Position Overview
The Punjab Provincial Cooperative Bank Ltd. (PPCBL) has an opening for a VP/Dy. Head, SAM (Special Asset Management) in its Business Development Division, located in Lahore. The incumbent will be responsible for the overall management of the bank's non-performing loans portfolio and recovery strategies.Key Responsibilities
- To perform duties being overall in-charge of non-performing loans (NPLs) portfolio.
- To manage the non-performing loans (NPLs) as per Production Regulations of SBP and related reporting standard (IFRS-9).
- To ensure compliance of all Production Regulations of SBPs and instructions circulars & direction of SBP.
- To supervise and manage the all regularly reporting to SBP and manage the internal management reporting.
- Analyze & review NPLs the portfolio inflow and recovery. Construct analysis for management review & reporting.
- Liaison, correspondence & follow up with field offices i.e. Zonal Office & Branches for effective NPLs recovery and downgrade the NPLs portfolio. Coordinate with field functionality Cooperative Department for effective & massive recovery of non-performing loans.
- Conduct meeting section with field areas and visit the field areas when required for progressive recovery.
- To contact, communicate & support the Branches for NPLs recovery & related matters and resolve the issues regarding recovery.
- The implementation of Charge-off process for classified loans with liaison/coordination of concern divisions/stockholders. Liaison with IT team and core banking team for proper appliance of required feature in system through vender.
Qualifications and Experience
- Qualification: MBA, MA Economics, M.Com, MCS, MIT, etc. (Relevant Master's degree).
- Experience: Minimum 08 years post qualification experience, with at least 03 years in a similar position in a bank or financial institution.
- Department: Business Development Division.
- Age Limit: 35-50 years.
Application Process
For details on how to apply for this position, please check the subsequent page of this job advertisement or visit the official PPCBL website: www.ppcbl.com.pk. Follow the instructions carefully to ensure your application is considered.Submit Application
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