STATE BANK OFFICERS TRAINING SCHEME (SBOTS) - 27th Batch

State Bank of Pakistan; Karachi Division; On-site; PKR 457,560 - 915,120; Full time

Job summary

State Bank of Pakistan invites applications for the SBOTS-27th Batch, targeting dynamic candidates for Assistant Director (OG-2) based in Karachi. The program offers a monthly stipend of Rs. 41,000 during training and, on completion, appointment as Assistant Director (OG-2) with Rs. 82,000 monthly plus allowances.

Minimum 16 years of education with 60% marks (or GPA as specified) in relevant fields; apply online before September 23, 2024. Foreign degree requires HEC equivalence certificate.

Qualifications

• Master’s, Bachelor’s or equivalent degree with 16 years of education with 60 percent marks where applicable.
• 2.5 out of 4.0 or 3.5 out of 5.0 GPA acceptable from HEC recognized institutions.
• Foreign degree requires equivalence certificate from HEC.

Education

16 years of education with 60% marks

HEC equivalence certificate for foreign degrees

Job description

• STATE BANK OFFICERS TRAINING SCHEME (SBOTS) - 27th Batch

State Bank of Pakistan (SBP), the Central Bank, is looking for young, talented, and energetic candidates for the positions of Assistant Director (OG-2) under State Bank Officers Training Scheme (SBOTS) - 27th Batch.

STATE BANK OFFICERS TRAINING SCHEME (SBOTS) - 27th Batch

State Bank of Pakistan (SBP), the Central Bank, is looking for young, talented, and energetic candidates for the positions of Assistant Director (OG-2) under State Bank Officers Training Scheme (SBOTS) - 27th Batch. The Bank offers rewarding and challenging careers, especially in the following areas:

• Monetary Policy
• Macroeconomic Research and Data
• Financial Markets and Foreign Exchange Reserve Management
• Banking Policy and Supervision
• Islamic Finance
• Information Technology, Finance & Risk Management, Internal Audit, External Communications, Strategic Planning, and Human Resources

The positions are based in Karachi.

Eligibility Criteria:

Master’s, Bachelor’s or equivalent degree with 16 years of education with at least 60 percent marks where percentages apply or 2.5 out of 4.0 or 3.5 out of 5.0 where GPA system is applicable from HEC recognized Pakistani and Foreign institutions in Business Administration, Public Administration, Economics, Commerce, Finance, Statistics, Data Sciences, Actuarial Sciences, Accounting, Computer Sciences, Information Systems and Technology, Mathematics, Human Resource Management, Agriculture Management (other than BSC or MSC in agriculture), Islamic Banking & Finance, Law, Media & Culture Studies, Philosophy and Physics. In case of foreign degree, equivalence certificate from HEC would be required.

Application and Testing Procedure:

• Interested Pakistani citizens (including Azad Jammu & Kashmir and Gilgit-Baltistan) meeting the above eligibility criteria are required to visit the SBP website(https://www.sbp.org.pk/careers )and follow the procedure for submission of the online application(https://career.sbp.org.pk/login ). The Careers Page may also be accessed by scanning the QR Code given on the right.
• Age will be considered as per CNIC.
• Applications devoid of required information and details such as photograph, date of birth, or any other important information will not be shortlisted.
• Applications not in accordance with the defined requirements or criteria mentioned in the advertisement will not be entertained.
• The last date for submission of applications is September 23, 2024. Applications submitted in person or through e-mail will not be entertained.
• A pre-induction written test will be conducted at designated centers through a Testing Agency, which will inform shortlisted candidates via SMS, send admit cards to their postal addresses, and upload them on its website. No fee is required to be paid for the test.
• Details of candidates qualifying the written test will be uploaded by the Testing Agency on its website.

The candidates shortlisted on the basis of written test and meeting other eligibility criteria will be invited for further selection process including group discussion/psychometric testing and panel interview. Candidates will be required to bring original educational/professional documents, Equivalence Certificate from HEC (in case of foreign qualification), Domicile and CNIC.

Any candidate who misinforms, attempts to influence the recruitment process in any manner, tries to obtain support for his/her candidature by inappropriate means or tampers with evidence of his/her age, educational and other certificates, shall be disqualified from the current and any future recruitment process at the Bank; even if the candidate is otherwise eligible. Candidate who fails to provide the required information or documents or does not meet the specified criteria as per advertisement shall be disqualified from the current drive.

Pre-Induction Training:

After successfully completing all pre-induction formalities as per rules of the Bank including medical and psychological examinations, as well as providing proof of completed education, the selected candidates shall undergo Applied Focused Theoretical Training (residential) at National Institute of Banking and Finance (NIBAF) Pakistan at Islamabad as Trainees. The trainees who successfully complete and qualify the training will be offered appointment as Assistant Director (OG-2) at SBP, located in Karachi.

Compensation Package:

• Until induction in the Bank, trainees shall be paid a monthly stipend of Rs. 41,000.
• Upon successful completion of the training, trainees will be offered appointment as Assistant Director (OG-2) with a monthly monetized salary of Rs. 82,000, along with other allowances and benefits in the salary scale of OG-2 as per Bank rules.

We are an Equal Opportunity Employer. Females, candidates from minorities, transgender persons and persons with disability are encouraged to apply.