Senior Associate 1

Apex Group; Gandhinagar; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Apex Group in Gandhinagar (GIFT City) seeks an experienced Product Manager to own the roadmap for AIF services, drive regulatory-aligned product development, and collaborate across operations, technology, compliance, and client teams. The role focuses on market trends, client requirements, and end-to-end product launches.

Ideal candidates will have 8–14 years in product management or fund administration, with deep AIF knowledge and experience navigating IFSCA regulations.

Qualifications

• 8–14 years of relevant experience in Product Management, Fund Administration, AIF Operations, or Financial Services.
• Strong expertise in AIF structures, fund accounting, regulatory frameworks, and investor operations.
• Prior exposure to GIFT City and IFSCA regulations is highly preferred.
• Proven experience working cross-functionally with operations, technology, compliance, and client teams.
• Strong analytical, documentation, and communication skills.

Responsibilities

• Own and manage the product roadmap for AIF services in GIFT City.
• Evaluate market trends, regulatory developments, and client requirements to identify new product opportunities.
• Partner with leadership to define product positioning, service offerings, pricing models, and competitive differentiation.
• Drive end-to-end launch of new products, features, or workflow enhancements.
• Maintain deep working knowledge of IFSCA regulations related to AIF structures, fund accounting, investor onboarding and reporting guidelines.
• Act as the central liaison between business teams, operations, fund accounting, CRM, legal, and technology.
• Translate regulatory and business requirements into operational workflows and system specifications.
• Support operations teams with SOP creation, enhancement, and change implementation.

Skills

AIF Structures

Fund Administration

Product Management

Stakeholder Management

Regulatory Knowledge

Cross-functional Collaboration

Analytical Skills

Communication Skills

Job description

Job Description:

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Key Responsibilities

Product Strategy & Development

• Own and manage the product roadmap for AIF services in GIFT City.
• Evaluate market trends, regulatory developments, and client requirements to identify new product opportunities.
• Partner with leadership to define product positioning, service offerings, pricing models, and competitive differentiation.
• Drive end-to-end launch of new products, features, or workflow enhancements.

AIF Category II & Regulatory Expertise

• Maintain deep working knowledge of IFSCA regulations related to:
  • AIF structures
  • Fund accounting & valuation norms
  • Investor onboarding requirements
  • Reporting guidelines (regulatory, investor, and operational)
• Interpret regulatory circulars and market practices to assess product impact.
• Work with Compliance and Legal teams to ensure adherence to regulatory standards.

Cross-Functional Coordination (Business Operations Technology)

• Act as the central liaison between business teams, operations, fund accounting, CRM, legal, and technology.
• Translate business or regulatory requirements into operational workflows and system specifications.
• Support operations teams with SOP creation, enhancement, and change implementation.
• Collaborate with technology teams for system upgrades, automation, workflow design, and Intune/product environment readiness.

Client Interaction & Change Management

• Engage with clients to understand product requirements, enhancement requests, and process gaps.
• Evaluate client change requests (CRs) and translate them into internal action plans with clear timelines and impact assessments.
• Partner with CRM to ensure service delivery is aligned with product capabilities and evolving client expectations.
• Conduct product training and awareness sessions for clients and internal teams.

Product Governance & Approvals

• Lead the internal product approval process for new offerings and major changes.
• Prepare product notes, regulatory impact assessments, risk evaluation, and financial feasibility documentation.
• Present proposals to internal committees (Risk, Compliance, Product Steering, etc.).
• Ensure that ongoing product enhancements are tracked, approved, and tested rigorously before deployment.

Market Intelligence & Competitor Benchmarking

• Track industry developments in GIFT City, AIF ecosystem, and global fund administration models.
• Conduct competitor benchmarking to maintain product competitiveness.
• Recommend strategic enhancements to keep offerings aligned with market evolution.

Performance Monitoring & Reporting

• Define KPIs for product performance and track adoption, client feedback, and operational efficiency.
• Prepare regular dashboards for management on product updates, CR status, market changes, and regulatory updates.
• Identify process gaps and drive continuous improvement.

Qualifications & Experience

• 8–14 years of relevant experience in Product Management, Fund Administration, AIF Operations, or Financial Services.
• Strong expertise in AIF structures, fund accounting, regulatory frameworks, and investor operations.
• Prior exposure to GIFT City and IFSCA regulations is highly preferred.
• Proven experience working cross-functionally with operations, technology, compliance, and client teams.
• Strong analytical, documentation, and communication skills.

Skills & Competencies

• Deep understanding of AIF Cat II fund structures and regulatory environment.
• Strong product thinking with ability to convert regulatory/market insights into product strategy.
• Excellent stakeholder management across business, operations, and clients.
• Strong project management, process design, and problem‑solving skills.
• Ability to manage multiple initiatives simultaneously with tight timelines.
• Proficiency in workflow tools, documentation, and product management platforms.

Disclaimer

Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.