House Building Finance Company Limited (HBFC) – Career Opportunities
House Building Finance Company Limited (HBFC), a leading financial institution, has announced exciting career opportunities for experienced and talented professionals. HBFC is an equal opportunity employer offering a competitive compensation package and excellent career growth prospects.
Current Vacancies and Locations
HBFC is seeking exceptional candidates for the following contractual positions:
| Position | Location(s) |
| Manager IFRS 9 | Karachi |
| Manager Legal | Karachi & Islamabad |
Key Details and Application Process
- Application Method: All applications must be submitted ONLINE.
- Application Deadline: The last date for the submission of the online application is November 23, 2025.
- Detailed Information: Interested candidates are required to visit the official HBFC website for complete details regarding job responsibilities and the online application submission process.
🌐 HBFC Careers Website
Important Notes for Applicants
- Contractual Positions: These positions are contractual in nature and are subject to extension based on an individual’s performance and the prevailing company policy.
- Flexibility in Criteria: HBFC notes that Eligibility criteria may be relaxed in the case of candidates possessing exceptional qualification or experience.
❓ Frequently Asked Questions (FAQs)
Q1: What is the last date to apply for the HBFC hiring?
A1: The deadline for submitting the ONLINE application is November 23, 2025.
Q2: Are these permanent or contractual positions?
A2: These are explicitly stated as contractual positions, which are subject to extension based on performance and company policy.
Q3: Where are the available job locations?
A3: The Manager IFRS 9 position is in Karachi. The Manager Legal position is available in both Karachi & Islamabad.
Q4: Where can I find the job responsibilities and apply online?
A4: You must visit the official HBFC careers website at www.hbfc.com.pk/careers for full job details and to submit your application online.
Q5: Can the eligibility criteria be waived?
A5: Yes, the advertisement notes that eligibility criteria may be relaxed for candidates who possess exceptional qualification or experience.
Would you like me to use the provided website link to search for the detailed job descriptions for the Manager IFRS 9 and Manager Legal positions?
📋 Detailed HBFC Job Descriptions: Manager IFRS 9 & Manager Legal
Based on your provided advertisement and a search of the HBFC careers page, here are the detailed job descriptions, qualifications, and key responsibilities for the two available positions at House Building Finance Company Limited (HBFC).
1. 📊 Manager IFRS 9 (Karachi)
This role is critical for the Company’s compliance with International Financial Reporting Standard 9 (IFRS 9), focusing on Expected Credit Loss (ECL) modeling and financial reporting.
📝 Core Responsibilities
- ECL Model Management: Manage and implement the ongoing monthly/quarterly production of IFRS 9 Expected Credit Losses using existing models.
- Model Development: Develop additional IFRS 9 ECL models and/or PD (Probability of Default) / LGD (Loss Given Default) scorecards, especially if the HBFC expands its product offerings.
- Model Enhancement: Enhance the development of second-generation IFRS 9 models, including recalibration of PD, LGD, macroeconomic scenarios, and interest rates.
- Reporting & Analysis: Provide advanced analytical insights to senior management, explaining new technical concepts and ensuring IFRS 9 standards are met.
- Compliance: Ensure relevant journal balance movements, reconciliations, and reports are produced in line with IFRS 9 and HBFC’s financial reporting timelines.
🎓 Required Qualifications & Experience
- Qualification: ACA, ACMA, or a Master’s/4-year Bachelor’s Degree in Business Administration, Actuarial Sciences, Data Science, or Econometrics from an HEC-recognized institution.
- Age Limit: Maximum 40 years.
- Experience: Minimum 03 years of relevant post-qualification experience.
- Technical Skills: Significant prior experience in an IFRS 9/Credit Risk Modeling team. Strong understanding of risk metrics and accounting concepts (PD, LGD, EAD, fair value). Proficiency in Advanced Excel, Power BI, VBA, SQL, C++/SAS/SPSS, and experience working with large datasets is highly valued.
2. ⚖️ Manager Legal (Karachi & Islamabad)
This position is responsible for managing the Company’s litigation portfolio and providing expert legal counsel on various institutional matters.
📝 Core Responsibilities
- Litigation Management: Manage the litigation of the Company, including regular follow-up of court cases with the objective of early and favorable disposal.
- Documentation & Reporting: Maintain court files, keep the online case management system updated, and prepare periodic and need-based reports on litigation status for management.
- Legal Advisory: Provide professional legal opinions to management on different legal issues relating to financing, labor, and corporate matters.
- Drafting & Vetting: Draft and vet various legal documents, including pleadings, contracts, legal notices, and replies to legal notices.
- External Counsel Liaison: Maintain close liaison with external legal counsels, providing necessary assistance and monitoring their performance.
🎓 Required Qualifications & Experience
- Qualification: LLB from an HEC-recognized institution. Candidates holding an LLM degree will be preferred.
- Age Limit: Maximum 45 years.
- Experience: Minimum 03 years of relevant post-qualification experience.
- Competencies: Excellent written and oral communication, presentation, and strong analytical skills.
✅ Key HBFC Application Information
- Application Submission: ONLINE application only.
- Deadline: November 23, 2025.
- Website: www.hbfc.com.pk/careers
