NIB Bank Limited

NIB bank was launched in March 2003. NIB has acquired and merged with PICIC and PICIC Commercial Bank and is now the seventh largest commercial bank in Pakistan. Management of NIB BANK accepted the challenge to transform this bank into a highly professional, most efficient & service oriented institution. The management has been successful in fulfilling the undertaken challenge. It has been successful in making a significant contribution to both corporate and retail banking in Pakistan. NIB is now the second most highly capitalized bank in the country with paid up capital exceeding Rs27.5 billion.

Organizational chartOrganizational chart

Branch manager

Branch Service Delivery manager

BCIMBusiness

Development manger

Collection officer

C&T supervisor Support Analyst RO

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CSOCustomer

Relationship officer

Operations Trainee

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Job Analysis

Positions and their job chosen for this study

1. Operation Manager

Operations department NIB Bank Ltd Sadiqabad Branch, Rawalpindi

2. Cash Counter Supervisor

Operations department NIB Bank Ltd Sadiqabad Branch, Rawalpindi

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Job Analysis

In order to conduct the job analysis the method we have considered appropriate is Interview which we have conducted with the two employees working at NIB Bank Limited Sadiqabad Branch, Rawalpindi, Operation Manger (Mr. Muhammad Ali) Cash Counter Supervisor (Mr. Wajahat Ali Chowdry).

1. Operation Manager

Job Summary

Mr. Ali is working as an operation manager in NIB Bank Limited, Sadiqabad Branch, and Rawalpindi for 3 years having the banking experience of six years in total as regular full time employee of grade 10. His job is basically to manage NIB policies and procedures, to manage State Bank of Pakistan’s policies and procedures, managing daily operations keeping the bank’s daily activities going smoothly and he is also connected with the internal audit of a bank.

Basic Information

The basic information that we have gathered through an interview about the operation manager of NIB Bank working at Sadiqabad Branch, Rawalpindi is as below:

Name : Muhammad Ali Department: Operations

Organization Name: NIB Bank Ltd Grade:10

Job title: Operation Manager Salary : 50,000

Work Location: Sadiqabad Branch, Rawalpindi

Job code: N/A

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Job Specification and Description

Job time

Mr. Mohammad Ali is a regular full time employee. His duty timings are 9am to 5pm in papers but actually he works more than 9 hours a day.

Banking experience

His total banking experience is around 6 years but he is serving NIB bank ltd for 3 years.

Academic qualification

He holds a Masters in Business Administration (MBA) degree from Arid Agriculture University with majors in Finance. And has done B.COM from Punjab College of Commerce

Job location and Dealing

According to Mr. Ali he works indoors, he has nothing to do with outdoor activites like selling services door to door or any other type of field work. He works in the back office and work on the data given to him from front office. So apparently he doesn’t have any “out of office” work.

Required Experience

Around 6 to 7 year job experience is needed to do this job satisfactorily, however people who have good managerial skills, analytical and communication skills but don’t have enough experience are also suitable for this job.

Work mode

Usually they work in a team, of 5 or 6 people. Mr. Ali also works in a team of 6 members in which 5 people come under him, and he manages them being the team leader. He supervises them, guides them with his expertise whenever needed. Also advises them with his experienced insight.

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Supervising activities

NIB bank works under the policies and procedures of State Bank Of Pakistan, so it is the duty of operations manager to keep an eye on bank operations whether they are performed according to the rules or not.

Secondly he has to make sure that daily transaction and other banking activities are going up to the mark of standard of the Bank.

Coordinate operation activities with other departments and divisions.

Identify problems and implement solutions.

Supervise, coordinate and control the safe and efficient operation of an assigned work unit.

To whom you report Being the operation manager he has to report directly to the area operation manger in the office.

Overall purpose of the job

To manage NIB policies and procedures To manage State Bank of Pakistan’s policies and procedures Managing daily operations Keeping the Bank’s daily activities going smoothly

Major Duties and Responsibilities

As Mr. Ali is involved in operations he is performing many important duties and the major duties that he performs includes:

Managing daily operations. Coordinate a larger managerial staff, facilitating interdepartmental

communication and allocating tasks and resources as needed. Manage operation team, Keeping the Bank’s daily activities going smoothly is an integral part of an

operations manager's job description. Handle SBP. ICU and internal Audits etc.

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Guidelines, Procedures or manuals required As all the activities in the bank are governed by certain rules and regulations. Similarly Mr. Ali is performing all his duties with the help of

NIB operation manual and SBP Prudential Regulations

As State Bank OF Pakistan has passed certain regulations and all the bankers are required to perform all the activities in accordance with those regulations in order to avoid mistakes.

