Principal Officer

The Principal
Officer will act as the key managerial person responsible for the overall
functioning of the fund management entity, ensuring compliance, governance, and
financial discipline in line with IFSCA and SEBI AIF regulations.

The role demands a
seasoned professional with a strong background in Compliance, Legal,
Accounting, and Fund Operations, who can act as a bridge between management,
investors, and regulators, and play an active role in the Investment Committee
(IC) to ensure sound governance and decision -making.

Key Responsibilities

Regulatory & Compliance Management

• Ensure full
  compliance with IFSCA (Fund Management) Regulations, 2022, and SEBI
  (AIF) Regulations, 2012.
  
• Develop and
  maintain a robust compliance and governance framework for fund operations.
  
• Oversee
  preparation, review, and submission of all regulatory filings, returns,
  and disclosures to IFSCA / SEBI / MCA.
  
• Monitor
  circulars, updates, and policy changes issued by regulators and ensure
  internal alignment.
  
• Maintain an
  effective compliance monitoring system, compliance manual, and SOPs.
  

Legal & Governance

• Oversee all
  legal documentation including fund trust deeds, contribution agreements,
  side letters, and service -level contracts.
  
• Liaise with
  external legal counsel and trustees for documentation and fund structuring
  matters.
  
• Provide
  legal interpretation and advice on AIF, Companies Act, FEMA, and other
  applicable frameworks.
  
• Support
  Board and Investment Committee governance, ensuring timely reviews and
  documentation of minutes.
  

Accounting, Finance & Fund Administration

• Oversee
  accounting, audit, and fund reporting functions to ensure accuracy and
  compliance with Indian GAAP / IFSCA standards.
  
• Coordinate
  with auditors, fund administrators, and custodians for NAV, fund
  accounting, and reconciliation.
  
• Ensure
  proper financial controls, capital call management, investor payouts, and
  expense monitoring.
  
• Prepare
  periodic MIS and financial performance reports for management and
  investors.
  

Investor Relations & Reporting

• Act as a
  single point of contact for investor communications and regulatory
  disclosures.
  
• Ensure
  compliance with investor onboarding, KYC/AML/CFT procedures, and reporting
  obligations.
  
• Review and
  approve quarterly investor statements, fund performance reports, and audit
  deliverables.
  
• Address
  investor queries and coordinate due diligence requirements as required.
  

Investment Committee & Decision Support

• Participate
  as a member of the Investment Committee (IC), providing regulatory
  and compliance oversight in investment decisions.
  
• Review and
  validate investment proposals for adherence to AIF regulations and fund
  strategy.
  
• Ensure
  post -investment monitoring, exit documentation, and compliance with fund
  covenants.
  

Requirements

Requirements

• Education:
  
• Qualified CS
  + LLB/CA .
  
• NISM Certification
  
• Experience:
  
• 10–15 years
  of experience in Compliance, Legal, Fund Accounting, or Fund
  Operations within an AIF / PMS / AMC / Financial Institution.
  
• Proven
  track record of handling regulatory liaison with IFSCA, SEBI, and other
  financial authorities.
  
• Knowledge:
  
• Strong
  command over AIF Regulations, IFSCA Fund Management framework, Companies Act, FEMA, and Taxation for AIFs.
  
• Understanding
  of fund accounting, audits, investor relations, and financial controls.
  
• Skills:
  
• Excellent
  leadership, analytical, and communication skills.
  
• High
  attention to detail, integrity, and ability to multitask across legal,
  compliance, and financial areas.