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State Bank of Pakistan

State Bank of Pakistan (SBP), the Central Bank of Pakistan, regulates the monetary and credit system of country and fosters its growth in the best national interest with a view to securing monetary stability and optimum utilization of the country’s productive resources. SBP is looking for high potential resources, for following positions, groomed in highly competitive environment at reputed universities and research institutions. The positions are based at Karachi.

Senior Economist (OG-6)

Key responsibilities of the incumbent will include, but not limited to, the following:

 Provide intellectual and analytical support in formulating monetary policy.
 Produce regular forecasts of key macroeconomic variables including counterfactual simulation analysis and contribute in the up-gradation of existing in-house econometric models.
 Undertake research and analysis on economic and financial issues; develop policy briefs on economic trends, developments and outlook to assist policy formulation and appraisal. 
 Prepare working papers and briefs for senior management, Monetary Policy Committee and Monetary & Fiscal Policy Coordination Board.
 Contribute in various publications including Annual and Quarterly Reports on the state of economy, SBP Research Bulletin and SBP Working Paper Series.
 Manage a team of Economic Analyst and prepare business plans.


Eligibility Criteria

Education: Must have a Ph.D in Economics from a well reputed international university.
Age: Maximum 47 years, relaxation in age limit can be considered based on quality of experience.
Experience: Minimum 15 years experience (after completing 16 years education) in well reputed institutions in Pakistan or abroad with 08 years in middle management.


Competencies

 Deep knowledge of Pakistan’s economy particularly monetary, financial and external sectors.
 Sound understanding of global economic and financial issues.
 In-depth knowledge of macroeconomics and quantitative methods. 
 Proficiency of econometric softwares especially Stata, E-views and Matlab.
 Ability to develop/evaluate Dynamic Stochastic General Equilibrium models would be a plus.
 Effective leadership, team management, communication and interpersonal skills.
 Ability to excel in a fast-paced, dynamic and competitive environment.


Compensation


 Competitive compensation package in salary scale of Additional Director (OG-6) including loan facility, medical, car, contributory provident fund and gratuity as per Bank’s rules.


Application Procedure

Interested Pakistani/AJK nationals meeting the above mentioned eligibility criteria may send their detailed CVs along with covering letter, experience certificates, copies of educational documents, CNIC and a recent photograph addressed to the Senior Joint Director, Human Resources Department, State Bank of Pakistan, 10th  Floor, SBP Main Building, I.I. Chundrigar Road, Karachi, latest by July 26, 2016. Please clearly mark the envelope with the position applied for. Only short listed candidates will be contacted. Female candidates are encouraged to apply.

 

Misinformation and any attempt to influence the selection process will be considered a definite disqualification for current as well as for all future recruitments in the Bank, even if the candidate is otherwise qualified
       
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