Associate-Senior Associate - AIF

OKAS - DMI Alternative Investment Fund; Delhi; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

OKAS - DMI Alternative Investment Fund seeks a seasoned investment professional to oversee origination, diligence, and deal execution across distressed real estate opportunities. You will build financial models, coordinate with vendors, and prepare investment committee notes.

The role covers SPV funding, reporting, and investor communications, with emphasis on controlling timelines and enhancing deal flow through partnerships with developers and market intermediaries.

Qualifications

• Minimum 4–9 years of experience in real estate and infrastructure.
• Strong understanding of financial modelling and due diligence processes.
• Experience in drafting deal documents and coordinating with tax/legal vendors.

Responsibilities

• Deal evaluation including market reports, product type planning, and financial feasibility tests.
• Coordinate with tax advisor, legal vendor, and internal legal team to deliver draft deal documents.
• Plan and control investments into deals and manage SPV funding.
• Coordinate with development partners and external advisors to prepare projects for sales and monitor monthly sales and prices.
• Prepare quarterly investor reports and respond to investor queries.
• Establish partnerships with developers and market intermediaries to improve deal flow.

Skills

Deal evaluation

Financial modelling

Due diligence

Investment committee notes

Project coordination

Education

Master’s in Finance

Master’s in Business Administration

CA/CFA

Job description

Origination, due diligence, development, and implementation of commercially viable distressed private equity investment opportunities in the real estate and allied sectors for the achievement of returns targeted by the investors in the fund.

Key Accountabilities:

1. Deal Evaluation

• Prepare market reports to identify demand and supply drivers of the deal
• Plan the product type to optimize unit sizes and price for the market
• Develop financial models to test the financial feasibility of the deal under different scenarios
• Identify and prepare key deal considerations that impact financial feasibility
• Prepare the investment committee note for the approval of the deal by the investment committee
• Coordinate with due diligence vendors to mitigate information gaps
• Control the due diligence process by continuously seeking updates from vendors and managing timelines
• Identify key issues during the due diligence process and working with management to propose mitigating measures

3. Deal Documentation and Investment

• Coordinate with the tax advisor, legal vendor, and internal legal team to deliver the draft deal documents within agreed timelines
• Propose alterations to the deal documents by working with the management and development partner
• Manage and control the execution of the deal documents by coordinating with internal support teams, external vendors, management, and development partner
• Plan and control the investment into the deal within agreed timelines by coordinating with management and internal support teams
• Establish standards for improving the quality of financial reporting by external accountants and proposing ways to improve the presentation of financials
• Prepare quarterly summary financials of SPVs based on historical financial statements and benchmark them against targets
• Prepare revised forecasts of future periods in financial models to estimate revised returns and funding requirements
• Compare revised investment returns with initial investment returns to assess reasons for variation and highlighting them to the management and development partner (project monitoring committee) for taking up control measures

5. SPV Funding

• Plan funding requirements of SPVs by evaluating shortfalls in finances and coordinating with external accountant and development partner
• Process infusions in SPVs in timely manner to ensure invoices are paid on time
• Work with management and external vendors to raise debt for SPVs by assessing the impact of debt terms on the business plan, closing information requirements of lenders, and coordinating with internal legal team and external legal advisor for due diligence and review and finalization of transaction documents

6. SPV Sales and Operations Management

• Coordinate with development partner and external advisors to prepare the project for sales by ensuring adequate approvals from government, facilitating the closure of sales related documentation, and working with sales advisors for the preparation of sales collaterals
• Monitor the sales launch date, monthly sales, and sales price by comparing it with the business plan and highlighting deviations to management
• Manage the onboarding of housing finance providers by closing their information requirements and facilitating them in their due diligence
• Coordinate with development partner to identify issues related to site infrastructure and resolving them by working with the seller of the land

7. Investor Reporting

• Prepare quarterly investor reports by identifying key developments in projects and providing revised investment returns
• Resolve investor queries pertaining to projects and facilitating them in their monitoring and controlling activities

  8. Business Development and Process Flow Management

  • Establish and manage partnerships with developers and market intermediaries to improve the deal flow and capability of the fund to invest across multiple asset classes
  • Develop standard operating procedures and reporting standards for all internal support functions and external vendors for smooth flow of operations

  Educational Qualifications

  a) Qualifications

  • Minimum Qualification required: Master’s in Finance/ Master’s Business Administration/ CA/CFA
  • Stream of Study – Finance
  • Qualifications preferred: Postgraduate/Master’s Business Administration/ CA/ CFA

  b) Work Experience

  • Minimum 4/9 years of experience
  • Industry experience: Real estate and Infrastructure related experience