Vice President – Alternative Investment Fund Talent Leads HR Solutions

The Corporate Institute; Mumbai; Vor Ort; INR 15.000.000 - 28.000.000; Vollzeit

Zusammenfassung

The Corporate Institute seeks a Vice President – AIF with functional oversight of Compliance & CFO/Head-Accounts. You will lead the full investment lifecycle from origination to exits, ensuring SEBI AIF compliance and robust investor reporting. A 15+ year track record in AIF/PE/VC/Private Debt is required.

Responsibilities include governance, fundraising support, tax, and regulatory filings while managing term sheets, valuations, and relationships with investors and trustees.

Qualifikationen

• Post-graduate degree in Finance, Engineering, Economics; MBA/CA/CFA/FRM preferred.
• Mandatory: NISM Series XIX-C – SEBI AIF certification.

Aufgaben

• Origination: Source deal flow and build funnel MIS.
• Evaluation: Lead screening and due diligence (financial, tax, legal, ESG).
• Valuation & Deal Structuring: Build valuation models; follow MF norms/IPEV for unlisted.
• Negotiate term sheets with protections (liquidity, covenants).
• Post-Investment Governance: Board representation; KPI tracking; compliance calendars.
• Monitoring: Monthly/quarterly reviews; covenants; early-warning triggers.
• Reporting: Investor packs (DPI, RVPI, TVPI, XIRR); SEBI/IVCA alignment.
• Exit: Prepare exit memos; manage timelines; distribute waterfalls.
• Fundraising Support & Compliance: PPM, DDQ; Q&A; SEBI compliance checks.
• Tax & Accounts: NAV computation; audits; pass-through tax sections; TDS.

Kenntnisse

Investment Judgement

Financial Acumen

Communication

Process Discipline

Ausbildung

Post-graduate degree in Finance

MBA

CA/CFA/FRM preferred

NISM Series XIX-C

Tools

SEBI SI Portal

Custodian/Depository workflows

Jobbeschreibung

Vice President – AIF (with functional oversight of Compliance & CFO/Head-Accounts)

REPORTING TO : Senior Vice President & Head – Alternate Investment Fund (AIF)

EXPERIENCE RANGE : 15+ years in AIF, Private Equity, Venture Capital, Private Debt, or Hedge Fund strategies with a demonstrated track record of closed deals and exits.

CRITICAL EXPERIENCE:

• To lead the full investment lifecycle-from origination and evaluation to portfolio monitoring, value creation, and exits. The incumbent will ensure Investor Relations, robust financial reporting, and strict adherence to the SEBI AIF framework, including the management of Category I, II, and III specific constraints (leverage, valuation, custody).

ESSENTIAL QUALIFICATIONS:

• Post-graduate degree in Finance, Engineering, Economics, (MBA. CA / CFA / FRM is highly preferred).
• Mandatory : NISM Series XIX-C – Alternative Investment Fund Managers Certification (valid and compliant with SEBI requirements)

JOB DESCRIPTION / RESPONSIBILITIES:

1. Origination & Execution:

• Origination: Source proprietary deal flow via founders, bankers, incubators, and industry bodies. Build and maintain funnel scorecards and pipeline MIS.
• Evaluation: Lead preliminary screening (market sizing, unit economics, governance checks) and direct comprehensive due diligence (financial, tax, legal, ESG, technical).
• Valuation & Deal Structuring: Develop investment theses and valuation models (DCF, comps, precedent transactions). Adhere to SEBI’s standardized valuation framework (MF norms for listed; IPEV guidelines for unlisted).
• Negotiate term sheets and definitive documents, ensuring robust protections (liquidation preference, anti-dilution, covenants).

2. Portfolio Monitoring & Value Creation

• Post-Investment Management: Establish governance plans, including board representation, KPI tracking, and compliance calendars.
• Monitoring: Conduct monthly/quarterly operating reviews to track covenants and identify early-warning triggers.
• Reporting: Manage data rooms and investor reporting packs (DPI, RVPI, TVPI, XIRR). Ensure performance benchmarking aligns with IVCA-recognized agencies (NSE/CRISIL/Preqin).

3. Divestments & Exits

• Prepare exit memos, manage timelines, and ensure fair value realization and distribution waterfalls strictly per the PPM and fund documents.

4. Investor Relations & Fundraising Support

• Fundraising Support: Develop fundraising collateral (PPM, DDQ, track record case studies) and lead diligence Q&A.
• PPM Compliance: Ensure the PPM follows the SEBI template and manage the annual PPM audit for submission to the Trustee/SEBI.
• Servicing: Manage capital calls, distributions, and investor queries, ensuring consistency with Quarterly Reporting (QAR).

5. Finance, Tax & Accounts Oversight

• Financials: Oversee NAV computation, capital account statements, and fee/carry accruals. Coordinate statutory audits and valuation sign-offs.
• Tax Compliance: Manage tax compliance and investor communication regarding pass-through status for Category I/II AIFs (Sections 115UB & 10(23FBA)) and business income taxation. Ensure accurate TDS deductions under Section 194LBB.

6. Regulatory Compliance & Governance (SEBI)

• Regulatory Adherence: Ensure ongoing compliance with SEBI (AIF) Regulations, 2012 (investor thresholds, corpus, continuing interest).
• Reporting: execute quarterly regulatory reporting on the SEBI SI Portal (AIF, schemes, KMPs, leverage limits).
• AML/KYC: Implement SEBI’s AML/CFT Master Circular (Client Due Diligence, STR reporting to FIU-IND).

Specific Mandates:

• PPM Audit: File annual PPM audit on the SEBI Intermediary Portal within 6 months of FY-end.
• Valuation Governance: Disclose methodology changes transparently; treat significant changes as “material” where applicable.

Technical Knowledge:

• Deep understanding of SEBI AIF Regulations, PPM requirements, and standardized valuation frameworks (IPEV/MF norms).
• Familiarity with tax pass-through mechanics (Sec 115UB) and withholding tax (Sec 194LBB).
• Proficiency with Custodian/Depository workflows and the SEBI SI Portal.

Skills & Competencies:

• Investment Judgement: Strong ability to assess risk/reward and negotiate complex term sheets.
• Financial Acumen: Advanced financial modeling, valuation, and scenario/stress testing.
• Communication: Executive presence for boardroom discussions and LP reporting.
• Process Discipline: Meticulous attention to compliance calendars, audit readiness, and regulatory filings.

KPIs / Success Metrics:

• Performance: Gross/Net IRR, TVPI, DPI, and RVPI vs. AIF Benchmarks.
• Execution: IC hit-rate, cycle time from Term Sheet to Close, and execution of value-creation initiatives.
• Compliance: On-time SEBI filings, clean PPM audit outcomes, and zero non- compliance observations