National Bank of Pakistan Seeks Unit Head for Collections & Recovery in Karachi
The National Bank of Pakistan (NBP), known as “The Nation’s Bank,” is seeking a talented, dedicated, and experienced professional to join its Risk Management team. As one of the largest and leading banks in the country, NBP is on a strategic mission to transform into a future-fit, agile, and sustainable institution.
In line with this vision, NBP has announced a career opportunity for a key position based in Karachi. This role is ideal for an individual with a strong background in credit collections and recovery who is looking to make a significant impact within a prestigious financial institution.
Position Overview
Position / Job Title: Unit Head – Collections & Recovery (Consumer Products)
Grade: AVP (Assistant Vice President)
Reporting to: Wing Head – Collections & Recovery
Location: Karachi
Eligibility Criteria
Candidates must fulfill the following basic eligibility criteria to be considered for this role:
Educational / Professional Qualification:
A minimum of a Graduation degree or equivalent from a local or international university/college recognized by the HEC.
Candidates holding a Master’s degree and/or any other relevant certifications will be given preference.
Experience:
A minimum of 06 years of banking experience is required.
Out of the total experience, a minimum of 03 years must be in Credit collections and/or Retail and/or Consumer and/or SME and/or Agri Financing.
Preference will be given to candidates who have experience working in large-scale or public sector organizations.
Required Skills and Expertise
The ideal candidate will possess a diverse skill set essential for managing a collections and recovery unit:
Leadership & People Management: Proven ability to lead and manage a team effectively.
Communication Skills: Strong interpersonal and communication skills are crucial.
Technical Knowledge: In-depth knowledge of collections systems, recovery strategies, capacity planning, incentive plans, and policies.
Analytical Skills: Strong problem-solving, decision-making, and portfolio analysis capabilities.
Regulatory Knowledge: Sound understanding of Consumer & SME SBP Prudential Regulations.
IT Proficiency: Well-conversant with MS Office for data handling and reporting.
Outline of Main Duties & Responsibilities
The Unit Head will be responsible for the strategic and operational management of the collections and recovery for consumer products. Key responsibilities include:
Developing and implementing long and short-term strategies for collections and recovery aligned with business goals.
Ensuring that all collection practices adhere to internal policies, local laws, and regulatory guidelines.
Driving the collections and recovery of retail loans within specified timelines.
Analyzing portfolio trends, vintage performance, and delinquency movements to assess the effectiveness of collection strategies.
Preparing periodic MIS/reports on collections and recovery progress.
Setting and managing collections and recovery targets for the team.
Coordinating with external agencies to ensure targets are met.
Handling internal and external audits and ensuring timely closure of any findings.
Training, motivating, and supervising collection staff to improve performance.
How to Apply
Application Method: Interested candidates must apply online.
Application Portal: Visit the Sidat Hyder careers website to submit your application:
www.sidathyder.com.pk/careersApplication Deadline: Applications must be submitted online within 10 working days from the date of the publication of this advertisement as per the given instructions.
Important Information
Selection Process: Only shortlisted candidates who strictly meet the eligibility criteria will be invited for panel interviews.
Employment Type: The position is on a contractual basis for three years, which may be renewed based on the discretion of the management.
Remuneration: Selected candidates will be offered a competitive compensation package and other benefits as per the Bank’s policy.
Application Deadline: Applications received after the due date will not be considered.
TA/DA: No TA/DA will be admissible for attending the interview.
Equal Opportunity: National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.
Frequently Asked Questions (FAQs)
Q1: What is the last date to apply?
The deadline is 10 working days from the date the advertisement was published. Please check the original publication date to calculate the exact closing date.
Q2: How can I apply for this position?
You must apply online through the Sidat Hyder careers portal at www.sidathyder.com.pk/careers.
Q3: Is this a permanent position?
No, the employment is on a contractual basis for an initial period of three years. The contract may be renewed.
Q4: I have 6 years of banking experience, but only 2 years in credit collections. Am I eligible?
No, the requirement is for a minimum of 3 years of specific experience in Credit collections and/or related financing fields out of the total 6 years of banking experience.
Q5: Will I be informed if my application is not shortlisted?
The advertisement states that only shortlisted candidates will be contacted for an interview. If you do not hear back, you may assume your application was not selected for the next stage.
