Senior Manager – Internal Audit

Internal Audit · Karachi HO · Senior Level

Job Responsibilities

• Lead and manage the Internal Audit function of HBL Asset Management, developing and executing the annual risk-based audit plan approved by the Audit Committee of the Board.
• Direct audit engagements across all business units including fund operations, compliance, finance, sales, and IT — ensuring audit methodology aligns with IIA standards and SECP regulatory requirements.
• Evaluate the effectiveness of internal controls, risk management frameworks, and governance processes across the asset management company’s operations.
• Present audit findings, management letter observations, and remediation recommendations to the Audit Committee, CEO, and senior leadership on a quarterly basis.
• Monitor the implementation and closure of audit recommendations by process owners and report unresolved issues to the Audit Committee with escalation timelines.
• Manage, mentor, and develop the internal audit team, setting performance goals, conducting quality reviews of audit work, and building technical audit competency.
• Coordinate with external auditors, SECP inspection teams, and the parent company’s group audit function on audit scope, findings, and regulatory compliance matters.
• Assess emerging risks in the asset management industry including market, operational, compliance, and cybersecurity risks and incorporate them into the audit universe.

Requirements & Qualifications

• Education: CA / ACCA / MBA Finance or equivalent professional qualification from a recognized institution.
• Experience: Significant experience in internal audit within the financial services, asset management, or banking sector as specified on the HBL Asset careers portal.
• Key Skills: Risk-based auditing, IIA standards, SECP regulatory framework, mutual fund operations, team leadership, Audit Committee reporting, financial controls.
• Preferred Certifications: CIA / CISA / CFE or equivalent audit certifications are a strong advantage.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Assistant Manager – Internal Audit

Internal Audit · Karachi HO · Mid Level

Job Responsibilities

• Assist the Senior Manager – Internal Audit in planning, scoping, and executing audit engagements across HBL Asset Management’s operational, financial, and compliance functions.
• Conduct risk assessments of assigned audit areas to identify key control risks, control gaps, and process weaknesses that require audit attention.
• Execute fieldwork for assigned audit assignments including walkthrough testing, sample-based transaction testing, and control effectiveness evaluation.
• Document audit working papers, test results, exceptions noted, and evidence gathered during each audit engagement in compliance with IIA standards.
• Draft audit findings, management responses, and remediation recommendations for inclusion in the formal audit report to be issued to process owners and management.
• Perform follow-up procedures on prior audit observations to assess whether management has implemented agreed remediation actions within committed timelines.
• Support the preparation of the quarterly Audit Committee report by compiling updated status of open observations, newly identified risks, and completed audit assignments.
• Stay current with SECP regulations, NBFC rules, and asset management industry developments to assess their impact on the internal control environment.

Requirements & Qualifications

• Education: CA / ACCA / MBA Finance or equivalent from a recognized institution; partially qualified CA/ACCA candidates may also be considered.
• Experience: Post-qualification experience in internal audit within financial services or related sector as per HBL Asset careers portal TOR.
• Key Skills: Audit fieldwork, risk assessment, working paper documentation, SECP compliance, internal controls, report writing, financial analysis.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Head of Research

Research · Karachi HO · Senior Leadership

Job Responsibilities

• Lead HBL Asset Management’s research function, overseeing equity, fixed income, and macroeconomic research to support investment decision-making across the firm’s mutual fund and discretionary portfolios.
• Develop and maintain the firm’s investment universe, sector coverage framework, and research calendar, ensuring timely and comprehensive coverage of Pakistan’s listed equity and fixed income markets.
• Produce the firm’s flagship research publications including economic outlook reports, quarterly market reviews, sector reports, and model portfolio updates for fund managers and investors.
• Present investment ideas, sector themes, and macroeconomic views to the Investment Committee, portfolio managers, and senior leadership in structured research forums.
• Build and maintain financial valuation models for covered companies using DCF, comparable company analysis, and earnings-based methodologies to derive fair value estimates.
• Manage and develop the research team by assigning sector coverage, reviewing analyst reports, conducting quality control, and mentoring junior analysts.
• Establish and maintain relationships with investor relations teams, corporate management, regulatory bodies, and brokerage research desks to stay current on market developments.
• Contribute research insights to marketing materials, investor presentations, and fund manager commentaries that are distributed to HBL Asset Management’s retail and institutional clients.

