Career Opportunity

The Nation's Bank
The National Bank of Pakistan (NBP) is dedicated to supporting the financial well-being of the nation, while fostering sustainable growth and inclusive development through its extensive local and international network of branches. As one of the leading and largest banks in Pakistan, NBP plays a crucial role in the country's socioeconomic growth, with a vision to transform into a future-fit, agile, and sustainable institution.

In line with our strategic goals, we are seeking talented, dedicated, and experienced professionals for the following position in the area of Treasury & Capital Markets, based in Karachi. Candidates who meet the basic eligibility criteria outlined below are encouraged to apply.

Position/Job Title

Wing Head - Rates Trading (AVP/VP)

Reporting to:
Divisional Head - Trading

Educational/Professional Qualification

  • Minimum Requirement: Graduation or equivalent from a local or international university/college/institute recognized by the Higher Education Commission (HEC).
  • Preferred Qualification: Master’s Degree with majors in Finance, Accounting, or Business.
  • Professional Certifications: Candidates with CFA, FRM, ACI Dealing Certificate, or ACI Diploma will be given preference.

Experience

  • Required Experience: At least 6 years of relevant experience in Money Market (MM) or Rates Trading within the Treasury division of a Bank, Development Finance Institution (DFI), or Non-Banking Financial Institution (NBFI).

Other Skills/Expertise/Knowledge Required

  • In-depth knowledge of interest rate products, fixed income markets, and macroeconomic factors affecting interest rates.
  • Strong ability to analyze market data, economic indicators, and the interest rate environment to make informed decisions.
  • Proficiency with trading platforms, financial modeling, and quantitative analysis tools.
  • Deep understanding of risk parameters and management techniques.
  • Capability to lead and motivate a rates trading team.
  • Well-versed in relevant regulatory guidelines.

Outline of Main Duties/Responsibilities

  • Manage both investment and trading fixed income portfolios within allocated limits.
  • Develop and execute trading and investment strategies.
  • Propose Asset Mix for managing balance sheet risk within allocated limits.
  • Monitor and keep track of financial markets developments, economic indicators, and interest rate trends.
  • Prepare investment proposals for participation in Government securities auctions.
  • Analyze yield curve movements and capitalize on anticipated shifts via yield curve arbitrage.
  • Liaise with the Financial Control Group (FCG) and Treasury operations on all Rates Trading matters.
  • Prepare and present performance reports of the Rates Trading Wing.
  • Perform any other assignments as assigned by the supervisor(s).

Assessment/Interview(s)

Only shortlisted candidates who meet the above-mentioned basic eligibility criteria will be invited for panel interview(s).

Employment Type

  • Contractual Basis: The employment will be on a contractual basis for three years, which may be renewed at the discretion of the Management.
  • Compensation: Selected candidates will be offered a compensation package and other benefits as per the Bank's policy/rules.

Interested candidates may visit the website www.sidathyder.com.pk/careers and apply online within 10 working days from the date of publication of this advertisement, following the given instructions.

Applications received after the due date will not be considered under any circumstances. No TA/DA will be admissible for the interview.

National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.

PID K.535/24