State Bank of Pakistan (SBP) is looking for talented and dynamic professional for its finance function based in Karachi. It's a senior management position reporting to Director/Executive Director with market based salary and benefits.

Director (OG-7) - Monetary Policy Department, SBP, Karachi

Director Monetary Policy Department will: Supervise the preparation of dossier for the Monetary Policy Committee meetings, including macroeconomic assessment and outlook of the economy, scenario analyses, presentations and the monetary policy statement and report.   Oversee the exercise of macroeconomic forecasting and medium-term projections of key macroeconomic indicators, keeping in view consistency across different sectors of the economy. Carry out regular reviews for continuous improvements to the econometric and structural forecasting models supporting the monetary policy decision-making exercise.   Undertake quality research on macroeconomic issues, particularly related to the monetary policy framework, implementation, and transmission mechanism. Evaluate and refine SBP’s monetary policy tools and frameworks in light of changing economic conditions.   Lead, mentor, and manage a diverse team of economists, analysts, and researchers, fostering a culture of innovation, collaboration, and excellence. Engage with the external stakeholders to effectively communicate policy decisions and their rationale.

 Eligibility Criteria:

Education:	Masters in Economics from an HEC recognized university or a reputable foreign university. PhD in Economics will be preferred.
Age:	Maximum 50 years, as on the date of advertisement. Age relaxation may be allowed in case of PhD.
Experience:	At least 15 years of experience including at least 5 years in senior management position; A thorough understanding of monetary policy, policy operations and macroeconomic developments; Experience in theoretical and empirical modelling to support policy analysis and formulation; Strong quantitative skills and sound experience in the application of statistical and econometric techniques for analytical purposes

 Compensation:

Competitive market based compensation package backed by attractive salary and well-rounded benefits structure as per State Bank's rules.

 Application Procedure:

Interested candidates meeting the eligibility criteria may submit their applications online on https://career.sbp.org.pk/login. . Last date of application submission is December 9th, 2024. Applications, which are not in accordance with defined requirements in the advertisement, will not be entertained. Only shortlisted candidates will be contacted.

We are an Equal Opportunity Employer. Females, candidates from minorities, transgender persons and persons with disability are encouraged to apply.

Any candidate who misinforms, attempts to influence the recruitment process in any manner, tries to obtain support for his/her candidature by inappropriate means or tampers with evidence of his/her age, educational and other certificates, shall be disqualified from the current and any future recruitment process at the Bank; even if the candidate is otherwise eligible. Candidate who fails to provide the required information or documents or does not meet the specified criteria as per advertisement shall be disqualified from the current drive.