The Bank of Punjab is one of the leading banks of Pakistan with a large network of 624 online branches including Islamic Banking branches across Pakistan. BOP invites applications from high-caliber, seasoned professionals for the following position at its Head Office, Lahore
Position: Group Head Special Asset Management
Overall responsibility to develop and implement strategy for remedial management of Non-performing portfolio of the bank while ensuring 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 non-performing portfolio to achieve trade/ ancillary/ fee based business, for increased profitability.
Filing of recovery suit against defaulters, ensuring close liaison with dealing counsels.
Initiate hard-hitting actions, like 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 speedy recovery of infected portfolio
The candidate should be eligible under FPT criteria of State Bank of Pakistan
This position is SEVP/EVP level depending upon the selected individual’s capabilities, qualification & experience.
The position demands highly motivated, result oriented individual with demonstrated experience & leadership skills and well-versed with applicable banking regulations, labor laws & practices.
General Eligibility Criteria:
Qualification: Graduate / Post Graduate from an HEC recognized University / Foreign University. Candidates having a degree in Law will have added advantage
Experience: Minimum 15 years of banking experience including 5 years at a senior managerial role in a similar function.
Age: Not more than 55 years as of date of application The individuals who fulfill the above-mentioned eligibility criteria may apply in confidence.
The position carries attractive market based remuneration.
Interested candidates are encouraged to apply online by September 7, 2020.
Only shortlisted candidates will be contacted for interview.
No TA/DA will be admissible. We are an equal opportunity employer.
Pay Scale: Not Applicable
Age Limit (Years): 55
Tagged as: Bank of Punjab jobs
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