Exciting Career Opportunity: Commissioner Position at Securities and Exchange Commission of Pakistan (SECP)
The Finance Division of Pakistan has announced an exciting opportunity for a high-caliber professional to join the Securities and Exchange Commission of Pakistan (SECP) as a Commissioner. This prestigious position calls for an individual with strong qualifications, relevant experience, and a commitment to upholding integrity in Pakistan’s financial and securities markets. If you have a background in finance, corporate law, or a related field, this could be an ideal role to advance your career and contribute to the country’s regulatory framework.
Position Overview: Commissioner at SECP
The SECP plays a critical role in regulating Pakistan’s capital markets, insurance sector, and corporate entities, making it one of the most significant regulatory bodies in the country. The Commissioner will be responsible for overseeing and ensuring the integrity of the securities market while providing guidance on regulatory matters. Here are the key requirements and details for this position:
Eligibility Criteria
To qualify for the Commissioner role, candidates must meet the following criteria:
- Educational Requirements:
- Master’s Degree: Candidates must hold at least a Master’s degree in disciplines such as Corporate Law, Economics, or MBA with a focus on Accounting and Finance.
- Professional Qualifications: Candidates with certifications like Chartered Accountant (CA), Cost and Management Accountant (CMA), Association of Chartered Certified Accountants (ACCA), Certified Public Accountant (CPA), or Associate Chartered Accountants (ACA) are also eligible.
- Prestigious Institutions: Preference will be given to candidates with qualifications from high-ranking foreign institutions.
- Experience:
- Candidates must possess a minimum of 10 years of diverse experience in fields related to Securities and Financial Markets, Insurance, or Industry.
- The candidate should have demonstrated competence in handling matters concerning the securities market, including regulatory issues.
- Personal Qualities:
- The Finance Division seeks a candidate who is known for their ability, integrity, and professional standing in the field.
- Age Limit:
- The maximum age limit for the Commissioner position is 62 years at the time of appointment.
Emoluments and Tenure
The selected candidate will receive a competitive compensation package in accordance with the Finance Division’s policies. This package is designed to attract top talent and is aligned with the responsibilities of this high-level regulatory position.
Tenure:
The appointment will be made on a contractual basis for three years. The contract may be subject to renewal depending on performance and mutual agreement.
Conditions for Joining
Candidates currently employed in government or semi-government sectors, international financial institutions, or private organizations must resign from their current positions upon selection. Acceptance of resignation from the prior role is mandatory before assuming the Commissioner position. This condition underscores the importance of maintaining transparency and avoiding potential conflicts of interest.
How to Apply for the Commissioner Position
The application process is straightforward and involves the following steps:
- Online Application:
Candidates should submit their application through the official job portal of the National Information Technology Board (NITB) at https://njp.gov.pk by November 07, 2024. - Submission of CV and Cover Letter:
After completing the online application, applicants are also required to email their updated CV in PDF format along with a cover letter. The cover letter should include:- Name, Date of Birth, and Qualification
- Relevant Experience
- Contact Information, including Email and Phone Number
- Current Position, Postal Address, and CNIC Number
Email Address for Submission: so.inv2@finance.gov.pk
Why Consider the SECP Commissioner Role?
Becoming a Commissioner at SECP offers a unique opportunity to impact the financial and securities landscape of Pakistan. As a Commissioner, you’ll have a significant role in shaping policies, fostering transparency, and safeguarding the integrity of the capital market. Here are a few reasons to consider this role:
- Leadership and Influence: This is a leadership role in one of the country’s top regulatory bodies, providing the platform to make substantial contributions to Pakistan’s financial systems.
- Professional Growth: The role is challenging and offers the potential for tremendous personal and professional development.
- Competitive Compensation: SECP provides an attractive salary package, making this a financially rewarding opportunity.
- Contribute to National Development: By enhancing the regulatory framework, you’ll be contributing to Pakistan’s financial stability and economic growth.
About Securities and Exchange Commission of Pakistan (SECP)
The SECP, under the Ministry of Finance, regulates Pakistan’s securities markets, insurance companies, and corporate sector, ensuring that market practices align with international standards. It plays a pivotal role in Pakistan’s economic development by safeguarding investor interests, facilitating capital formation, and promoting fair and efficient markets.
Application Deadline
The deadline for applications is November 07, 2024. Interested candidates should ensure they complete all required steps by this date.
For additional details, visit the Finance Division’s website at www.finance.gov.pk or the SECP’s website at www.secp.gov.pk.
FAQs
- What qualifications are required for the SECP Commissioner position?
A Master’s degree in fields like Corporate Law, Economics, or an MBA in Accounting & Finance. Professional certifications such as CA, ACCA, or CMA are also acceptable. - What is the age limit for this position?
The maximum age for applicants is 62 years at the time of appointment. - How can I apply for this role?
Applications should be submitted through the NITB job portal at https://njp.gov.pk and an updated CV sent to so.inv2@finance.gov.pk. - What is the duration of the appointment?
The appointment is for three years, with a possibility of renewal based on mutual agreement. - What is the role of SECP in Pakistan?
SECP regulates the securities market, insurance sector, and corporate entities, ensuring fair and transparent practices in line with international standards.
