Associate Strategic Equity Investments

About Us

Karandaaz (KRN) believes 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 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. We are supported by Foreign, Commonwealth & Development Office (FCDO) and Bill and 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.

Karandaaz Capital aims to support the development of a market for MSME financing by deepening access to growth capital for MSMEs that will result in the generation of broad-based employment in Pakistan and financial returns for Karandaaz. Karandaaz makes investments that are categorized into four buckets: Direct Investments, Wholesale Investments, Strategic Investments, and Green Investments. These investments by Karandaaz help develop pilot investment models and identify new investment avenues and generate learning for commercial capital providers.

Position Summary

Karandaaz Pakistan is seeking an Associate for Strategic Investments. The incumbent will be responsible for monitoring, reviewing and reporting on the performance and future challenges of KRN’s strategic investments in the financial sector, more specifically, the Non-Banking Financial Companies (NBFCs). Knowledge of microfinance, SME and guarantee companies will be given preference. Support for post deal management to Equity and Green investment teams may also be required.

Job Description

• Undertake investment analyses, including building valuation models for investments in the financial sector in specific and other sectors of the economy as required.
• Collect and interpret financial, business and sectoral data of Karandaaz’s investee NBFCs, monitor their key performance indicators and provide internal reports to the CIO.
• Provide direct support to the CIO in governance and technical matters related to strategic investments of Karandaaz in the financial and other sectors
• Monitor portfolio’s ESG matters and make recommendations
• Monitor, track and report portfolio performance and generate impact reports.
• Prepare and maintain MIS reports on the financial performance of the overall portfolio on a regular basis.
• Provide support for submissions to the Investment Committees and the Board
• Support Equity, Credit and Green investment teams in origination, structuring, execution and post deal management as needed.
• Maintain up-to-date knowledge of the related industries developments and current events
• Support the CIO in the execution of Board approved strategy of Karandaaz’s investment portfolio
• Any other task as may be required for delivering the investment team’s annual work plan

Eligibility

A preferred candidate will need to have:

Education & Experience

• Masters level degree preferably in Business, Economics, Accounting or related discipline from a reputable international or Pakistani institution or CFA with strong analytical skills and modeling.
• Minimum 5 years of experience of working in a recognized financial institution
• Preference will be given to candidates working in financial analysis and reporting positions in financial institutions or research teams

Knowledge, Skills & Abilities

• Understanding of a not-for-profit organization
• Deep understanding of the financial sector and understanding of financial risks facing financial institutions in general
• Strong grounding and prior professional experience in financial valuation and business analysis
• Understanding of financial reporting
• Strong command on oral and written English
• Skilled in Microsoft Office (Excel, Word, PowerPoint) and Google Suite
• Detail orientation
• Time management skills
• Planning and organization skills
• Ability to self-start and deliver tasks on a pre-agreed timeline
• Ability to prepare detailed research reports
• Ability to handle high-pressure situations
• Ability to work with a diverse team of people
• Professional exposure of working in Pakistan

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 the Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position at careers@karandaaz.com.pk clearly mentioning the position title in the subject line.

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