Careers

The National Development Bank (NDB) is a development finance institution, wholly owned by Kumul Consolidated Holdings (KCH) as trustee for the Government and people of PNG. It operates 20 branches around the country and lends to individual Papua New Guineans and indigenous businesses serving in the agriculture and Micro & Medium Enterprise (MSME) sectors.

National Development Bank invites expression of interest from suitably qualified and experienced individuals for the following position.

CURRENT VACANCY

Reporting to the Managing Director, the Executive Manager Risk and Compliance is responsible for;

  • All areas of Risk and Compliance within the NDB Group.
  • Establish and review Risk and Compliance Policies and Procedures.
  • Ensure the Risks and Compliance framework meets internal and regulatory requirements.

Responsibilities

  • Prepare annual compliance plans for approval by the Board Audit Risk Committee (BARC) and deliver within plan.
  • Provide guidance to executive management on all Risk and Compliance matters.
  • Formulate the NDB Group’s operational and credit risk management framework, policies and strategies.
  • Review the Risk and Compliance procedures and recommend robust processes to manage risk exposures.
  • Provide guidance to the Credit Risk Management Committee on the Bank's loan portfolio to ensure appropriate actions are taken on potential or existing risks and provisioning proposals.
  • Provide guidance on appropriate Credit Risk Management processes.
  • Guide the executive management on risk appetite for the banking industry and the market conditions.
  • Oversight of the Collections and Recoveries Department and ensure compliance within delegated authorities
  • Manage the relationship and support the functions of Legal and Internal Audit Departments in their risk management activities.

Qualifications/Skills/Experience

  • University Degree, preferably in Banking, Finance or Accounting.
  • Advanced knowledge in Commercial Law, Risk Management and Regulatory Compliance.
  • Advanced Credit Risk analysis skills and conversant with Lending Processes.
  • Advanced knowledge on Corporate Banking skills and Risk Management concepts.
  • Advanced technical skills in Financial Analysis.
  • Well developed People Management Skills in a high performance work culture.
  • Minimum 10 years of commercial banking experience with 5 years in senior risks and compliance role preferably with a commercial bank.
APPLICATION CLOSE

Application close on Wednesday, 31 August, 2022. Only Short listed Applicants will be notified.

The Management Accountant will assist and support the Executive Manager Accounting & Finance in ensuring timely and accurate monthly financial reports are provided to the Management, Board and other stakeholders of the financial reports for decision-making purposes. This position will be responsible for developing and maintaining accounting practices and procedures to ensure accurate and timely financial statements. This position addresses tight deadlines and a multitude of accounting activities including general ledger reconciliation and maintenance, preparation of financial reporting, year-end audit preparation and the support of budget and forecast activities

GENERAL QUALIFICATIONS FOR CONSIDERATION

  • Member of CPA PNG
  • Degree in Business, Accounting, Commerce or related field.
  • Experience in management, accounting, or a related field in a financial or banking institution with proven leadership skills.
  • Experience in using an accounting system (Attaché) or similar system.
  • Must have advance excel skills
  • Excellent analytical skills.
  • Very good organizational and planning skills
  • Good negotiation and Industrial relations skills
  • Excellent communication and inter-personal skills with good command of spoken and written English.
  • demonstrate strong technical accounting expertise and guidance with the ability to analyze, consolidate, and interpret financial data within set deadlines
  • Strong leadership skills are preferred including the ability to coach and influence others
  • Sense of urgency to meet set deadlines
  • Dedication and experience in continuous improvement processes
  • Strong organizational, multi-tasking, and time management skills
  • Adaptability and capability to lead change in a dynamic business environment
APPLICATION CLOSE

Application close on Friday, 28 October, 2022. Only Short listed Applicants will be notified.

The Credit Manager assesses credit applications for loans from the Branches, and makes decisions to approve, decline or recommend to the next levels of authority. The role implements the Bank’s Delegated Lending Authority framework and lending policies across the Bank, and contributes to improving processes and procedures within the Bank’s Lending & Credit business unit.

Minimum Qualification

  • A first degree in Finance, Business, or other related field relevant to banking.

Experiences, Skills and Abilities

  • Strong analytical and problem solving skills
  • Strong financial statement analysis skills.
  • Good interpersonal, communication and negotiation skills.
  • Advanced understanding of business law and security documentation.
  • Strong working knowledge of bank lending policies and procedures.
  • Minimum of 5 years’ experience in a similar role with a banking or financial institution.
APPLICATION CLOSE

Application close on Friday, 28 October, 2022. Only Short listed Applicants will be notified.

