Islamabad Vacancies Zarai Taraqiati Bank Limited (ZTBL) is seeking applications for the position of Departmental Head (SAM) – VP with two openings available in Islamabad and Karachi. As a highly regarded specialized financial institution with an extensive network of over 500 branches nationwide ZTBL is looking for energetic and challenge-oriented professionals who have a proven track record in Special Assets Management or Recovery functions within the banking sector. Candidates should have a minimum of 10 years of relevant experience with a preference for those who have worked specifically in agricultural recovery.
The selected candidates will play a crucial role in monitoring and managing the bank’s infected portfolio while analyzing budget versus achievement to identify gaps and implement corrective measures. They will be responsible for setting and accomplishing predefined targets related to non-performing loans (NPLs) and charge-off portfolios as well as developing effective recovery plans to maximize recoveries and minimize losses. Close collaboration with field functionaries will be essential to ensure the timely disposal of acquired properties and effective management of classified loans in Islamabad Vacancies.
Candidates interested in applying must possess strong communication analytical and teamwork skills and should be under the age of 60 as of the application closing date Islamabad Vacancies. The initial contract period is five years with competitive remuneration offered based on market standards. Interested applicants can submit their applications online through the ZTBL website by October 6 2024 and only those shortlisted will be invited for interviews.
Zarai Taraqiati Bank Limited (ZTBL) Vacancies Opportunity
| Detail | Information |
|---|---|
| Date Posted / Updated | 22 September, 2024 |
| Category / Sector | Government |
| Organization | Zarai Taraqiati Bank Limited (ZTBL) |
| Education | Bachelor |
| Job Type | Temporary |
| Expected Last Date | 06 October, 2024 |
Job Vacancies
- Departmental Head (SAM) – VP (Islamabad/Karachi)
About Vacancies
| Job Vacancy Name | Number of Vacancies | Qualification |
|---|---|---|
| Departmental Head (SAM) – VP | 2 | Minimum Bachelor’s Degree; Master’s preferred from HEC recognized university |
Vacancies Detail
Zarai Taraqiati Bank Limited (ZTBL) is offering two positions for the role of Departmental Head (SAM) – VP located in Islamabad and Karachi. The ideal candidates should possess at least 10 years of relevant experience in Special Assets Management or Recovery functions within the banking sector with a preference for those who have specialized in agricultural recovery. The role involves monitoring and managing the bank’s infected portfolio setting targets for non-performing loans (NPLs) and implementing recovery plans to optimize recoveries while minimizing losses in Islamabad Vacancies. This position plays a pivotal role in enhancing the bank’s asset management strategy and driving performance improvements in a challenging environment Islamabad Vacancies.
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Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Experience | Minimum 10 years post-qualification relevant experience in Special Assets Management/Recovery in the banking sector, preferably in agricultural recovery. |
| Qualification | Minimum Bachelor’s Degree; preference for a relevant Master’s Degree from an HEC recognized university or equivalent foreign qualification. |
| Communication Skills | Excellent communication, analytical, interpersonal, adaptability, and teamwork skills are required. |
| Age Limit | Maximum age limit of 60 years as of the closing date to apply. |
| Government Employment Restrictions | Applicants retired or dismissed from government service or related organizations, or those terminated on disciplinary grounds, are not eligible. |
| Previous Employment Restrictions | Applicants relieved under any Golden Hand Shake Scheme/Voluntary Separation Scheme from public sector organizations for a period of five years are not eligible. |
About Zarai Taraqiati Bank Limited (ZTBL)
Zarai Taraqiati Bank Limited (ZTBL) is a prominent financial institution in Pakistan renowned for its specialized focus on agricultural financing. Established to support the agricultural sector ZTBL operates a vast network of over 500 branches across the country providing tailored financial solutions to farmers and agribusinesses in Islamabad Vacancies. The bank is rated ‘AAA’ reflecting its strong financial stability and commitment to serving the agricultural community in Islamabad Vacancies. Through its diverse range of products including loans for crop production equipment financing and other related services, ZTBL plays a vital role in promoting agricultural development and enhancing food security in the nation.
