Senior Analyst, Alternative Operations

Russell Investments; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Russell Investments in Mumbai is seeking a detail‑oriented professional to join the Global Alternative Operations Team. You will support administration of private equity, private credit, private real estate funds, and hedge funds globally, handling valuation, capital calls, distributions, and regulatory reporting.

The role requires interaction with investment managers, investors, custodians, and auditors, with emphasis on technical analysis, process improvement, and compliance with US FATCA,

Qualifications

• Experience with relationships between investment managers, investors, and administrators/custodians/transfer agents.
• Ability to perform technical analysis with attention to operational efficiency and process improvement.
• Working knowledge of GAAP and Accounting Policy.
• Familiarity with global regulations including US FATCA, CRS, AIFMD, MiFID.
• Familiarity with industry standards and Russell Investments’ products.
• Extensive knowledge of alternative investment funds: Private Real Estate, Private Equity, Private Credit, Hedge Funds.

Responsibilities

• Capital Calls and Distributions – reconcile fund investment transactions with approvals.
• Valuation Support – track valuations and prepare portfolio valuation support.
• NAV validation – review NAV packs and related confirmations.
• Audit and Tax Support – track K-1s and foreign reporting; respond to client requests.
• Cash Management – prepare wire instructions, projections and reconciliations.
• Reporting – maintain data and prepare internal/external reports; regulatory filings.
• Records Retention – retrieve documents and upload to systems within timeframes.

Skills

Operational analysis

GAAP knowledge

Regulatory knowledge

Investment management

Communication

Job description

Reporting To: Manager - Alternative Operations Shift: EMEA (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai: Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 90-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $1,013 billion in assets under advisement (as of June 30, 2026) and $417.5 billion in assets under management (as of June 30, 2026) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai, and Mumbai. Joining our Mumbai office means becoming part of a globally connected team where associates collaborate across functions, geographies, and time zones to support the work of a globally recognized asset management firm. Based in Goregaon (East), you will have the opportunity to work alongside colleagues around the world, contribute to meaningful initiatives, and build your career in a collaborative and inclusive environment. The Mumbai office operates with varying shifts to support collaboration across global time zones. For more information, please visit https://www.russellinvestments.com.

Job Description

As a member of the Global Alternative Operations Team, you will support the administration of private equity, private credit, private real estate funds, and hedge funds for all RI alternative products globally. Your specific duties would include performance measurement and reporting, processing capital calls and distributions, cash management, preparation of quarterly reports, valuation support, audit and tax support, fund expense disbursements, data entry, systems support, preparation of regulatory and internal fund reports, and updating policies and procedures.

• Capital Calls and Distributions –reconciliation of fund investment transactions, including detailed documentation and obtaining all required approvals.
• Valuation Support – Retrieving and tracking portfolio fund valuations and preparing overall portfolio valuation support using industry-specific applications.
• NAV validation;- Scrutinize NAV Pack, performance and expense fee validation, identify incoming wires/cash.
• Audit and Tax Support – Obtain and track K-1's and foreign reporting information from underlying funds. Prepare data for responding to client requests and audit confirmations. Analyse portfolio fund K-1’s for UBTI and ECI.
• Cash Management – Preparation of wire instructions, cash projections and reconciliations. Reconcile and track unfunded commitments.
• Reporting – Input and maintain company and fund data. Prepare, coordinate, and distribute various internal and external reports on an ongoing and ad hoc basis. Prepare certain regulatory filings.
• Records Retention – Retrieve portfolio fund documentation through emails and manager portals and upload to industry-specific applications within specified timeframes.

Candidate Requirements

Experience with relationships and interactions between investment managers, investors, and administrators/custodians/transfer agents.

Ability to perform technical analysis with attention to operational efficiency and process improvement.

Working knowledge of GAAP and Accounting Policy.

Familiarity with global regulations including (but not limited to) US FATCA, Common Reporting Standards, AIFMD, MiFID.

Familiarity with industry standards in the marketplace and how they compare to Russell Investments’ products.

Extensive knowledge of investment strategies of alternative investment funds, specifically Private Real Estate, Private Equity, Private Credit, and Hedge Funds.

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines
• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability
• Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency
• Exemplifies our customer-focused, action-oriented, results-driven culture
• Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions
• Ability to act with discretion and maintain complete confidentiality
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor

About Russell Investments

Russell Investments is a leading global investment solutions partner providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Since 1936, Russell Investments has been building a legacy of continuous innovation to deliver exceptional value to clients, working every day to improve people’s financial security. The firm has $381 billion in assets under management (as of 3/31/2026) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 17 cities around the world. Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.