Requirements & Qualifications

• Education: MBA Finance / CFA / M.Com / MS Economics or equivalent advanced qualification from a reputable institution.
• Experience: Senior-level experience in equity or fixed income research within asset management, brokerage, or investment banking as per HBL Asset careers portal.
• Key Skills: Financial modelling, DCF valuation, macroeconomic analysis, PSX equity research, fixed income analysis, team leadership, Investment Committee presentations.
• Preferred: CFA charter holder or CFA Level III candidate is a strong advantage.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Research Analyst

Research · Karachi HO · Professional Level

Job Responsibilities

• Cover assigned sectors and listed companies on the Pakistan Stock Exchange (PSX), conducting in-depth fundamental analysis and maintaining updated financial models.
• Build and maintain three-statement financial models (income statement, balance sheet, cash flow) and valuation models (DCF, P/E, EV/EBITDA) for covered companies.
• Analyze quarterly and annual financial results of covered companies, assessing earnings surprises, guidance revisions, and their investment implications.
• Attend analyst briefings, company management meetings, and industry conferences to gather primary research intelligence for covered sectors and companies.
• Prepare research notes, initiating coverage reports, earnings updates, and sector thematic reports for internal use by fund managers and for client distribution.
• Monitor macroeconomic indicators, monetary policy developments, SBP decisions, and Pakistan fiscal data to assess their impact on equity valuations and fund positioning.
• Support the Head of Research in preparing the quarterly market outlook, Investment Committee presentations, and client-facing fund manager commentaries.
• Screen the PSX universe for new investment ideas using quantitative screeners and present trade ideas with supporting analysis and risk/reward assessment.

Requirements & Qualifications

• Education: MBA Finance / BBA Finance / CFA (Level I or above) / M.Com or equivalent from an HEC-recognized institution.
• Experience: Post-qualification experience in equity research, financial analysis, or investment management as specified on HBL Asset careers portal.
• Key Skills: Financial modelling (Excel), DCF & comparable analysis, PSX equity coverage, Bloomberg/Reuters, sector research, financial statement analysis, report writing.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

BI Analyst (Business Intelligence)

Customer Experience · Karachi HO · Analytics

Job Responsibilities

• Design, develop, and maintain BI dashboards and automated reports providing real-time visibility into investor acquisition, fund sales, AUM trends, and customer experience KPIs.
• Extract, transform, and analyze large datasets from HBL Asset Management’s CRM, investor register, fund accounting, and digital platform systems to generate actionable business insights.
• Build and maintain data pipelines and ETL processes to aggregate data from multiple sources into a centralized analytics repository for management reporting.
• Identify trends, patterns, and anomalies in investor behavior, redemption rates, fund performance attribution, and channel-wise sales data and present findings to senior management.
• Develop customer segmentation models, churn prediction analytics, and investor lifecycle reports to support targeted marketing and retention strategies.
• Collaborate with sales, product, and operations teams to understand analytical requirements and translate them into structured data queries and visual dashboards.
• Ensure data accuracy, consistency, and governance across all BI outputs by maintaining data dictionaries, quality rules, and reconciliation procedures.
• Prepare ad hoc analytical reports and scenario analysis for business decisions including product launches, fee revisions, and channel expansion strategies.

Requirements & Qualifications

• Education: Bachelor’s or Master’s degree in Computer Science, Statistics, Data Science, Business Analytics, or MBA from an HEC-recognized institution.
• Experience: Post-qualification experience in business intelligence, data analytics, or a related role as per HBL Asset careers portal.
• Key Skills: Power BI / Tableau / Qlik, SQL, Python or R, ETL processes, data visualization, CRM analytics, financial data interpretation, dashboard development.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Senior Officer – Operations

Operations · Karachi HO · Professional Level

Job Responsibilities

• Manage day-to-day fund operations including NAV processing, transaction settlement, unit issuance and redemption, and dividend distribution in compliance with SECP and MUFAP regulations.
• Process investor subscription and redemption requests accurately and within stipulated timelines, coordinating with the transfer agent, trustee bank, and registrar as required.
• Reconcile daily fund accounts, bank balances, and portfolio positions with the custodian/trustee, resolving discrepancies before cut-off time.
• Ensure compliance with SECP mutual fund regulations, constitutive documents (offering documents, trust deeds), and investment policy statements for all operational activities.
• Coordinate with the finance team on fee accruals, expense reimbursements, and management fee calculations to ensure accurate and timely fund NAV computation.
• Prepare and submit daily, weekly, and monthly operational returns and reports to regulatory bodies, trustees, and senior management within prescribed deadlines.
• Support new fund launches, investor onboarding, KYC processing, and distribution channel setup by coordinating operational requirements across departments.
• Identify and escalate operational risks, STP failures, and process gaps, working with the operations manager to implement preventive controls and process improvements.

