Islamic Banking Announced BOP Jobs 2024: Apply Now
About Islamic Banking (Bank of Punjab)
The Bank of Punjab, which has been around for more than 33 years, is among the banks in Pakistan with the quickest rate of growth. It runs nationwide via a network of more than 780 ATMs and 780 real-time online branches.
With a primary focus on providing its clients with unparalleled value-added services via cutting-edge solutions, the bank has built a solid foundation while providing premium financial services.
Job Description:
We are seeking applications from seasoned, committed, and motivated professionals for the following role in our Card Division (plan and Strategic Initiative Group), in accordance with the bank’s progression plan.
The job profile that follows presents a great opportunity for qualified people who want to establish a long-term career in a fast-paced company:
Available Positions:
- Portfolio Head-Cards (Grade: SVP-I/SVP)
Eligibility Criteria:
- Qualification
A minimum of a bachelor’s degree from a foreign university or one approved by the HEC is required.
- Age
As of January 18, 2024, up to 55 years old.
- Experience
A minimum of ten years’ worth. Candidates with five years of comparable banking experience in a similar job will be given preference.
Job Responsibilities:
The portfolio head, reporting to the head cards, will oversee the entire card portfolio, inclusive of credit cards and debit cards. Responsibilities include:
- Managing the complete end-to-end card lifecycle encompassing activation, spending, payments, revolver vs. transactor strategy, authorization, renewals, retention and loyalty, and partnerships.
- Collaborating with the Head Cards to devise and execute marketing and business development strategies, ensuring the bank’s brand sustenance and growth in line with market trends. This involves co-branding and affinity product offerings.
- Close collaboration with scheme partners like Master Card and Visa.
- Sustaining a robust and viable portfolio, ensuring maximum active customers, increased per card spend and ENR (Existing to New Ratio), minimal delinquency, and optimal productivity while rationalizing costs.
- Designing and launching tactical, value-added campaigns to boost portfolio spend and ENR, aiming for enhanced revenue streams and heightened customer satisfaction simultaneously.
- Overseeing the Spend Stimulation Unit for efficient portfolio management, focusing on ENR and value-added service delivery.