With a mission to foster economic growth and sustainability, ZTBL emphasizes innovation and efficiency in its operations in Islamabad Vacancies. The bank aims to empower rural communities by facilitating access to finance and providing expert guidance on effective agricultural practices Islamabad Vacancies. By focusing on Special Assets Management and Recovery ZTBL is dedicated to minimizing risks and maximizing the recovery of loans thereby ensuring a stable financial environment for its clients in Islamabad Vacancies. This commitment to excellence combined with a robust framework of internal control positions ZTBL as a key player in Pakistan’s financial landscape driving transformation and progress within the agricultural sector.
Contact Details
| Contact Detail | Information |
|---|---|
| Website URL | https://www.ztbl.com.pk/jobs |
| Address | Head Office, Islamabad, Pakistan |
How to Apply for Islamabad Vacancies
- Ensure you meet the eligibility criteria outlined in the job announcement.
- Prepare your updated resume and any relevant supporting documents.
- Visit the ZTBL careers page at https://www.ztbl.com.pk/jobs.
- Submit your application before the deadline of October 6 2024.
- Await further communication; only shortlisted candidates will be called for an interview.
Frequently Asked Questions
What qualifications are required for the Departmental Head (SAM) – VP position at ZTBL?
Candidates applying for the Departmental Head (SAM) – VP position at ZTBL must hold a minimum of a Bachelor’s degree with preference given to those possessing a relevant Master’s degree from an HEC-recognized university or an equivalent foreign qualification. Additionally applicants should have at least 10 years of post-qualification experience in Special Assets Management or Recovery functions within the banking sector. Experience specifically related to agricultural recovery will be considered an advantage. The educational background and extensive experience are crucial as they equip candidates with the necessary skills to handle complex recovery processes and to effectively manage non-performing loans (NPLs).
What are the main responsibilities associated with the Departmental Head (SAM) – VP role?
The Departmental Head (SAM) – VP will be tasked with several critical responsibilities aimed at improving the bank’s asset quality and recovery processes. Key duties include monitoring and managing the infected loan portfolio analyzing budget achievements to identify gaps and implementing corrective measures within allocated regions. The incumbent will set and achieve predefined targets concerning NPLs and charge-off portfolios develop effective recovery plans for each branch or MCO circle and oversee recovery campaigns. Furthermore, they will work closely with field functionaries to ensure the timely disposal of acquired properties and will supervise the working units of SAM offices regarding recovery efforts. This multifaceted role requires a strategic mindset and strong leadership skills to drive the bank’s recovery initiatives effectively.
What is the age limit for applicants and are there any restrictions based on previous employment?
The maximum age limit for applicants is 60 years as of the closing date for applications which is October 6 2024. Additionally, there are specific restrictions regarding previous employment. Candidates who have been retired dismissed or removed from any government service or organizations owned or controlled by the government on disciplinary grounds are ineligible to apply. Those who have availed themselves of a Golden Handshake Scheme or Voluntary Separation Scheme from a public sector organization within the last five years are also not eligible. These restrictions are in place to ensure that the selection process is fair and to maintain the integrity of the hiring process.
How can candidates apply for the position and what is the selection process?
Candidates interested in applying for the Departmental Head (SAM) – VP position should follow a structured application process. They must first ensure that they meet all eligibility criteria. Next they should prepare their updated resume and any necessary supporting documents. Applications must be submitted online through the ZTBL careers page by the deadline of October 6 2024. Applicants must complete the online application form accurately and thoroughly. Once applications are submitted ZTBL will review them and shortlist candidates based on their qualifications and experience. Candidates need to keep a record of their applications as no travel allowances will be provided for interview attendance.