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SBP announces Karachi based job opportunity, here’s how to apply

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SBP announced CTO vacancy for Raast Payments Pakistan in Karachi.
Candidates need technology leadership experience and higher education qualifications.
Online applications for SBP CTO position close on June 1.
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The State Bank of Pakistan (SBP) has announced job opportunity at Raast Payments Pakistan Pvt. Ltd. (RPP), a wholly owned subsidiary of the central bank, inviting applications for the position of Chief Technology Officer (CTO) based in Karachi.

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According to the official advertisement, the selected candidate will be responsible for defining and executing RPP’s technology vision while leading enterprise architecture, product development, automation, quality assurance, and technology partnerships for digital payment solutions.

Key Responsibilities

The Chief Technology Officer will oversee strategic and operational IT planning to support RPP’s business objectives and digital financial services agenda.

The role includes driving new product and feature development, implementing secure and scalable technology solutions, and ensuring compliance with SBP regulatory requirements.

The selected candidate will also supervise enterprise architecture, infrastructure planning, cloud strategy, quality assurance frameworks, release management, DevOps automation, and vendor coordination.

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In addition, the CTO will ensure high system availability, performance optimization, and incident readiness for mission-critical systems.

Eligibility Criteria

Applicants must possess at least 16 years of education in Computer Science, Software Engineering, Information Technology, Telecom Engineering, Electrical Engineering, Business Administration, or a related discipline from HEC-recognized institutions or reputable foreign universities.

Candidates with additional postgraduate qualifications and relevant professional certifications will have an added advantage.

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According to the advertisement, the position requires a minimum of 12 years of progressive experience in technology-related roles, including at least five years in a senior executive or leadership capacity, preferably within financial services, fintech, or digital payments sectors.

Preference will be given to candidates with hands-on experience in managing large-scale IT platforms, multi-vendor ecosystems, and large technology budgets.

The maximum age limit for applicants is 56 years as of the date of advertisement.

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Term of Appointment

The initial appointment will be for a period of three years and may be renewed subject to satisfactory performance and mutual agreement. However, the contract may also be terminated earlier in accordance with the terms and conditions of employment.

Application Procedure

Interested candidates meeting the eligibility criteria are required to submit their applications online through the official SBP careers portal.

Applications that do not fulfill the defined requirements mentioned in the advertisement will not be entertained.

The last date for submission of applications is June 1, 2026. Only shortlisted candidates will be contacted for further recruitment process.

How to Apply

Interested candidates can apply online through the official State Bank of Pakistan (SBP) e-recruitment portal by creating an account and completing their profile.

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Applicants are required to sign up using their email address and mobile number, verify both through a One-Time Password (OTP), and log in using the credentials sent to their registered email address.

After logging in, candidates must update their password, verify their identity through another OTP, and complete their profile by entering personal information, academic qualifications, work experience, and uploading required documents including photograph, signature, and resume.

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Once the profile is completed, candidates can view active vacancies on the portal and apply for relevant positions by accepting the terms and conditions and submitting the application form online.

Applicants will receive a confirmation email after successful submission of the application. In positions where an application fee is applicable, candidates can also view fee details and payment instructions through the portal.

Candidates can apply online through the SBP careers portal:

For further assistance or queries, applicants may contact: recruitment@sbp.org.pk

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