Skills and knowledge required

The basic skills required in order to perform an operation manger job satisfactorily includes

Strong operation and SBP policies and procedures knowledge Good communication skills like Writing skills, Listening skills, Observation

skills, leadership skills. Good managing skills, etc.

Equipment or machine required

As such no special equipment is required by an operation manger except,

A good IT system And a computer

As in todays banking world none of the activites are possible without IT.

Degree of unpleasantness in the day-to-day activities

Not on regular basis but sometimes there is a degree of unpleasantness in the activites that are being performed. And the reason for this unpleasantness is the problems that he face while performing his day to day activities like,

Individual differences and as a result of these differences conflict arises which really disturb the momentum of activities which are being performed.

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Sometime there are customer related problems which bring disturbance.

Disputes between management and subordinates.

A good operations manager tries to anticipate problems and set policies in place to deal with them when or if they do happen. He should also be skilled in dispute resolution and have the leadership skills to keep other employees focused and working toward mutual goals.

Training programs

NIB bank does arrange training programs. In todays banking world changes are made frequently. So in order to help the employees to acclimatize to those changes training programs are very important.

Service training, ATM and operations training, Cash handling training etc

Performance Standards

Performance standards are set for every person. And the performance evaluation is totally based on whether the employees have performed all his duties in accordance with standards set and Mr. Ali’s performance is also evaluated on these standards.

Wether all the customer queries have been solved efficiently or not. There should not be any case of fraud during the year. Wether all the prudential regulations of SBP are being followed correctly or

not.etc

Compensation packages

As compensation packages are the basic desire of every employee these incentives are considered encouraging and motivating like

yearly bonus fuel Mobile etc.

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2. Cash Counter Supervisor

Job Summary

Mr. Wajahat Ali Chowdry is working as Cash Counter Supervisor in NIB bank since April 2006.And he is responsible for monitoring cash management practices in accordance with the state’s bank prudential regulations and also ensuring the transparency of the entire operation of cash management system. As Bank has two main departments one is Back Office and other is Front End Office this position is of working in Back office. Sufficient knowledge and skills are required to perform this job.

Basic Information

The basic information that we have gathered through an interview about Cash Counter Supervisor of NIB Bank working at Sadiqabad Branch, Rawalpindi is as below:

Name : Wajahat Ali Chowdry Department: Operations

Organization Name: NIB Bank Ltd Grade:12

Job title: Cash counter supervisor Salary: Enough to meet day to day expenses

Work Location: Sadiqabad Branch, Rawalpindi

Job code: N/A

Job Description and Specification

Job time

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Mr Wajahat Ali Chowdry is Cash Counter Supervisor in NIB Bank. He is working as a full time employee (FTE) in NIB bank since April 2006.

Qualifications

Academic

He has done his graduation (Bsc) from Punjab University and Masters in Computer Sciences (MCS) from Hamdard University.

Experience He has a 3 years working experience as a cash counter supervisor.

Knowledge

He has sufficient knowledge about general office procedures including filing and data entry and also about accounting procedures.

Skills

Work devotion, hard work, time management, stress management and product knowledge.

Abilities

He has the ability to prioritize daily work with more urgent weekly/monthly/yearly tasks; to work independently; to interact with others in a courteous and tactful manner; to meet deadlines.

Job location and Dealing

NIB bank has two main departments. One is back office and the other is front end office. A back office is a part of most corporations where tasks dedicated to running the organization itself take place. And front office may refer to Sales and Marketing divisions of an organization. It may also refer to other divisions in a company that involves interactions with customers. Mr Wajahat is working in back office of NIB bank.

Work mode

As every one has to work for their own grave but along that I am running a team of three persons.And he manages them being the team leader. He supervises them, guides them with his expertise whenever needed. Also advises them with his experienced insight.

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To whom you report

To the operation manger.

Supervising activities

As a supervisor his responsibilities are

To minimize the risk factor To manage the time well Capable to lead a team To work under pressure Supervising counter staff Cash management

Overall purpose of the job

Being cash counter supervisor his job is related with,

Management of cash Systems and procedures covering billings and collections Monitor and control the flow of cash receipts and disbursements to meet the

banks business and investment needs Cash advances Cash held at bank. Also manage my time and supervise my subordinates.

Major Duties and Responsibilities

As far as his duties and responsibilities are concerned

Proving myself under stress and guide to my internal and external customers well Top priority is to satisfy and please customer. As customer care is the key to

success. Check on all cash related operations to ensure the transparency of entire system. It is mandatory to follow state’s bank prudential regulations.

