National Bank of Pakistan NBP Jobs For Risk Analysts

NBP is hiring a Risk Analyst (OG-I/II) for its Operational Risk division in Karachi. Requires a degree in Maths/Stats/Finance/CS & 1+ year banking experience. Apply via Sidat Hyder.

The National Bank of Pakistan (NBP), revered as “The Nation’s Bank,” has announced an opening for a talented and dedicated professional to join its team. In line with its strategy to transform into a future-fit and agile institution, the bank is seeking to fill the position of Risk Analyst – Operational Risk (OG-II / OG-I) based at its Karachi offices.

Industry Overview: The Bedrock of National Financial Stability

A career at the National Bank of Pakistan is an opportunity to contribute to the financial well-being of the nation. As one of the country’s largest and leading banks, NBP plays a pivotal role in enabling sustainable growth and inclusive development. The Risk Management function within NBP is not just about compliance; it’s the core of the bank’s stability and integrity. This role places you at the center of safeguarding a national institution, protecting it from the operational risks inherent in a modern, complex banking environment, and ensuring its long-term resilience.

Current Market Demand

This position reflects the banking sector’s critical demand for professionals with sharp analytical and quantitative skills. NBP is looking for a Risk Analyst who can do more than just follow procedures; they need someone who can identify, assess, and help mitigate operational risks. The preference for graduates in Mathematics, Statistics, Finance, or Computer Science highlights a need for individuals who are comfortable with data and can contribute to a robust risk framework. This OG-II / OG-I level position is an ideal entry point for a professional with at least one year of banking experience to build a specialized and highly sought-after career in operational risk management within a premier financial institution.

Required Qualifications & Vacancy Details

NBP is looking to fill the following key position within its Risk Management division.

Position / Job Title: Risk Analyst – Operational Risk
Grade: OG-II / OG-I
Reporting to: Wing Head – Operational Risk & Fraud Risk Management
Employment Type: Contractual (3 years, renewable at management’s discretion)

Educational & Professional Qualification:

Minimum: Graduation or equivalent, preferably in Mathematics, Statistics, Finance, Computer Science, or Actuarial Sciences from an HEC-recognized institution.
Advantage: A first-class Bachelor’s/Master’s degree and/or relevant professional qualifications/certifications would be an added advantage.

Experience:

A minimum of one (01) year of banking experience.
Candidates with experience in a relevant field (Risk Management, Audit, Compliance) will be preferred.

Key Skills Required:

Good analytical skills with an aptitude for identifying and assessing risks.
Basic knowledge of risks, controls, and regulatory requirements.
Effective communication and presentation skills.

Outline of Main Duties/Responsibilities:
The Risk Analyst will be responsible for assisting in the implementation and embedding of the Operational Risk (OR) framework. This includes developing Risk and Control Self-Assessments (RCSAs), proposing Key Risk Indicators (KRIs), maintaining a complete MIS of operational incidents and losses, performing root cause analysis, and providing value-added feedback on the bank’s policies and procedures from an operational risk perspective.

Application Process: Your Step-by-Step Guide

The last day to apply online is August 26, 2025 (calculated as 10 working days from the advertisement’s publication).

The application process is managed by Sidat Hyder Morshed Associates and must be completed online.

Visit the Application Portal: Interested candidates must visit the Sidat Hyder careers website: www.sidathyder.com.pk/careers.
Locate the Position: Find the NBP Risk Analyst vacancy on the portal.
Apply Online: Follow the given instructions to fill out the application form and submit your details.

Note: Applications received after the due date will not be considered. No TA/DA will be admissible for the test/interview.

Expert Tips for Applicants

Highlight Your Quantitative Background: Your degree in Maths, Stats, Finance, or CS is a key asset. On your CV, highlight projects or coursework that demonstrate your analytical and quantitative abilities.
Show You Understand “Operational Risk“: In your application, demonstrate a basic understanding of operational risk (the risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events). Connect any prior experience to identifying or mitigating such risks.
Tailor Your CV for a Third-Party Recruiter: Sidat Hyder will conduct the initial screening. Ensure your CV is professional, well-formatted, and clearly addresses all the requirements mentioned in the advertisement to pass this crucial first step.
Prepare for a Technical Interview: Be ready to discuss your understanding of risk concepts, banking regulations (especially SBP guidelines), and how you would approach the analysis of an operational incident.