Wing Head - Pension & Investment (VP) jobs at National Bank of Pakistan (NBP) 2023

@ National Bank of Pakistan (NBP)

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Description:

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 socio-economic 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 positions
in the area of Human Resource Management based at Karachi.

• Reporting to Divisional Head —Compensation & Benefits (C&BD)

Outline of Main Duties / Responsibilities
• To supervise and ensure routine sanctioning of all retirement and pensionary benefits of the Bank's regular employees within the agreed and defined TAT
• To compile / revise pension rules / scenarios as per Board of Directors' directives & coordinate with consultants for its finalization
• To supervise and manage end to end process of monthly pension disbursement
• To supervise preparation and provision of periodical reports on pension for State Bank's Inspection, External / Internal Audit
• To supervise Pension & Investments Wing processes to improve turnaround time and ensure all tasks and assignments comply with the regulatory and organizational policies and procedures
• To coordinate with Tax Division for acquiring tax exemption certificate for Pension & Benevolent Fund Trust
• To lead the department and ensure timely completion of assignments. Identify training requirements and ensure adequate training to maintain required knowledge Index
• To supervise addressing grievances of pensioners to ensure uninterrupted payments
• To manage NBP Pension Fund Accounts in collaboration with concerned quarters / stake holders
• To conduct departmental audit and ensure all previous observations highlighted in the audit report are rectified amicably and within the timelines as agreed
• To supervise pension fund investment portfolio and ensure timely implementation of decisions is made by the Fund's Board of Administrators
• To timely update information pertaining to Funds, with different registrars / AMCs / Funds / Bank etc.
• To provide support on implementation of Pension & Investment related initiatives
• To perform any other assignment as assigned by the 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 Bank's Policy / rules.

Qualification:

• Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC
• Candidate having Bachelor's or Master's degree in HR / Public Administration and / or HR related professional certifications such as SHRM, CH RP, etc. would be preferred

Experience:
• Minimum 08 years of working experience in Human Resources and / or Banking and / or Finance with at least 05 years in Compensation & Benefits and / or HR Operations and / or Payroll and / or Pension Funds

Other Skills / Expertise / Knowledge Required
• In-depth knowledge of Pension & Investment and HR Operations processes
• Good communication skills
• Good team player
• Proficient in Microsoft Office (MS Word, Excel, Power Point)
• Working knowledge of SAP-HCM would be preferred

Employment Type:

• This job offered by National Bank of Pakistan (NBP) is a Contractual position. Most of the jobs on contractual positions are renewed depending the need and performance of the employee.
  

Applications begins on:

• The interested candidates/ job seekers can apply for the post of Wing Head - Pension & Investment (VP) at National Bank of Pakistan (NBP) from November 05, 2023

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Last Date to Apply:

• The last date to apply for the post of Wing Head - Pension & Investment (VP) at National Bank of Pakistan (NBP) is November 20, 2023.

How To Apply:

• Interested candidates may visit the website www.sidathyder.com.pk/careers and apply online within 10 working days from the date of publication of this advertisement as per given instructions.
• Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.
• We are an equal opportunity employer
• Women, Minorities and Differently-abled Persons are encouraged to apply

Submit your application:

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• Apply online for Wing Head - Pension & Investment (VP) (National Bank of Pakistan (NBP))

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