Under the Statistical Officers and Economic Analysts Training Scheme, the State Bank of Pakistan (SBP) has posted job openings for Economic Analysts and Statistical Officers.

SBP posted job openings on its official website, indicating that it seeks young, bright, and motivated individuals for the abovementioned roles. Note that the positions are based in Karachi.

Eligibility Criteria

• Master’s, Bachelor’s, or equivalent degree from HEC-recognized Pakistani institutions in Economics for Economic Analysts and Statistics Actuarial Sciences/Data Sciences for Statistical Officers, with 16 years of education and at least 60% of marks when percentages apply, or 2.5 out of 4.0 or 3.5 out of 5.0 when GPA system is applicable. An HEC equivalency certificate would be necessary in the event of a foreign degree.
• Age: Up to 26 years old as of November 12, 2023, the date of the newspaper advertisement. Candidates who identify as female, transgender, members of underrepresented groups, and those from Northern Areas, Baluchistan, Azad Jammu Kashmir, and Gilgit Baltistan—areas that were formerly a part of FATA—will have their age limit lowered by three years. Employees of SBP and its subsidiaries will have their age limit reduced by five years, provided they meet all other eligibility requirements.

Read More: Foreign Investors Are Encouraged To Tap Into Pakistan’s Various Sectors.

Application and Testing Procedure 

Interested Pakistani nationals who match the aforementioned qualifying requirements, including those from Azad Jammu & Kashmir and Gilgit-Baltistan, must visit the NTS website at https://www.nts.org.pk.

• Statistical Officer or Economic Analyst will be the two streams from which candidates must select.
• Age will be taken into account using CNIC.

• Applications without the necessary data—such as a photo, birthdate, or any other crucial information—will not be considered for further consideration. Applications that do not meet the specifications mentioned in the advertisement will not be considered.
• November 27, 2023, is when applications must be submitted. Email applications or those delivered in person won’t be accepted.
• In addition to sending admit cards to the shortlisted students’ postal addresses and uploading them to its website, NTS will notify the candidates via SMS about the written exam, which will be placed at prearranged test locations.
• The qualifying candidates’ details will be posted on NTS’s website. Only those shortlisted will be contacted to proceed with the selection process.
• Please contact NTS at [email protected], 021-34546930, or 051-8444441 with any questions or complaints.

Selection Procedure

Those who pass the written exam and satisfy the requirements for consideration will be placed on a shortlist and contacted for additional rounds of selection, including a panel interview, psychometric testing, and group discussions.

The shortlisted candidates must bring the original, printed copies of their certified academic and professional records, CNIC, domicile, and Equivalency Certificate from HEC (if they hold a foreign qualification).

Candidates have received stern warnings not to falsify their age, educational background, or certifications. Additionally, even if a candidate is otherwise qualified, they will be disqualified from the current and any future recruitment processes at the Bank if they mislead, neglect to provide the necessary information or documentation, do not meet the requirements as stated in the advertisement, attempt to influence the recruitment process in any way, or attempt to obtain support for their candidature through inappropriate means.

Pre-Induction Training

Following fulfilling all requirements, such as medical and psychological testing and documentation of completed coursework, the chosen applicants will be expected to participate in Applied Focused Theoretical Training (a residential program) at the National Institute of Banking and Finance (NIBAF), Islamabad, as trainees. The trainees who meet the requirements and successfully finish the program will be allowed to work at SBP as Economic Analysts/Statistical Officers (OG-2).

Compensation Package

• A monthly salary of Rs 41,000 would be given to the trainees until they are inducted into the Bank.
• Upon completing the program, the trainees would be offered employment as Economic Analyst/Statistical Officers (OG-2) at a combined monthly monetized salary of Rs 82,000 and other perks under the OG-2 wage range following Bank regulations.

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