The National Bank of Pakistan (NBP Jobs) is seeking talented and experienced professionals for the position of Unit Head – Guarantees (AVP) in the Wing Head – Trade Finance division, based in Lahore. Candidates must have a minimum of five years of banking experience in Trade Operations with a preference for expertise in Bank Guarantees. A graduate degree recognized by the HEC is required, while a Master’s degree or relevant certifications will be advantageous. The role demands strong communication skills, proficiency in MS Office and knowledge of URDG758, local regulatory policies and Trade-Based Money Laundering (TBML) compliance.
Key responsibilities include managing the issuance, renewal and amendment of guarantees, ensuring timely reconciliation, compliance with service-level agreements and effective reporting. The selected candidate will oversee claims, maturities and compliance with international standards. Employment will be on a contractual basis, renewable annually with shortlisted candidates invited for panel interviews. Applications can be submitted online with no allowances provided for travel or accommodations during the process.
NBP Jobs Opportunity
| Field | Details |
|---|---|
| Date Posted: | November 24, 2024 |
| Category: | Banking and Finance |
| Education: | Minimum Graduation (HEC-recognized); preference for Master’s degree or certifications in relevant disciplines |
| Vacancy Location: | Lahore, Pakistan |
| Job Industry: | Banking/Trade Finance |
| Job Type: | Contractual (renewable annually) |
| Last Date: | December 04, 2024 |
List Of NBP Jobs
- Unit Head – Guarantees (AVP): This role is part of the Wing Head – Trade Finance division, focusing on managing and supervising all activities related to bank guarantees. It involves overseeing issuance, amendments and renewals, ensuring compliance with regulations and handling reporting and reconciliation processes. The position is based in Lahore and seeks experienced professionals with a strong background in Trade Operations and banking.
NBP Jobs Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Educational Qualification | Minimum Graduation or equivalent from an HEC-recognized institution. A Master’s degree or relevant certifications will be preferred. |
| Experience | At least 5 years of banking experience in Trade Operations, preferably with expertise in handling Bank Guarantees. |
| Other Skills/Expertise/Knowledge Required | – Strong communication and interpersonal skills.- Proficiency in MS Office Suite (Outlook, Excel, Word, PowerPoint).- Effective processing skills with focus on volume, speed and accuracy.- Knowledge of URDG758, local regulatory requirements and policies.- Familiarity with sanctions, Trade-Based Money Laundering (TBML) and related compliance. |
| Job Responsibilities | – Manage and supervise all aspects of guarantees, including issuance, amendment, renewal, cancellation and verification.- Review system entries for accuracy and compliance.- Ensure adherence to service-level agreements (SLAs) for transaction processing.- Handle reporting, MIS and reconciliation tasks.- Oversee claims, returns and audit processes.- Maintain compliance with international and local regulations for guarantees.- Perform additional tasks as assigned by the supervisor. |
NBP Jobs Responsibility
- Oversee the issuance, renewal, amendment, cancellation and verification of bank guarantees for local and foreign transactions.
- Ensure all system entries are accurate, compliant and reconciled daily as per branch and request requirements.
- Monitor transactions to ensure they are processed within the defined turnaround time (TAT) and service-level agreements (SLAs).
- Manage reporting, MIS packs, guarantee claims, returns and audit processes efficiently.
- Maintain strong follow-up on claims and ensure compliance with URDG758, local regulations and international guarantee standards.
- Handle additional tasks as assigned by the supervisor, ensuring overall operational excellence in trade finance.
Contact Details for NBP Jobs
| Contact Detail | Information |
|---|---|
| Website URL | https://www.nbp.com.pk/ |
| You Can Also Apply | Click Here |
| Address | 47-C Shahrah-e-Quaid-e-Azam, Mozang Chungi, Lahore, Punjab |
About National Bank of Pakistan
The National Bank of Pakistan (NBP Jobs) stands as one of the country’s leading financial institutions, dedicated to supporting economic growth and development across Pakistan. With an extensive network of branches both locally and internationally, NBP Jobs plays a pivotal role in fostering financial well-being and enabling sustainable growth. The bank’s vision focuses on transforming itself into a modern, agile and customer-centric institution that contributes significantly to the socioeconomic upliftment of the nation. By aligning with international standards and embracing technology-driven solutions, NBP Jobs remains committed to providing innovative banking services that cater to the diverse needs of individuals, businesses and public institutions.
