Progressive Finance Ltd. Job Vacancy 2022 (www.pfltd.com.np)

Recently Progressive Finance Ltd. published a new job vacancy notification for the posts of Branch Manager, Relationship Manager and Operation in charge, Junior Assistant Trainee, and More. Interested Nepalese Job Seekers must apply before 10th June. 2022.

Progressive Finance Limited is a Public Limited Company registered on 14th Ashwin, 2051 under the Company Act, 2021 BS. We are a C-class licensed financial institution under Nepal Rastra Bank 2062 31’1’ Act. Located at the heart of Kathmandu – Pako, Newroad, we started our operations from 14th Falgun 2052 BS. Our name was changed to Progressive Finance Limited from Merchant Finance Limited in 2067 upon the approval of company’s Annual General Meeting, Nepal Rastra Bank and Company Registrar’s office. Going public on 28th Shrawan 2064, we issued 120,000 shares for initial public offering. Later, with the reissuance of 59,01,000 right shares in the ratio of 1:2.81, we have as of now reached the total paid up capital of Rs. 80,01,00,000 on date 15th Baishakh 2076.

Progressive Finance is one of the reputed and fast-growing national level financial institutions with Class ‘C’ license from Nepal Rastra Bank. It believes in meritocracy, transparency, professionalism, team spirit, and service excellence as its core values. We are currently on a lookout for dynamic, result oriented, pragmatic, self-motivated and passionate candidates to join us in the following positions:

Name of the Organization Progressive Finance Ltd.
Total Vacancy 59
Application Started 27th May 2022
Application Deadline 10th June. 2022
Job Location Various Location in, Nepal

Progressive Finance Ltd. Job Vacancy 2022 (www.pfltd.com.np)

Progressive Finance Ltd. would like to invite qualified candidates for the following position.

  • Name Of Post = Chief Manager/Executive (Manager/Deputy Manager/Assistant Manager/Officer/Supervisor/Sr. Assistant/ Assistant) = Number Of Vacancy = 18
  • Name Of Post = Branch Manager = Number Of Vacancy = 05
  • Name Of Post = Relationship Manager & Operation in charge = Number Of Vacancy = 24
  • Name Of Post = Junior Assistant = Number Of Vacancy = 12

Vacancy Details

Functional Position: Chief Manager/Executive (Manager/Deputy Manager/Assistant Manager/Officer/Supervisor/Sr. Assistant/ Assistant) Branch Manger-5

(Manager Level-1

Officer Level-4)

Relationship Manager & Operation in charge -24 (Officer Level/Supervisor/Sr. Assistant/Assistant)  

Junior Assistant

Trainee- 12

 

 

 

Location: For Corporate Office:

Chief Manager – 1

  • Chief of Business Function

Executive Manager- 1

  • Chief of Control Function- (Audit, Risk, Loan Monitoring & Follow Up, Compliance)

Department Heads (Manager Level-2)

  • Information Technology Department
  • Credit/Loans/Recovery Department)
  • Officer Level- Department Heads- 3
  • Human Resource
  • Legal, Shares & GSD Department
  • Digital & Branchless Banking

Assistant Level – 11

Departments:

  • 1. Forex Unit- Nos-1
  • 2. Central Recovery Loan Follow up & Monitoring – Nos-1
  • 3. Risk Management- Nos-1
  • 4. Marketing- Nos-1
  • 5. Digital Banking & Branchless (DEMAT)- Nos- 1
  • 6. Information Technology- Nos- 1
  • 7. Secretary- Office of the CEO- Nos- 1
  • 8. Legal, Shares & GSD- Nos- 1
  • 9. Credit/Loans/Recovery- Nos- 1
  • 10.Finance, Accounts & Treasury- Nos- 1
  • 11.Central Credit Operation- Nos- 1
  • Birgunj Branch(Parsa) Manger/Officer Level
  • Lalbandi Branch(Sarlahi) Officer Level
  • Yadukuha
  • Branch(Dhanusha) Officer Level
  • Godar Branch(Dhanusha) Officer Level
  • Jaleshwor
  • Branch(Mahottari) Officer Level
Clusters:

  • Janakpur Cluster Officer Level- Nos-2
  • Bagmati Cluster Officer level-Nos-2

Branches:

  • Tinkune(Kathmandu) Assistant Level- Nos-1
  • Pulchowk(Lalitpur) Assistant Level- Nos -2
  • Birgunj Branch(Parsa) Assistant Level Nos -2
  • Lalbandi Branch(Sarlahi) Assistant Level Nos -2
  • Yadukuha
  • Branch(Dhanusha) Assistant Level Nos -2
  • Godar
  • Branch(Dhanushal) Assistant Level Nos -2
  • Jaleshwor Branch(Mahottari)
  • Assistant Level Nos -2
  • Chhireswornath- Nos -1
  • Barahathawa- Nos- 1
  • Bharatpur- Nos -1
  • Panchkhal- Nos- 1
  • Patansundhara- Nos -1
  • Banepa- Nos -1
  • Newroad- Nos -1
Birgunj Branch(Parsa) -3

Lalbandi

Branch(Sarlahi)-2

Yadukuha

Branch(Dhanusha)-2

Godar

Branch(Dhanushal)-2

Jaleshwor

Branch(Mahottari) -2

Patan Sundhara

Branch -1

Qualification Details

For Chief Manager (Chief of Business Function)

  • Minimum Master’s Degree in related subject from a recognized university.
  • Should have at least 10 years’ experience in BFIs as Department Head/Branch Manger.
  • Having Overall Banking knowledge & risk assessment in banking field.
  • Knowledge of audit.
  • Age not below 21 and not exceeding 45 years.

