The National Bank of Pakistan is committed to supporting the nation’s financial well-being while fostering sustainable growth and inclusive development. With a vast network of local and international branches the bank plays a significant role in socioeconomic progress. As part of its vision to transform into a future-ready and agile institution the bank seeks talented dedicated and experienced professionals to join its team. A career opportunity is currently available in the Operations department specifically for a Settlement Officer (OG-III/OG-II) based in Karachi. Jobs in karachi
The ideal candidate should possess at least a graduation degree from a recognized local or international university with preference given to those holding a Master’s degree or relevant certifications. A minimum of two years of banking experience particularly in the settlement of ADC transactions is required. Additionally applicants should demonstrate proficiency in MS Office (Outlook Excel Word PowerPoint) and have a solid understanding of banking regulations compliance requirements related to electronic transactions and ADC reconciliation and settlement processes. Familiarity with IT systems and reconciliation tools will be considered an added advantage. Jobs in karachi
Key responsibilities for the role include managing the daily settlement of transactions across various ADCs while ensuring accuracy and timeliness. The Settlement Officer will be responsible for conducting transaction reconciliations identifying discrepancies and ensuring compliance with regulatory standards and internal policies. The role also involves acting as a liaison for transaction-related issues maintaining transaction processing systems reviewing reconciliation accounts and generating reports on settlement efficiency. Moreover coordination with branches regional offices and other financial institutions for claim resolution addressing audit concerns and implementing measures to minimize discrepancies are critical aspects of this position. Jobs in karachi
Shortlisted candidates who meet the eligibility criteria will be invited for assessment tests and panel interviews. The selected candidate will be employed on a contractual basis for three years with the possibility of renewal at the bank’s discretion. Compensation and other benefits will be offered per the bank’s policies. Interested individuals are encouraged to apply online at www.sidathyder.com.pk/careers within ten working days of this advertisement’s publication. The National Bank of Pakistan is an equal-opportunity employer and welcomes applications from all qualified individuals regardless of gender religion or disability. Jobs in karachi
Positions Available
| Sr. No | Position / Job Title | Number of Vacancies |
|---|---|---|
| 01 | Settlement Officer (OG-III / OG-II) | Not Specified |
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Age Criteria
Not specified
Why Join The National Bank of Pakistan?
The National Bank of Pakistan (NBP) is one of the country’s leading financial institutions, playing a crucial role in economic development and financial inclusion. With a vast network of local and international branches, the bank offers employees a dynamic and growth-oriented work environment. NBP is committed to innovation, continuously upgrading its services to provide cutting-edge financial solutions. By joining the bank, professionals gain the opportunity to contribute to national progress while working in an organization that values stability, professionalism, and long-term career growth. Jobs in karachi
Working at NBP provides employees with exposure to a diverse range of banking operations, including digital banking, financial management, and risk assessment. The bank places a strong emphasis on employee development, offering training programs and skill enhancement initiatives to help professionals excel in their careers. Additionally, NBP fosters an inclusive work culture, ensuring a collaborative and supportive environment where employees can maximize their potential. With competitive salaries, benefits, and career advancement opportunities, the bank remains an attractive choice for individuals looking to build a successful career in the financial sector. Jobs in karachi
Furthermore, NBP upholds a strong commitment to ethical banking practices, regulatory compliance, and corporate social responsibility. Employees take pride in being part of an institution that prioritizes transparency, customer satisfaction, and financial security. The bank actively encourages innovation and leadership, providing employees with challenging yet rewarding roles that enhance their professional capabilities. By working for NBP, individuals become part of an esteemed organization that not only contributes to economic stability but also offers a fulfilling and progressive career path. Jobs in karachi
The Ideal Candidate Profile
- Proficiency in MS Office (Outlook, Excel, Word, PowerPoint) for data handling and reporting.
- Strong analytical and problem-solving skills to identify and resolve transaction discrepancies.
- Knowledge of banking regulations and compliance requirements related to electronic transactions and ADC reconciliation & settlement.
- Familiarity with IT systems and reconciliation tools used in banking operations (preferred).
- Attention to detail and accuracy in managing settlement processes and financial transactions.
- Good communication and interpersonal skills to coordinate with internal teams, branches, and external institutions.
- Ability to work under pressure and meet strict deadlines in a fast-paced banking environment.
- Strong documentation and reporting skills to generate settlement reports and maintain transaction records.
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Qualifications We’re Looking For
| Criteria | Requirements |
|---|---|
| Educational Qualification | Minimum Graduation from a local or international university/college recognized by HEC. A Master’s degree and relevant certifications will be preferred. |
| Experience | Minimum 2 years of banking experience, preferably in settlement of ADC transactions. |
| Skills & Expertise | Proficiency in MS Office (Outlook, Excel, Word, PowerPoint). Knowledge of banking regulations and compliance requirements related to electronic transactions / ADC reconciliation & settlement. Understanding of IT systems and reconciliation tools is an added advantage. |
| Location | Karachi |
| Employment Type | Contractual – 3 years (renewable at the discretion of management). |
| Selection Process | Shortlisted candidates meeting the eligibility criteria will be invited for an assessment test and/or panel interview. |
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What You Will Do
- Manage the daily settlement of transactions across various ADCs, ensuring accuracy and timeliness.
