State Bank of Pakistan Jobs in Karachi for Executive Director, Eligibility Criteria

State bank of pakistan

State bank of pakistan, the central bank of the country, is continuously undertaking various initiatives to strengthen its institutional capacity. To ensure smooth execution of its financial markets & reserve management function, sbp is looking for a high caliber and dynamic professional interested in a stable but challenging career and willing to make a difference through excellence.

Executive director - financial markets & reserve management group

This is a karachi based senior management position, currently reporting directly to the governor. The key responsibilities associated with the position include, but are not limited to following: s prudent management of fx reserve investment portfolio as per investment & risk policy. Overseeing the domestic financial markets, with the responsibility for monetary management and execution of foreign exchange & monetary policy to constantly monitor domestic financial markets, identifying issues and market systemic risks. Assisting the governor in financial market strategy & conduct, monetary & exchange rate policy formulation. Cd overseeing and initiating policy driven actions in the domestic financial markets for effective market & liquidity management. * ensuring adherence to policy compliance & risk management controls with respect to all above activities.

Core competencies

10 this is a senior management position, which requires a high level of financial acumen, market risk management arid superior skills in handling foreign exchange reserve investment portfolio, domestic financial markets and execution of foreign exchange policy. Further, the ideal candidate should be well versed and updated in economic developments besides operational & policy areas of financial institutions. 0 this position requires proven ability to understand market dynamics and have broad based knowledge of financial products & domestic market regulations. The incumbent should be abreast with: - products / pricing mechanics - risks and hedging techniques

- applicability/market practice - regulatory issues eligibility  criteria  education • mba/master degree in banking/finance from an hec recognized institution or equivalent foreign qualification. Candidates with relevant market certifications like cfa, frm, aci diplomas would be preferred.

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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.

Age 10 maximum 54 years. Relaxation may be allowed in case of highly qualified and more experienced candidates experience 10 minimum 20 years relevant domestic or international experience, including 12 years at the senior management position, preferably in a large organization. Relaxation may be allowed in case of relevant experience in a comparable entity. Compensation package (7 negotiated monetized salary within the approved salary scale of og-8, commensurate with experience and qualifications of the candidate. 10 medical facility for self and dependent spouse as per bank's rules. ® car with fuel and driver's salary as per bank's rules. C7 staff loans & other benefits, facilities and allowances as admissible under new compensation & benefits structure as per bank's rules.

Application procedure: interested pakistani nationals meeting the above mentioned eligibility criteria for the positions may send their detailed cvs along with copies of educational and related documents, cnic and a recent photograph addressed to the director, human resources department, state bank of pakistan, 10th floor, main building. 1.1. Chundrigar road. Karachi-74000 latest by september 27, 2013. Please clearly mark the envelope with s the position applied for. Only short listed candidates will be contacted.