Wednesday, April 7, 2010

JOB AVAILABLE IN MEEZAN BANK LTD AS TRADE FINANCE MANAGER

Meezan Bank Limited is a publicly listed company, first incorporated on January 27, 1997. It started operations as an investment bank in August of the same year. In January, 2002 in an historic initiative, Meezan Bank was granted the Nations first full-fledged commercial banking license dedicated to Islamic Banking, by the State Bank of Pakistan.Meezan Bank, stands today at a noteworthy point along the evolution of Islamic Banking in Pakistan. The banking sector is showing a significant paradigm shift away from traditional means of business, and is catering to an increasingly astute and demanding financial consumer who is also becoming keenly aware of Islamic Banking. Meezan Bank bears the critical responsibility of leading the way forward in establishing a stable and dynamic Islamic Banking system replete with dynamic and cutting-edge products and services. The Bank has made fundamental and significant progress forward, and in doing so has established a strong and credible management team comprised of experienced professionals, which have achieved a strong balance sheet with excellent operating profitability, including a capital adequacy ratio that places the Bank at the top of the industry, a long-term entity rating of A+, and a short-term entity rating of A1.The Banks main shareholders are leading local and international financial institutions, including 'Pak-Kuwait Investment Company', the only AAA rated financial entity in the country, the 'Islamic Development Bank of Jeddah', and the renown 'Shamil Bank of Bahrain'. The established position, reputation, strength and stability, of these institutions add significant value to the Bank through Board representation and applied synergies.The Bank has an internationally renowned, very high caliber and pro-active Shariah Supervisory Board presided over by Justice (Retd.) Maulana Muhammad Taqi Usmani, a renowned figure in the field of Shariah, particularly Islamic Finance. He holds the position of Deputy Chairman at the Islamic Fiqh Academy, Jeddah and in his long and illustrious career has also served as a Judge in the Shariat Appellate Bench, Supreme Court of Pakistan. The Bank also has a resident Shariah advisor, Dr. Imran Usmani, who strictly monitors the regular transactions of the Bank. The board also includes Sheikh Essam M. Ishaq (Bahrain), and Dr. Abdul Sattar Abu Ghuddah (Saudi Arabia).At Meezan Bank, we strive to find commonalties with the conventional banking system with absolutely no compromise on Shariah rulings. The bank has developed an extraordinary research and development capability by combining investment bankers, commercial bankers, Shariah scholars and legal experts to develop innovative, viable, and competitive value propositions that not only meet the requirements of today's complex financial world, but do so with the world-class service excellence which our customers demand, all within the bounds of Shariah.Meezan Bank has built a strong Information Technology and customer knowledge-based focus that continues to use state of the art technology and systems. The Bank's Corporate and Investment Banking business unit is geared towards nurturing and developing a long-term relationship with clients by understanding their unique financing requirements and by providing Shariah compliant financing solutions through corporate banking and structured finance.
Industry: Banking/Financial Services
Category: Financial Services
Total Position: 4
Job Type: Permanent ( firstshift )
Job Location: Karachi, Faisalabad, Pakistan
Gender: Doesn't Matter
Minimum Education: Bachelor's Degree
Career Level: Manager
Required Experience: 7 Years - 8 Years
Apply By: Apr 30, 2010

Job Description:
Responsible for: the Trade Finance Operations, system implementations compliance checks in the geographical area assigned to them, implementation of HO guidelines, periodic reporting
maintaining close liaisons with central bank, respective Regional Head and Head Office

Skills Required:
Should be well aware of

1. SBP rules and regulations,
2. foreign exchange manual
3. Prudential Regulations, Should conduct on job training as required, maintain controls and support branch trade finance operations.
Eligibility
o The individual must be dynamic and vigorous towards trade finance operations.
o Minimum educational qualification required Graduate.
o7-8 years of experience with any reputable commercial bank out of which 2-3 years in similar position

How to apply:
Attractive remuneration package will be offered commensurate with qualification, skills and experience. Interested applicants may visit online Web :
http://jobs.meezanbank.com/ for online application form. Paper-Based applications will not be entertained.
All candidates are requested to apply online.No personal/ telephonic contact is necessary. Only short-listed candidates will be contacted

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