Senior Relationship Manager, Special Assets Management  
MCB Bank Limited   More jobs from this company

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Job Title:   Senior Relationship Manager, Special Assets Management
Category:   Accounts
Total Positions:   1
Job Location:   Karachi,Lahore,Islamabad
Gender:   No Preference
Minimum Education:   Masters
Degree Title:   MBA/M.Com or any other relevant equivalent postgraduate degree
Career Level:   Experienced Professional
Minimum Experience:   3 Years5 Years
Salary Range:   PKR 0 to 0 per Month
Apply By:   Feb 21, 2022
     
     
 
Job Description:

1.       Job Purpose


This role is responsible for management/recovery of non-performing loans (NPLs) of Consumer, Retail, and Corporate & Commercial Segment while adhering to the regulations of State Bank of Pakistan and other regulatory authorities.


2.       Principal Accountabilities


1.       Follow-up with the clients for recovery/ settlement of bank’s NPLs.


2.       Negotiations with clients for rescheduling/restructuring of overdue liabilities by offering revival packages.


3.       Preparation of settlement proposals for subsequent approvals.


4.       Initiate legal process to recover NPLs and coordinate with the lawyers for preparations of plaints of suits/petitions/replies etc. Furthermore scrutinizing/ verifying suits/ PLAs/ replications etc. prepared by lawyers, prior to filing the same in the court.


5.       To continue follow up with legal counsel to expedite the litigation process.


6.       To effectively manage the irregular/ classified portfolio and report major irregularities to the management, if any.


7.       To identify potential problems in NPLs with recommendations/ action plans, ensuring to take appropriate actions to minimize losses.


8.       To explore different avenues and create opportunities to recover bank’s dues through tracing of hidden assets, attachments & demarcation of mortgaged assets, creation of bank’s lien etc.


3.       Knowledge & Experience Required


1.       An incumbent Banking & Finance professional with 3-5 years relevant experience in Consumer/SME & Commercial Finance.


2.       Experience of handling credit appraisals, legal documentation and monitoring of loans & advances individually and as a team.


3.       Strong interpersonal skills written & verbal.


4.       Ambitious, responsible, analytical, result-oriented, hardworking and adaptable.


4.       Qualifications


MBA/M.Com or any other relevant equivalent postgraduate degree


Company Information
 
Company Name:  MCB Bank Limited
Company Description:
MCB Bank Limited, with more than 60 years of experience as one of the leading banks in Pakistan, was incorporated on July 9 in 1947. The bank has journeyed remarkable tenure of more than half a century of competitively edged and well positioned heights of success by deploying quality banking, heads on technological developments, professionally leading management and prudent and ethical work methodologies. MCB was nationalized along with other private banks in 1974 as part of Government of Pakistan's economic reform movement and was later privatized to Nishat Group lead consortium in 1991.

Since privatization, MCB's growth has been phenomenal. Today, MCB in one of the largest foreign banks in Sri Lanka, the first bank in Pakistan to launch Global Depository Receipts (GDR) in 2006, has strategic foreign partnership with Maybank of Malaysia which holds 20% shares in MCB through its wholly owned subsidiary Mayban International Trust (Labuan) Berhad since 2008, has international indirect regional presence in Dubai (UAE), Bahrain, Azerbaijan, Hong Kong and Sri Lanka and serving through a domestic network of over 1,130 branches and 600 ATMs across Pakistan with a customer base of 4.5 million (apprx.)

MCB is reputed as one of the most sound financial institution and as one of the leading banks in Pakistan with a deposit base of PKR. 462 bln (apprx.) and total assets of PKR 605 bln (apprx.). The bank is versed as one of the oldest and most responsible banks in Pakistan and has played pivotal role in representing the country on global platforms while being one of the few institutions that are recognised and traded in the international market.

The bank has also been acknowledged though prestigious recognition and awards by Euromoney, MMT, Asia Money, SAFA (SAARC), The Asset and The Asian Banker.

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