|Date Posted||December 21, 2020|
Banking / Financial Services Jobs in Pakistan
|Education Requirement||Masters or ACCA / CA Finalist|
|Career Level||Mid Level|
|Base Salary||Competitive Salary|
Assist head of Remedial and Structured Credits in monitoring/coordinating the NPL portfolio and related issues of International Locations and also provide support and input on
deployment/enforcement of the legal and ‘asset chasing’ process, so as to keep an effective tab on such initiatives and their timely closures.Description Monitoring
Ø To monitor and follow up on NPL accounts of International locations (along with recoveries and litigations) in order to keep track on the strategies implemented are being followed.
Ø Oversee default history and provide input on recovery strategies for regularizing or settlement of these relationships.
Ø Review settlement proposals
Ø Coordinate requirement for any legal option to be put in place. Portfolio/Record Management
Ø Obtain submissions of NPLs from the countries depicting status updates – including recoveries under collateralized and clean NPLs, new NPLs booked, account-wise strategy (major causes) and track actuals versus budgeted numbers for self-monitoring and for onward submission to various Senior Management forums (Board, Business Review etc).
Asset Chasing/Litigation Process
Ø Assist Head RA & SC in working with countries to see where legal support has to be sought and follow up with dates and expected outcomes, and where external help has to be obtained from HBL’s approved asset chasing companies in finding out links of the asset/owner in other countries. Training
Ø To provide on job training/support to new staff/MTs for smooth induction process (if applicable)
- Business Degree – preferably BBA/MBA
- Minimum 12 years of relevant banking experience