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Guidelines, Procedures or manuals required

Assistance is very important for every person because it helps in performing activiites efficiently without any mistakes.

Books Internet Especially seniors help out in performing job duties in efficient manner SBP Prudential Regulations.

Skills and knowledge required  

Lot of communication skills like oral presentations, writing, listening or observation skills are required by my job for developing social networks, for understanding issues and for creative solutions to different type of problems, with out these skills it becomes very difficult to handle things properly.

Mathematical aptitude, Stress management, time management and product knowledge are key to perform is duty well. His job is completely based on all these things.

According to him knowledge related to the performance of that comes from experience and also from training programs. Most importantly he should have proper knowledge of the Bank’s policy and procedures like wise the knowledge of SBP Policies and their strict implementation.

Equipment or machine required

Very good IT system is provided for performing our work duties. It helps in resolving customer queries in lesser time. It has made our work easier. All operations are done in less time and increased efficiency of whole staff as well.

 

Degree of unpleasantness in the day-to-day activities

Yes he does come across these types of things. Repulsiveness is there in work but he tries his best to handle these types of issues with creative solutions, as according to him we are here to handle and provide our customer the maximum care. And the reason of unpleasantness is the problems that he faces in his day to day activiites like,

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Majority of the problems are customer related like when they don’t have sufficient collateral to provide against the loans, some times customers get unable to pay back the loan, and then we have some techniques to deal with such problems.

If any body commits fraud while handling cash, this is another big problem for him being a supervisor because he is answerable to the authorities.etc

Training programs

   NIB bank does arrange training programs. In todays banking world changes are made frequently. So in order to help the employees to acclimatize to those changes training programs are very important.

House session for personality development. House session for improving communication skills. If some latest technology is introduced then training is given to work with new

technology.

Performance Standards

His performance is totally evaluated on the basis of whether he has performed all his duties in accordance with the standards or not. As being a cash supervisor his job is very complicated because he deals the huge cash transactions. He has to take care that no mistake should occur while receiving and disbursing cash. He has to make sure that there should not be any mishandling of cash which can lead to customer problems or fraud.

Compensation packages

Compensation packages are given to all the employees to increase there efficiency like bonuses, incentives in form of cash, promotions etc, but they are given according to our pay grade. Being the cash counter supervisor in this reputed organization he is given lots of incentives like Fuel, mobile, bonus at end of each year and Car Rental reimbursement.

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Conclusion

From this study it is learnt that the,

Jobs of “operation manger” and “cash counter supervisor” are very important in the hierarchy of NIB bank.

They are performing important duties on job which includes handling the banking activities, supervising the teams, making sure that the bank is working under the rules and regulations given by State Bank of Pakistan (SBP) and maintaining its standard and goodwill in the banking industry of Pakistan.

There are specific skills and personality traits that one has to develop in carrying out these jobs effectively. During the study it was observed that employees feel motivated when they are given the incentives and compensation packages. These factors do influence the efficiency and effectiveness of jobs.

Another thing that we noticed is that both the employees are supposed to follow the Prudential Regulations of Pakistan while performing their day to day activities in order to avoid mistakes.

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Appendix

Interview Questions

 Question: 1

Are you regular full time employee or temporary full time employee?

Question: 2

For how long you have been in this job?

Question: 3

What is your background qualification?

Question: 4

What is your job location dealing with indoor or outdoor activities or both?

Question: 5

How many months and/or years of experience needed to acquire the skills necessary to do your job satisfactorily?

Question: 6

Do you work alone or with a team?

Question: 7

Do you supervise others?

Question: 8

If you supervise others what activities are parts of your supervisory duties?

Question: 9

How many people you supervise?

Question: 10

To whom you report?

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Question: 11

Are there any compensation packages or incentives offered to you? If yes please mention.

Question: 12

Are there any communication skills like oral presentations, writing, listening or observation skills are required by your job?

Question: 13

What is the over all purpose of your job?

Question: 14

Are there any performance standards that your are required to follow?

Question: 15

What are your main duties and responsibilities?

Question: 16

What skills and knowledge is required for your job?

Question: 17

Is there some degree of unpleasantness in the day-to-day activities of your job?

Question: 18

Is there any special equipment or machine that is required for performing your work Duties?

Question: 19

What guidelines, procedures or manuals assist you in carrying out your job duties?

Question: 20

Describe some typical problems that you generally solve on your own using your experience and expertise?

Question: 21Are there any training programs arranged to help you out in performing your duties with the ease?

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