Introduction
Zarai Taraqiati Bank Limited (ZTBL), formerly known as the Agricultural Development Bank of Pakistan, is one of the largest and most trusted financial institutions in the country. With a strong “AAA” rating and an extensive network of over 500 branches nationwide, ZTBL has been playing a key role in supporting the agricultural and financial sectors of Pakistan. Over the years, the bank has evolved into a dynamic institution offering modern banking services alongside specialized products to meet the needs of diverse clients.
In line with its strategy to further strengthen its operations, ZTBL has announced career opportunities for talented and result-oriented professionals in its Islamic Treasury Back Office, Karachi. The bank is inviting applications for the role of Money Market Settlement Officer (OG-II/OG-I). This is a specialized position that requires both technical expertise and professional maturity, providing candidates with an excellent opportunity to build a career in one of the most reputable financial institutions of Pakistan.
This article provides an in-depth look into the ZTBL recruitment drive for 2025, covering job details, eligibility criteria, responsibilities, benefits, application process, and career tips for aspirants.
Job Overview
| Detail | Information |
|---|---|
| Organization | Zarai Taraqiati Bank Limited (ZTBL) |
| Position | Money Market Settlement Officer |
| Grade | OG-II / OG-I |
| Location | Islamic Treasury Back Office, Karachi |
| No. of Positions | 2 |
| Minimum Qualification | Bachelor’s Degree from an HEC-recognized institute/university (national or international) |
| Experience | At least 3 years of relevant settlement experience |
| Age Limit | Maximum 35 years (as on closing date) |
| Deadline | 31st August 2025 |
| Application Method | Online at ZTBL Careers Portal |
| Compensation | Market-competitive remuneration |
| Equal Opportunity | Females and persons with disabilities are encouraged to apply |
About Zarai Taraqiati Bank Limited (ZTBL)
ZTBL is a state-owned financial institution that has been serving Pakistan’s agricultural sector for decades. With its specialized focus on financing farmers, agriculture-related businesses, and rural development, ZTBL has contributed significantly to enhancing productivity and financial inclusion.
The bank is also modernizing rapidly, offering Islamic banking, digital banking, treasury operations, and corporate financial services. Being “AAA” rated, ZTBL ensures stability, transparency, and trust in its operations, making it one of the most sought-after employers for banking professionals across Pakistan.
Role of Money Market Settlement Officer
The position of Money Market Settlement Officer is a highly technical and crucial role within the Islamic Treasury Back Office (Karachi). It requires precision, analytical skills, and a solid understanding of money market operations. The officer will report directly to the Head of Settlement and will be responsible for ensuring smooth, accurate, and compliant settlement of money market transactions.
Key Responsibilities:
- Settlement and accounting of Islamic Treasury Money Market deals.
- Handling RTGS and Raast system activities under the four-eye principle.
- Preparing and managing blotters and reconciling them with Treasury Front Office records.
- Reconciliation of bank accounts and management of vouchers, advices, deals, and cheques from SBP and other banks.
- Ensuring timely and accurate reporting through DAP, MMCRS, and other regulatory/statutory frameworks.
- Handling NIFT clearing and coordinating with the Head Office Clearing Branch.
- Preparing reports for:
- Investment positions
- Outstanding call borrowing/lending
- Placement positions
- Performing any other duties as assigned from time to time.
This role is central to ensuring compliance, financial accuracy, and efficiency in ZTBL’s Islamic Treasury operations.
Eligibility Criteria
To apply for the Money Market Settlement Officer position at ZTBL, candidates must meet the following conditions:
Academic Qualification
- Minimum Bachelor’s Degree from an HEC-recognized national or international university/institute.
- Candidates with finance, banking, economics, or business administration degrees will have an advantage.
Professional Experience
- Minimum three (03) years of relevant experience in settlement operations, preferably in Islamic banking or treasury.
- Strong knowledge of RTGS, Raast, and clearing systems will be a plus.
Age Limit
- Maximum 35 years as of the closing date of applications (31st August 2025).
Skills Required
- Strong communication, interpersonal, and teamwork skills.
- Analytical and problem-solving abilities.
- Adaptability and flexibility in handling dynamic banking operations.
- Attention to detail and accuracy in settlement processes.
Ineligibility Conditions
- Dual nationality holders are not eligible.
- Applicants convicted by any court of law are also ineligible.
Benefits of Working at ZTBL
ZTBL offers its employees a wide range of benefits, making it one of the most attractive employers in Pakistan’s financial sector:
- Market-competitive salary package.
- Opportunities for career advancement in a “AAA” rated bank.
- Job security with a prestigious financial institution.
- Exposure to Islamic Treasury and money market operations.
- Professional development and training opportunities.
- Equal opportunity for women and persons with disabilities.
- Work in a highly professional and growth-oriented environment.
Application Process
Candidates interested in applying for this position should carefully follow the procedure below:
- Visit the official careers page: ZTBL Careers Portal.
- Select the job title “Money Market Settlement Officer (OG-II/OG-I)”.
- Complete the online application form.
- Upload required documents, including:
- Updated CV
- Educational certificates
- Experience letters
- CNIC copy
- Apply before the deadline: 31st August 2025.
Important Notes:
- Only online applications will be accepted.
- Applications received after the due date will not be considered.
- Only shortlisted candidates will be contacted for interviews.
- No TA/DA will be admissible for appearing in the interview.
Selection Process
The recruitment process at ZTBL is highly competitive and merit-based. It consists of:
- Screening and Shortlisting – Applications will be scrutinized to ensure candidates meet eligibility criteria.
- Interview – Shortlisted candidates will be invited for an interview to assess technical knowledge, analytical skills, and overall suitability for the role.
- Final Selection – Based on merit, performance in interviews, and background checks.
Tips for Applicants
To enhance your chances of securing this role:
- Highlight your experience in settlement and treasury operations in your CV.
- Demonstrate familiarity with RTGS, Raast, and regulatory reporting frameworks.
- Emphasize analytical, communication, and teamwork skills during the interview.
- Tailor your application to reflect ZTBL’s focus on Islamic treasury operations.
- Apply early to avoid last-minute issues with the online system.
Final Thoughts
The ZTBL Money Market Settlement Officer Jobs 2025 are an excellent opportunity for professionals with experience in banking settlement and treasury operations. With ZTBL’s strong reputation, nationwide presence, and commitment to excellence, successful candidates will not only enjoy job security and financial stability but also gain valuable exposure to specialized Islamic financial systems.
If you are a young, ambitious professional under the age of 35 with the required skills and settlement experience, this could be your gateway to a rewarding and long-term career with one of Pakistan’s leading financial institutions.
