The National Bank of Pakistan is offering career opportunities aimed at supporting the financial well-being of the nation by promoting sustainable growth and inclusive development Karachi jobs . The bank is one of the leading financial institutions in Pakistan and plays a significant role in socioeconomic growth. In line with its strategy the bank is looking to hire dedicated professionals for its Special Assets Management division Karachi jobs. The available positions are for Cluster Recovery Officers (OG-I and OG-II) who will be responsible for loan recovery efforts mainly in the Small and Medium Recovery Wing.
For the Cluster Recovery Officer (OG-I) position candidates must have a minimum of four years of financial institution experience with at least two years in areas like SME corporate loans or credit risk management Karachi jobs. A graduate degree is required while a master’s degree is preferred. The role demands strong communication negotiation skills and proficiency in MS Office. The duties include formulating recovery strategies conducting meetings with defaulters and working closely with the Wing Head to resolve non-performing loans (NPLs) and meet recovery targets.
The Cluster Recovery Officer (OG-II) requires a minimum of two years of experience in similar fields with a focus on corporate and SME recovery. A graduate degree is the minimum qualification and a master’s degree is again preferred. The responsibilities for OG-II officers are similar to OG-I including working with defaulters coordinating with legal teams and ensuring compliance with bank policies during loan recovery and restructuring.
These positions are available in multiple cities across Pakistan including Faisalabad Mirpurkhas Multan D.G. Khan Jhang Karachi Quetta Sargodha and Vehari. In Karachi jobs The employment will be on a contractual basis for three years with possible extensions. Candidates are encouraged to apply online with the selection process involving tests or panel interviews for shortlisted individuals.
National Bank of Pakistan (NBP) Job Vacancies Opportunity
| Date Posted | September 2024 |
| Category | Government |
| Newspaper | Not mentioned |
| Education | Minimum Graduation (Master’s preferred) |
| Vacancy Location | Faisalabad, Mirpurkhas, Multan, D.G. Khan, Jhang, Karachi, Quetta, Sargodha, Vehari |
| Organization | National Bank of Pakistan (NBP) |
| Job Industry | Banking, Recovery |
| Job Type | Full Time |
Job Vacancies
- Cluster Recovery Officer (OG-I)
- Cluster Recovery Officer (OG-II)
Job Vacancies Details(Karachi jobs)
| Cluster Recovery Officer (OG-I) | – Minimum Graduation (Master’s preferred) from HEC recognized university/institute | – Minimum 4 years of experience in financial institutions, with 2 years in SME, Corporate, Recovery of Commercial/SME Loans, or Credit Risk Management | – Excellent communication & negotiation skills – Proficient in MS Office – Strong analytical skills with attention to detail – Ability to manage a team |
| Cluster Recovery Officer (OG-II) | – Minimum Graduation (Master’s preferred) from HEC recognized university/institute | – Minimum 2 years of experience in financial institutions, with 1 year in SME, Corporate, Recovery of Commercial/SME Loans, or Credit Risk Management | – Excellent communication & negotiation skills – Proficient in MS Office – Strong analytical skills with attention to detail |
Eligibility Criteria
| Cluster Recovery Officer (OG-I) | – Minimum Graduation (Master’s preferred) from HEC recognized university/institute | – Minimum 4 years of experience in financial institutions, with 2 years in SME, Corporate, Recovery of Commercial/SME Loans, or Credit Risk Management | – Excellent communication & negotiation skills – Proficient in MS Office – Strong analytical skills with attention to detail – Ability to manage a team | Faisalabad / Mirpurkhas / Multan |
| Cluster Recovery Officer (OG-II) | – Minimum Graduation (Master’s preferred) from HEC recognized university/institute | – Minimum 2 years of experience in financial institutions, with 1 year in SME, Corporate, Recovery of Commercial/SME Loans, or Credit Risk Management | – Excellent communication & negotiation skills – Proficient in MS Office – Strong analytical skills with attention to detail | D.G. Khan / Jhang / Karachi / Quetta / Sargodha / Vehari |
About National Bank of Pakistan (NBP)
The National Bank of Pakistan (NBP) in Karachi jobs is one of the largest and most prominent financial institutions in the country playing a vital role in supporting Pakistan’s economy. As a government-owned entity the bank focuses on providing financial services that promote economic growth sustainability and development. With a vast network of local and international branches NBP aims to meet the needs of a diverse customer base including corporate SME and retail clients. The bank’s core mission is to drive inclusive financial growth while maintaining high standards of corporate governance and regulatory compliance.
In addition to its financial services NBP plays a significant role in contributing to the socioeconomic development of the country by supporting national policies and programs aimed at reducing poverty promoting industrial growth and enhancing financial access in Karachi jobs. The bank is also committed to transforming into a future-fit and sustainable financial institution by adopting innovative practices expanding its digital footprint and addressing modern financial challenges. Through its various initiatives NBP ensures its alignment with Pakistan’s development goals and supports the financial well-being of the nation.
How to Apply(Karachi jobs)
- Search for the relevant job vacancies in the Special Assets Management section.
- Submit the application within 10 working days of the job advertisement publication.
- Wait for shortlisting as only shortlisted candidates will be contacted for further assessment.
- Prepare for the test and/or panel interview if you are shortlisted.
Contact Details
| Website URL | Apply Here |
| Read Also | Rahbar Medical & Dental College Job vacuities |
| Address | National Bank of Pakistan, Head Office, I.I. Chundrigar Road, Karachi, Pakistan |
Key Points
- Positions available for Cluster Recovery Officer (OG-I) and Cluster Recovery Officer (OG-II).
- Minimum required education: Graduation (Master’s preferred).
- Skills required: Excellent communication negotiation and analytical skills proficiency in MS Office.
- Primary responsibilities include loan recovery coordinating with defaulters and meeting recovery targets.
- Posting locations: Multiple cities including Faisalabad Multan Karachi and Quetta.
- Employment is on a contractual basis for 3 years with possible extension.
- Only shortlisted candidates will be called for a test or panel interview.
FAQs
What are the educational qualifications required for the Cluster Recovery Officer (OG-1) position?
Candidates must have a minimum of 4 years of working experience with a Financial Institution with at least 2 years in Commercial/Corporate/SME/Recovery of Commercial or SME Loans or in Commercial Credit Risk Management. Experience in relevant litigation is also preferred.
How much experience is needed for this role?
Candidates must have a minimum of 4 years of working experience with a Financial Institution with at least 2 years in Commercial/Corporate/SME/Recovery of Commercial or SME Loans or in Commercial Credit Risk Management. Experience in relevant litigation is also preferred.
What skills are essential for the Cluster Recovery Officer (OG-1) position?
Excellent communication and negotiation skills.
Proficiency in MS Office Suite.
Good analytical skills with attention to detail.
Ability to manage and provide input in formulating recovery strategies.
What are the main responsibilities of the Cluster Recovery Officer (OG-1)?
The officer will be responsible for the recovery of various loans including SME Commercial Agriculture and other products.
Conducting meetings with Branch Managers Wing Head SME Portfolio and Regional Management regarding defaulters and litigation.