Regional Head Recovery at Bank of Khyber Jobs 2025 | Apply Now

Regional Head Recovery at Bank of Khyber, The Bank of Khyber (BoK), one of Pakistan’s leading financial institutions, has announced a career-defining opportunity for the position of Regional Head Recovery (Punjab). This role is part of their esteemed Remedial Asset Management Group, which focuses on optimizing financial recovery and managing non-performing loans (NPLs).

If you have extensive experience in corporate debt recovery and aspire to work in a dynamic environment, this position might be the perfect fit for you. Let’s delve into all the details, including eligibility criteria, responsibilities, and the application process.

About Bank of Khyber

The Bank of Khyber (BoK) has earned a reputation for its innovative banking solutions and customer-centric approach. Established under the Khyber Pakhtunkhwa Government, BoK operates across Pakistan, offering a diverse range of financial services. With its strong focus on professional excellence, the bank is an employer of choice for individuals seeking growth and stability in the financial sector.

Position Overview – Regional Head Recovery (Punjab)

The position of Regional Head Recovery is a key leadership role based in Lahore, Punjab. As part of the Remedial Asset Management Group, the selected candidate will play a crucial role in managing and recovering overdue loans and non-performing portfolios.

This role demands a professional with exceptional expertise in strategizing recovery plans, achieving targets, and maintaining the bank’s financial health.

Eligibility Criteria

To qualify for this prestigious role, candidates must meet the following requirements:

  1. Educational Qualifications:
    • A minimum graduation in a relevant field from a Higher Education Commission (HEC)-recognized university or a reputable foreign university.
    • Preference will be given to candidates holding a Master’s degree.
  2. Professional Experience:
    • At least 12 years of overall banking experience.
    • A minimum of 3 years of senior-level experience in corporate debt recovery or collection.
    • Candidates with a proven track record in managing and recovering large-scale NPL portfolios will be prioritized.
  3. Age Limit:
    • The age limit is governed by the bank’s HR policies, ensuring inclusivity and equal opportunities.

Key Responsibilities

The Regional Head Recovery will be responsible for the following tasks:

  • Achieving Recovery Targets:
    Develop and implement effective recovery strategies to meet assigned targets and contribute to the financial health of the bank.
  • Developing Action Plans:
    Create innovative plans to enhance collections and improve overall recovery performance.
  • Monitoring Performance:
    Evaluate and monitor the recovery of delinquent accounts, ensuring high levels of performance and compliance.
  • Portfolio Management:
    Efficiently manage aged accounts and introduce solutions to minimize risk and enhance profitability.
  • Team Leadership:
    Lead and mentor recovery teams to achieve organizational goals and improve operational efficiency.

Why Choose Bank of Khyber?

Here’s why joining the Bank of Khyber as Regional Head Recovery is a career milestone:

  • Market-Based Salary:
    The bank offers a competitive remuneration package that aligns with market standards.
  • Dynamic Work Environment:
    With its progressive approach and emphasis on professional development, BoK provides an environment conducive to growth.
  • Equal Opportunity Employer:
    The bank encourages applications from individuals with special needs and strongly supports gender diversity by motivating women to apply.
Bank of Khyber Jobs
Bank of Khyber Jobs

Application Process

Interested and eligible candidates can apply by following these steps:

  1. Online Submission:
    Visit the official Bank of Khyber website at www.bok.com.pk/careers and apply through the dedicated online portal.
  2. By Post:
    Alternatively, candidates can send their Curriculum Vitae (CV) along with a covering letter to:
    Head Human Resource Division, BOK HO Tower, 24-The Mall, Peshawar Cantt.
  3. Application Deadline:
    Ensure your application reaches the bank before January 19, 2025.
  4. Important Notes:
    • Only shortlisted candidates will be contacted for interviews.
    • No TA/DA will be provided for attending the interview.
    • Applicants with foreign degrees must submit an HEC equivalency certificate at the time of the interview.

Career Growth and Benefits

The Bank of Khyber offers unmatched career growth opportunities. As Regional Head Recovery, you’ll gain experience in leadership, strategic planning, and financial portfolio management, which will elevate your professional profile. The role is ideal for individuals who thrive in challenging environments and have a passion for driving results.

Conclusion

The Regional Head Recovery (Punjab) position at the Bank of Khyber is a rare opportunity for seasoned professionals in the banking sector. With its focus on innovation, inclusivity, and financial excellence, BoK is the perfect place to advance your career. If you meet the eligibility criteria, don’t miss this chance to contribute to one of Pakistan’s most prestigious financial institutions.

Also Apply For : NBP Jobs 2024

Frequently Asked Questions (FAQs)

What is the main role of the Regional Head Recovery at the Bank of Khyber?

The main role of the Regional Head Recovery is to oversee and manage the recovery of overdue loans and non-performing loan portfolios (NPLs). This includes strategizing recovery plans, achieving recovery targets, and ensuring the financial health of the bank.

What are the educational qualifications required for this position?

Candidates must have at least a graduation degree from an HEC-recognized or reputable foreign university. Preference will be given to candidates with a Master’s degree in a relevant field.

How much professional experience is needed to apply?

A minimum of 12 years of overall banking experience is required, with at least 3 years in a senior-level position in corporate debt recovery or collection.

Where is this job located, and what is the offered salary?

The position is based in Lahore, Punjab, and offers a market-based remuneration package that is competitive with industry standards.

Leave a Comment