this role at NBP.”
Why do you want to work for National Bank of Pakistan?
“I’ve long appreciated NBP’s leadership in the banking sector and its dedication to social development. I’m particularly drawn to this role because of the opportunity to contribute to the bank’s strategic goals by leading the rehabilitation of corporate and commercial credit relationships. I’m excited about working with a team that shares my passion for driving growth and sustainable financial solutions.”
What are your key strengths?
One of my key strengths is my ability to analyze complex financial situations and develop strategies that lead to effective resolution. I am also skilled in team leadership, having managed a team of professionals to successfully restructure distressed assets. Additionally, my strong communication skills enable me to negotiate with clients effectively and foster positive working relationships.”
How do you handle stress and pressure?
I manage stress by being organized and prioritizing things according to urgency and importance. I ensure that I take a systematic approach to problem-solving and break down complex challenges into manageable parts. I also believe in maintaining open communication with my team and superiors to ensure alignment and avoid unnecessary stress.”
What is your approach to leadership?
“I believe in setting a good example for my staff and encouraging them to take responsibility for their roles. My leadership style is collaborative, where I encourage open communication and value input from team members. I also focus on providing clear guidance and support to help my team achieve their goals while maintaining high standards of professionalism and integrity.”
Can you describe a challenging situation you faced at work and how you handled it?
“In my previous role, we faced a situation where a major corporate client was unable to meet its payment obligations. I led the negotiations for a restructuring plan that involved revising the repayment terms and identifying new financing options for the client. Through persistent dialogue and detailed financial analysis, we were able to restructure the loan and bring the account back on track, minimizing the bank’s exposure to risk.”
Where do you see yourself in five years?
In five years, I envision myself in a senior leadership role within the Special Assets Management Division, helping to design and implement critical strategies that drive NBP’s growth. I aim to continue expanding my expertise in corporate recovery and restructuring while mentoring and developing the next generation of leaders within the bank.”