IBP Strategic Partner in Recruitment and Promotion Processes

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  • 8/7/2019 IBP Strategic Partner in Recruitment and Promotion Processes

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    IBP Strategic Partner in Recruitment and Promotion Processes

    The Institute of Bankers Pakistan (IBP), since its inception in 1951, is serving the financial

    services sector through various innovative knowledge products and services mainly in the

    field of human resource management and development. A recent addition to this portfolio

    is the recruitment and selection of human resource for the financial sector. Based onclients needs, the Institute holds country-wide written tests, group discussions and

    interviews thus facilitating selection of the best executives and officers strictly on meritbasis. Initially this service was offered for State Bank of Pakistan but now the same has

    been extended to major commercial banks and financial institutions. IBPs comprehensivepackage has following key components:

    a) Drafting, designing and processing the job advertisement along with criticalinformation memo for its release to the national press as also to IBP website

    (www.ibp.org.pk)

    b) Receiving, organizing, processing CVs/job applications seeking more informationand responding to queries, short-listing of candidates based on the criteria provided

    by the bank.

    c) Developing database for the eligible candidates for the release of admit cards;

    developing examination paper and sample test with weight age for each session and

    obtaining clients views and approval.

    d) Designating examination centers, appointing centre superintendents, invigilators

    and examiners; printing of admit cards and their dispatch to the candidates.

    e) Releasing list of eligible candidates on the website and then attending to therequests for change of centre, if any, complaints for non-receipt of admit card andother related queries.

    f) Designating head examiner/paper setter(s); consolidating and printing of test papers

    and their dispatch to test centres such as Lahore, Rawalpindi, Peshawar, Quetta,

    Multan, Sukkur and others.

    g) Normally such test paper carries three parts: (i) English writing and comprehension

    (ii) Maths, logical inference, (iii) General knowledge and knowledge about banking.

    h) Weightage of each part varies between 30% to 40% and is assigned in consultationwith the concerned bank. Parts II & III are to be solved on a computer sheet and

    graded through Optical Character Recognition (OCR) process.

    i) Depending on clients needs, computer literacy tests are also conducted and their

    results are compiled and supplied to the banks separately.

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    j) Depending on banks needs these tests are conducted simultaneously at 8 to 10

    centers within the country and 4 to 5 centers outside the country.

    k) Extensive arrangements are made at each center to ensure clean and congenial

    atmosphere, air-conditioned hall (wherever possible), reception/problem solving,

    supervision and control.

    l) Tests are conducted and effectively supervised by the superintendents, deputy

    superintendents, invigilators, support staff and surprise check by the client.

    m) Candidates identity is checked, verified through the admit card, CNIC and

    identification slips prepared by IBP. Extra care is exercised at all centres.

    n) Upon completion of test, the copies are collected, counted, verified with attendance

    record, packed and sent to IBP head office on immediate basis.

    o) Upon receiving these copies, codification and separation of name identity slip fromthe copies is carried out before sending the same to the examiners and others.

    p) Results when received are tabulated, counter checked, consolidated and

    computerized. After the decoding process the merit list is prepared and provided to

    the client.

    q) The banks use their discretion and decide the benchmark for further short-listing of

    the candidates. This information is then released on IBP website.

    r) The second stage in the selection process is Group Discussion. This process is aimed

    at judging the quality of leadership, team work, communication, confidence andknowledge of the candidate.

    s) IBP prepares topics for Group Discussion and keeps them in separate sealed

    envelopes. A group of 8 to 10 participants is invited to attend each session which is

    observed by a team of experts. The group is allowed to choose the envelope and

    thus the process starts.

    t) Depending on the city-wise distribution of short-listed candidates this exercise is

    conducted at Karachi, Lahore, Rawalpindi and Peshawar.

    u) The call letters for group discussion are issued by IBP and sent through courier andall related queries and preparation are handled accordingly.

    v) A three-member panel, two from concerned bank and one from IBP, observes and

    evaluates each group and develops final grading plan.

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    w) Based on the result of Group Discussion further short-listing done by the bank. The

    final selection process is organized at the main cities. The call letters are issued byIBP and sent through courier.

    x) A senior level panel comprising two members from bank and one senior expert from

    IBP conducts the interviews and grades the participants.

    y) The final result is issued to the bank for further processing and issuance of

    appointment letters.

    z) The selected officers then enter into post induction training for up to ten weeks.

    Initially this service was offered for State Bank of Pakistan but now the same has been

    extended to major commercial banks and financial institutions. Those availing these

    services of IBP include:

    Sl.# Organization Sl.# Organization

    1 Allied Bank Limited 2 Bank Islami Pakistan Limited

    3 Crescent Commercial Bank Ltd. 4 First Women Bank Limited

    5 Habib Bank Limited 6 Soneri Bank Limited

    7

    House Building Finance Corp.

    Ltd 8 MCB Bank Limited

    9 Meezan Bank Limited 10 National Bank of Pakistan

    11Pak Oman Microfinance Bank

    Ltd12 Saudi Pak Commercial Bank Ltd

    13Securities & Exchange

    Commission of Pakistan14

    Hong Kong & Shanghai Banking

    Corporation Limited

    15 State Bank of Pakistan 16 Tameer Microfinance Bank Ltd

    17 The Bank of Punjab 18 United Bank Limited

    19 Zarai Taraqiati Bank Limited