Associate Credit

About Us

Guided by the Karandaaz Vision, we believe that every Pakistani deserves to be Financially Included and Economically Empowered. Our Mission at Karandaaz is to Foster economic growth and create jobs through financial inclusion of unbanked individuals and unserved enterprises.

Karandaaz Pakistan is a Non-profit organization, based in Islamabad, registered with the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Act 2017. We are supported by Foreign Commonwealth & Development Office (FCDO) and Bill & Melinda Gates Foundation (BMGF). Karandaaz is governed by an eminent board who set the strategy of the organization and steer it towards achievement of its objectives. 

Position Summary

Karandaaz is seeking an Associate Credit in the Corporate Investment & Credit team who will be primarily responsible for supporting the Principal Credit in developing innovative credit transaction structures for SMEs that can be replicated as a program. The incumbent will also be responsible to lead the detailed industry analysis for key target industries.

Key Duties & Responsibilities

• Develop innovative credit transaction models to enable access to finance small and mid-sized enterprises
• Assess the credit risk of the deals to identify bankable transactions
• Originate, evaluate and execute credit transactions (wholesale credit lines, supply chain financing, program lending, securitized products) to provide growth capital funding to small and mid-sized enterprises with potential for profitable growth and sustainable job creation
• Lead detailed industry analysis (market size and growth, industry structure and value chain, competitive landscape, etc.) for key target industries
• Monitor, track and manage portfolio performance and liaison with internal and external stakeholders, including partner financial institutions
• Under supervision of the Principal Credit, manage and lead transaction teams
• Prepare Investment Committee documentation

Candidate Profile

• Minimum of 5 years’ experience in investment banking, structured finance and/or commercial banking
• Experience in originating and executing corporate finance and/or loan products. Prior exposure to SME lending will be valued
• Professional exposure to the development of financial products for SMEs
• Self-starter, motivated to build a high impact investment business for SMEs in Pakistan
• Strong command of MS Word, Excel, PowerPoint, oral and written English and conversant in Urdu
• Preferably a Masters level degree in business, economics, accounting or related discipline from a reputable international or Pakistani institution

Culture and Values at Karandaaz

Karandaaz Culture is guided by our values of Innovation, Collaboration, Accountability, Respect and Equity (ICARE). These values shape our choices on what we do and how we do 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 Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position to careers@karandaaz.com.pk clearly mentioning the position title in the subject line. We will be accepting submissions till 25th January, 2022

Karandaaz is an equal opportunity employer. Women and people with disabilities are encouraged to apply.