Manager – Credit Initiation Unit-Al Baraka Bank-Karachi

Are you a seasoned professional with a knack for credit risk management and regulatory compliance? Al Baraka Bank (Pakistan) Limited invites you to seize an exciting opportunity to join our team as a Manager in the Credit Initiation Unit.

Position Overview: As a Manager in the Credit Initiation Unit, you will be at the forefront of ensuring the quality and compliance of credit initiation processes. Reporting to higher management, you will play a pivotal role in assessing credit applications, ensuring adherence to consumer prudential regulations, and safeguarding the bank’s interests.

Qualifications and Experience: To qualify for this role, candidates must have:

• A Bachelor’s or Master’s degree from an HEC-recognized institute.
• A minimum of 5 years of experience in a relevant field, preferably in credit risk management.

Main Responsibilities: As a Manager in the Credit Initiation Unit, your main responsibilities will include:

• Conducting independent credit risk reviews of all credit applications for consumer finance products, including autos, housing, and personal finance.
• Ensuring compliance with consumer product programs and credit policies, stipulating approval covenants/conditions to safeguard the bank’s interests.
• Obtaining approvals from relevant credit approving authorities and managing deviations/exceptions as necessary.
• Updating consumer credit policy and product programs in collaboration with the Head of Consumer Credit.
• Demonstrating knowledge of collection and recovery processes, as well as documentation/security perfection roles in consumer goods.

Core Competencies: Successful candidates should possess the following core competencies:

• Excellent communication and interpersonal skills.
• Ability to work under pressure, meet tight deadlines, and manage priorities effectively.
• Proficiency in MS Word, Excel, and PowerPoint (experience with Power BI will be preferred).

About Al Baraka Bank (Pakistan) Limited: Al Baraka Bank (Pakistan) Limited is a leading Islamic bank committed to providing innovative financial solutions while adhering to Islamic principles. With a focus on excellence and integrity, we offer a dynamic work environment where talented individuals can thrive and grow.

Note: Only job postings authorized by Al Baraka Bank (Pakistan) Limited on their official social media platforms should be considered. Disregard any postings from unauthorized sources.

Apply now and embark on a rewarding career journey with Al Baraka Bank (Pakistan) Limited as a Manager in the Credit Initiation Unit!