Digital Innovations & Settlements Department

State Bank of Pakistan · India

Digital Innovations & Settlements Department

State Bank of Pakistan (SBP), the Central Bank, is looking for talented and energetic candidates for the Permanent position in Digital innovations & Settlements Department (DI&SD), based in Karachi.

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.
• 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.
• Support audit, compliance, and risk management requirements.
• Assist in special projects.

Eligibility Criteria

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.

Compensation

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

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