AIF Compliance Officer

Ashika Group; Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Ashika Group seeks an experienced compliance professional to support its AIF (Category I & II) and Private Credit Fund operations. You will drive regulatory compliance across the fund lifecycle, interact with SEBI and other authorities, and partner with internal teams to build a robust compliance framework aligned with the Group's growth strategy.

The role requires 8–12 years in AIF compliance, strong knowledge of SEBI regulations, and excellent stakeholder management.

Qualifications

• Bachelor's degree in a relevant field and 8–12 years in AIF compliance.
• Experience with Category I and/or Category II AIFs and SEBI regulations.
• Strong knowledge of KYC/AML, FEMA and related financial regulations.

Responsibilities

• Lead compliance for Category I/II AIFs and Private Credit Fund; ensure SEBI compliance.
• Oversee regulatory filings, disclosures, and reporting within deadlines.
• Serve as primary SEBI contact for submissions, inspections, and audits.
• Advise business units on regulatory requirements for new products and operations.
• Review fund docs, PMs, investment and distribution agreements from a regulatory angle.
• Develop and strengthen policies, SOPs, controls, and governance for AIF platform.
• Monitor investment conditions, leverage limits, related-party transactions, valuation.
• Lead internal audits and compliance testing with timely closure of observations.
• Track SEBI regulations and implement changes with business impact.
• Coordinate with trustees, custodians, auditors, and fund administrators.

Skills

Regulatory compliance

Stakeholder management

Analytical skills

Communication

Education

Bachelor's degree in Law, Commerce, Finance, Business Administration or related field

Tools

MS Office

Excel

Job description

Ashika Group is seeking an experienced compliance professional to support its Alternative Investment Funds (Category I & II) and Private Credit Fund business. The role will be responsible for driving regulatory compliance across the fund lifecycle, managing interactions with SEBI and other regulatory authorities, ensuring adherence to applicable regulations, and partnering with internal stakeholders to build a robust compliance framework aligned with the Group's growth strategy.

Key Responsibilities

• Lead the compliance function for Category I and Category II AIFs and the Private Credit Fund business, ensuring ongoing compliance with SEBI regulations, circulars, and regulatory guidelines.
• Manage end-to-end regulatory filings, periodic disclosures, and statutory reporting with SEBI and other regulatory bodies within prescribed timelines.
• Act as the primary point of contact for SEBI on regulatory submissions, inspections, audits, approvals, clarifications, and correspondence.
• Advise business, investment, operations, finance, legal, and senior management on regulatory requirements and compliance implications for new products, transactions, and fund operations.
• Review fund documentation, placement memorandums, investment agreements, distribution arrangements, and investor communications from a regulatory perspective.
• Develop, implement, and strengthen compliance policies, SOPs, internal controls, and governance frameworks for the AIF platform.
• Monitor investment conditions, leverage limits, related-party transactions, valuation, and other regulatory obligations applicable to AIFs.
• Lead regulatory compliance reviews, internal audits, and compliance testing while ensuring timely closure of observations.
• Track evolving SEBI regulations and industry developments, assess business impact, and drive implementation of regulatory changes.
• Coordinate with trustees, custodians, auditors, legal counsel, consultants, fund administrators, and other external stakeholders to ensure seamless regulatory compliance.
• Support regulatory due diligence, investor audits, and compliance reporting for institutional investors.

Desired Candidate Profile

• Bachelor's degree in Law, Commerce, Finance, Business Administration, or a related field
• 8-12 years of relevant experience in AIF Compliance
• Mandatory experience working with Category I and/or Category II Alternative Investment Funds
• Strong knowledge of SEBI (Alternative Investment Funds) Regulations, SEBI circulars, and regulatory compliance
• Good understanding of KYC/AML, FEMA, and other applicable financial regulations
• Strong analytical, communication, and stakeholder management skills
• Proficiency in MS Office, particularly Excel, and compliance documentation