Senior Analyst Innovative Lending Program

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 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 Description

Borrower Origination and Analysis

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

Loan Proposals and Documentation

• Prepare loan proposal and essential documents, presentations, 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 to enhance new business opportunities

• Support actions and processes aiming at improving the credit process
• Cooperate with other teams (i.e., Risk, Finance, Procurement, Monitoring and Evaluation and banking partners) on a daily basis in order to ensure 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 vis-a-vis business plan and KPIs

• Collaborate with Finance and Monitoring & Evaluation to track, monitor and evaluate the portfolio performance and financial situation of the clients, including analysis and trends in industry, external and internal early warning signals, 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 support in internal and external audits.
• Any other task necessary to ensure the optimum performance of the CIC department

Eligibility

A preferred candidate will need to have:

Education & Experience

• Minimum Bachelor’s or equivalent degree. Specialization in Finance preferred including CFA.

• 3-5 years of corporate/commercial/investment banking experience in top-tier banks including 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 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.

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