Requirements & Qualifications

• Education: MBA Finance / BBA Finance / B.Com or equivalent from an HEC-recognized institution; ACCA/CA (Finalist) is a strong advantage.
• Experience: Post-qualification experience in mutual fund operations, fund administration, or financial services operations as per HBL Asset careers portal.
• Key Skills: NAV computation, fund accounting, SECP regulations, MUFAP guidelines, settlement processes, reconciliation, MS Excel, fund administration systems.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Digital Sales Executive

Product Development · Karachi HO · Digital Channel

Job Responsibilities

• Drive investor acquisition through HBL Asset Management’s digital platforms including the mobile app, web portal, and fintech partnerships by converting digital leads into active investment accounts.
• Develop and execute targeted digital marketing campaigns on social media, search, and email channels to generate qualified investor leads for mutual fund products.
• Engage with digital-channel investors through online consultation, educational content, and product demonstrations to guide investment decisions in HBL mutual fund products.
• Monitor digital sales funnels, conversion rates, and customer drop-off points and recommend UX or marketing improvements to enhance online investor onboarding rates.
• Coordinate with the IT team and platform vendors on digital onboarding improvements, KYC automation, and investment workflow optimization for the retail investor journey.
• Collaborate with the marketing team on content creation for digital investor education including articles, social posts, infographics, and webinars on mutual fund investing.
• Track and report digital channel AUM growth, new account activations, and SIP enrollment metrics on a weekly basis to the Head of Product Development.
• Research fintech trends, digital investment platforms, and competitor digital offerings to identify product and feature opportunities for HBL Asset Management’s digital channel.

Requirements & Qualifications

• Education: BBA / MBA Marketing or Finance, or equivalent from an HEC-recognized institution.
• Experience: Post-qualification experience in digital sales, digital marketing, or fintech customer acquisition as per HBL Asset careers portal.
• Key Skills: Digital marketing (social media, SEM, email), investor acquisition, CRM tools, financial product knowledge, data analytics, UX understanding, content creation.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Manager / Senior Manager – Corporate Sales

Corporate Sales · 7 Cities Nationwide · Multiple Levels

Job Responsibilities

• Identify, acquire, and manage relationships with corporate clients, high-net-worth individuals (HNWIs), provident funds, endowments, and institutional investors for HBL Asset Management’s fund and discretionary portfolio products.
• Develop and execute a city-level corporate sales strategy to grow HBL Asset Management’s AUM through new client acquisition and wallet-share expansion with existing institutional investors.
• Present HBL Asset Management’s investment products, fund performance, and market outlook to corporate treasurers, CFOs, HR departments, and institutional decision-makers.
• Negotiate and finalize investment mandates, discretionary portfolio agreements, and group pension schemes with corporate clients and institutional investors.
• Monitor client portfolio performance, provide regular investment updates, and coordinate with the research and fund management teams to address client queries.
• Achieve monthly and quarterly AUM targets and new client acquisition goals as set by the Head of Corporate Sales for the assigned territory.
• Maintain a robust sales pipeline using the company’s CRM system, tracking prospect status, proposal stages, and client meeting outcomes on a regular basis.
• Build HBL Asset Management’s brand presence in the assigned city through participation in industry events, seminars, and corporate networking activities.

Requirements & Qualifications

• Education: MBA Finance / BBA Finance / CFA or equivalent from an HEC-recognized institution.
• Experience: Relevant experience in institutional or corporate sales within asset management, mutual funds, banking, or financial services as per HBL Asset careers portal TOR.
• Key Skills: Corporate client relationship management, institutional sales, AUM growth, investment product knowledge, negotiation, CRM, financial presentations, territory management.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/

Professional Category & Entry-Level (Sales / Support Function)

Corporate Sales · Karachi · Two Level Openings

Job Responsibilities (Both Levels)

• Support the corporate sales team in managing investor relationships, preparing client proposals, and following up on sales pipeline opportunities for HBL mutual fund products.
• Assist in the investor onboarding process including KYC documentation, account setup coordination, and first investment facilitation for new institutional and retail clients.
• Prepare and maintain sales dashboards, client meeting logs, and activity reports to support the corporate sales manager’s pipeline visibility and performance tracking.
• Respond to investor queries on fund performance, redemption processes, and product features through phone, email, and in-person interactions in a timely and professional manner.
• Support the preparation of fund presentations, pitch books, and marketing materials customized for corporate and institutional client meetings.
• Coordinate with the operations team on transaction processing, statement dispatch, and post-investment service requests for clients managed by the corporate sales unit.
• Learn and develop expertise in HBL Asset Management’s fund product suite, investment philosophy, and market positioning to effectively communicate value propositions to clients.
• Participate in sales training, compliance certification programs, and investor education events organized by HBL Asset Management to develop professional competency.

Requirements

• Professional Category: BBA / MBA Finance or equivalent with relevant experience in financial services sales or support; strong client relationship skills required.
• Entry-Level: BBA / BS Finance or equivalent; fresh graduates or candidates with up to 2 years of experience are welcome. Enthusiasm for finance, sales, and investor services is key.
• Key Skills (Both): Client communication, financial product awareness, MS Office, CRM basic usage, presentation skills, teamwork, learning agility.
• Gender: Male / Female
• Apply: hblasset.com/careers/job-openings/