Head of Operations - Alternatives Investments

FORWARD · Mumbai, India

Head Operation- Alternative Investments will lead end-to-end operations across Organization's

Alternatives platform including:

The role will own operational governance, fund accounting oversight, investor servicing, regulatory reporting, taxation coordination, audit management, onboarding, trade operations, reconciliations and vendor ecosystem management.

This is a leadership role responsible for building robust control frameworks, managing operational risk, driving process excellence, and ensuring seamless support for business growth.

Aspiring applicants please share your updated resumes on:

Key Responsibilities

1. Alternatives Operations Leadership

Lead all operational activities across multiple alternative investment vehicles including:

• Category II AIFs

• Category III AIFs

• PMS mandates

• Offshore/GIFT City structures

• Real estate and private credit funds

Provide centralized governance, operating model oversight and strategic direction

across operational teams.

2. Fund Operations & Fund Accounting Oversight oversee :

• NAV review and approval

• Fund accounting controls

• Management fee and performance fee validation

• Expense allocations

• Fund-level books and records

• Investor allocations

• Portfolio and asset reconciliations

• Corporate action accounting

• Drawdowns and distributions

Ensure accuracy and timeliness of all operational deliverables.

3. Regulatory, Compliance & Audit Management

Drive adherence to:

• SEBI PMS Regulations

• SEBI AIF Regulations

• GIFT City / IFSCA requirements

• RBI reporting requirements

• Tax and statutory regulations

Serve as escalation owner for regulators, auditors and compliance teams.

5. Trade Operations & Treasury Management

Oversee operational support for:

• Equity and derivative settlements

• Hedge fund trade processing

• Custody operations

• Fund transfers

• Treasury movements

• Margin management

• Corporate actions

• Daily pricing controls

Ensure zero operational losses and strong maker-checker controls.

6. Controls, Risk & Governance

Own:

• Operational risk management

• Process controls

• Exception monitoring

• Escalation frameworks

• Business continuity planning

• SLA governance

• Operational MIS

Drive a culture of control, accountability and continuous improvement.

7. Stakeholder Management

Act as senior operational interface with:

• Custodians

• RTAs

• Bankers

• Auditors

• Tax advisors

• Fund administrators

• Compliance teams

• Fund managers

• Sales and Investor Relations teams

Support new launches and product expansions.

Desired Candidate Profile

Education

• CA preferred

• MBA Finance / CFA desirable

Experience

• 15-22 years of relevant experience

• Minimum 8-10 years in leadership roles

• Experience in PMS, AIF, Fund Accounting or Asset Management Operations

The ideal candidate should possess:

• Deep understanding of Alternative Investments operating models

• Strong knowledge of SEBI AIF and PMS regulations

• Strong fund accounting and NAV expertise

• Understanding of taxation applicable to funds and investors

• Ability to manage multiple fund structures simultaneously

• Strong stakeholder management skills

• Experience handling audits and regulatory inspection