Specialist / Senior Specialist - Product Management & Delivery, Raast Payments Pakistan

About This Job

Raast Payments Pakistan (Private) Limited (RPP), the State Bank of Pakistan's dedicated instant-payments subsidiary that operates the country's Raast real-time payment system, has advertised for a Specialist / Senior Specialist in Product Management & Delivery. The role sits at the heart of RPP's product function: translating business and ecosystem requirements for Raast's payment products and use cases into functional designs, transaction flows, and implementation requirements, reviewing participant, vendor, and internal technology inputs against approved requirements, and coordinating implementation activities with participant banks, RPP's own technology teams, and external application vendors through system integration testing, user acceptance testing, and market rehearsals. Neither the exact number of vacancies nor the split between the Specialist and Senior Specialist grades is disclosed in the advertisement, which was published on the State Bank of Pakistan's official careers portal alongside three companion Raast Payments Pakistan openings advertised in the same batch.

Candidates need sixteen years of education - a Bachelor's or Master's degree from an HEC-recognized Pakistani institution or a reputable foreign university - in Computer Science, Information Technology, Software or Computer Engineering, Information Systems, Business Analytics, Business Administration, Commerce, Economics, Finance, or a closely related discipline, with an additional postgraduate qualification or professional certifications such as ECBA, CCBA, CBAP, PSM, CSM, SAFe, PMP, or PRINCE2 counted as an advantage. The maximum age is capped at 40 years as reckoned from the date of advertisement, with no minimum age stated in the ad (18 applied here as the standard adult floor) and no domicile restriction specified beyond eligibility to work in Pakistan. Applicants for the Specialist tier need at least two years of relevant experience in digital payments, banking technology, fintech, business analysis, system integration, or technology implementation, rising to a minimum of five years of the same for the Senior Specialist tier, with hands-on exposure to APIs, ISO 20022 message flows, or independent ownership of a payment use case through to production release viewed favourably; RPP describes itself as an equal-opportunity employer and specifically encourages applications from women, minority candidates, transgender persons, and persons with disabilities.

Interested and eligible candidates must apply online through the State Bank of Pakistan's careers portal at sbp.org.pk/careers/status.asp; the advertisement does not mention any application fee, and submissions made by email, in person, or that do not conform to the stated requirements will not be entertained, with only shortlisted candidates contacted for the next stage. RPP additionally warns that any candidate found to have misrepresented information, attempted to influence the recruitment process, or tampered with age or educational documents will be disqualified from this and any future RPP recruitment drive even if otherwise eligible. Compensation is described only as a competitive, market-based package with benefits as per the organization's own rules, with no specific salary figure disclosed in the ad. The last date to submit applications is 14 September 2026, so candidates who meet the education, age, and experience criteria should prepare their documents and apply well 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 Computer Science, Information Technology, Software or Computer Engineering, Information Systems, Business Analytics, Business Administration, Commerce, Economics, Finance, or a related discipline. Preferred: additional postgraduate degree in Computer Science, Information Systems, Business Analytics, or Business Administration; certifications in business analysis (ECBA, CCBA, CBAP), agile delivery (PSM, CSM, SAFe), project management (PMP, PRINCE2), or payment systems.
• Experience: Specialist: minimum 2 years of relevant experience in digital payments, banking technology, fintech, business analysis, system integration, or technology implementation. Senior Specialist: minimum 5 years of the same. Preferred: exposure to APIs, integration testing, transaction processing, ISO 20022 message flows, participant interfaces, or independent ownership of a payment use case through to production release.

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

Supports the design, analysis, implementation and continuous improvement of assigned Raast products, use cases and payment solutions; translates business/ecosystem requirements into functional designs and transaction flows; coordinates implementation activities with participants, technology teams and vendors.

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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