Jobs in State Bank of Pakistan 2024 (Apply Online)

jobs in state bank of pakistan

Latest Jobs in State Bank of Pakistan 2024! The State Bank of Pakistan, our country’s bank, always encourages people from all parts of Pakistan to help in the country’s growth. Right now, they are hiring a special group of young, eager, and hard-working people from Sindh (Rural), Baluchistan, Ex-FATA, Gilgit Baltistan, and Azad Jammu & Kashmir (AJK) to strengthen their team. This effort is to make sure they have a wide range of skills in their team and include everyone. This chance gives a fulfilling and interesting job, especially in certain areas:

State Bank of Pakistan Jobs 2024

Open Vacancies: (اسامیاں)

  1. State Bank Officers Training Scheme (SBOTS) – 26th Batch
  2. Director Islamic Finance Policy Department
  3. Director IT Program & Project Management Department

Qualifications: (تعلیمی قابلیت)

Bachelor’s Master’s, or equivalent degree with 16 years of education with at least 60 per cent 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 institutions in Business Administration, Public Administration, Economics, Commerce, Finance, Statistics, Data Sciences, Actuarial Sciences, Accounting, Computer Sciences, Information Systems and Technology, Mathematics, Islamic Banking & Finance, Law, Media & Culture Studies, Philosophy, Human Resource Management, Agriculture Management (other than BSC or MSC in agriculture) and Physics. In the case of a foreign degree, an equivalence certificate from HEC would be required.

Salary: (ماہانہ تنخواہ)

Starts from 41000 to 82000

Locations:

The positions are based in Karachi.

Age Limit:

Maximum 26 years as on the date of newspaper advertisement i.e. February 11, 2024. Age limit shall be relaxed by three years for female candidates, transgender persons, candidates belonging to minorities, and candidates from Baluchistan.

Last Date:

February 26, 2024

How to Apply for State Bank of Pakistan Jobs 2024? (آپلائی کرنے کا طریقہ)

  • Interested Pakistani citizens (including Azad Jammu & Kashmir and Gilgit-Baltistan) meeting the above eligibility criteria are required to visit the SBP website (APPLY HERE State bank of Pakistan Jobs) and follow the procedure for submission of online application. The Careers Page may also be accessed by scanning the QR Code given at the right.
  • Age will be considered as per CNIC.
  • Applications devoid of the required information and details like photograph, date of birth, or any other important information, will not be shortlisted. Applications not in accordance with defined requirements/criteria in the advertisement will not be entertained.
  • The last date for submission of applications is February 26, 2024. Applications submitted in person or through e-mail will not be entertained.
  • Testing Agency will inform shortlisted candidates through SMS, and send admit cards at their postal addresses as well as upload them on its website, to appear in the written test to be held at designated test centres.
  • The Testing Agency will upload the details of qualified candidates on its website. Only shortlisted candidates will be contacted for further selection process.

FAQ’s

Is the State Bank of Pakistan under government?

The State Bank of Pakistan (SBP) operates as the central bank of Pakistan, and while it is a crucial part of the country’s financial and monetary system, it enjoys a significant degree of autonomy. Established through the State Bank of Pakistan Act, of 1956, its primary roles include regulating liquidity and ensuring the financial stability of the country.

Although the SBP works closely with the government, particularly in formulating monetary policy and ensuring economic stability, it is designed to operate independently to prevent undue political influence on its decision-making processes. This independence is crucial for maintaining confidence in the monetary and financial systems of the country.

How to work on State Bank of Pakistan?

Working at the State Bank of Pakistan (SBP) involves being a part of an institution that is pivotal in shaping the monetary policy and financial stability of Pakistan. Individuals interested in a career at SBP usually have to go through a rigorous selection process, which typically includes competitive examinations, interviews, and relevant assessments, depending on the position.

The SBP offers a range of career opportunities, from entry-level positions to more specialized roles in economics, finance, banking, information technology, and administration. Continuous professional development is encouraged, with the bank often providing various training programs to enhance the skills and knowledge of its staff.

What is the qualification for State Bank of Pakistan?

Qualifications for a position at the State Bank of Pakistan (SBP) can vary widely depending on the specific job role and level. Generally, for entry-level positions, a minimum of a bachelor’s degree is required, often in fields such as economics, finance, business administration, or information technology, depending on the nature of the job.

For more advanced positions, higher qualifications such as a Master’s degree or professional certifications relevant to banking, finance, or management may be necessary.

Additionally, the SBP looks for individuals who not only have the right academic credentials but also possess strong analytical skills, integrity, and a commitment to public service.

Which city in Pakistan is State Bank of Pakistan?

The State Bank of Pakistan (SBP) is headquartered in Karachi, the largest city and financial hub of Pakistan. Karachi is strategically important due to its port and serves as a vital economic center for the country, making it an appropriate location for the central bank’s headquarters.

The SBP’s presence in Karachi places it at the heart of Pakistan’s banking and financial sector, facilitating direct interaction with major banks, financial institutions, and the business community.

What is the salary scale of SBP?

The salary scale at the State Bank of Pakistan (SBP) can vary significantly depending on the position, level of experience, and qualifications of the employee. The SBP offers competitive salary packages that are designed to attract and retain qualified professionals. These packages often include various benefits such as medical facilities, housing allowances, and retirement plans, in addition to the base salary.

While specific figures may vary, the SBP ensures that its compensation is in line with the demands of the positions and is competitive with both the public and private sectors in Pakistan.

Who runs State Bank of Pakistan?

The State Bank of Pakistan is overseen by a Governor, who is the chief executive officer of the bank. The Governor is appointed by the President of Pakistan, usually for a term of three years, which may be extended.

The Governor is responsible for leading the bank in its various functions, including the implementation of monetary policy, regulation and supervision of the banking sector, and ensuring financial stability.

Alongside the Governor, there is also a Board of Directors that assists in governing the SBP, providing guidance on its operations and policies. The composition of the Board includes both government representatives and independent directors from the private sector.