Job Advertisement 16-Dec-2024 in National Bank of Pakistan NBP Karachi

CAREER OPPORTUNITY

The Nation's Bank, National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile, and sustainable Bank.

In line with our strategy, the Bank is looking for talented, dedicated, and experienced professional(s) for the following position in the area of Risk Management based at Karachi.

The individuals who fulfill the below basic-eligibility criteria may apply for the following position:

1. Position/Job Title: Senior Credit Officer (SVP/EVP)
2. Reporting to: Chief Credit Officer

Educational/ Professional Qualification:

• Minimum graduation or equivalent from a local or international university/college/institute recognized by the HEC
• Candidates having Masters degree and/or any other relevant professional qualification/Certifications will be preferred

Experience:

• Minimum 12 years of experience in banking/financial institution with at least 5 years in a senior role in credit risk management and/or corporate/commercial banking in either business or risk
• Superior credit risk assessment skills and judgment including problem recognition, defining, and structuring solutions to complex credit issues. Experienced in remedial management situations
• Ability to recognize and address major types of risk, including market, operational embedded in credit exposures
• Ability to deal with ambiguity on credit/business issues in reaching a decision, develop solutions/alternatives to difficult credit requests, solicit industry product expertise as required; manage conflict and handle unpopular credit decisions
• Ability to act decisively in time-sensitive situations, exercise good judgment at all times, and calmly manage effective decision making in high stress environments. Ability to clearly and proactively communicate in verbal and written form to both internal and external clients

Other Skills/Expertise /Knowledge Required:

• In-depth grasp and understanding of process and drivers to compute expected/unexpected credit losses which includes debt rating models/scorecards classification/IFRS 9 methodologies, Basel parameters, and their implications for loan loss reserves, regulatory/economic capital, and stress losses. Ability to dimension and frame risk drivers for stress testing
• Well versed with SBP's guidelines for Green Banking and Environmental & Social Risk Management policies
• Comprehensive knowledge of legal documentation associated with credit/market risk, using examples from portfolio/restructuring complex credit transactions
• Enhanced communication skills that reflect the ability to concisely address key issues and provide solutions to senior management and key clients
• Fully conversant in credit policy/risk principles and be seen as respected and credible carrier of risk management

Outline of Main Duties/Responsibilities:

• To be responsible for individually reviewing and approving credit proposals for Corporate/Commercial, MME/SME, and remedial/SAM clients and recommending for approval to the Chief Credit Officer, Chief Risk Officer, Credit Committee, and Board of Directors as appropriate after appropriate structuring and siding in line with Bank's Risk Appetite Framework (RAF)
• To present credit proposals in the credit committee alongside the business as applicable and ensure that all key concerns and issues are addressed rigorously. Ensure compliance of credit proposals with RAF, ratings policy, classification, and SBP guidelines
• To ensure consistent and rigorous implementation of portfolio management, risk appetite, early problem recognition, classification policies, etc. across the assigned client segments
• To assess/review/approve borrower's Environmental and Social performance ratings relating to bank's Green Banking and Environmental & Social Risk Management policy
• To correspond with SBP on regulatory issues pertaining to the credit portfolio of the Bank pertaining to Commercial and SME Clients
• To ensure consistent ongoing improvement in turn-around-time for credit reviews and proposals while ensuring that all portfolio issues and agreed actions are tracked and executed expeditiously
• To coordinate the development and presentation of industry credit reviews for key sectors ensuring appropriate target market focus and risk appetite
• To engage broadly in leadership roles in the development of various tools and policy frameworks
• To demonstrate integrity, independence, leadership, judgment, and ability to balance risk and reward
• To develop and implement structured portfolio management and risk appetite frameworks at an institutional and sector level
• To perform any other assignment as assigned by the supervisors

Employment Type: Interested candidates may visit the website www.sidathyder.com.pk/careers and apply online within 10 working days from the date of publication of this advertisement as per given instructions. Applications received after the due date will not be considered in any case. No TA/DA will be admissible for interview. National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability. PID(K)1634/24