Senior Analyst Risk

Report to: Head of Risk & Compliance
Location: Islamabad
Application deadline for the position is September 4, 2022


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.

Position Summary

The incumbent will provide necessary support to the Head of Risk & Compliance in implementing risk management strategy for Karandaaz.

Job Description

The incumbent will assist the Head of Risk and Compliance in following activities;

  • Implementation of risk management strategy for Karandaaz
  • Execution of the corporate compliance, fraud, and risk assessments by identifying key risks pertaining to credit, equity, market, operational, and other areas.
  • Preparation of relevant risk reports
  • Identification of external risks and creating a risk mitigation plan
  • Monitoring and assessment of Early Warning Signals for each function and its exposure
  • Review of compliance requirements from various audits and agreements with partners
  • Ensure compliance with internal policies and local regulations
  • Any other task necessary to ensure the optimum performance of the Risk & Compliance department


A preferred candidate will need to have:

Education & Experience

  • Bachelors/Master’s degree in Business Administration, Finance, Economics, or related discipline from a reputable international or Pakistani institution.
  • Minimum of 3 years working experience in a Financial Institution. Cross-functional experience in credit, and equity functions is preferred.
  • Exposure to the Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) programs is preferred

Knowledge, Skills & Abilities

  • Understanding of a not-for-profit organization
  • Understanding of the financial sector and an appetite to learn more
  • Knowledge of Banking and Lending related regulatory requirements and laws in Pakistan
  • Understanding of equity markets, and associated instruments.
  • Proficient in Microsoft Office (Excel, Word, PowerPoint) and Google Suite
  • Understanding of Data Analytics, and associated tools, such as Python, R, etc.
  • Should be comfortable with working with large swathes of data
  • Excellent written and spoken English
  • Excellent interpersonal and communication skills
  • Team player with a self-starter attitude
  • Should show initiative
  • Should be a result-oriented individual
  • Ability to meet targets within tight deadlines
  • Sound judgment, flexibility, adaptability and cultural sensitivity.
  • Demonstrated behaviour of professional and personal ethics, transparency and openness.
  • Ability to react to stressful situations with professionalism

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.

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

All interested applicants can send their CV to

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Non-profit company registered under Section 42 of the Companies Act, 2017