Senior Analyst Risk & Compliance

Report to: Manager Risk & Compliance
Location: Islamabad
Application deadline for the position is March 24, 2024


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 Senior Analyst Risk & Compliance is tasked with establishing and maintaining a robust compliance and risk management framework at Karandaaz.

Job Responsibilities

  • Formulate and review Risk & Compliance policies and procedures
  • Collaborate with stakeholders to update the Risk Register, recommending appropriate risk mitigations.
  • Monitor the entity-level risk profile in alignment with risk appetite, escalating concerns to relevant departments as needed.
  • Prepare comprehensive Risk and Compliance reports for internal and external stakeholders
  • Serve as the focal point for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT), supporting departments with due diligence and conducting AML/CFT training.
  • Assist in securing relevant insurance coverages
  • Undertake any other compliance and risk management tasks necessary for the optimum performance of the department


Education & Experience

  • Bachelors/Master’s degree in a related discipline from a reputable institution, or completed accounting qualification.
  • Five (05) years of work experience in a financial institution, with at least three (03) years in compliance.
  • Holders of relevant compliance related certifications will have a competitive advantage

Knowledge, Skills & Abilities

  • Familiarity with financial institutions and financial instruments
  • Knowledge of applicable regulatory requirements and laws in Pakistan
  • Understanding of not-for-profit organizations
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint) and Google Suite
  • Excellent written and spoken English and Urdu
  • Excellent interpersonal and communication skills
  • Team player with a self-starter attitude, showing initiative.
  • Result-oriented with the ability to meet targets within tight deadlines
  • Demonstrated sound judgment, flexibility, adaptability and cultural sensitivity.
  • Professional and personal ethics, transparency and openness.

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 clearly mentioning the position title in the subject line.

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

Copyrights © 2024 Karandaaz Pakistan
Non-profit company registered under Section 42 of the Companies Act, 2017