AVP/SM Operations - Alternate Investment Fund

OKAS - DMI Alternative Investment Fund · India

Job Title: Senior Manager/AVP – Operations

Location: New Delhi

Reporting To: Head Operations-AIF

Industry: SEBI Registered Category II Alternative Investment Fund (AIF)

Role Summary

The Senior Manager/AVP – Operations will be responsible for overseeing AIF operations with primary ownership of documentation governance, regulatory filings, transaction documentation control for a SEBI-registered Category II AIF. The role requires strong regulatory understanding, precision in documentation management, and coordination across legal, compliance, investment, and fund administration teams.

Key Responsibilities

1. Transaction & Deal Documentation (Core Responsibility)

Coordinate documentation for investment transactions including:

Manage investor onboarding, KYC documentation, and AML processes.

Coordinate with external legal counsel for transaction documentation and closing.

Ensure documentation reflects agreed commercial terms (coupon, IRR, redemption premium, covenants, security cover, cash flow waterfall).

Oversee CP (Conditions Precedent) and CS (Conditions Subsequent) tracking and closure.

SHA / SSA / Debenture Subscription Agreements

Coordinate with Trustees including appointment, fees negotiations and scope of responsibilities.

Escrow agreements

Pledge agreements

Ensure proper execution, stamping, and safe custody.

Maintain master documentation repository (physical & digital).

Ensure proper version control and document audit trails.

Maintain transaction closing checklists and records.

Ensure adherence to internal SOPs and governance framework.

2. Stakeholder Management

Coordinate cross-functionally with investment, finance, compliance, and legal teams.

Liaise with debenture trustees and security trustees.

3. Technology & Record Management

Implement document management system (DMS).

Ensure secure digital storage and restricted access controls.

Drive automation in reporting and compliance tracking.

Implement documentation control framework as per SOP.

Ensure proper archival policy as per regulatory norms.

4. Qualifications & Experience

Postgraduate/CS / LLB / MBA preferred.

7–10+ years of experience in Category II AIF (Private Equity / Debt Fund / Real Estate Fund).

5. Key Competencies

Exceptional attention to detail.

Strong drafting & documentation review skills.

Deep regulatory understanding.

Structured & process-driven approach.

Strong coordination & stakeholder management.

Ability to handle tight deadlines and prioritize tasks.

Advanced Excel