Software Engineer (OG-3) jobs at State Bank of Pakistan (SBP) 2024

@ Digital Innovations and Settlements Department (DI&SD), State Bank of Pakistan (SBP)


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Job Industry:
Government
Job Type:
Full-time
Experience Level:
Mid Level
Submissions begins on:
2024-01-20
Job Posted at:
2024-01-20 16:44:35
Submission Deadline:
2024-01-29
Disable Quota:
Yes
Female Quota:
Yes
Minority Quota:
Yes
Age Limit:
30 years (max)
Place(s) of Posting:
Location Type:
Physical / On-site
Applicant Location:
Pakistan (Country)
Country of Appointment:
Employer Department:
Digital Innovations and Settlements Department (DI&SD)
Employer Contact Email:
Employer Contact Phone:
021-34546930, 051-8444441
Employer Address:
State Bank of Pakistan
I.I. Chundrigar Road Karachi Pakistan.
Other Jobs from State Bank of Pakistan (SBP):

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Description:

State Bank of Pakistan (SBP), the Central Bank, is looking for talented and energetic candidates for the `Software Engineer (OG-3)` in Digital Innovation & Settlements Department (DISD), based in Karachi.

Job Responsibilities of `Software Engineer (OG-3)` at SBP, Karachi
Key responsibilities of the incumbent will include, but not limited to, the following:

• Assisting the Divisional Head in the development of business design documents for various domestic/international use-cases associated with RAAST.

• Preparing feasibility assessments for new and innovative use cases.

• Developing concept papers, proposals, and presentations to highlight advancements in the current usage of RAAST.

• Overseeing participant on-boarding on the RAAST platform.

• Analyzing and resolving software bugs & issues, debug and troubleshoot as needed.

• Implementing security best practices and participate in security reviews to safeguard systems.

• Providing guidance, support, and follow-up to banks regarding their assigned targets for RAAST, including Key Performance Indicators (KPIs).

• Collaborating with cross-functional teams to drive the adoption of digital payments across Pakistan.

• Assisting team in drafting scheme rules and operational manuals for RAAST use cases.

• Reviewing and updating Standard Operating Procedures (SOPs) with a focus on maintaining quality control standards

• Comprehensive understanding of payment systems and having updated knowledge of new developments in retail payments and digitization.

• Performing any additional tasks assigned by superiors as needed.

Compensation:
• Competitive compensation package, as per State Bank rules.

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Qualification:

• Bachelor’s or Master's degree (with a minimum of 16 years of education) in Computer Science / Software Engineering / Information Systems / Computer Systems/ Systems design/ data sciences or other IT related disciplines from reputable HEC recognized domestic or foreign university.

• Preference will be given to candidates having relevant certifications in Software development/ Information Security/ Software quality assurance, etc.

Age:
• Maximum 30 years, as on the date of advertisement. Relaxation may be allowed in case of additional relevant experience and certifications.

Experience:
• At least 5 years of post-qualification experience in software development and their testing and quality assurance methodologies with at least 2 years of experience in digital payments, payment systems, and/or alternate delivery channels.

• Familiarity with various payment and banking systems and their operations, such as RAAST, PRISM, IBFT etc. and experience in development & maintenance of applications and APIs, preferably on Unix/Linux/Windows Platform would be an added advantage.

• Excellent analytical and writing skills from both business and technology side would be preferred.


Employment Type:

  • This job offered by State Bank of Pakistan (SBP) is a Full-Time position. The possible benefits of Full-time positions include: Stability, Growth, and More

  • Applications begins on:

  • The interested candidates/ job seekers can apply for the post of Software Engineer (OG-3) at State Bank of Pakistan (SBP) from January 20, 2024
  • .


    Last Date to Apply:

  • The last date to apply for the post of Software Engineer (OG-3) at State Bank of Pakistan (SBP) is January 29, 2024.

  • How To Apply:

    • Interested candidates meeting the above-stated eligibility criteria may submit their applications online on https://www.sbp.org.pk/careers/status.asp. Last date of application submission is January 29, 2024. 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.


