Karakuram Cooperative Bank Limited has announced a senior-level Advisor / Transformation Lead job in Gilgit for an experienced banking professional who can lead institutional transformation and support the bank’s transition toward becoming a Scheduled Bank regulated by the State Bank of Pakistan.
The KCBL Advisor Transformation Lead Job 2026 is a highly strategic appointment created under the mandate of the Board of Directors. The selected professional will work directly with the Board and will be responsible for regulatory readiness, organizational restructuring, governance, risk management, technology modernization and other major transformation initiatives.
The position is based at the bank’s Head Office in Jutial, Gilgit, Gilgit-Baltistan and will initially be offered on a one-year contractual basis, extendable subject to Board-approved terms and conditions. The last date for submission of applications is 25 September 2026. The vacancy was advertised on 9 September 2026.
Position Details
Job Title: Advisor / Transformation Lead
Organization: Karakuram Cooperative Bank Limited
Industry: Banking and Financial Services
Job Location: Gilgit, Gilgit-Baltistan
Office: Head Office, Jutial, Gilgit
Employment: Full-Time, Contractual
Contract Period: One year, extendable
Experience Required: 20+ years of senior-level banking experience
Last Date to Apply: 25 September 2026
Compensation: Competitive remuneration based on qualifications, experience and prevailing market standards
Purpose of the Advisor / Transformation Lead Position
The position has been created to lead the institutional transformation of Karakuram Cooperative Bank Limited and prepare the organization for its proposed transition into a Scheduled Bank regulated by the State Bank of Pakistan.
This makes the role substantially broader than a conventional banking management position. The selected professional will be expected to work across regulatory compliance, governance, risk, operations, information technology, human resources and financial sustainability while maintaining direct coordination with the Board of Directors.
Key Responsibilities
The selected Advisor / Transformation Lead will work under the direction and oversight of the Board of Directors and will be responsible for the bank’s broader transformation programme.
Major responsibilities include:
- Lead the bank’s State Bank of Pakistan licensing and scheduling process, including regulatory readiness, inspections and remediation of regulatory observations.
- Act as the principal interface with the State Bank of Pakistan and other relevant regulatory authorities on transformation and regulatory matters.
- Strengthen corporate governance, Board committees, internal controls and regulatory reporting in accordance with applicable State Bank requirements.
- Lead operational restructuring and process re-engineering across the Head Office and branch network.
- Establish and strengthen independent Risk Management, Compliance, Internal Audit, AML/CFT and Enterprise Risk Management frameworks.
- Drive information technology and digital transformation across the bank.
- Oversee modernization of the core banking system and related technology infrastructure.
- Strengthen information and cybersecurity arrangements.
- Improve disaster recovery, business continuity and management information systems.
- Lead organizational and human resource transformation.
- Conduct or oversee manpower assessment and organizational restructuring.
- Support change management, organizational culture development, performance management and leadership development.
- Improve asset quality and strengthen recovery mechanisms.
- Support capital planning, financial sustainability and profitability.
- Develop and implement a comprehensive transformation roadmap.
- Ensure timely execution of transformation objectives approved by the Board.
Eligibility and Experience Requirements
This is a senior executive-level assignment intended for candidates with extensive banking, central banking or regulatory experience.
Applicants should have 20 or more years of senior-level central banking experience with a strong record of leadership and institutional transformation.
Suitable professional backgrounds may include experience as:
- Commercial Bank Chief Executive Officer
- Deputy Chief Executive Officer
- Senior Compliance or Risk Head
- Group Head Compliance
- Group Head Risk
- Transformation Advisor
- Senior official of a banking regulatory institution
- Equivalent senior banking or regulatory leadership position
Candidates who have previously advised or led successful institutional transformation programmes will be particularly relevant to the requirements of the position.
Regulatory and Banking Experience
Candidates should have proven experience dealing with State Bank regulatory matters, particularly in areas involving:
- Commercial bank licensing and scheduling
- Regulatory readiness
- State Bank inspections
- Regulatory remediation
- State Bank and SECP compliance matters
- Banking transformation
- Institutional restructuring
- Organizational turnaround
The successful candidate should also possess a strong understanding of banking operations, including State Bank Prudential Regulations, advances and credit, corporate governance, compliance, risk management, audits, taxation and regulatory reporting.
Governance and Risk Management Knowledge
The role requires strong familiarity with governance and independent control functions.
Applicants should be capable of strengthening or overseeing areas such as:
- Corporate governance
- Board governance structures
- Internal controls
- Risk Management
- Regulatory Compliance
- Internal Audit
- AML/CFT
- Enterprise Risk Management
- Regulatory reporting
The candidate should also understand how these functions interact with banking operations and regulatory expectations.
