Latest Bank Jobs at State Bank of Pakistan 2024

The State Bank of Pakistan (SBP) has some great job openings through its State Bank Officers Training Scheme. The bank is looking for enthusiastic and talented people to fill the position of Assistant Director (OG-2) for its 27th Batch.This training program offers a good career path in different areas like monetary policy, economic research, financial markets, and managing foreign exchange reserves. Candidates might also work in areas such as Islamic finance, banking policy, financial inclusion, and digital financial services. The job is based in Karachi, and selected candidates will go through training at the National Institute of Banking and Finance (NIBAF) before starting their roles.Latest Bank Jobs at State Bank of Pakistan 2024

To be eligible, candidates need to have a Master’s, Bachelor’s, or equivalent degree with 16 years of education in fields like Business Administration, Economics, Finance, or Computer Science. Applicants should have at least 60% marks or an equivalent GPA. The maximum age limit is 26 years, but there is a three-year relaxation for women, transgender individuals, and people from underrepresented areas like Balochistan and Gilgit-Baltistan.The selection process includes a written test, followed by interviews and psychometric tests. Those who pass will join a training program that includes both classroom and hands-on learning.

During this training, they will receive a monthly stipend. Once the training is completed, they will be offered a permanent job as an Assistant Director with a good salary and benefits.The SBP’s training program promotes equal opportunities and encourages people from minority groups, women, and individuals with disabilities to apply. This helps build a workforce that is inclusive and diverse for the future of the bank.

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Table of Contents

State Bank of Pakistan Jobs Vacancies

Job Details	Details
Requirements	Master’s, Bachelor’s, or equivalent degree with 16 years of education in Business Administration, Economics, Finance, Computer Science, and related fields
Total Positions	Not specified
Age	Maximum 26 years (relaxed by 3 years for specific groups)
Apply Before	September 23, 2024
Gender	Open to all (including women, transgender, and minorities)
Job Location	Karachi
Category / Sector	Government / Central Bank

About Vacancies

The State Bank of Pakistan is offering great job opportunities through its State Bank Officers Training Scheme (SBOTS) for the 27th batch. Applications are open for the position of Assistant Director (OG-2). This role is perfect for young and talented individuals who want to build a strong career in fields such as monetary policy, economic research, financial markets, banking policy, Islamic finance, digital financial services, and more. The job offers excellent growth for those interested in central banking and finance.

Selected candidates will be based in Karachi and will complete training at the National Institute of Banking and Finance (NIBAF) before starting their roles. The age limit is 26 years, with a three-year relaxation for women, transgender people, and applicants from underrepresented areas. This program supports diversity, encouraging applications from all backgrounds to create an inclusive workforce.

Vacancies Name

Assistant Director (OG-2)
Monetary Policy
Macroeconomic Research and Data
Financial Markets and Foreign Exchange Reserve Management
Banking Policy and Supervision
Islamic Finance
Financial Inclusion
Digital Financial Services
Information Technology
Finance & Risk Management
Internal Audit
External Communications
Strategic Planning
Human Resources

Criteria For Bank Job

Criteria	Details	Notes
Education	Master’s, Bachelor’s, or equivalent degree with 16 years of education in relevant fields	Must be from HEC-recognized institutions; foreign degrees need an equivalence certificate
Minimum Marks/GPA	Minimum 60% marks or a GPA of at least 2.5/4.0 or 3.5/5.0	Applies to both local and international degrees
Age Limit	Maximum age of 26 as of September 8, 2024	3-year relaxation for women, transgender persons, minorities, and underrepresented areas

Bank Job Details

Organizations:

State Bank of Pakistan, National Institute of Banking and Finance (NIBAF)

Salary Range:

From 40,000 to 80,000 PKR per month

Required Skills:

Strong research and analytical abilities
Understanding of monetary policies and macroeconomics
Knowledge of banking systems and financial markets
Proficiency in data analysis and interpreting information
Skills in managing foreign exchange reserves
Familiarity with principles of Islamic finance
Awareness of digital financial services and promoting financial inclusion
IT and risk management expertise
Strong communication and relationship management
Strategic planning and human resource management

Experience Requirement:

4 years

Contact Information

Contact Information	Details
Website URL	www.sbp.org.pk
Email	Recruitment@sbp.org.pk
Address	State Bank of Pakistan, I.I. Chundrigar Road, Karachi, Pakistan
Phone Number	+92-21-111-727-111

How to Apply for Bank Jobs

Go to the Careers section on the website or directly visit: https://career.sbp.org.pk/login.
Complete the application form by entering your personal and educational details accurately. Double-check all the information to ensure there are no mistakes.
Upload the necessary documents, including your recent photo, CNIC, and educational certificates. Ensure that all documents are clear and meet the specified file size and format requirements.
Review your application thoroughly before submission to avoid any errors. Confirm that all sections of the form are completed and no required fields are left blank.
Submit your application well before the deadline, which is September 23, 2024, to avoid last-minute technical issues or delays. Submitting early also gives you time to resolve any potential issues that may arise.
After submission, keep an eye on your email for any further instructions or updates regarding your application status. You may also want to regularly check the website for any announcements or updates related to your application.
Prepare for potential follow-up steps, such as interviews or assessments, by reviewing relevant study materials and understanding the job requirements thoroughly.
Ensure your contact information is up-to-date so that you do not miss any communication from the recruitment team.

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FAQs

What is the State Bank Officers Training Scheme (SBOTS)?

The SBOTS is a recruitment and training program by the State Bank of Pakistan for young, skilled, and motivated individuals to become Assistant Directors (OG-2). The program offers in-depth training at the National Institute of Banking and Finance (NIBAF) to prepare them for important roles like working in Monetary Policy, Banking Supervision, and Digital Financial Services.

Who Can Apply for SBOTS?

Candidates should have at least 16 years of education with a Master’s, Bachelor’s, or an equivwalent degree in fields like Business Administration, Economics, Finance, Computer Science, or similar areas. Applicants need a minimum GPA of 2.5 out of 4.0 or at least 60% marks. The age limit is 26 years as of September 8, 2024, with a three-year age relaxation for women, minorities, transgender individuals, and candidates from certain regions.

What is the SBOTS Selection Process?

The selection includes a written test conducted by a designated testing agency. Candidates who pass will go through group discussions, psychometric tests, and interviews. The final decision is based on overall performance, and selected individuals will receive training before starting their roles as Assistant Directors.

What Do SBOTS Trainees and Employees Receive?

Once trainees complete their training successfully, they are hired as Assistant Directors (OG-2) with a starting monthly salary of PKR 82,000 and additional benefits and allowances as per the bank’s policies.