Assistant Director – External Debt

Job Specification:

• Structuring, documentation, and execution of external debt transactions, including international bonds, commercial loans, and other market-based instruments.
• Preparation of technical comments on draft loan and financing agreements of multilateral and bilateral loans as well as amortization schedules.
• Coordination with the Economic Affairs Division (EAD), External Finance Wing, and other ministries to gather data and support processing of bilateral and multilateral financing arrangements.
• Conducting financial analysis to evaluate terms and sustainability implications of proposed external borrowing.
• Preparation of monthly external debt service forecasts, as well as monitoring and reporting actual inflows and outflows.
• Preparation of debt service projections and ensure their integration into budgetary estimates.
• Preparation of statutory debt publications including the Debt Bulletin, Debt Policy Statement, Medium-term debt strategy, and Annual Borrowing Plan.
• Preparation of responses to external debt–related queries from credit rating agencies and other stakeholders.
• Perform other tasks as delegated by the Director / 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, 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 FRM

Experience Requirement:

• Minimum 7 years of relevant experience in one or more of the following domains: External debt management, sovereign financing, treasury operations, loan structuring.

Skills Requirement:

• Understanding of the inter linkages between debt management, monetary policy, cash management, and fiscal operations.
• Understanding of both market and non-market (e.g., IFIs) sources of financing and their respective terms.
• Practical experience with relevant IT systems and financial platforms (e.g., Bloomberg, Reuters, Excel).
• Excellent command of written and spoken English and Urdu, with strong drafting and analytical capabilities.
• Ability to work collaboratively, deliver under tight timelines, and support senior management with high-quality analysis and documentation.