Head of Operations - Alternatives Investments

The Head - Alternative Operations will lead end-to-end operations across Organization's

Alternatives platform including:

• Portfolio Management Services

• Hedge Solutions

• Private Credit Funds

• Property Investment Advisors (Real Estate Funds)

• GIFT City and Offshore Structures

The role will own operational governance, fund accounting oversight, investor servicing, regulatory reporting, taxation coordination, audit management, onboarding, trade operations, reconciliations and vendor ecosystem management.

This is a leadership role responsible for building robust control frameworks, managing operational risk, driving process excellence, and ensuring seamless support for business growth.

Aspiring applicants please share your updated resumes on:

Key Responsibilities

1. Alternatives Operations Leadership

Lead all operational activities across multiple alternative investment vehicles including:

• Category II AIFs

• Category III AIFs

• PMS mandates

• Offshore/GIFT City structures

• Real estate and private credit funds

Provide centralized governance, operating model oversight and strategic direction

across operational teams.

2. Fund Operations & Fund Accounting Oversight oversee:

• NAV review and approval

• Fund accounting controls

• Management fee and performance fee validation

• Expense allocations

• Fund-level books and records

• Investor allocations

• Portfolio and asset reconciliations

• Corporate action accounting

• Drawdowns and distributions

Ensure accuracy and timeliness of all operational deliverables.

3. Regulatory, Compliance & Audit Management

Drive adherence to:

• SEBI PMS Regulations

• SEBI AIF Regulations

• GIFT City / IFSCA requirements

• RBI reporting requirements

• Tax and statutory regulations

Serve as escalation owner for regulators, auditors and compliance teams.

5. Trade Operations & Treasury Management

Oversee operational support for:

• Equity and derivative settlements

• Hedge fund trade processing

• Custody operations

• Fund transfers

• Treasury movements

• Margin management

• Corporate actions

• Daily pricing controls

Ensure zero operational losses and strong maker-checker controls.

6. Controls, Risk & Governance

Own:

• Operational risk management

• Process controls

• Exception monitoring

• Escalation frameworks

• Business continuity planning

• SLA governance

• Operational MIS

Drive a culture of control, accountability and continuous improvement.

7. Stakeholder Management

Act as senior operational interface with:

• Custodians

• RTAs

• Bankers

• Auditors

• Tax advisors

• Fund administrators

• Compliance teams

• Fund managers

• Sales and Investor Relations teams

Support new launches and product expansions.

Desired Candidate Profile

Education

• CA preferred

• MBA Finance / CFA desirable

Experience

• 15-22 years of relevant experience

• Minimum 8-10 years in leadership roles

• Experience in PMS, AIF, Fund Accounting or Asset Management Operations

The ideal candidate should possess:

• Deep understanding of Alternative Investments operating models

• Strong knowledge of SEBI AIF and PMS regulations

• Strong fund accounting and NAV expertise

• Understanding of taxation applicable to funds and investors

• Ability to manage multiple fund structures simultaneously

• Strong stakeholder management skills

• Experience handling audits and regulatory inspection