About Us

Karandaaz Pakistan is a not-for-profit organization, based out of Islamabad, registered with the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Act 2017. The entity has been seeded by Enterprise and Asset Growth Programme of UK’s Foreign, Commonwealth & Development Office (FCDO) and our digital finance initiatives are being funded by Bill and Melinda Gates Foundation (BMGF).

Karandaaz is guided by the vision of Investing for Shared Prosperity, and driven by the mission to enhance capabilities of the financial and digital ecosystem through investments, innovations, and strategic partnerships for inclusive, green and sustainable growth.

Karandaaz Capital provides wholesale structured credit and equity-linked direct growth capital investments in micro, small and mid-size enterprises that have the potential to contribute to sustainable growth and employment generation in Pakistan.

Position Summary:

Karandaaz is seeking a Senior Analyst Innovative Lending Program in the Corporate Investment & Credit (CIC) team who will be primarily responsible for creating financial models, analyze financial statements, participate in commercial and financial due diligence, assessment of potential investment opportunities, monitoring of the borrower companies, and assist in conducting pilots of innovative financing solutions for the SMEs.

Job Responsibilities

Borrower Origination and Analysis

• Originate new clients through analysis of financial standing and creditworthiness of potential borrowers.
• Conduct financial analysis (historical and projections) of clients and their investment projects, and recommend conditions for credit relationships.
• Assess the impact and additionality that will be created through loans.

Loan Proposals and Documentation

• Prepare loan proposal and essential documents, presentations, and research reports necessary to make a credit decision.
• Review and participate in investment negotiations and finalization of transaction documentation.
• Establish and maintain quality client relationships to ensure responsive client service and enhance new business opportunities.
• Support actions and processes aimed at improving the credit process.
• Cooperate with other teams (i.e., Risk, Finance, Procurement, Monitoring and Evaluation, and banking partners) on a daily basis to ensure the most efficient credit service for debt portfolio companies.
• Prepare high-quality submissions for the Investment Committee, including memoranda.

Portfolio Monitoring

• Monitor the performance of portfolio companies, including performance in relation to business plan and KPIs.
• Collaborate with Finance and Monitoring & Evaluation to track, monitor, and evaluate portfolio performance and financial situation of clients, including analysis of industry trends, external and internal early warning signals, and take adequate actions to mitigate identified risks and generate impact assessment reports.
• Prepare documentation for Karandaaz’s internal processes, including creating and maintaining annual work plans and supporting internal and external audits.
• Perform any other tasks necessary to ensure the optimum performance of the CIC department.

Eligibility Criteria

Education & Experience

• Bachelor’s/Master’s or equivalent degree from a reputable institution. Individuals with a specialization in Finance and CFA qualification will be preferred.
• 3-5 years of corporate/commercial/investment banking experience in top-tier banks including demonstrated experience of creating financial models.

Knowledge, Skills & Abilities

• Understanding of a not-for-profit organization
• Good knowledge of business finance and basics of financial analysis
• Good knowledge of accounting regulations
• Expert level skill in Microsoft Office (Excel, Word, PowerPoint)
• Intermediate level skill in Google Suite
• Strong command over oral and written English. Should be fluent in Urdu.
• Strong analytical skills
• Strong problem-solving skills
• Sound business judgment to identify issues and present creative and practical solutions
• Strong coordination and interpersonal skills
• Demonstrated teamwork skills
• Ability to manage and complete multiple projects simultaneously and meet deadlines under pressure

Culture and Values at Karandaaz

Karandaaz culture is guided by our values of Integrity, Diversity, Entrepreneurship, Appreciation and Learning Acumen (IDEAL). These values shape our choices on what we do and the approach that we take towards it, both with colleagues internally and partners externally. We also believe that we are all responsible for creating a great place to work and are constantly looking to hire individuals who bring the same level of passion and commitment to the purpose of the organization.

If you believe in the Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position.

Karandaaz is an equal opportunity employer and encourages applications by all population groups.