The National Bank of Pakistan Jobs is offering career opportunities for Cluster Recovery Officers in its Special Assets Management division. These roles are aimed at professionals with a background in financial institutions particularly in managing recoveries related to SME corporate commercial and agriculture loans. The bank is looking for individuals with at least 2 to 4 years of relevant experience depending on the grade level along with strong communication negotiation and analytical skills. Candidates with knowledge of litigation and credit risk management are highly preferred.
The primary responsibilities of the Cluster Recovery Officers include formulating strategies for loan recoveries conducting meetings with defaulters and collaborating with various teams to ensure smooth recovery operation National Bank of Pakistan Jobs. They will also be tasked with managing portfolio reviews coordinating with customers for timely payment and negotiating settlements with defaulters. The job involves interacting with legal divisions and external agencies to resolve outstanding issues ensuring compliance with the bank’s policies and following up with branches for successful recoveries.
These positions are available in multiple cities including Faisalabad Multan Karachi and Quetta offering a challenging yet rewarding opportunity for those who wish to make an impact in the financial sector. The employment is on a contract National Bank of Pakistan Jobs with the potential for renewal based on performance. Interested candidates are encouraged to apply through the specified website and submit their applications within 10 days of the advertisement.
Job Detail/Information
| Field | Details |
|---|---|
| Date Posted | October 2024 |
| Updated Category | Special Assets Management |
| Education | Minimum Graduation, Master’s preferred |
| Vacancy | Cluster Recovery Officer (OG-I & OG-II) |
| Location | Faisalabad, Multan, Mirpurkhas, Karachi, Quetta, etc. |
| Organization | National Bank of Pakistan |
| Job Industry | Banking / Financial Services |
| Job Type | Full-Time, Contractual (3 years, renewable) |
| Expected Last Date | 10 days after the date of the advertisement |
Organization Name
- Cluster Recovery Officer (OG-I)
- Cluster Recovery Officer (OG-II)
About Vacancies
The National Bank of Pakistan Jobs is hiring for Cluster Recovery Officer positions (OG-I and OG-II) in its Special Assets Management department. These roles are focused on managing and recovering loans from small medium and corporate clients. Candidates with a minimum of 2 to 4 years of experience in financial institutions are eligible with preference given to those with a background in credit risk management and litigation.
In these roles the officers will work to create recovery strategies coordinate with customers and handle overdue payments. They will also need to meet with defaulters and legal teams negotiate settlements and ensure recovery targets are met. Additionally officers will be responsible for keeping detailed reports and following bank policies to maintain smooth operations.
These National Bank of Pakistan Jobs offer a great opportunity for career growth in cities like Faisalabad Karachi Multan and more. Applicants can apply online within 10 days of the job posting.
Basic Requirements National Bank of Pakistan Jobs
Here are the basic requirements for theNational Bank of Pakistan Jobs:
- Education:
- A graduation degree from an accredited institution is required.
- Preference will be given to candidates with a Master’s degree or equivalent professional qualifications.
- Experience:
- OG-I: At least 4 years of experience in financial institutions with exposure to SME corporate or commercial loans and credit risk management.
- OG-II: At least 2 years of relevant experience with 1 year in a similar field.
- Skills:
- Strong communication and negotiation abilities.
- Proficient in MS Office with strong analytical skills.
- Skilled in team management and capable of handling multiple responsibilities..
- Additional Experience:
- Preference will be given to candidates with experience in litigation and loan recovery.
Contact Details
| Contact Detail | Information |
|---|---|
| Website URL | www.sidathyder.com.pk |
| [email protected] | |
| Address | Sidat Hyder Morshed Associates Pvt Ltd, Management Consultants, Beaumont Plaza, Beaumont Road, Karachi, Pakistan |
Also check
Conclusion
In conclusion, the Cluster Recovery Officer positions at the National Bank of Pakistan present an exciting opportunity for individuals looking to advance their careers in the banking sector National Bank of Pakistan Jobs. With a focus on loan recovery and credit risk management, these roles require a blend of relevant experience, strong communication skills, and the ability to work effectively with clients and teams National Bank of Pakistan Jobs.
1. What qualifications are required for Cluster Recovery Officer National Bank of Pakistan Jobs 2024?
Candidates need at least a graduation degree from a recognized institution. A Master’s degree or equivalent professional qualifications is preferred. Relevant experience of 2 to 4 years in financial institutions especially in credit risk management and loan recovery is essential.
2. How can I apply for the Cluster Recovery Officer National Bank of Pakistan Jobs 2024?
You can apply by visiting the official website www.sidathyder.com.pk/careers. Find the relevant job listing fill in your details upload your resume and submit the application online. Ensure you apply within 10 days of the job posting.
3. What is the last date to apply for the 2024 jobs?
The last date to apply is within 10 days of the job advertisement. Make sure to check the job posting date and submit your application before the deadline.
4. Is experience mandatory for these positions?
Yes experience is required. For OG-I positions a minimum of 4 years of experience in financial institutions is needed while OG-II positions require at least 2 years of experience including 1 year in a similar role.
5. What locations are available for these job vacancies?
The positions are available in multiple cities including Faisalabad Multan Karachi Quetta and others. Check the specific job posting to see if your preferred location is listed.
6. Is the job contractual or permanent?
The job is on a contractual basis for three years with the possibility of renewal based on performance. Selected candidates will receive compensation according to the bank’s policy.
7. Can I apply if I have no experience in litigation or credit risk?
While experience in litigation and credit risk management is preferred it’s not mandatory. Candidates with strong communication negotiation and loan recovery skills are also encouraged to apply.
8. How will I be contacted if shortlisted?
Shortlisted candidates will be contacted via email or phone for an assessment test or interview. Ensure your contact information in the application is correct.
9. Shortlisted candidates will be contacted via email or phone for an assessment test or interview. Ensure your contact information in the application is correct.
The job posting does not specify an age limit but most banking roles prefer candidates within a certain range depending on experience and qualifications. It’s recommended to check directly with the recruiting organization.
10. What skills are necessary for these jobs?
Key skills include strong communication and negotiation abilities proficiency in MSOffice excellent analytical skills and the ability to manage teams and handle recovery operations