- Conduct regular reconciliation of transaction records, identifying and resolving discrepancies promptly.
- Ensure compliance with regulatory requirements, internal policies, and best practices in transaction processing and reporting.
- Act as a point of contact for resolving transaction settlement issues, collaborating with other departments as needed.
- Monitor and maintain the integrity of systems and tools used for transaction processing and settlement.
- Review and update reconciliation accounts by understanding the transactional flow.
- Generate regular reports for management on settlement efficiency, error rates, and other relevant indicators.
- Coordinate with branches, regions, 1-Link, member banks, and SBP for immediate resolution of settlement claims.
- Address audit comments (internal & external), implement corrective measures, and minimize recurrence of discrepancies.
- Perform any other assignments as assigned by the supervisor(s).
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Application Deadline
visit www.sidathyder.com.pk/careers
Steps to Apply
- Visit the Official Website – Candidates should go to www.sidathyder.com.pk/careers to access the online application portal.
- Review Job Details – Carefully read the job description, eligibility criteria, and responsibilities to ensure suitability for the position.
- Prepare Required Documents – Gather necessary documents such as educational certificates, experience letters, CNIC, and an updated CV before applying.
- Submit Online Application – Fill out the online application form with accurate details and upload required documents as per the instructions.
- Wait for Shortlisting – Only candidates who meet the eligibility criteria will be shortlisted and invited for an assessment test and/or panel interview.
- Attend Test/Interview – If shortlisted, appear for the test and/or interview as scheduled. Successful candidates will be offered a contractual position based on merit.
- This structured process ensures that applicants can efficiently apply for the position.
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Common Mistakes to Avoid
- Incomplete or Incorrect Information – Providing inaccurate details about education, experience, or personal information can lead to disqualification.
- Missing Required Documents – Failure to attach essential documents like educational certificates, experience letters, or CNIC may result in rejection.
- Generic or Poorly Written CV – A CV with vague descriptions, grammatical errors, or missing key details can create a negative impression.
- Not Meeting Eligibility Criteria – Applying despite not fulfilling the required qualifications, experience, or skills will likely lead to automatic disqualification.
- Late Application Submission – Applications submitted after the deadline will not be considered under any circumstances.
- Ignoring Job Instructions – Not following the application guidelines, such as incorrect formatting, missing required fields, or providing false information, can harm your chances.
- Lack of Preparation for Interview/Test – If shortlisted, being unprepared for the assessment test or panel interview may lead to a poor evaluation.
- By avoiding these red flags, candidates can improve their chances of securing the position successfully.
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What to Expect During Hiring
- Application Screening – Submitted applications are reviewed to ensure candidates meet the required eligibility criteria.
- Shortlisting of Candidates – Only applicants who fulfill the qualifications, experience, and skill requirements are shortlisted for the next stage.
- Assessment Test (If Applicable) – Shortlisted candidates may be required to appear for a written assessment to evaluate their knowledge and skills related to the role.
- Panel Interview – Candidates who pass the test (if conducted) will be invited for an interview with a panel of experts to assess their suitability for the position.
- Final Selection & Offer – Based on performance in the test and interview, the most suitable candidates will be selected and offered employment on a contractual basis.
- Onboarding Process – Selected candidates will complete necessary documentation and formalities before joining the National Bank of Pakistan.
- This structured selection process ensures that only the most qualified individuals are hired for the position.
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Office Location
National Bank of Pakistan (NBP) Headquarters
I.I. Chundrigar Road,
Karachi, Pakistan.
For application submission and further details, candidates should visit the official recruitment portal: www.sidathyder.com.pk/careers.
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Contact Us for Clarifications
| Contact Detail | Information |
|---|---|
| Contact Number | +92-21-99220100 |
| contactus@nbp.com.pk | |
| Website | www.nbp.com.pk |
Jobs in karachi
Frequently Asked Questions
Q: What is the minimum qualification required for this position?
A: Candidates must have at least a graduation degree from a recognized local or international university. A Master’s degree or relevant certifications will be preferred.
Q: How can I apply for the position?
A: Interested candidates must apply online through the official recruitment portal at www.sidathyder.com.pk/careers within the given deadline.
Q: What is the selection process for this job?
A: The selection process includes application screening, shortlisting, an assessment test (if applicable), a panel interview, and final selection based on merit.
Q: Is this a permanent job or a contractual position?
A: This is a contractual position for three years, which may be renewed at the discretion of the bank.