Divisional Head - Home Remittances & NRP Banking (SVP / EVP)

The Nations Bank, National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.

In line with our strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the following position in the area of International, Financial Institutions & Remittances based at Karachi.

The individuals who fulfill the below basic-eligibility criteria may apply for the following position:

Position / Job Title:
Divisional Head - Home Remittances & NRP Banking (SVP / EVP)

Reporting to:

Group Chief - International, Financial Institutions & Remittances Group

Educational /Professional Qualification:

• Minimum Graduation or equivalent from a local or International University /
  College / Institute recognized by the HEC of Pakistan
• Candidates having Masters degree and / or relevant professional certification(s)
  will be preferred

Experience:

Minimum 15 years of experience in banking and / or financial institutions with at
least 05 years as Head and / or one level down to Head of Home Remittances and /
or International Business and / or Cross Border Payments and / or Correspondent
Banking or related business functions

Other Skills / Expertise / Knowledge Required:
 

• Sound knowledge of international payment systems, cross border payment
  mechanisms and regulatory requirements
• Strong understanding of regulatory requirements, compliance standards, and
  international banking practices related to remittances business
• Well versed in business strategy formulation, product development, digital
  remittance solutions, budgeting, profitability management and performance
  monitoring
• Ability to lead and mentor a team, effectively communicate with stakeholders, and
  collaborate across departments to achieve business objectives
• Excellent relationship management and financial analytical skills

Outline of Main Duties / Responsibilities:

• To lead and manage Banks home remittance business by developing and
  implementing strategies to enhance remittance volumes, strengthen overseas
  partnership, expand remittance corridors in line with the overall objective of
  International Financial Remittance Group
• To provide strategic guidance, mentorship, and performance coaching to team
  members to enhance productivity, professional development, and achievement of
  business goals
• To engage regularly with overseas counterparts, exchange companies, and strategic
  partners to strengthen relationships and ensure alignment with local and
  international business initiatives
• To ensure all Wings and functional units within the Division operate efficiently,
  effectively, and in accordance with approved business plans and service standards
• To conduct meetings with various individuals and organizations in accordance with
  project requirements
• To execute regular visits to respective remittance regions to understand and
  receive first-hand feedback from the field
• To monitor monthly business performance of the Division to take adequate
  measures that can be implemented as and when needed
• To liaise closely with the Information Technology Group to drive product
  development, system enhancements, and digital transformation initiatives aimed at
  improving customer experience and business efficiency
• To coordinate with the Treasury Department to maintain competitive foreign
  exchange pricing and maximize remittance inflows and profitability. To work closely
  with Operations teams to identify operational challenges, develop effective
  solutions, and enhance service delivery and process efficiency
• To follow up on any critical and time-bound tasks delegated to subordinate teams
  and ensure timely and successful completion of the tasks
• To coordinate with the Compliance Group to ensure adherence to regulatory
  requirements, effective transaction monitoring, and timely resolution of
  compliance-related issues
• To ensure effective dissemination of training programs across teams, regions, and
  branches for new products, systems, policies, and technological developments
• To review business performance against approved targets and formulate annual
  business plans, objectives, and performance targets for the Division
• To prepare and manage the Divisions annual budget by incorporating historical
  performance trends, market dynamics, and strategic growth initiatives
• To monitor Key Performance Indicators daily, for evaluation of overall employee
  performance. Present divisions overall performance to concerned management
  teams and the Board of Director committees
• To perform any other assignment as assigned by supervisor(s)

Assessment Interview(s)

Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteria will be invited for panel interview(s).

Employment Type:

The employment will be on contractual basis for three years which may be renewed on discretion of the Management. Selected candidates will be offered compensation package and other benefits as per Banks Policy / rules.

Apply within 10 working days from the date of this job posting.

Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.

National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.