Assistant Manager - AIF Trustee Operations

VISTRA; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Benefits offered by this job

Hybrid working arrangement

Insurance benefits

Career prospects

Job summary

Vistra India invites applications for the role of Assistant Manager, Client Service Delivery Operations – AIF in Mumbai-Andheri. This permanent position reports to the Operations Manager and supports the AIF Trustee across regional areas.

The role covers operations, fund management, and regulatory compliance, with emphasis on accurate reporting, client service excellence, and strong stakeholder coordination. Hybrid work arrangement and career opportunities are provided.

Qualifications

• CA/CS/CFA/LLB preferred; MBA with accounting background.
• Strong understanding of AIF regulations prescribed by SEBI and IFSCA.
• Knowledge of fund lifecycle, tax filings, and regulatory reporting (offshore/GIFT City exposure preferred).
• Good analytical skills with strong attention to detail.
• Effective communication and stakeholder management.
• Ability to manage multiple deadlines in a dynamic environment.
• Proficiency in MS Excel and reporting tools.

Responsibilities

• Operations & Fund Management: Manage PAN/TAN, tax filings and regulatory registrations.
• Maintain fund documentation and client database; process transactions and onboarding.
• Monitor fund lifecycle, AUM reporting, and winding-up activities; support closure memos.
• Handle client queries and coordinate with stakeholders.
• Support automation initiatives and MIS reporting.
• Compliance & Monitoring: Review QCRs/CTRs/PPM/audit reports and regulatory filings.
• Raise queries with IMs and track closure of observations; identify breaches.

Skills

AIF regulations

Regulatory reporting

Analytical skills

Communication

Deadline management

Education

CA / CS / CFA / LLB / Inter CA / MBA with accounting background

Tools

MS Excel

MS Word

PowerPoint

Job description

Its never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Assistant Manager Client Service Delivery Operations – AIF. Reporting to the Operations Manager, this full-time and permanent position is based in Mumbai-Andheri, India and offers regional coverage, allowing you to make a significant impact to our AIF Trustee and its’ growth.

Key responsibilities:

1. Operations & Fund Management

• Manage PAN/TAN applications, tax filings (TDS, ITR, Form 64/64D, 15CA) and regulatory registrations
• Maintain fund documentation (IMA, Trust Deed, PPM, etc.) and client database
• Process transactions including demat conversion, transfer of units/shares, and onboarding
• Monitor fund lifecycle including tenure, AUM reporting, and winding-up activities
• Prepare closure memos, partial release letters, and support execution documentation
• Handle client queries and coordinate with stakeholders (IMs, custodians, internal teams)
• Support automation initiatives and MIS reporting

2. Compliance & Monitoring

• Review QCRs, CTRs, PPM, audit reports, financials, and Trustee Compliance Reports
• Raise queries with Investment Managers (IMs) and track closure of observations
• Identify breaches, issue letters, and monitor corrective actions
• Maintain and track watchlist and SCN cases; coordinate with Legal and Compliance teams
• Prepare monthly/quarterly compliance reports and track regulatory timelines
• Ensure adherence to regulations prescribed by Securities and Exchange Board of India (SEBI), IFSCA
• Stay updated on regulatory changes and assist in handling client queries.

Key requirements:

• CA / CS / CFA / LLB preferred, Inter CA or MBA having reasonable accounting background
• Strong understanding of AIF regulations prescribed by Securities and Exchange Board of India (SEBI) and familiarity with International Financial Services Centres Authority (IFSCA) regulations
• Working knowledge of fund lifecycle, tax filings, and regulatory reporting (including offshore structures/GIFT City exposure preferred)
• Good analytical skills with strong attention to detail
• Effective communication and stakeholder management skills
• Ability to manage multiple deadlines in a dynamic environment
• Proficiency in MS Excel and reporting tools
• Excel, Word, Power point and Writing & Presentation skills

Company Benefits:

At our Vistra India office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.

Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.