Raast Payments Pakistan (Private) Limited is inviting applications for the position of Specialist / Senior Specialist – Product Management & Delivery. The opportunity is aimed at professionals interested in product development, digital payments, implementation management and the continued development of Pakistan’s national instant payment infrastructure.
Raast Payments Pakistan is a wholly owned subsidiary of the State Bank of Pakistan and is responsible for operating, enabling and developing the Raast payment system. Raast provides real-time digital payment infrastructure for individuals, businesses, financial institutions and government entities across Pakistan.
The Product Management & Delivery position combines business analysis, payment-product development, implementation coordination and technical understanding. The selected professional will contribute to the design and improvement of Raast products and payment use cases while working with participating institutions, technology teams and service providers.
Job Details
Position: Specialist / Senior Specialist – Product Management & Delivery
Organization: Raast Payments Pakistan (Private) Limited
Sector: Financial Services / Digital Payments
Location: Karachi, Sindh, Pakistan
Employment: Professional career position
Application Method: Online
Last Date: 14 September 2026
Salary: Competitive market-based compensation package
Benefits: Benefits according to the organization's applicable rules
Raast Payments Pakistan lists Karachi as its headquarters, with its primary location at the State Bank of Pakistan on I.I. Chundrigar Road.
About the Product Management & Delivery Role
The Specialist / Senior Specialist – Product Management & Delivery will support the development, analysis, implementation and continuous improvement of Raast products and payment solutions.
A major part of the position involves turning business and payment-ecosystem requirements into workable product designs, transaction flows and implementation requirements. The role also involves coordinating implementation activities and helping resolve issues that may arise during integration, testing or production.
This makes the vacancy particularly relevant for professionals whose experience combines product management, business analysis, digital payments, payment technology, financial services or technology-led implementation projects.
Key Responsibilities
The selected candidate will contribute to the analysis and development of new and existing Raast products and use cases. This may include assessing business requirements, transaction processes, settlement behaviour, participant responsibilities and dependencies that affect implementation.
The role also involves preparing and reviewing product and functional documentation, including process flows, use-case specifications, feasibility work and other material required for business and technical decision-making.
Implementation is another important part of the position. The successful candidate will coordinate with participating institutions, internal technology teams and application vendors, track agreed milestones and dependencies, and support testing and issue resolution.
The position also requires involvement in integration testing, user acceptance testing and market-readiness activities. Candidates may be expected to examine failed transactions or implementation issues, collect supporting information and help identify the cause before escalation or corrective action.
Product and Payment System Knowledge
Candidates applying for this position should be comfortable working in an environment where business requirements and technology are closely connected.
The official role description refers to areas including payment transaction flows, integration patterns, participant interfaces, settlement processes, Raast APIs and ISO 20022 messaging. The selected professional is expected to develop sufficient working knowledge of these areas to support product delivery and implementation.
Professionals with experience in digital banking, fintech, instant payments, payment gateways, financial technology, banking products or large technology implementations may therefore find the role particularly relevant.
Implementation and Testing Responsibilities
A Product Management & Delivery professional is not limited to conceptual product planning. The role continues through implementation, testing and release preparation.
The successful applicant may work with business and technology stakeholders to follow implementation progress, identify unresolved dependencies, analyse technical or operational issues and confirm whether corrective actions have been completed.
The position also contributes to change requests, from defining the original problem and assessing its impact through requirements clarification, development coordination, testing and readiness for implementation.
Skills Relevant to the Position
Applicants should make sure their CV clearly demonstrates experience relevant to the advertised work. Depending on their professional background, useful areas to highlight can include:
- Product management
- Digital payment products
- Business analysis
- Financial technology
- Banking technology
- Payment system implementation
- Business and functional requirements
- Process and transaction-flow design
- System integration projects
- User acceptance testing
- Project and stakeholder coordination
- Production issue analysis
- API-based integrations
- Payment settlement processes
- Product documentation
- Change management
Candidates should only claim skills and experience that they can demonstrate through their actual employment or project history.
Qualification and Eligibility
The newspaper advertisement directs applicants to the official online recruitment portal for the complete qualification, eligibility criteria, job description and other position-specific requirements.
Candidates should therefore review the detailed eligibility requirements on the official careers portal before submitting an application.
Applicants should not assume eligibility solely from the job title. The information entered in the online application should be consistent with supporting educational and professional documents.
Salary and Benefits
Raast Payments Pakistan has announced a competitive market-based compensation package supported by an attractive benefits structure under the organization's applicable rules. A specific monthly salary figure has not been published for this vacancy.
Actual compensation may therefore depend on the position level, relevant experience, professional background and the organization's selection process.
Job Location
The position is associated with Raast Payments Pakistan in Karachi, Sindh, Pakistan.
The organization's listed primary location is:
State Bank of Pakistan, I.I. Chundrigar Road, Karachi, Pakistan.
Deadline
The last date to apply is 14 September 2026.
Applications should be submitted through the official online recruitment system before the closing date. The employer states that applications that do not comply with the advertised requirements will not be entertained, and only shortlisted applicants will be contacted.
How to Apply
Interested candidates who meet the required eligibility criteria should submit their application through the official State Bank of Pakistan careers portal.
Before submitting the application:
- Select the relevant Raast Payments Pakistan recruitment advertisement.
- Open the vacancy for Specialist / Senior Specialist – Product Management & Delivery.
- Review the complete eligibility criteria and job description.
- Enter educational and professional information accurately.
- Provide the required supporting information or documents.
- Review the application carefully before final submission.
- Submit the application before 14 September 2026.
Only shortlisted candidates will proceed to the next stage of recruitment.
Why This Opportunity May Be Relevant
Pakistan’s digital payment infrastructure has expanded significantly through Raast, which provides instant payment connectivity across banks, microfinance institutions, government entities and regulated fintech companies.
Raast Payments Pakistan is responsible for the operational management and continued development of this national payment infrastructure. The Product Management & Delivery position therefore offers professionals an opportunity to work directly on products and implementations connected with Pakistan’s growing digital payments ecosystem.
FAQs
What position is available at Raast Payments Pakistan?
The advertised position covered here is Specialist / Senior Specialist – Product Management & Delivery.
Which organization is hiring?
The employer is Raast Payments Pakistan (Private) Limited, a wholly owned subsidiary of the State Bank of Pakistan.
Where is the job located?
The opportunity is based in Karachi, Sindh, Pakistan.
What is the last date to apply?
The closing date for online applications is 14 September 2026.
How can candidates apply?
Applications must be submitted online through the official State Bank of Pakistan careers portal.
What does the Product Management & Delivery role involve?
The role includes product and use-case analysis, business and functional design, implementation coordination, testing support, issue analysis, stakeholder coordination and continuous improvement of Raast payment solutions.
Is knowledge of payment technology relevant?
Yes. The official job description refers to areas such as Raast APIs, ISO 20022 message flows, integration patterns, participant interfaces and settlement processes.
Is the salary mentioned?
A fixed salary amount is not disclosed. The employer offers a competitive market-based compensation package with benefits according to organizational rules.
Will every applicant be contacted?
No. Only shortlisted candidates will be contacted for the next stage of recruitment.
