In today’s fast-evolving industrial landscape, the demand for professionals who can balance risk management with financial recovery has never been greater. FF Steel—a renowned name in the manufacturing of Grade 60 steel bars with operations in Lahore and Islamabad—has announced a promising job opening for the role of In-Charge (Risk & Recovery). This role is not only a gateway into Pakistan’s robust manufacturing sector but also a strategic position within the financial safety net of the company.
| Online Applicants | Be among the first 25 applicants |
| Date Posted / Updated | 25 May, 2025 |
| Category / Sector | Private |
| Newspaper Source | Jang Jobs |
| Education Required | Bachelor’s / Master’s Degree |
| Area / Town | Lahore (Other Areas) |
| Vacancy Location | Lahore, Punjab, Pakistan |
| Organization | FF Steel Manufacturing Industry |
| Industry | Management Jobs |
| Job Type | Full-Time |
| Application Deadline | 01 June, 2025 (or as per newspaper advertisement) |
The Role Redefined: Why Risk & Recovery Matters in Modern Manufacturing
While manufacturing typically evokes thoughts of production lines and engineering excellence, the Risk & Recovery function is a critical yet underappreciated cornerstone. In this role, professionals ensure financial stability by proactively managing credit risks, recovering outstanding dues, and safeguarding the company’s revenue flow. This function bridges the gap between sales, finance, legal affairs, and client relationships—making it one of the most influential roles in the corporate structure.
Beyond the Basics: Eligibility Criteria with a Competitive Edge
To stand out for this role, applicants must meet the following essential and advanced requirements:
- Academic Background: A bachelor’s or master’s degree in business administration, finance, law, or a related discipline.
- Experience Window: 2–3 years of hands-on experience in risk assessment and financial recovery roles.
- Preferred Sectoral Experience: Candidates with a background in industrial or construction finance will be prioritized.
- Legal Acumen: Knowledge of legal proceedings related to financial disputes is a strong plus.
- Location Flexibility: Willingness to work in either Lahore or Islamabad as per business need.
Skillset Spotlight: What Makes a Candidate Stand Out?
The job calls for a blend of technical proficiency and interpersonal finesse. Here’s a deeper look:
🔧 Hard Skills
- Credit Analysis & Risk Assessment
- ERP Software Proficiency
- Legal Documentation & Court Procedures
- Financial Reconciliation & Audit Support
💼 Soft Skills
- Negotiation Tact & Conflict Resolution
- Presentation and Public Speaking
- Cross-Functional Collaboration
- Crisis Management
Shifting Steel: Industry Trends Impacting Risk Management Roles
The steel and construction sectors are experiencing rapid digital transformation and tighter regulatory scrutiny. Some key trends affecting this role include:
- Digitization of Credit Management: From ERP systems to AI-driven risk scoring.
- Increased Legal Compliance: Tighter government controls around financial disclosures and credit verification.
- Client Behavior Monitoring: Proactive identification of risky clients through data analytics.
Understanding these trends helps candidates prepare not only for the current role but also for the evolving demands of the industry.
Blueprint for Growth: Career Path in Risk & Recovery
Starting as an In-Charge, one can progress to:
- Manager – Credit Risk
- Head of Finance & Compliance
- Director – Strategic Recovery Operations
- CFO (Chief Financial Officer) in long-term scenarios, especially in industrial sectors.
The path offers vertical growth and lateral movement into legal advisory or corporate strategy teams depending on interest and expertise.
How to Apply: Navigating the FF Steel Application Process
Applying is simple but precision matters. Here’s your roadmap:
- Update Your CV – Tailor it to highlight risk management, credit recovery, and legal coordination experience.
- Email Submission – Send your resume to jobs.sales@ff.com.pk.
- Subject Line – Clearly mention: “Application for In-Charge (Risk & Recovery)”.
- Deadline – Ensure submission before June 1, 2025.
Pro Tip: Attach a brief but impactful cover letter outlining your achievements in credit recovery and how you align with FF Steel’s industrial focus.
Hurdles on the Path: Common Challenges Applicants Face
- Lack of Legal Knowledge: Many applicants underestimate the legal aspect of the role.
- Generic Applications: CVs that fail to demonstrate relevant risk or recovery experience are often overlooked.
- Limited Tech Skills: Proficiency in ERP systems is now non-negotiable.
What’s on the Table: Salary and Perks
FF Steel offers a market-competitive salary, tailored to experience and capability. The compensation package includes:
- EOBI and Group Life Insurance
- Health Insurance Coverage
- Provident Fund
- Paid Leaves
- Career Development Opportunities
While exact figures are confidential, similar roles in the manufacturing industry typically offer PKR 80,000–150,000 per month, depending on expertise.
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Frequently Asked Questions (FAQ)
Q1: Is this a traveling job between cities?
A: Primarily based in either Lahore or Islamabad, but occasional inter-city travel may be required.
Q2: Can fresh graduates apply?
A: No, at least 2–3 years of experience in risk or recovery functions is mandatory.
Q3: What kind of ERP knowledge is expected?
A: Candidates should be familiar with enterprise-level ERP systems such as SAP or Oracle Financials.
Q4: Is there an interview or test phase?
A: Yes, shortlisted candidates typically undergo a skill-based interview and possibly a case study.
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