The Quality Assurance Manager is responsible for formulating he Annual Quality Assurance Plan under the direction of the Head of Risk & Compliance and performance of operational test cases as a first line of defense to evaluate the effectiveness of internal controls. Determine compliance with selected policies, procedures, and regulations. Make written recommendations to Senior Management to increase efficiency and/or effectiveness of the control systems of functions reviewed.

Identify the issues (Frontline & Back office) as part of the loan level testing, develop and recommend action plans through root cause analysis with line of business; track and monitor remediation efforts are completed according to defined due dates and report key details to Head of Risk & Compliance.

Manage and monitor the Quality Management Systems of the Bank. Coordinate with the other Departments to ensure compliance and the documentations of the QMS in the bank.

This position works with all levels of management and employees within the Company.

Minimum Qualification

  • A first degree in Accounting, Business, Finance and ideally CPA accredited.

Experiences, Skills and Abilities

  • Knowledge in risk Management
  • Knowledge in Quality Management Systems.
  • Five (5) or more years of bank or financial audit or assurance experience is preferred.
  • Strong background and experience with audit or assurance methodologies and techniques.
  • Initiative, dependability, ability to work with a minimum or direct supervision and a willingness to work long hours
  • Strong organizational skills and attention to detail.
  • A “self-starter” with a capacity to identify and work on other tasks as needed.
  • Strong understanding of bank operations, including frontline and credit.
  • Excellent communication and inter-personal skills with good command of spoken and written English.
  • Manage multiple tasks at one time and react positively to a changing environment.
APPLICATION CLOSE

Application close on Friday, 23 September, 2022. Only Short listed Applicants will be notified.

Reporting to the Marketing Manager, the Marketing Officer is responsible for developing write ups and art works for specific marketing campaigns, promotional events and preparing annual reports from conception through to completion. Also to manage projects within the department and to assist with the implementation of the marketing strategies. The ideal person must have broad experience doing corporate marketing campaigns and promotions through websites, be able to upload articles, audio files, images, marketing copy, photographs and videos to company websites, weblogs, and social media sites (Facebook, Twitter & YouTube). Be able to monitor site traffic, request and interpret website visitor feedback, newsletter and membership enquiries, moderate blog comments, and respond to newsletter, membership and email requests.

Education Qualification

  • Applicant must have a degree in Marketing, Management, Information Technology or Business Studies from a recognized tertiary institution.

Experiences and Skills

  • Must have at least 2 years experience in a similar role
  • Must possess advance skills in report writing, publication writing, annual report writing, and graphic design skills
  • Experience in managing Brand and stories on social media.
  • Excellent verbal and presentation skills
  • Experience with Content Management System, or Adobe Dreamweaver (an advantage)
  • Must have high level of personal discipline
  • Team player with good work attitude, and able to meet deadlines
  • A devoted person with strong work discipline, and an eye for detail
APPLICATION CLOSE

Application close on Friday, 30 September, 2022. Only Short listed Applicants will be notified.

There are vacancies for Relationship Manager Lending for all NDB Branches (ALOTAU, BANZ, BOROKO, BUKA, GOROKA, KAVIENG, KIMBE, KIUNGA, KOKOPO, KUNDIAWA, MADANG, MAPRIK, MENDI, POPONDETTA, TARI, VANIMO, WABAG, WAIGANI, WEWAK).

These are senior positions within the Bank and the incumbents will report to the Head of Branch Network. The incumbents will be responsible for effective management of the Branch Lending Activities as well and Branch Operations. Incumbents must be well versed in banking with particular emphasis on lending and loans portfolio management and must be knowledgeable on prudential banking standards.

Qualification/Experience/Skills/Competencies

  • Minimum qualifications of first degree in banking; business, finance, economics or a related field.
  • Conversant with the following technical skills relating to; lending appraisal, financial analysis; security documentation; loan asset management or recovery.
  • At least 5 years’ experience in banking management particularly in a lending environment and proven management record.
  • Well versed with the bank’s lending regulations, policies and guidelines.
  • Possess excellent communication, people management, team building, management, financial, computer and public relation skills.
APPLICATION CLOSE

Application close on Friday, 09 December, 2022. Only Short listed Applicants will be notified.

JOB DESCRIPTIONS & SPECIFIC REQUIREMENTS

Detailed Job Descriptions with specific requirements can be provided upon request.

Forward written applications with a detailed resume with latest photo and police clearance including names of three referees to;

  • The Manager Human Resource
    National Development Bank Limited
    PO Box 686, Waigani
    National Capital District
  • hr@devbank.com.pg