BACKGROUND

Accelerate Prosperity is a global initiative of the Aga Khan Development Network (AKDN) in Central and South Asia which offers creative financial solutions as well as pre and post investment technical assistance to help grow early-stage businesses, startups, and innovative ideas. Since 2016, Accelerate Prosperity has supported promising entrepreneurs through business modeling, 1:1 coaching from staff, mentorship and networking with entrepreneurs, investment readiness, seed and growth financing, investors services and trade facilitation.

SCOPE OF SERVICES

Purpose: Reporting to the Senior Risk Manager, the incumbent will be responsible for assessing, identifying and mitigating any potential financial, investment and operational risks that may hinder the reputation, safety, security and financial prosperity of Accelerate Prosperity.

Reports to: Senior Risk Manager

Preferred Location: Lahore/Islamabad

The Risk Analyst will be responsible to:

• Support the implementation and ongoing operation of the Risk Management Framework, ensuring it remains appropriate to the needs of AP investments throughout the investment lifecycle.
• Assist the Risk Management function by contributing to team objectives and supporting the department's day-to-day workflow.
• Carry out day-to-day risk management activities including risk identification, prioritization, risk register updates and portfolio monitoring.
• Analyze investment business cases to identify potential risks and assist in developing and tracking action plans to mitigate them.
• Support the maintenance and monitoring of compliance and governance policies, controls and procedures, and flag related risks to senior team members.
• Conduct real-time risk assessments of new investment proposals through settlement and completion, checking for compliance with relevant policies, regulations and laws.
• Perform post-investment risk monitoring of existing investments, contributing to overall portfolio risk oversight.
• Review investment documents to check for completeness and identify instances of non compliance.
• Assist in implementing risk, compliance, governance policies & frameworks
• Apply core investment, financial and operational risk management practices, including support for operational & investment due diligence processes. 
• Conduct background checks and due diligence on AP investments and their principals, directors and shareholders.
• Assist with internal and external audits by preparing and organizing required documentation.
• Help ensure investment procedures align with legislation and AP's Investment Policy. 
• Organize and maintain case files and support compliance reviews. 
• Perform any other duties assigned by the Senior Risk Manager.

CONTRACT DURATION

The duration of Services Contract will be for 12 months and will be subject to renewal with mutual consent of both parties (rolling), after elapse of the defined duration.

QUALIFICATION / EXPERIENCE REQUIRED

The ideal candidate shall have following qualification criteria, experience:

• At least a bachelor’s degree in management, finance, risk and/or accounting.
• At least 2 years’ experience working in risk, credit or investments function with a financial institution or investment firm.
• Having experience of maintaining or navigating risk management systems.

Note: The Country Director at Accelerate Prosperity reserves the right to cancel the process of hiring at any stage without assigning reason as he may deem appropriate.