State Bank of Pakistan (SBP) · Digital Innovations & Settlements Department · Official Recruitment 2026

State Bank of Pakistan (SBP) Karachi jobs – Apply Now

The State Bank of Pakistan is hiring a Deputy Director for its Settlements Division and an Innovation Hub Technologist to drive Pakistan’s payments infrastructure and digital innovation agenda.

State Bank of Pakistan (SBP) Karachi jobs. The State Bank of Pakistan (SBP) is the country’s Central Bank, responsible for monetary policy, currency issuance, and the stability and development of Pakistan’s financial system. Through its Digital Innovations & Settlements Department (DI&SD), SBP oversees the modernization of the country’s high-value payment infrastructure, including the Real-Time Gross Settlement (RTGS) system, and drives forward-looking digital innovation initiatives to strengthen Pakistan’s fintech ecosystem.

This recruitment seeks two distinct but complementary skill sets: a Deputy Director to manage settlement operations, SWIFT and ISO 20022 standards, and core banking system integrations within the Settlements Division, and an Innovation Hub Technologist to own the technical health of SBP’s Innovation Hub platform, supporting fintech partners from onboarding through go-live. Both roles offer the opportunity to work at the center of Pakistan’s national payments and digital transformation agenda.

💳 Settlements & Payments

🚀 Digital Innovation & Technology

🌟 Equal Opportunity Employer

The State Bank of Pakistan is an Equal Opportunity Employer. Females, minorities, transgender persons, and persons with disabilities are encouraged to apply for both positions advertised in this recruitment.

Q: What is the last date to apply for SBP Digital Innovation & Settlements careers 2026?

The last date to apply for both positions is July 13, 2026. Applications must be submitted online through the SBP Careers Portal at career.sbp.org.pk; only online applications will be entertained.

Q: What is the difference between the Deputy Director and Innovation Hub Technologist roles?

The Deputy Director (OG-3) is a permanent position focused on RTGS settlement operations, requiring 8 years of payment infrastructure experience and a finance/economics/computer science background. The Innovation Hub Technologist is a contractual position focused on software engineering and platform development, requiring 5 years of enterprise application development experience.

Q: What technical standards does the Deputy Director role require knowledge of?

The role requires a clear understanding of SWIFT (MT) and ISO 20022 (MX) messaging standards for high-value payments, along with familiarity with T24, Oracle Financials, and PRISM systems used in core banking and settlement operations.

Q: What programming languages are relevant for the Innovation Hub Technologist role?

Candidates should have proficiency in one or more of .NET, C/C++, Java, Node.js, or Python, along with experience working with relational databases such as Oracle, SQL Server, or PostgreSQL.

Q: Is there an age limit for these SBP positions?

Yes, both the Deputy Director (OG-3) and Innovation Hub Technologist positions have a maximum age limit of 40 years as per the eligibility criteria specified in the advertisement.

Q: What happens if a candidate tampers with their certificates or misinforms SBP during the application process?

Candidates found misinforming or tampering with certificates will be disqualified, and any attempt to influence the recruitment process will result in disqualification from current and future SBP recruitment drives.

What is the Digital Innovations & Settlements Department (DI&SD) at SBP?

DI&SD is the department within the State Bank of Pakistan responsible for modernizing the country’s high-value payment infrastructure, including the RTGS system, and driving digital innovation initiatives such as the Innovation Hub to support Pakistan’s fintech ecosystem.

What is RTGS and why is it important for SBP?

RTGS stands for Real-Time Gross Settlement, a system used for processing high-value interbank payments in real time. It is a critical piece of national financial infrastructure that SBP oversees and continuously upgrades to ensure secure and efficient settlement of large transactions.

What is SBP’s Innovation Hub?

SBP’s Innovation Hub is a platform that supports fintech companies and innovators through sandbox environments, APIs, and a developer portal, allowing them to test and develop new financial technology solutions in coordination with the central bank, from onboarding through go-live.

What are DVP, DVF, and PVP settlement models mentioned in the Deputy Director role?

DVP (Delivery versus Payment), DVF (Delivery versus Free), and PVP (Payment versus Payment) are settlement models used to manage the simultaneous exchange of securities, funds, or currencies in financial transactions, reducing settlement risk in high-value payment systems.

Does SBP encourage diversity in its hiring for these technical roles?

Yes, SBP is an Equal Opportunity Employer and explicitly encourages females, minorities, transgender persons, and persons with disabilities to apply for both the Deputy Director and Innovation Hub Technologist positions.

📋 Job Summary

Apply before July 13, 2026. Online applications only. Only shortlisted candidates will be contacted.