    Submit your application:

    Start your new career with just one click! Apply online for this exciting opportunity.

  • Apply online for Software Engineer (OG-3) (State Bank of Pakistan (SBP))


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    Tags: Computer Science, Data Science, Development, Engineering, OG-3, Regular, SBP

    About State Bank of Pakistan (SBP)

    The State Bank of Pakistan (SBP) is incorporated under the State Bank of Pakistan Act, 1956, which gives the Bank the authority to function as the central bank of the country. The SBP Act mandates the Bank to regulate the monetary and credit system of Pakistan and to foster its growth in the best national interest with a view to securing monetary stability and fuller utilization of the country’s productive resources.

    Subsidiaries of the SBP
    The SBP holds “three” fully owned subsidiaries to augment its functions. These are:

    SBP-Banking Services Corporation (SBP-BSC)
    Established under the SBP-BSC Ordinance 2001, SBP-BSC supports SBP in performing functions such as handling of currency and credit management, facilitating the inter-bank settlement system, and sale/purchase of savings instruments of the Government on behalf of Central Directorate of National Savings. SBP-BSC also collects revenue and makes payments for and on behalf of the Government. It also carries out operational work relating to development finance, management of public debt, foreign exchange operations and export refinance. The Board of Directors of SBP-BSC, chaired by the Governor SBP, comprises of all members of the Central Board of SBP and the Managing Director of SBP-BSC.

    SBP-BSC consists of 16 field offices in Pakistan with the head office in Karachi.

    National Institute of Banking and Finance (NIBAF)
    NIBAF is the training arm of SBP, providing executive development trainings to new inductees and various levels of SBP employees. The subsidiary also conducts international courses on central and commercial banking in collaboration with the federal Government. Furthermore, NIBAF offers training to SBP-BSC and other financial institutions. NIBAF is incorporated under Companies Ordinance, 1984 and has a separate Board of Directors.

    NIBAF is located in Islamabad with an office in Karachi.

    Deposit Protection Corporation (DPC)
    Deposit Protection Corporation (DPC) has been established as a wholly owned subsidiary of SBP under the DPC Act 2016. Upon commencement, this entity will be responsible to provide protection of deposits of member financial institutions operating in Pakistan. The objective of DPC is to compensate the depositors to the extent of protected deposits in the event of failure of a member Financial Institution. The limit of protected deposits shall be determined by DPC and will be announced in due course.
    For the purpose of protecting depositors of Islamic Banks and branches, a separate Shariah compliant mechanism of deposit protection shall be put in place.



    Frequently Asked Questions (FAQs)

    Q: What are the Job Responsibilities of `Software Engineer (OG-3)` at SBP, Karachi?
    A: Job Responsibilities of `Software Engineer (OG-3)` at SBP, Karachi\nKey responsibilities of the incumbent will include, but not limited to, the following:\n\n• Assisting the Divisional Head in the development of business design documents for various domestic/international use-cases associated with RAAST.\n\n• Preparing feasibility assessments for new and innovative use cases.\n\n• Developing concept papers, proposals, and presentations to highlight advancements in the current usage of RAAST.\n\n• Overseeing participant on-boarding on the RAAST platform.\n\n• Analyzing and resolving software bugs & issues, debug and troubleshoot as needed.\n\n• Implementing security best practices and participate in security reviews to safeguard systems.\n\n• Providing guidance, support, and follow-up to banks regarding their assigned targets for RAAST, including Key Performance Indicators (KPIs).\n\n• Collaborating with cross-functional teams to drive the adoption of digital payments across Pakistan.\n\n• Assisting team in drafting scheme rules and operational manuals for RAAST use cases.\n\n• Reviewing and updating Standard Operating Procedures (SOPs) with a focus on maintaining quality control standards\n\n• Comprehensive understanding of payment systems and having updated knowledge of new developments in retail payments and digitization.\n\n• Performing any additional tasks assigned by superiors as needed.
     

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