National Bank of Pakistan NBP Karachi Jobs Wing Head Collections & Recovery (VP/SVP) Guide
National Bank of Pakistan NBP Karachi Jobs, NBP is hiring a Wing Head – Collections & Recovery (VP/SVP) in Karachi. 10 years’ banking experience with 5 in collections required.
National Bank of Pakistan (NBP), The Nation’s Bank, is seeking a talented, dedicated, and experienced professional for the senior management position of Wing Head – Collections & Recovery (VP/SVP). This key role is based in Karachi and falls under the Risk Management division for Retail & Program Lending. NBP is looking for a leader who can contribute to the bank’s transformation into a future-fit, agile, and sustainable institution.
Industry Overview: The Critical Role of Risk Management in Banking
In the banking sector, effective collections and recovery are not just about managing losses; they are fundamental to maintaining a healthy credit portfolio and ensuring the bank’s long-term profitability and stability. The Wing Head of this department at a bank the size of NBP holds a position of immense responsibility, directly impacting the financial well-being of the institution by minimizing Non-Performing Loans (NPLs) and maximizing recovery from delinquent accounts.
Current Market Demand for Senior Collections & Recovery Leaders
There is a high demand in the Pakistani banking industry for seasoned leaders with a proven track record in collections and recovery. Banks are looking for professionals who can blend strategic planning with on-the-ground operational excellence, manage large teams, and navigate the complex legal and regulatory landscape governed by the State Bank of Pakistan (SBP).
Position Details: Wing Head – Collections & Recovery (VP/SVP)
This is a senior leadership role reporting directly to the Chief Credit Officer.
- Location: Karachi
- Reporting to: Chief Credit Officer – Retail and Program Lending
- Qualification:
- Minimum of a Graduation or equivalent from an HEC-recognized institution.
- Preference will be given to candidates with a Master’s degree or other relevant certifications.
- Experience:
- Minimum 10 years of banking experience.
- Out of which, a minimum of 5 years must be in credit collections in either Retail/Consumer, SME, or Agri Financing.
- Preference will be given to candidates with experience in large-scale/public sector organizations.
- Employment Type: Contractual, initially for three years (renewable at the discretion of management).
Required Skills & Expertise
- Leadership & People Management: Proven ability to lead and manage teams effectively.
- Technical Knowledge: In-depth knowledge of collection systems, capacity planning, incentive plans, and forecasting.
- Regulatory Expertise: Sound knowledge of Consumer, Agriculture & SME SBP Prudential Regulations.
- Legal Acumen: Knowledge of handling legal documents and litigation affairs.
- Analytical Skills: Well-conversant with MS Office, data handling, and portfolio analysis.
- Communication: Strong interpersonal and communication skills.
Outline of Main Duties & Responsibilities
The successful candidate will be responsible for the entire collections and recovery lifecycle, including:
- Minimizing NPLs and credit losses to meet assigned targets.
- Developing and managing MIS for monitoring collection productivity, flow rates, and recoveries.
- Setting targets for and managing both in-house teams and external collection agencies.
- Ensuring compliance with all internal policies and SBP regulations.
- Managing the write-off portfolio to maximize recovery.
- Handling internal and external audits.
- Developing and delivering comprehensive training programs for all collection staff.
How to Apply: The Sidat Hyder Online Application Process
The application process is managed through a third-party recruitment firm, Sidat Hyder Morshed Associates.
- Visit the Careers Portal: Go to the application website: www.sidathyder.com.pk/careers.
- Find the NBP Vacancy: Locate the advertisement for the “Wing Head – Collections & Recovery” at National Bank of Pakistan.
- Apply Online: Fill out the online application form with your detailed information as per the given instructions.
- Deadline: You must apply online within 10 working days from the date of the advertisement’s publication.
Note: Only shortlisted candidates who strictly meet the eligibility criteria will be invited for a panel interview. No TA/DA is admissible.
A Banking Recruitment Expert’s Insight
For a VP/SVP level role like this, your CV needs to tell a story of quantifiable success. Don’t just say you ‘managed collections.’ Say you ‘reduced NPLs in the consumer portfolio by X% over Y years’ or ‘increased recovery from the write-off portfolio by Z amount.’ NBP is looking for a proven leader, and numbers speak louder than words
Expert Tips for a Successful Application
- Highlight Your 5 Years in Collections: This is the key experience requirement. Your CV should have a clear and detailed section on your collections and recovery roles, specifying the portfolios you managed (Retail, SME, Agri).
- Showcase Public Sector Experience: If you have worked in a large-scale or public sector organization, make sure this is prominently mentioned, as it is a preferred criterion.
- Emphasize Leadership: Use your CV to demonstrate your leadership skills. Mention the size of the teams you’ve managed, the training programs you’ve developed, and the strategic initiatives you’ve led.
- Prepare for a Panel Interview: A panel interview for a senior role will be comprehensive. Be prepared to discuss your strategies, past challenges, and your vision for the department in detail.
This is a premier opportunity for a seasoned collections professional to take on a significant leadership role at Pakistan’s national bank. Ensure your application is submitted promptly through the Sidat Hyder portal.
