Career Opportunities For Credit Officer

Career Opportunities For Credit Officer

The Career Opportunities For Credit Officer. “The Nation’s Bank,” the National Bank of Pakistan, seeks to enhance the financial well-being of the nation while promoting sustainable growth and inclusive development through its extensive local and international branch network. As one of Pakistan’s largest banks, the National Bank of Pakistan plays a vital role in the country’s socioeconomic growth, aiming to transform itself into a future-fit, agile, and sustainable institution. Career Opportunities For Credit Officer.

To support our strategy, the Bank is looking for talented, dedicated, and experienced professionals for the following position in Risk Management based in Karachi.

Vacant Position

Group Head / Chief Credit Officer – Retail and Program Lending (EVP)

Reporting To

Group Chief – RMG / Chief Risk Officer

Basic Eligibility Criteria

• Educational/Professional Qualification:
  Minimum Graduation or equivalent from a recognized local or international university/college/institute. Candidates with a Master’s Degree and/or relevant professional qualifications/certifications will receive preference.
• Experience:
  At least 15 years of banking experience, including a minimum of 3 years in a leadership role (preferably in retail credit). Candidates with significant personal credit approval authority in major banks preferred.
• Other Skills/Expertise/Knowledge Required:
  • Strong credit risk assessment skills, including problem recognition and solution structuring for complex credit issues.
  • Experience in managing non-performing loans (NPL) recovery and collection.
  • Ability to navigate ambiguity in credit/business issues and develop effective solutions.
  • Decisiveness in time-sensitive situations, demonstrating good judgment and calmness under stress.
  • Strong analytical abilities to develop and implement risk strategies, alongside effective team management skills.

Main Duties Responsibilities

• Design, develop, monitor, and update risk appetite, acceptance criteria, and credit policy for consumer and program lending products, ensuring alignment with regulatory guidelines.
• Conduct quantitative risk assessments to evaluate portfolio behavior and maintain a balanced risk-reward ratio.
• Formulate and implement lending policies for all retail banking products, focusing on effective risk management while supporting business growth.
• Oversee credit underwriting for the retail asset portfolio, ensuring quality and compliance with documentation and loan disbursement processes.
• Exercise lending authority and recommend approvals for deviations from product and credit parameters.
• Design and implement credit underwriting processes for new product launches, ensuring alignment with SBP guidelines.
• Regularly analyze data to identify trends, emerging risks, and potential credit issues within the portfolio.
• Review management information system (MIS) reports to track portfolio performance, adjust product programs, and refine approval criteria as necessary.
• Report portfolio behavior and risk assessments periodically to the Chief Risk Officer and Management Committees.

Responsibilities

• Lead and mentor teams in Credit Policy, Credit Analytics, Credit Initiation, and Collections and Recovery, fostering a culture of risk awareness.
• Develop and manage end-to-end processes for lending, focusing on quality and efficiency.
• Continuously review processes for retail lending products to enhance performance and improve credit decision quality.
• Collaborate with business and IT to automate credit processes and improve processing speed.
• Develop strategies for managing collections and recoveries, optimizing processes for targeted results.
• Ensure appropriate collaterals are in place for secured lending through regular team reviews.
• Maintain effective communication between policy, risk, and business teams to align risk management practices.
• Guide retail lending product lines on compliance, fraud control, and collection/recovery functions throughout the credit cycle.
• Analyze rejection and cancellation reasons to identify and eliminate process inefficiencies.
• Facilitate revenue growth by supporting new product launches and market segment expansions while managing risks within the bank’s appetite.
• Oversee internal and external audit management, ensuring timely rectification of issues and compliance with standards.
• Stay informed about market changes (political and economic) to adjust policies that affect portfolio health.

Officially Advertisement

Only shortlisted candidates who meet the eligibility criteria will receive invitations for panel interviews. The position offers a three-year contractual employment, subject to management discretion for renewal. Selected candidates will enjoy a competitive compensation package and benefits according to Bank policies.

Interested candidates may apply online within 10 working days from the advertisement’s publication at www.sidathyder.com.pk/careers. Late applications will not receive consideration. No TA/DA provided for interviews.

The National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.

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PID(K) 1010/2024