Zarai Taraqiati Bank Limited (ZTBL) is seeking to hire two departmental heads (Vice Presidents) in the Special Assets Management (SAM) department for its branches in Islamabad and Karachi. The positions require candidates with at least ten years of relevant experience in managing special assets and recovery functions especially within the agriculture SME and consumer financing sectors. Candidates with a master’s degree in business finance or a related field from a recognized institution will be preferred and experience in handling asset recovery is considered an advantage.
The primary responsibilities of the role include managing and maintaining a detailed portfolio of non-performing loans (NPLs) monitoring asset recoveries and overseeing collections while minimizing losses. The VP will report directly to the divisional head and will be tasked with preparing reports addressing gaps in budgets and assisting in implementing strategies for NPL recovery. Additionally the role involves coordinating with regional branches to identify and assess problem accounts ensuring timely follow-ups and suggesting improvements to recovery procedures.
Applicants must possess excellent communication leadership and teamwork skills. They should not have been dismissed or terminated from any prior position due to misconduct or fraud. Interested candidates are encouraged to apply online via ZTBL’s official website by October 6 2024. The selected candidates will be offered a market-competitive salary along with an extendable five-year contract based on performance.
Jobs Details
| Field | Details |
|---|---|
| Date Posted | September 2024 |
| Updated Category | Management, Banking |
| Education | Bachelor’s/Master’s Degree in Business, Finance, or relevant field |
| Vacancy | 2 Positions (Departmental Head, SAM – VP) |
| Location | Islamabad/Karachi, Pakistan |
| Organization | Zarai Taraqiati Bank Limited (ZTBL) |
| Job Industry | Banking, Special Assets Management (SAM) |
| Job Type | Full-Time |
| Expected Last Date | 6th October 2024 |
Organization Name
Zarai Taraqiati Bank Limited (ZTBL)
Job Vacancy
- Departmental Head (SAM) – VP (Special Assets Management)
- Vice President (SAM) – Recovery Management
About Vacancy
ZTBL is offering two key positions for Departmental Heads (Vice Presidents) in Special Assets Management (SAM) for its Islamabad and Karachi branches. These roles focus on managing asset recovery operations particularly in agriculture SME and consumer finance. Applicants should have a minimum of 10 years of relevant experience preferably with a strong background in NPL (Non-Performing Loans) management asset recovery and restructuring.
Candidates will be responsible for monitoring and analyzing portfolios reducing losses managing recoveries and ensuring timely follow-ups on problematic accounts. They will also work closely with regional branches to ensure recovery goals are met reporting directly to the divisional head. An ideal candidate should possess leadership communication and analytical skills to handle complex recovery cases effectively.
Preference will be given to those holding a master’s degree in finance business or a related field. The role offers a competitive market salary with a five-year contract extendable based on performance and requires strong ethical and professional integrity.
Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Education | Bachelor’s/Master’s Degree in Business, Finance, or a related field |
| Experience | Minimum 10 years of experience in Special Assets Management, Recovery, or NPL management |
| Preferred Experience | Experience in Agri, SME, and Consumer financing sectors |
| Location | Islamabad or Karachi |
| Skills Required | Strong communication, leadership, and analytical skills |
| Additional Preference | Experience in asset recovery and handling NPLs |
| Ethical Requirements | No history of termination or dismissal due to misconduct or fraud |
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Contact Details
| Contact Details | Information |
|---|---|
| Website URL | www.ztbl.com.pk |
| Apply Online Link | www.ztbl.com.pk/jobs |
| Not specified | |
| Address | ZTBL Head Office, Islamabad, Pakistan |
How to Apply
- Here’s how to apply for the position at Zarai Taraqiati Bank Limited (ZTBL):
- Application Submission: Interested candidates are required to apply online through the ZTBL website at www.ztbl.com.pk/jobs.
- Deadline: Applications must be submitted by 6th October 2024.
- Required Skills: The applicant must possess excellent communication analytical interpersonal and leadership skills and should not have been involved in any financial irregularities or criminal proceedings.
- No TA/DA (Travel Allowance/Daily Allowance) will be paid for the interview.
- The bank reserves the right to cancel any application at any stage without providing a reason.
- Make sure to complete the application process before the deadline and ensure all required skills and qualifications are met.
FAQ
What qualifications are required for the Departmental Head (SAM) – VP position?
The position requires a minimum of a Bachelor’s degree in Business Finance or a related field. However preference will be given to candidates with a Master’s degree and experience in Special Assets Management or Recovery functions particularly within the agriculture SME or consumer finance sectors.
How many years of experience are needed to apply?
Candidates must have at least 10 years of relevant experience in asset recovery NPL (Non-Performing Loans) management or similar fields. Experience in agriculture SME and consumer financing is highly preferred.
What is the deadline to apply for these positions?
The last date to submit applications is October 6 2024. Applications should be submitted online via the ZTBL official website.
Is the job contract extendable?
Yes the job comes with a five-year contract which is extendable based on the candidate’s performance during the tenure.