Deputy Director (OG-3) - Settlements Division

Key responsibilities of the incumbent will include, but not limited to, the following: Understand and manage accounting entries in the new RTGS system, ensuring successful integration with T24, Oracle, and Central Securities Depository (CSD) platforms. Apply SWIFT (MT) and ISO 20022 (MX) standards for high-value payments and settlements. Implement settlement models (DVP, DVF, PVP) per system protocols. Support STP flows and settlement procedures. Contribute to PRISM+ system enhancements as required. Monitor performance, logs, and alerts to ensure resolution within SLAs. Manage incidents, triaging, and escalation workflows. Oversee operations including auctions, maturities, and OMOs. Test new functionalities and train new participants. Administer participant access, rights, and instrument configurations in RTGS. Resolve operational issues and respond to queries from banks and stakeholders (NIFT, NCCPL, 1-Link). Draft and update operating rules, policies, and user manuals. Conduct due diligence for onboarding PRISM participants. Support audit, compliance, and risk management requirements. Assist in special projects.

 Eligibility Criteria:

Category	Eligibility Criteria
Education	Bachelors or Master’s Degree (16 years of education) in Finance, Business Administration, Economics, Computer Science, or a related discipline from reputable HEC recognized domestic or foreign university.
Age	Maximum 40 years, as on the date of advertisement.
Experience	Minimum 8 years of experience in RTGS operations, core banking systems, or payment infrastructure. Following skills and experience will be given weightage during assessment: Clear understanding of SWIFT, ISO 20022, and high-value payment ecosystems. Familiarity with T24, Oracle Financials, and PRISM systems is an advantage. Hands-on experience with incident management tools. Strong analytical, documentation, and problem-solving skills. Ability to meet critical deadlines

 Compensation:

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

 Application Procedure:

Interested candidates meeting the above-stated eligibility criteria may submit their applications online on https://career.sbp.org.pk/login. Last date of application submission is July 13, 2026. 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 driive.