ZTBL Bank Karachi Jobs For Settlement Officer

ZTBL Jobs 2025-A Guide to the Settlement Officer Role

ZTBL seeks a Money Market Settlement Officer (OG-I/OG-II) for its Islamic Treasury in Karachi. Requires a Bachelor’s degree and 3 years of settlement experience. Apply online by August 31, 2025.

Zarai Taraqiati Bank Limited (ZTBL), a ‘AAA’ rated and renowned specialized financial institution, has announced Career Opportunities for energetic and challenge-oriented professionals. The bank is inviting applications for positions within its Islamic Treasury Back Office, Karachi.

Industry Overview: The Engine of Agri-Finance

A career at ZTBL is an opportunity to join Pakistan’s premier agricultural development bank. With a vast network of over 500 branches and a top-tier credit rating, ZTBL is a cornerstone of the national economy. This role is situated within the highly specialized and dynamic area of Islamic Treasury, a rapidly growing sector in global finance. It is a position for a professional who thrives on precision and compliance, ensuring the seamless and Shariah-compliant execution of the bank’s treasury operations.

Current Market Demand

The current market demand is for a highly specialized professional: a Money Market Settlement Officer. This is not a general banking role but a critical back-office function that serves as the final checkpoint for high-value treasury transactions. ZTBL is seeking individuals with proven expertise in the settlement process, particularly within an Islamic finance context. The emphasis on handling RTGS and Raast systems, reconciling with the Treasury Front Office, and managing regulatory reporting (DAP, MMCRS) indicates a need for a meticulous and detail-oriented expert who can ensure 100% accuracy and compliance in a fast-paced environment. The requirement for two officers suggests a strengthening of this vital operational unit.

Required Qualifications & Vacancy Details

ZTBL is looking to fill the following positions in Karachi.

Position: Money Market Settlement Officer
Grade: OG-II / OG-I
Number of Positions: 2
Qualification: Minimum Bachelor’s degree from an HEC-recognized institute/university.
Experience: Minimum three (03) years’ experience in settlement.
Age Limit: Maximum age of 35 years as on the closing date to apply.

Key Job Responsibilities:

Settlement and accounting of Islamic Treasury Money Market deals.
Handling RTGS and Raast system activities under the four-eye principle.
Managing blotters and reconciling them with the Treasury Front Office.
Reconciliation of bank accounts and management of vouchers, advices, deals, and cheques.
Responsible for DAP, MMCRS, and other regulatory/statutory reporting.
Handling NIFT clearing and coordinating with the Head Office Clearing Branch.
Preparing reports for investment positions, outstanding call borrowing/lending, and placement positions.

Application Process: Your Step-by-Step Guide

The application process is entirely online. The deadline for submission is August 31, 2025.

Visit the ZTBL Jobs Portal: Interested candidates must apply online through the official ZTBL website: https://www.ztbl.com.pk/jobs
Find the Vacancy: Locate the advertisement for “Money Market Settlement Officer”.
Submit Your Application: Complete the online application form with accurate information and submit it before the deadline.

Please Note: Only online applications submitted by the due date will be accepted.

Expert Tips for Applicants

Highlight Your Settlement Experience: This is the most critical requirement. Your CV must clearly detail your 3+ years of experience in the settlement of money market instruments, your familiarity with systems like RTGS/Raast, and your expertise in bank and SBP reconciliations.
Showcase Your Islamic Finance Knowledge: While not explicitly required, any experience with Islamic Treasury products (e.g., Murabaha, Ijarah, Sukuk) would be a significant advantage and should be prominently featured in your application.
Emphasize Your Soft Skills: The ad mentions the need for excellent communication, analytical, interpersonal, adaptability, and teamwork skills. Be prepared to provide examples of these in your interview.
Equal Opportunity Employer: ZTBL explicitly encourages females and persons with disabilities (PWDs) to apply, highlighting its commitment to a diverse and inclusive workforce.
Check Your Eligibility: Before applying, ensure you meet the strict criteria regarding age (max 35), nationality (no dual nationality), and legal record (no convictions).