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State Bank of Pakistan
Excellent Career Opportunities


State Bank of Pakistan (SBP), the Central Bank, 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. Consistent strengthening of its regulatory and supervisory regime is reflected in the performance and resilience of the banking sector in the face of recent challenging macro financial environment.

SBP is looking for high caliber and dynamic professionals for the CONTRACTUAL position in Monetary Policy Department, based at Karachi.


Senior Economist

Key responsibilities of the incumbent will include, but not limited to, the following:
Supervise and coordinate all the activities to facilitate Monetary Policy formulation, and dissemination of policy decisions and related material.
Update the monetary policy information and its key concepts on the SBP website.
Perform secretariat responsibilities for the Monetary Operations Committee (MOC).
As a member of internal Forecast Review Committee (FC), provide candid feedback on the forecasts of key macroeconomic variables, and the documents analyzing trends and developments.
Supervise the arrangements for and conduct of seminars and orientation sessions for the academia, analysts, journalists and students on formulation, conduct and implementation of monetary policy.
Write/supervise analytical notes and research papers, review and provide feedback on policy notes prepared in the department and serve as focal point to coordinate the posting of policy notes on the SBP’s internal webpage.
Contribute in preparing speeches/presentations/briefs for the senior management.
Write research papers using strong writing skills to contribute to publications in SBP Research Bulletin, SBP working paper Series and SBP Staff Notes.
Facilitate officers in disposing of queries from internal and external stakeholders.

 Eligibility Criteria:


Must have a Master’s or Bachelor’s degree with 16 years of education in Economics or Finance from HEC recognized university or from a reputable foreign university. M.Phil or PhD in Economics or Finance will be preferred.


Maximum 45 years, as of the date of submission of application (as per CNIC). Relaxation maybe allowed in case of additional relevant experience.

Minimum 8 years post qualification relevant experience for 16 years education.

Minimum 6 years post qualification relevant experience for M.Phil.

Minimum 4 years post qualification relevant experience for Ph.D.


Competitive compensation package, as per State Bank rules.

 Application Procedure

Interested candidates, meeting the above mentioned eligibility criteria may send detailed CVs along with covering letter addressed to Joint Director, Resource Management, HRD, State Bank of Pakistan, 10th Floor, SBP Main Building, I.I. Chundrigar Road, Karachi, enclosing therewith their CVs, most recent photograph and attested copies of all relevant documents. Last date of application submission is March 30, 2020. Only shortlisted candidates will be contacted. Applications with incomplete CVs, especially which are devoid of Photograph, Date of Birth, experience/qualification dates or any other important information will not be shortlisted. Selection process may also include written test.

SBP is an equal opportunity Employer and female candidates are encouraged to apply.

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

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