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Officer SBP Reporting & Govt. Subsidies MCB Bank Limited More jobs from this company	Email this job

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Job Title:		Officer SBP Reporting & Govt. Subsidies
Category:		Operations
Total Positions:		1
Job Location:		Karachi
Gender:		No Preference
Minimum Education:		Bachelors
Career Level:		Experienced Professional
Minimum Experience:		3 Years
Salary Range:		PKR 0 to 0 per Month
Apply By:		Sep 19, 2022

Job Description:

Responsible for timely and accurate processing of ERF, LTFF, DLTL and OTHER GOVT, SUBSIDIES related transactions with adherence to Internal and External regularions.

PRINCIPAL ACCOUNTABILITIES

1. Ensure proper & timely processing of Export Refinance Scheme-related activities. Responsibility includes ERF, LTFF, DLTL, and other Govt Subsidies application processing, Refinancing from SBP, Adjustments, Repayment to SBP in line with Bank’s Policy and SBP regulations

2. Responding queries of Branch/TSDD/RM etc. Liaison with branches / TDD/RM for any issues in processing requests and their rectification, in line with the bank’s policy & SBP regulations

3. Monthly Reconciliation of all processing applications sent to TSC under different Govt Subsidy Schemes. Reconciliation of ledger balances with GL Balances.

4. To ensure proper record maintenance and timely and accurate regulatory and internal reporting. Any Other work Assigned by Line Manager

5. EE/EF Statements verification in line with Bank’s Policy and SBP regulations. Provision of data for Internal/External/SBP Audit, Responding to Audit Queries, Audit Compliance.

6. To implement internal controls for ensuring that any deviation/exceptions

pointed out in various inspections and reviews including Internal/SBP

Audit and compliance reviews etc. are not repeated.

Company Information

Company Name: MCB Bank Limited
Company Description:
MCB Bank Limited, with more than 60 years of experience as one of the leading banks in Pakistan, was incorporated on July 9 in 1947. The bank has journeyed remarkable tenure of more than half a century of competitively edged and well positioned heights of success by deploying quality banking, heads on technological developments, professionally leading management and prudent and ethical work methodologies. MCB was nationalized along with other private banks in 1974 as part of Government of Pakistan's economic reform movement and was later privatized to Nishat Group lead consortium in 1991.

Since privatization, MCB's growth has been phenomenal. Today, MCB in one of the largest foreign banks in Sri Lanka, the first bank in Pakistan to launch Global Depository Receipts (GDR) in 2006, has strategic foreign partnership with Maybank of Malaysia which holds 20% shares in MCB through its wholly owned subsidiary Mayban International Trust (Labuan) Berhad since 2008, has international indirect regional presence in Dubai (UAE), Bahrain, Azerbaijan, Hong Kong and Sri Lanka and serving through a domestic network of over 1,130 branches and 600 ATMs across Pakistan with a customer base of 4.5 million (apprx.)

MCB is reputed as one of the most sound financial institution and as one of the leading banks in Pakistan with a deposit base of PKR. 462 bln (apprx.) and total assets of PKR 605 bln (apprx.). The bank is versed as one of the oldest and most responsible banks in Pakistan and has played pivotal role in representing the country on global platforms while being one of the few institutions that are recognised and traded in the international market.

The bank has also been acknowledged though prestigious recognition and awards by Euromoney, MMT, Asia Money, SAFA (SAARC), The Asset and The Asian Banker.