State Bank of Pakistan, the Central Bank of the country, regulates the monetary and credit system of Pakistan 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. In order to strengthen the institutional capacity in line with SBP Vision 2020, applications are invited from high calibre and dynamic professionals for the position of Assistant Director (OG-2). These positions are permanently based at Karachi.

Statistical Officers Training Scheme (SOTS)

Eligibility Criteria

Qualification:   Masters or Bachelors Degree with 16 years of education with at least 60% marks or 2.5 CGPA out of 4.0 or 3.5 CGPA out of 5.0 from HEC recognized Pakistani institutions in Statistics. Foreign degree holders are required to submit Equivalence Certificate issued by HEC along with the application. Candidates awaiting final results are not eligible to apply.

Age:             Maximum 26 years as on last date of submission of application. Age limit shall be relaxed by 03 years for candidates from FATA/Northern Areas/Gilgit Baltistan, Baluchistan and Azad Jammu & Kashmir and by 05 years for employees of SBP and its subsidiaries subject to fulfilling all other eligibility requirements.

Application and Testing Procedure

Interested Pakistani/AJK nationals meeting above eligibility criteria are required to register themselves with SBP/IBP for appearing in the written test as per following procedure:

• Application Form and Deposit Slip is available at SBP/IBP websites i.e., "Online Application Form"
• Click on "Online Application Form". Read the instructions carefully and register yourself by clicking on "Register" and filling the Online Application Form.
• Take the print out of Form along with Deposit Slip.
• Deposit test fee of Rs.750/- for IBP testing service through Deposit Slip at any online branch of UBL/HBL.
• Send Application Form along with attested copies of educational/professional documents, Equivalence Certificate from HEC (in case of foreign qualification), original IBP copy of Deposit Slip, domicile, CNIC and 03 passports size photographs to Senior Joint Director (Recruitment), Human Resources Department, State Bank of Pakistan I. I. Chundrigar Road, Karachi not later than April 17, 2017.
• SBP/IBP will not be responsible for late receipt of application through post.
• Candidates shortlisted by SBP based on eligibility criteria shall be sent admit cards by IBP at their postal addresses to appear in the written test to be held at designated test centers.
• SBP/IBP will upload the test results at their respective websites. The test results will also be sent to candidates at their postal address.
  
  

Selection Procedure

The candidates shortlisted on the basis of written test and meeting other eligibility criteria will be invited for further selection process. Successful candidates will be selected in order of merit subject to observance of Provincial/Regional quota provisions as prescribed by Government of Pakistan.

Pre-Induction Training

After completion of pre-induction formalities including medical and psychological examinations, selected candidates shall undergo "Applied Focused Theoretical Training" (residential) at National Institute of Banking and Finance (NIBAF), Islamabad.

Compensation Package

• Consolidated monetized salary of Rs. 82,000/- per month and other perks and benefits as per Bank's rules.
• Medical facility as per Bank’s rules.
• Staff Loans & other benefits and allowances as admissible under New Compensation & Benefits Structure as per Bank’s rules.

Please mark the envelope with the position applied for. Only short listed candidates will be contacted. Incomplete / delayed applications or sent through e-mail will not be entertained.

Application Deadline: April 17, 2017

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.