Specialist / Senior Specialist - Raast Scheme Compliance, Raast Payments Pakistan

About This Job

Raast Payments Pakistan (Private) Limited (RPP), the State Bank of Pakistan's subsidiary that operates the Raast instant payment scheme, has advertised for a Specialist / Senior Specialist in Raast Scheme Compliance. The role monitors participant compliance with Raast Scheme Rules and applicable regulatory instructions, maintains the central compliance and participant-coverage records for the Raast ecosystem, reviews scheme documentation, issues scheme broadcasts and advisories, flags instances of non-compliance identified from participant data, and maintains the management information underpinning compliance reporting, regulatory coordination, and audit response. This is one of four Raast Payments Pakistan positions advertised together on SBP's careers portal in the same batch; the ad does not disclose the number of vacancies or the split between the two grades.

The advertisement requires sixteen years of education - a Bachelor's or Master's degree from an HEC-recognized Pakistani institution or a reputable foreign university - in Business Administration, Commerce, Finance, Banking, Accounting, Law, Economics, Public Administration, Information Systems, or a related discipline, with an LLB, an additional postgraduate degree, or professional certifications such as CAMS, ICA, CIA, or CISA counted as an advantage. The maximum age is 40 years as reckoned from the date of advertisement, with no stated minimum (18 applied here as the standard adult floor) and no domicile restriction beyond eligibility to work in Pakistan. The Specialist grade needs at least two years of relevant experience in compliance monitoring, regulatory reporting, audit support, or payment scheme operations within a bank, payment system operator, financial market infrastructure, or regulated financial institution, rising to a minimum of five years for the Senior Specialist grade, with practical exposure to compliance registers, participant reporting, and audit-observation tracking seen as a plus; RPP describes itself as an equal-opportunity employer and encourages applications from women, minority candidates, transgender persons, and persons with disabilities.

Interested candidates must apply online via sbp.org.pk/careers/status.asp; the advertisement states no application fee, and applications sent by email or in person, or that fall short of the stated requirements, will not be entertained, with only shortlisted candidates contacted going forward. RPP cautions that misrepresentation, attempts to influence the recruitment process, or tampering with age or educational credentials will lead to disqualification from this and any future RPP recruitment drive even for an otherwise-eligible candidate. Compensation is described only as a competitive, market-based salary and benefits package as per the organization's rules, without a specific figure disclosed. The closing date for applications is 14 September 2026, so eligible candidates should assemble their documents and apply before the deadline.

Job Information

Commission / Board

SBP

Place of posting

Karachi

City

Karachi

Postal Code

74000

Domicile

All Punjab Basis

Age (Male)

18–40 years

Age (Female)

18–40 years

Age note

Maximum 40 years as on the date of advertisement; no minimum age stated in the ad (18 applied as the standard adult floor) and no gender/quota-based age relaxation mentioned for these RPP roles (unlike SBP's own EATS/SBOTS training schemes).

Salary / BPS

Competitive market-based salary and benefits package as per RPP (Pvt.) Ltd. rules (exact figure not disclosed in the ad)

Fee note

No application fee mentioned in the advertisement.

Last date

14 September 2026

Qualification Required

• Qualification: 16 years of education (Bachelor's/Master's) from an HEC-recognized institution or reputable foreign university in Business Administration, Commerce, Finance, Banking, Accounting, Law, Economics, Public Administration, Information Systems, or a related discipline. Preferred: LLB or additional postgraduate degree in Finance, Banking, Law, or Business Administration; professional certifications in compliance/AML-CFT (CAMS, ICA), risk management, or audit (CIA, CISA).
• Experience: Specialist: minimum 2 years of relevant experience in compliance monitoring, regulatory reporting, audit support, or payment scheme operations within a bank, payment system operator, financial market infrastructure, or regulated financial institution. Senior Specialist: minimum 5 years of the same. Preferred: practical exposure to compliance registers, participant reporting, and audit-observation tracking.

How to Apply

1. Apply online at sbp.org.pk/careers/status.asp. No application fee mentioned in the ad. Applications by email or in person, or not conforming to stated requirements, will not be entertained; only shortlisted candidates will be contacted.

Additional Details

Eeo Note

RPP (Pvt.) Ltd. is an equal-opportunity employer; females, candidates from minorities, transgender persons, and persons with disability are encouraged to apply.

Role Summary

Monitors participant compliance with Raast Scheme Rules and regulatory instructions; maintains central compliance and participant-coverage records; reviews scheme documentation; issues broadcasts/advisories; identifies non-compliance from participant data.

Batch Context

One of four Specialist / Senior Specialist positions (Product Management & Delivery; Data Analytics & Service Excellence; Raast Scheme Compliance; Digital Marketing) advertised together by Raast Payments Pakistan (Private) Limited on SBP's careers portal in the same batch, closing 14 September 2026.

Location Note

Ad does not explicitly state a place of posting; Karachi/Sindh applied per this DB's established convention for SBP and its subsidiaries (SBP's head office and all prior SBP postings in this table are Karachi-based, and RPP's registered office is co-located with SBP in Karachi) - inferred, not stated verbatim in the ad.

Misconduct Note

Any candidate who misinforms, attempts to influence the recruitment process, tries to obtain support for their candidature by inappropriate means, or tampers with evidence of age, educational, or other certificates will be disqualified from this and any future RPP recruitment process, even if otherwise eligible.

Application Note

Apply online at sbp.org.pk/careers/status.asp. No application fee mentioned in the ad. Applications by email or in person, or not conforming to stated requirements, will not be entertained; only shortlisted candidates will be contacted.

Compensation Note

Competitive market-based compensation package backed by attractive salary and well-rounded benefits structure as per the organization's rules; no specific figure disclosed in the advertisement.

Parent Organization

Raast Payments Pakistan (Private) Limited (RPP) is a wholly SBP-affiliated payment system operator that runs Pakistan's Raast instant payment scheme; this posting appeared on the State Bank of Pakistan's official careers portal (sbp.org.pk/careers).

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