State Bank Officers Training Scheme SBOTS 27th Batch 2024

State Bank of Pakistan – Excellent Career Opportunities (State Bank Officers Training Scheme SBOTS 27th Batch 2024)

The State Bank of Pakistan (SBP), the country’s central bank, invites applications from young, talented, and energetic individuals for the position of Assistant Director (OG-2) under the State Bank Officers Training Scheme (SBOTS) – 27th Batch. This prestigious opportunity offers a rewarding and challenging career in a variety of fields.

SBOTS (State Bank Officers Training Scheme) is a recruitment and training program designed to hire and train individuals for the position of Assistant Director (OG-2) at the State Bank of Pakistan. The program aims to attract young, talented candidates and provide them with a foundation in central banking through theoretical and applied training.

Career Areas:

SBP offers diverse opportunities in the following areas:

• Monetary Policy
• Macroeconomic Research and Data
• Financial Markets and Foreign Exchange Reserve Management
• Banking Policy and Supervision
• Islamic Finance
• Financial Inclusion
• Digital Financial Services
• Information Technology, Finance & Risk Management, Internal Audit, External Communications, Strategic Planning, and Human Resources

Positions are based in Karachi.

Eligibility Criteria:

Education:

• Applicants must hold a Master’s or Bachelor’s degree (equivalent to 16 years of education) from an HEC-recognized institution, with a minimum of 60% marks (where applicable) or a GPA of 2.5/4.0 or 3.5/5.0.
• Eligible fields of study include Business Administration, Public Administration, Economics, Commerce, Finance, Statistics, Data Sciences, Actuarial Sciences, Accounting, Computer Sciences, Information Systems and Technology, Mathematics, Human Resource Management, Agriculture Management (excluding BSc or MSc in agriculture), Islamic Banking & Finance, Law, Media & Culture Studies, Philosophy, and Physics.
• For foreign degrees, an equivalence certificate from HEC is required.

Age:

• The maximum age limit is 26 years as of September 8, 2024.

Application and Testing Procedure:

• Eligible candidates can apply online through the SBP Career Portal (https://career.sbp.org.pk/login) or by scanning the QR code provided in the official advertisement.
• The deadline for application submission is September 23, 2024. Applications submitted by email or in person not considered.
• Applicants must ensure all required details, including photographs, date of birth, and educational information, are accurately provided. Incomplete or inaccurate applications will not be considered.
• A pre-induction written test will be conducted at designated centers. The Testing Agency will notify shortlisted candidates via SMS, postal address, and website about the test details. No test fee required.
• Candidates qualifying for the written test will have their results posted on the Testing Agency’s website.

Terms and Conditions for SBOTS 27th Batch 2024 Recruitment

1. Eligibility Criteria:
   • Applicants must hold a Master’s or Bachelor’s degree (equivalent to 16 years of education) from an HEC-recognized institution with a minimum of 60% marks or a GPA of 2.5/4.0 or 3.5/5.0.
   • Eligible fields of study include, but are not limited to, Business Administration, Economics, Finance, Computer Sciences, and Law.
   • For foreign degrees, an equivalence certificate from HEC is mandatory.
2. Age Limit:
   • The maximum age limit is 26 years as of September 8, 2024, with relaxations applicable for certain groups.
3. Application Process:
   • Applications must be submitted online through the SBP Career Portal; no email or in-person applications will be accepted.
   • The application deadline is September 23, 2024. Incomplete or inaccurate applications will be disqualified.
4. Testing and Selection:
   • A pre-induction written test will be conducted for eligible candidates at designated centers. No test fee is required.
   • Shortlisted candidates will undergo further assessments, including group discussions, psychometric testing, and interviews.
   • Candidates must bring original documents (educational certificates, CNIC, domicile) during interviews.
5. Training and Appointment:
   • Successful candidates will undergo training at the National Institute of Banking and Finance (NIBAF) in Islamabad.
   • Candidates who complete training will be appointed as Assistant Director (OG-2) at SBP in Karachi.
6. Compensation:
   • Trainees will receive a monthly stipend of Rs 41,000 during training. Upon appointment, the salary will be Rs 82,000 plus allowances as per SBP rules.
7. Disqualification:
   • Applicants attempting to influence the recruitment process, providing false information, or tampering with documents will be disqualified.

Advertisement of State Bank Officers Training Scheme SBOTS 27th Batch 2024

Selection Process:

Shortlisted candidates will undergo further assessments, including group discussions, psychometric testing, and panel interviews. Candidates must present original educational documents, CNIC, Domicile, and (for foreign qualifications) HEC equivalence certificates.

Applicants attempting to influence the recruitment process, providing false information, or tampering with documents will be disqualified.

Pre-Induction Training:

Successful candidates will undergo Applied Focused Theoretical Training at the National Institute of Banking and Finance (NIBAF) in Islamabad. Those who successfully complete the training will be appointed as Assistant Director (OG-2) at SBP in Karachi.

Compensation Package:

• During training, trainees will receive a monthly stipend of Rs 41,000.
• Upon appointment as Assistant Director (OG-2), the salary will be Rs 82,000 per month, along with other allowances and benefits, as per SBP rules.

For further queries, please contact SBP at Recruitment@sbp.org.pk.

Frequently Asked Questions (FAQs)

Q1: What is the SBOTS program?
A1: The State Bank Officers Training Scheme (SBOTS) is a recruitment and training initiative for young graduates to prepare them for careers at the State Bank of Pakistan.

Q2: What positions are available in the 27th Batch of SBOTS?
A2: The position available is Assistant Director (OG-2).

Q3: What are the eligibility criteria?
A3: Candidates must have a Master’s or Bachelor’s degree from an HEC-recognized institution with a minimum of 60% marks, and they should be within the age limit specified.

Q4: How do I apply?
A4: Applications submitted online through the SBP Career Portal (https://career.sbp.org.pk/login) by September 23, 2024.

Q5: Is there an application fee?
A5: No, there is no application fee for the recruitment process.

Q6: What will be the selection process?
A6: The selection process includes a written test, group discussions, psychometric tests, and panel interviews.

Q7: Will I receive any compensation during the training?
A7: Yes, trainees will receive a monthly stipend of Rs 41,000 during the training period.

Q8: What is the salary after appointment?
A8: Upon appointment, the salary will be Rs 82,000 per month, along with other allowances and benefits.

Q9: Can candidates with foreign degrees apply?
A9: Yes, candidates with foreign degrees can apply, but they must provide an equivalence certificate from HEC.

Q10: Who can I contact for further inquiries?
A10: For further questions, you can contact SBP at Recruitment@sbp.org.pk.