Jobs in State Bank of Pakistan – Multiple Positions Availabe

Are you seeking a rewarding and prestigious career in Pakistan’s financial sector? The Jobs in State Bank of Pakistan offer an unparalleled opportunity to become part of the country’s central banking system. The State Bank of Pakistan (SBP) has announced the latest recruitment drive under the State Bank Officers Training Scheme (SBOTS) – 28th Batch, inviting young and dynamic professionals to apply for the position of Assistant Director (OG-2).

This career path leads to challenging assignments, strategic responsibilities, and long-term professional growth. If you’re passionate about macroeconomics, digital banking, Islamic finance, or public policy, this is your chance to contribute to Pakistan’s financial future.

Job Overview

Position Title: Assistant Director (OG-2)
Batch: SBOTS – 28th Batch
Department: State Bank of Pakistan (SBP)
Posting Location: Karachi
Job Type: Full-time, Permanent (post-training)
Stipend (during training): Rs. 41,000/month
Monthly Salary (after appointment): Rs. 82,000 + Allowances
Application Deadline: July 14, 2025
Age Limit: 26 years (Relaxation for eligible categories)
Application Mode: Online Only
Testing Method: Written Test + Group Discussion + Psychometric + Interview
Training Institute: NIBAF, Islamabad

About State Bank of Pakistan

The State Bank of Pakistan (SBP) is Pakistan’s central bank, headquartered in Karachi. As the country’s premier financial regulator, SBP plays a vital role in formulating and implementing monetary and exchange rate policy, maintaining price and financial stability, and supervising the banking sector.

Through innovative policies and digitization, SBP is leading Pakistan’s transition toward a modern, inclusive, and technology-driven financial system. Each year, SBP selects the best and brightest minds from across the country for induction through the prestigious State Bank Officers Training Scheme (SBOTS).

Areas of Posting & Expertise

Selected candidates will join SBP as Assistant Directors (OG-2) and work in a range of strategic departments such as:

  • Monetary Policy & Economic Research
    Policy formulation and macroeconomic analysis.
  • Financial Markets & Reserve Management
    Managing foreign exchange reserves, liquidity, and open market operations.
  • Banking Supervision & Policy
    Oversight of commercial banks and enforcement of prudential regulations.
  • Islamic Finance
    Promotion and regulation of Shariah-compliant banking practices.
  • Digital Financial Services
    Advancement of mobile banking, fintech, and payment systems.
  • Financial Inclusion
    Initiatives to increase banking penetration across underserved populations.
  • Information Technology & Cybersecurity
    Development and management of SBP’s IT systems and digital platforms.
  • Internal Audit, Finance, Risk Management & HR
    Corporate governance, budget control, risk analysis, and talent development.
  • Media, Strategic Planning, External Communications
    Public awareness campaigns, planning units, and stakeholder engagement.

Eligibility Criteria

The SBP maintains a transparent and merit-based recruitment policy. Only candidates meeting all the following criteria will be considered:

Educational Qualifications:

  • A Master’s or Bachelor’s degree (16 years of education) with:
    • Minimum 60% marks (where percentage system applies), or
    • Minimum CGPA 2.5 out of 4.0 or 3.5 out of 5.0 (GPA system)
  • Degree must be from an HEC-recognized Pakistani or foreign university.
  • Fields of study accepted:
    • Business Administration
    • Public Administration
    • Economics
    • Commerce
    • Finance
    • Statistics
    • Data Sciences
    • Actuarial Sciences
    • Accounting
    • Computer Sciences / IT
    • Mathematics
    • Human Resource Management
    • Agricultural Management (not general BSc/MSc Agriculture)
    • Islamic Banking & Finance
    • Law
    • Media & Culture Studies
    • Philosophy
    • Physics
  • Equivalence certificate from HEC is required for foreign degrees.

Age Limit:

  • Maximum 26 years as of June 29, 2025.
  • Age relaxation (3 years) for:
    • Female applicants
    • Transgender persons
    • Minorities
    • Candidates from Balochistan, AJK, GB, and former FATA

Selection Procedure

The recruitment process consists of several rigorous and merit-based stages:

Step 1: Online Application

Step 2: Written Test

  • Conducted by an independent Testing Agency at designated test centers nationwide.
  • Test slip/admit cards will be shared by the agency via SMS, post, and online portal.
  • No application/test fee is required.

Step 3: Result Announcement

  • Written test result will be uploaded on the Testing Agency’s official site.
  • Only shortlisted candidates will be contacted for the next stage.

Step 4: Group Discussion / Psychometric Assessment

  • Evaluate communication, leadership, teamwork, and problem-solving skills.

Step 5: Final Interview (Panel)

  • In-depth interview to assess professional knowledge and suitability.
  • Candidates must bring original degrees, CNIC, domicile, and HEC equivalence (if applicable).

Pre-Induction Training

Candidates who qualify the final stage will be enrolled in residential training at:

National Institute of Banking and Finance (NIBAF), Islamabad

Training Details:

  • Duration: As per SBP guidelines
  • Title: Applied Focused Theoretical Training
  • Status: Trainees
  • Monthly Stipend: Rs. 41,000 during training

After successful completion of training, candidates will be formally inducted as Assistant Director OG-2 and posted at SBP, Karachi.

Salary and Benefits

Working at SBP comes with both financial and professional rewards.

During Training (Trainee Status):

  • Monthly stipend: Rs. 41,000

After Training (OG-2 Appointment):

  • Monthly monetized salary: Rs. 82,000
  • Additional perks and benefits as per OG-2 scale, including:
    • Provident Fund
    • Gratuity
    • Medical coverage
    • Staff loans
    • House rent / accommodation assistance
    • Leave encashment
    • Training and foreign exposure opportunities

Equal Opportunity Commitment

The State Bank of Pakistan is an Equal Opportunity Employer. Applications are encouraged from:

  • Women
  • Transgender persons
  • Persons with disabilities
  • Candidates from minority communities
  • Underrepresented regions (Balochistan, GB, AJK, and ex-FATA)

SBP is committed to ensuring diversity, fairness, and inclusion in its workforce.

Important Guidelines

  • Applications via email or hand submission will not be accepted.
  • All information provided must be accurate and verifiable.
  • Misrepresentation or tampering with documents will result in disqualification.
  • SBP reserves the right to reject any candidate without assigning a reason.
  • Age will be strictly verified using CNIC information.

Frequently Asked Questions (FAQs)

Q: Is this a permanent government job?

Yes. After completing training at NIBAF, candidates will be permanently inducted as OG-2 officers.

Q: Can final year students apply?

No. Only those who have completed 16 years of education and possess final transcripts are eligible.

Q: Are private university degrees acceptable?

Yes, as long as the institution is recognized by HEC.

Q: Can candidates from remote areas apply?

Yes. In fact, age relaxation is available for candidates from underrepresented regions.

Q: Can I edit my application after submission?

No. Be sure to review all entries carefully before final submission.

Q: Is this opportunity available every year?

Generally yes, but selection for SBOTS batches is competitive and not guaranteed annually.

Joining the State Bank of Pakistan through the SBOTS 28th Batch is a prestigious pathway for those who aspire to shape Pakistan’s financial, economic, and technological future. From contributing to policy reforms to regulating the banking sector, SBP provides its officers with unmatched exposure, training, and career progression.

If you meet the criteria, don’t delay — submit your online application before July 14, 2025 and take your first step toward a promising career in central banking.

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Disclaimer:
This article is based on publicly available job information and is meant for informational purposes only. Please reach out directly to Akbar Associates Group for official recruitment processes and verification.