For Executive Manager (Chief of Control Function)

  • Minimum Master’s Degree in related subject from a recognized university.
  • Should have at least 8 years’ experience in BFIs as a Department Head/Branch Manager.
  • Having knowledge about role of the Company Secretory and risk assessment in banking field.
  • Knowledge of audit.
  • Age not below 21 and not exceeding 45 years.

For Manager Level (Credit/Loans/Recovery Department)

  • Minimum Master’s Degree in related subject from a recognized university.
  • Should have at least 7 years’ experience in BFIs as a Central Credit & Recovery Department.
  • Age not below 21 and not exceeding 45 years.

For Manager Level (Information Technology Department Head)

  • Master’s Degree in Information Technology or related subject from a recognized university and having at least
    5 years’ experience in BFIs.
  • Preference will be given to Master’s Degree in Information Technology or related subject from a recognized university and having IT related overall banking knowledge and at least 3 years of experience as an IT Officer in any BFIs.
  • Age not below 21 and not exceeding 45 years.

For Officer Level (Digital & Branchless Banking)

  • Minimum Bachelor’s Degree in related subject from a recognized university.
  • Should have at least 2 years of experience in digital banking related field in Bank/Financial Institution.
  • Age not below 21 and not exceeding 40years.

For Officer Level (Human Resource Department)

  • Minimum Bachelor’s Degree in related subject from a recognized university.
  • Should have at least 2 years of experience related field in Bank/Financial Institution.
  • Age not below 21 and not exceeding 40 years.

For Officer Level (Legal, Shares & GSD)

  • Bachelor’s Degree in Legislative Law or related subject from a recognized university.
  • Should have at least 2 years of experience related field in Bank/Financial Institution.
  • Age not below 21 and not exceeding 40years.

For Assistant Level (Forex Department)

  • Minimum +2 in related subject.
  • Should have at least 2 years of experience in Forex related field in Bank/Financial Institution/Money Exchange.
  • Age not below 18 and not exceeding 35years.

For Assistant Level (IT Department)

  • Minimum IT related degree.
  • Should have at least 2 years of experience in IT related field in Bank/Financial Institution or fresher.
  • Age not below 18 and not exceeding 35 years.

For Assistant Level (Other Department)

  • Minimum +2 in related subject.
  • Should have at least 2 years of experience in related department in Bank/Financial Institution.
  • Age not below 18 and not exceeding 35 years.

For Manager Level

  • Minimum Master’s Degree in Finance or Account from a recognized university.
  • Should have at least 7 years of experience in Bank/Financial Institution in Officer level.
  • Preference will be given to candidates having overall banking knowledge and at least 2 years of experience as Branch
    Manager or Relationship Manager in any Bank/Financial Institution
  • Age not below 21 and not exceeding 45 years.

For Officer Level

  • Bachelor’s Degree in related field from a recognized university and having at least 5 years’
    experience in BFIs.
  • Preference will be given to having overall banking knowledge and at least 3 years of experience as a Branch Manager or Relationship Manager in any BFIs.
  • Age not below 21 and not exceeding 40 years.

For Officer Level

  • Bachelor’s Degree in related field from a recognized university and having at least 5 years’ experience in BFIs.
  • Preference will be given to having overall banking knowledge and at least 3 years of experience as Branch Manager or Relationship Manager in any BFIs.
  • Age not below 21 and not exceeding 40 years.

For Assistant Level

  • Minimum +2 in related subject.
  • Should have at least 2 years of experience in Credit marketing & Operation related field in Bank/Financial Institution Non- Banking Institution.
  • Age not below 18 and not exceeding 35years.

Junior Assistant Trainee

  • Minimum +2 in related subject with achievement of minimum 50% or equivalent marks.
  • Fresher can apply.
  • Age not below 18 and not exceeding 35years.

Important Dates

  • Start Date Application: 27th May 2022
  • Last Date Application: 10th June. 2022

Vacancy Syllabus

Contents Marks
General knowledge 30
Mathematics 30
Banking 40
Total 100 marks

Note

For any further inquiry please contact Corporate Office:
Address : Tinkune
Phone : 01-5199664, 01-5199665, 01-5199667
Fax : 01-5199668
Email ID : info@pfltd.com.np
GPO Box No: 10390

How To Apply

Documentary evidence related to qualification and experience shall be sought from shortlisted candidates. Progressive Finance reserves the right to reject any application without assigning any reason whatsoever. Canvassing at any stage of the process will lead to automatic disqualification.
Examination: Interview/Written or Both
For female candidates, the age limit is increased by 5 years for all positions.
Deadline to Apply: 10th June. 2022
To Apply: Upload your application with updated resume and testimonials to www.talentconnects.com.np

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Address

Progressive Finance Ltd
Tinkune, Kathmandu GPO Box No.: 10390
Tel: 5199664, 5199665, 5199667
Fax: 977-1-5199668
Email: info@pfltd.com.np
Official Website: www.pfltd.com.np

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