Technology and Digital Transformation
Information technology modernization is another important component of the assignment.
The selected professional will be expected to provide strategic leadership for areas including:
- Core banking system modernization
- Digital transformation
- Information security
- Cybersecurity
- Disaster recovery
- Business continuity
- Management information systems
The role therefore requires someone capable of connecting regulatory, operational and technology transformation rather than treating these areas as separate initiatives.
Human Resource and Organizational Transformation
The Advisor / Transformation Lead will also oversee organizational and human resource reform.
This may include:
- Manpower assessment
- Organizational restructuring
- Change management
- Organizational culture transformation
- Performance management
- Leadership development
The selected candidate should have experience leading complex organizational change and dealing effectively with senior management, employees and institutional stakeholders.
Stakeholder Management
Applicants should be capable of engaging professionally with:
- State Bank of Pakistan
- Securities and Exchange Commission of Pakistan
- Board of Directors
- Federal Government stakeholders
- Gilgit-Baltistan Government and other provincial-level stakeholders
- Senior banking management
- Regulatory and statutory authorities
Strong professional credibility, independence and communication skills will be essential for this role.
Fit and Proper Requirements
Candidates must satisfy the applicable State Bank of Pakistan regulatory Fit & Proper Criteria and any other statutory or regulatory requirements relevant to the appointment.
Applicants should demonstrate high standards of:
- Integrity
- Professionalism
- Independence
- Credibility
- Leadership
- Regulatory awareness
Reporting and Authority
The Advisor / Transformation Lead will report directly to the Board of Directors.
The selected professional may exercise executive powers and authority formally delegated and approved by the Board. However, the appointment does not involve assuming the statutory office of Chief Executive Officer.
This reporting structure reflects the strategic and institution-wide nature of the transformation assignment.
Contract Period
The position will initially be offered on a one-year contractual basis.
The contract may be extended subject to Board-approved terms and conditions and the requirements of the transformation programme.
Salary and Compensation
Karakuram Cooperative Bank Limited has not specified a fixed salary figure in the vacancy announcement.
The bank states that the selected candidate will receive competitive remuneration commensurate with qualifications, professional experience and prevailing market standards.
Job Location
The position is based at:
Karakuram Cooperative Bank Limited Head Office
Near General Bus Stand
Main Shahrah-e-Quaid-e-Azam
Jutial, Gilgit
Gilgit-Baltistan, Pakistan
The official bank website also lists its Head Office address on Shahrah-e-Quaid-e-Azam, Jutial, Gilgit.
The postal code for Jutial is 15150, according to Pakistan Post.
Deadline
The last date to apply for the Advisor / Transformation Lead position is 25 September 2026.
Candidates should ensure that their complete application reaches the Human Resources Department before the closing date.
How to Apply
Interested and eligible candidates should prepare an updated CV or resume along with a covering letter explaining their relevant professional experience and suitability for this senior transformation role.
Applications should be submitted to:
Head HR Department
Karakuram Cooperative Bank Limited Head Office
Near General Bus Stand, Main Shahrah-e-Quaid-e-Azam
Jutial, Gilgit
Email: hr@kcb.com.pk
Alternative Email: Iftikhardar4@gmail.com
Candidates may also review information about the bank through its official website:
Karakuram Cooperative Bank Limited Official Website
Only shortlisted candidates will be contacted for the further selection process. Appointment will remain subject to satisfactory due diligence, verification of credentials and experience, and compliance with applicable State Bank and statutory requirements.
Important Guidance for Applicants
Because this is a Board-level transformation assignment, candidates should ensure that their covering letter clearly demonstrates relevant achievements rather than simply repeating their employment history.
The application should highlight experience in areas such as banking transformation, regulatory licensing, State Bank engagement, institutional restructuring, governance, compliance, risk management, digital banking transformation and organizational turnaround where applicable.
Senior candidates should also make sure their CV clearly identifies leadership responsibilities, the size and scope of institutions they have managed and measurable transformation or regulatory outcomes from previous assignments.
Frequently Asked Questions
What is the position announced by Karakuram Cooperative Bank Limited?
The bank is hiring an Advisor / Transformation Lead to lead its institutional transformation and support preparations for transition into a Scheduled Bank regulated by the State Bank of Pakistan.
Where is the job located?
The position is based at the bank’s Head Office in Jutial, Gilgit, Gilgit-Baltistan.
How much banking experience is required?
Applicants should have at least 20 years of senior-level central banking or closely relevant senior banking experience, together with a strong record of leadership and institutional transformation.
Is the position permanent?
No. The initial appointment is for one year on a contractual basis, with the possibility of extension subject to Board-approved terms and conditions.
What is the last date to apply?
The closing date for submission of applications is 25 September 2026.
How can candidates apply?