As a government-backed entity, NBP Jobs leverages its position to address the financial needs of underserved areas, ensuring inclusive growth and development. The institution emphasizes ethical practices, compliance and transparency, making it a trusted partner in Pakistan’s financial ecosystem. Its active involvement in trade finance, corporate banking and specialized financial services has cemented its reputation as a cornerstone of the country’s economic framework. Through its dynamic strategies and commitment to excellence, NBP continues to build a future-fit banking model while fostering trust and empowerment among its stakeholders.
How To Apply NBP Jobs?
- Visit the National Bank of Pakistan’s career portal at https://www.nbp.com.pk/.
- Search for the specific job listing, “Unit Head – Guarantees (AVP)” under the Operations section in Lahore.
- Carefully review the job details and ensure you meet the eligibility criteria, including educational qualifications, experience and required skills.
- Prepare your updated resume with all relevant information, highlighting your qualifications and experience that align with the job requirements.
- Complete the online application form provided on the website, attaching your resume and any necessary documents.
- Submit the application before the deadline, which is December 04, 2024 from the date of the advertisement (November 24, 2024).
- Await communication from the bank, as only shortlisted candidates will be contacted for a panel interview.
- Ensure your contact details are accurate and reachable, as no TA/DA will be provided for interviews or related processes.
Required Documents for NBP Jobs
| Required Document | Details |
|---|---|
| Updated Resume/CV | A comprehensive and updated resume highlighting relevant qualifications and experience. |
| Educational Certificates | Copies of degrees and transcripts from HEC-recognized institutions. |
| Professional Certifications | Copies of relevant certifications (if applicable). |
| Experience Letters | Proof of at least 5 years of relevant banking experience, particularly in Trade Operations. |
| National ID Card (CNIC) | A valid copy of the applicant’s CNIC for identification purposes. |
| Recent Photograph | A passport-sized photograph to be included with the application. |
| References (if required) | Contact details of professional references (if applicable). |
| Other Supporting Documents | Any additional documents requested during the application process. |
NBP Jobs Benefits
- Remote Working Options: The position is primarily based in Lahore, but there may be occasional opportunities for remote work depending on the specific needs of the role and organizational policies.
- Flexible Hours: While the role follows standard office hours there could be some flexibility in working hours, allowing employees to manage work-life balance based on personal schedules and job requirements.
- Health and Wellness Benefits: Employees may receive comprehensive health insurance, including medical, dental and vision coverage, contributing to their overall well-being.
- Paid Leave: The organization offers a structured leave policy, which may include annual leave, sick leave and public holidays to ensure employees maintain a healthy work-life balance.
- Stock Options or Bonus Schemes: Although specific details were not provided, it is common for organizations to offer performance-based bonuses or other incentives to employees, rewarding their contributions and achievements.
- Professional Development: The company supports the career growth of its employees by providing opportunities for training, certifications and skill development, ensuring long-term career progression within the organization.
FAQs
What qualifications are required for the Unit Head – Guarantees (AVP) position?
To apply for the Unit Head – Guarantees (AVP) position, candidates must have a minimum of a graduate degree from an HEC-recognized institution. A Master’s degree or relevant certifications in banking or trade finance is preferred. Candidates should also have at least 5 years of experience in banking, particularly in Trade Operations with expertise in Bank Guarantees.
Is prior experience in Trade Finance mandatory for this role?
Yes, prior experience in Trade Finance, especially in handling Bank Guarantees, is highly preferred. The position requires candidates to have a strong background in trade operations and knowledge of relevant regulations and compliance standards, such as URDG758 and TBML.
Can I apply if I do not meet all the qualifications but have relevant experience?
While meeting the qualifications is important, candidates with substantial relevant experience and expertise may still be considered. The bank values practical experience and skills, particularly in the area of trade finance and candidates with a proven track record may be shortlisted for the position.
What is the application deadline for this position?
The last date for submitting applications is December 04, 2024 from the date of the advertisement, which was posted on November 24, 2024. Applicants are encouraged to apply as soon as possible to avoid missing the deadline.
Do I need to submit a hard copy of my application?
No, applications must be submitted online through the National Bank of Pakistan’s career portal. Hard copies of the application are not required at this stage of the process.
Is the position full-time or part-time?
The position is full-time but contractual. It is based in Lahore and the contract is renewable annually based on performance and organizational needs.
Will I be reimbursed for travel expenses during the interview process?
No the bank does not provide travel allowances or reimbursements for candidates attending the interview. All candidates are expected to cover their travel expenses.
What are the chances of career growth in this role?
The Unit Head – Guarantees (AVP) role offers significant career growth opportunities within the bank, especially in the areas of trade finance and banking operations. With continuous learning and strong performance, employees can expect career progression within the bank’s various departments.