Senior Program Analyst (Corporate Investments & Credit)

Report to: Chief Investments Officer
Location: Islamabad
Application deadline for the position is March 25, 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.

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

The ideal incumbent for the Sr. Program Analyst position will be someone with a passion to work in impact investing and is driven by Karandaaz vision of ‘financial inclusion for all’. The analyst will be responsible for providing project and portfolio management support to the Corporate Investments and Credit (CIC) team as well as collaborate with all relevant internal and external stakeholders for effective delivery of the CIC investment program.

Job Responsibilities

Program Management

  • Monitor and follow up on investment program initiatives that are under implementation
  • Provide program management oversight to the approved portfolio by working in close collaboration with investment leads for effective execution of the approved investments projects.
  • Develop effective dashboards and processes for roll out of investment project
  • Manage all backend processes with internal stakeholders
  • Analyze, highlight and escalate program risks and variances for successful delivery of the projects and activities, and produce program reports for management and stakeholders.
  • Assist the team in project task prioritization to meet deadlines
  • Provide support in ensuring effective ERP implementation
  • Establish a robust monitoring mechanism during the complete investment life cycle that leads to proactive issue resolution ultimately contributing to effective time to market
  • Oversee implementation of work plans. Work closely with team members to deliver the progress of various projects undertaken by the team.
  • Work closely with project sponsor and cross-functional teams to plan and implement scope, deliverables, required resources, work plan, budget, and timing for new initiatives.
  • Ensure the overall program structure and program management processes enable the program and its component teams to successfully complete their work.
  • Ensure accurate budgeting and accounting of expenditure and compliance with policies and procedures of the program
  • Central point of contact for all interdepartmental and cross departmental communication and reporting

Strategic Planning and Leadership Support

  • Facilitate preparation of materials for strategy reviews, learning sessions, briefings, and submissions to donors, CIO and Board of Directors.
  • Support development of annual program work plans and strategic plan through effective portfolio planning framework.
  • Through annual planning, work plan development and budgeting, set goals and implement portions of the strategic plan.


  • Capture and understand internal stakeholder needs and expectations, analyzing the impact of the program on stakeholders.
  • Establish processes and procedures for maintaining program oversight and decision-making support for policies and practices throughout the course of the program.
  • Ensure the program complies with established portfolio management governance and processes including quarterly reviews and annual planning.


A preferred candidate will need to have:

Education & Experience

  • Bachelors/Master’s degree in Business Administration, Finance, Economics, or related discipline from a reputable institution. CFA preferred.
  • 3-5 years of relevant experience preferably in project/program management within the Big 4 Accounting Firms, Financial Services, Telecom or development-related field.

Knowledge, Skills & Abilities

  • Knowledge of donor-funded programs is desirable
  • Knowledge of and practice in monitoring and evaluation principles and approaches
  • Knowledge of budgeting, forecasting, financial analysis and synthesis.
  • Proficient in MS Office Suite
  • Advanced knowledge of Excel and Microsoft Project
  • Excellent report writing and communication skills
  • Strong financial modelling skills
  • Strong analytical and problem-solving skills
  • Excellent organization skills and attention to detail, ability to meet deadlines and understand policy compliance.
  • Ability to work independently and as part of an integrated, diverse team and be comfortable in multiple, high varied settings, and tight deadlines with different work and learning styles.

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 vision and values of Karandaaz and feel excited about the work we are offering, please send us your application for this position to 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