Unit Head – SAM-Al Baraka

Are you a seasoned professional with a strong background in recovery management and credit remediation? Al Baraka Bank (Pakistan) Limited is seeking a dynamic Unit Head to lead our Special Asset Management (SAM) team in Karachi and Lahore. If you have extensive experience in managing defaulted customer portfolios and negotiating settlements, we invite you to apply and contribute to our mission of achieving recovery targets.

Who We Are

Al Baraka Bank (Pakistan) Limited is a leading Islamic bank committed to excellence in financial services. Join our team and be part of an organization that values innovation and integrity.

Position Overview

Role: Unit Head – SAM
Location: Karachi & Lahore
Qualifications: Bachelor’s degree (preferably Masters) in a relevant field
Experience: 8-10 years in recovery management

Main Responsibilities

• Recovery Targets: Ensure achievement of assigned recovery targets from defaulted customer portfolios and Non-Performing Loans (NPLs).
• Remediation: Undertake timely remediation of allocated portfolios by initiating appropriate recovery actions in accordance with policy guidelines.
• Negotiations: Negotiate settlements, restructurings, and rescheduling with parties, in coordination with Senior Relationship Managers (SRMs) and Relationship Managers (RMs), adhering to bank policies.
• Documentation: Maintain comprehensive and up-to-date customer credit information, correspondences, work-out memoranda, and other relevant documents securely.
• Legal Collaboration: Work closely with legal counsel to initiate and implement legal actions for loan acceleration and enforcement as per work-out plans.

Core Competencies

• Sound knowledge of industry systems, practices, trends, and issues related to recovery management.
• Excellent communication, negotiation, influencing, and presentation skills.
• Ability to forecast and develop time-bound recovery plans.
• Strong relationship management skills.

How to Apply

If you possess the qualifications and skills required for this role, please apply through our official careers portal

Join a Leading Islamic Bank

At Al Baraka Bank (Pakistan) Limited, we offer a stimulating work environment and opportunities for professional growth. Join our team and play a key role in shaping the success of our recovery management initiatives. Please note that only applications submitted through our official portal will be considered.

Note: Al Baraka Bank (Pakistan) Limited is the sole authorized source for posting job positions on its official social media platforms. Please disregard this post if seen elsewhere.

Take the Next Step in Your Career

Apply now and seize the opportunity to lead our SAM team in achieving recovery targets and fostering strong client relationships. Join us in our commitment to excellence and innovation in Islamic banking.