Asset Management Officer

4 days ago


Lahore, Punjab, Pakistan Allied Bank Limited Full time

Welcome to Allied Bank Limited

We are seeking a highly motivated Asset Management Officer to join our team.

The successful candidate will be responsible for managing and recovering NPLs across various portfolios, ensuring maximum recoveries while adhering to regulatory requirements and bank policies.

About the Role:

  • NPL Management: Manage assigned NPL portfolios, ensuring timely review of securities, collateral valuations, and documentation perfection.
  • Recovery Strategies: Develop and implement recovery strategies to achieve targets for cash recovery and regularization.
  • Litigation Support: Collaborate with advocates to initiate litigation against borrowers, guarantors, or mortgagors, and follow up on cases to achieve favorable outcomes.
  • Compliance: Ensure adherence to bank-approved policies, SBP prudential regulations, and applicable laws related to NPL management and recovery.

Requirements:

  • Qualifications: Preferably Master's or at least Bachelor's degree from a reputable university.
  • Experience: Minimum five years of experience in a relevant field, preferably in the financial services industry.
  • Location: Lahore and Karachi


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