Principal – Asset-Backed Investments

Artha Group; Mumbai; On-site; INR 3,600,000 - 4,500,000; Full time

Job summary

Artha Group in Mumbai is seeking a Principal-level professional to build and institutionalize its fixed income vertical. The role focuses on identifying, evaluating, and scaling cash flow–oriented opportunities across asset-backed and operating models, with disciplined portfolio construction and risk management.

You will work with senior leadership to shape this vertical, oversee origination, underwriting and portfolio performance, and develop structures that align with the firm’s capital

Qualifications

• CA required with 8–15 years in fixed income or asset-backed investing.
• Experience building income-generating portfolios.
• Strong cash flow underwriting and income-oriented investment knowledge.
• Ability to evaluate opportunities independently with commercial judgment.
• Experience working with senior leadership or investment committees.
• Familiarity with structured transactions and risk mitigation frameworks.

Responsibilities

• Build and manage a diversified cash flow–generating, asset-backed portfolio.
• Monitor portfolio performance across cash flows, yields, durations and risk exposure.
• Establish frameworks for income visibility, downside protection and capital efficiency.
• Continuously assess performance and identify optimization, reallocation or exit opportunities.
• Lead and mentor team to scale the fixed income vertical with discipline.

Skills

Fixed income

Structured finance

Portfolio management

Credit analysis

Education

Chartered Accountant (CA)

Job description

Artha Group is a performance-first investment house managing ₹2,300 crores across domestic and international investment vehicles, including Category I & II AIFs, LLPs, and Private Limited companies. With active investments in 130+ startups, with 32+ successful exits, and 10+ renewable energy projects. We operate at the convergence of capital precision and operational depth.

Role Overview

This is a Principal-level role focused on building and institutionalizing Artha’s fixed income vertical.

The mandate is to identify, evaluate, and scale predictable, cash flow-oriented opportunities across asset-backed and operating models while ensuring disciplined portfolio construction, strong risk frameworks, and consistency of income.

The role requires a balance of origination, underwriting judgment, and portfolio oversight, along with the ability to work closely with senior leadership to shape this vertical into a meaningful and stable contributor to the firm’s capital strategy.

Defined pathway to Partnership & Strategic Leadership Roles

Core Responsibilities

• Build and manage a diversified portfolio of cash flow-generating, asset-backed opportunities
• Map and monitor portfolio performance across cash flows, yield profiles, durations, and risk exposure
• Establish frameworks for income visibility, downside protection, and capital efficiency
• Continuously assess portfolio performance and identify opportunities for optimization, reallocation, or exit
• Develop internal benchmarks to track risk-adjusted performance and consistency

Deal Flow Origination & Pipeline Development

• Build and sustain a high-quality pipeline of fixed income and structured opportunities
• Identify scalable models across asset-backed, contract-driven, or usage-linked revenue streams
• Evaluate opportunities with a focus on cash flow certainty, counterparty quality, and structural safeguards
• Structure transactions with appropriate risk controls, documentation standards, and return thresholds
• Maintain discipline across selection, underwriting, and execution processes

Strategic Collaboration & Capital Alignment

• Work closely with the CFO and CEO to define and scale the fixed income strategy
• Align portfolio construction with broader firm-level capital allocation priorities
• Contribute to the development of structures and frameworks to expand this vertical
• Integrate fixed income strategies within the firm’s overall investment platform

Thought Leadership & Domain Expertise

• Develop deep expertise across asset-backed investing, structured finance, and alternative fixed income models
• Track evolving market opportunities and structures within the income-generating ecosystem
• Contribute to internal strategy with clear frameworks and informed perspectives
• Establish credibility as an internal authority on fixed income and structured opportunities

Leadership, Training & Team Development

• Mentor and guide team members across evaluation, execution, and monitoring
• Build structured approaches to underwriting, diligence, and portfolio tracking
• Strengthen internal capability to scale the vertical with consistency and rigor
• Instill a culture of ownership, discipline, and attention to detail

Internal Discipline & Execution Rigor

• Establish and maintain strong processes across pipeline tracking, evaluation, and execution
• Ensure all opportunities meet defined standards of documentation, governance, and risk controlMaintain clarity and consistency in internal reporting and decision frameworks
• Uphold high standards of precision, accountability, and follow-through

Must-Have Qualifications

• Chartered Accountant (CA) is mandatory
• 8–15 years of experience in fixed income, structured finance, private credit, or asset-backed investing
• Strong understanding of cash flow-based underwriting and income-oriented investment models
• Demonstrated experience in building or managing income-generating portfolios
• Familiarity with structured transactions, contracts, and risk mitigation frameworks
• Ability to independently evaluate opportunities with sound commercial and financial judgment
• Experience working with senior leadership or investment committees

Traits That Matter

• Strong orientation toward predictability, discipline, and capital preservation
• Ability to balance return generation with downside protection
• Structured thinker with high attention to detail
• Composed decision-making in complex or uncertain scenarios
• High ownership and accountability for outcomes
• Intellectual curiosity with a commitment to developing domain depth

Compensation:

Total Annual Compensation - ₹45,00,000 + Performance-linked upside tied to portfolio scale and outcomes

• Fixed Salary - ₹36,00,000
• Retention Bonus - ₹4,00,000 (paid annually)
• ESOPs - ₹5,00,000 (annual grant, subject to vesting applicable)