Senior Officer Corporate

3 days ago


Karachi, Sindh, Pakistan Allied Bank Limited Full time
Job Overview

We are seeking a highly skilled and experienced Senior Officer Corporate to join our team at Allied Bank Limited.

The successful candidate will be responsible for arranging settlements for large ticket non-performing loan accounts, reviewing securities and collateral titles, and ensuring adherence to bank policies and regulations.

Key Responsibilities
  1. To assist in arranging settlement for large ticket NPL accounts as assigned by the regional head;
  2. To review securities/collaterals titles, valuations and documentation perfection of assigned NPL portfolio;
  3. To visit manufacturing units, business premises, assets under lien/charge wherever required;
  4. To make regular follow-up with borrowers to explore possibility of out-of-court settlement;
  5. To assist in initiation of proposals for settlement/restructuring/rescheduling/write off/waiver in line with SBP criteria/bank policy;
  6. To assist for litigation initiation upon failure of negotiated settlement;
  7. To ensure all legal suits are proactively pursued and properly represented by ABL counsels;
  8. To update & record all litigation progress and recovery follow-up efforts/meetings/advices in files and system;
  9. To ensure adherence with Bank's approved Policies & Procedures, SBP Prudential Regulations and all applicable laws;
Requirements
  • Should be proficient in MS Office.
  • Qualifications: Preferably Masters or at least Bachelor's degree from a reputed university.
  • Experience: Minimum three (03) years of experience in relevant field, preferably in the financial services industry.


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