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State Bank Offers Multiple Positions Under 'Officers Training Scheme'

State Bank Offers Multiple Positions Under 'Officers Training Scheme'

Web Desk February 12, 2024 Add Bol News as a trusted source
  • State Bank of Pakistan (SBP) seeks Assistant Directors (OG-2) through SBOTS—26th Batch.
  • SBP emphasizes the importance of candidates from all provinces and regions for national progress.
  •  Selected candidates will have a fulfilling career in various domains.
The State Bank of Pakistan (SBP) is looking for young, skilled, and dynamic individuals to join as Assistant Directors (OG-2) through the State Bank Officers Training Scheme (SBOTS)—26th Batch.

“The State Bank of Pakistan, being a national institution, consistently promotes candidates from all the provinces and regions of Pakistan to play their vital role for the overall progress of the nation,” the SBP stated.

The State Bank of Pakistan is presently hiring candidates from particular regions like Sindh (Rural), Baluchistan, ex-FATA, Gilgit Baltistan, and Azad Jammu & Kashmir (AJK) to join a specialized group.

The objective is to enhance and broaden the organization's human resource pool. This endeavor aims to promote diversity and inclusivity in the workforce.

The selected candidates will have the chance for a fulfilling and demanding career in the following domains:.

  • 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.
It's crucial to mention that these positions are located in Karachi.

Eligibility Criteria:

  • Candidates must possess a Master’s, Bachelor’s, or equivalent degree with 16 years of education and a minimum of 60 percent marks where applicable or an equivalent GPA from HEC-recognized Pakistani institutions. Degrees should be in fields such as 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 (excluding BSC or MSC in agriculture), Islamic Banking & Finance, Law, Media & Culture Studies, Philosophy, and Physics.
  • In the case of a foreign degree, an equivalence certificate from HEC would be required.
  • Batches graduating until 30 June 2024 may apply with a provisional transcript until the 7th semester (for bachelors) or 3rd semester (for masters), subject to proof of 16 years of education with the required percentage/CGPA stated above in the first attempt at the final examination.

Domicile:

  • Sindh (Rural), Baluchistan, Ex-FATA, Gilgit Baltistan & Azad Jammu & Kashmir (AJK).

Age:

  • Maximum 26 years on the date of newspaper advertisement i.e. February 11, 2024.
  • The age limit shall be relaxed by three years for female candidates, transgender persons, candidates belonging to minorities, and candidates from Baluchistan, Azad Jammu Kashmir, Gilgit Baltistan, and areas that were previously part of FATA.

Application and Testing Procedure:

Interested Pakistani citizens, including those from Azad Jammu & Kashmir and Gilgit-Baltistan, who meet the above eligibility criteria, should visit the SBP website and adhere to the procedure for submitting an online application.

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Compensation Package:

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

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