Job Specification:
• Ensure effective operational excellence in all aspects of Debt Management Office operations i.e.
o Governance framework implementation,
o Debt recording and servicing payments,
o Legal documentation e.g. ISDAs, Loan Contracts, Guarantee Agreements etc
o Operational & Fraud/compliance Risks which lead to reputation damage and/or financial loss to the GOP,
o HR (in consultation with DG Debt/Advisor Debt),
o IT – Data Security and Back-ups and
o Audit facilitation as approved by Finance Secretary, DG Debt, and Advisor Debt
• Drive continuous improvement and prepare global benchmarks in public borrowing strategies, operational processes, and debt management frameworks.
• Provide inputs in the overall DMO strategy, in developing budgets and in setting development and training expectations for teams.
• Hold regular meetings with other direct reports of the DG Debt/Advisor Debt to ensure that Operations are running smoothly and that any risk/compliance issue highlighted is addressed immediately with additional safeguards of risk controls to minimize possibility of repetition.
• Institutionalize coordination with other teams within MoF, EAD and the State Bank of Pakistan to ensure effective and timely compliance with all statutory and other reporting obligations such as budgets, projections, debt bulletins, debt sustainability reviews, and annual statements.
• Responsible for timely execution of all Audit and IT projects.
• Facilitate and actively participate in Domestic Borrowing Committee and Cash Management meetings in consultation with other Directors, and coordinate periodic meetings of the Debt Coordination Committee in consultation with the Finance Secretary, DG Debt, and the Advisor Debt.
• Perform other tasks as delegated by the DG Debt / Advisor Debt or required under the Fiscal Responsibility and Debt Limitation Act, 2005.
Educational Qualification:
• Minimum 16 years of education / Master’s degree in Finance, Economics, Public Policy or a related field from an HEC-recognized or internationally reputable institution; OR
• Any one of the following professional qualifications:
o Chartered Financial Analyst (CFA) Charter-holder
o Fellow of the Institute of Chartered Accountants of Pakistan (FCA)
o FRM
Experience Requirement:
• Minimum 12 years of relevant professional experience in public debt management, treasury, or financial / capital markets.
Skills Requirement:
• Practical working knowledge of the inter-linkages between debt management, monetary policy, cash management, and fiscal operations.
• Detailed understanding of Governance, Risk and Control (GRC) framework for Treasury and Debt operations.
• Practical experience with relevant IT systems and financial platforms (e.g., Bloomberg, Reuters, Excel).
• Strong leadership, negotiation, and communication skills. Must be member-oriented, and possess the ability to guide and inspire outstanding performance. This position will be a part of a dynamic team and will be responsible for contributing to the development, implementation and administration of DMO’s strategic goals and objectives.
• Forward-thinking and creative leader with the ability to drive innovation, specifically regarding intersection of debt markets and technology. A decisive individual who possesses a strategic focus, as well as an operational and detail-oriented perspective.
• Strong command of the English and Urdu languages, particularly for engagement with domestic and international stakeholders.