Banyan Capital Advisors - Assistant Manager - Compliance & Operations

Assistant Manager - Compliance & Operations

JOB DESCRIPTION:

Asst. Manager - Compliance and Operations will be responsible for the end-to-end ownership of operational workflow of Category III AIF to cover the following deliverables:

- Periodically review exposure, drawdowns, and investor commitments against fund documents and regulatory limits.

- Conduct pre- and post-trade compliance checks (investment concentration limits, sector restrictions, leverage, etc.).

- Ensure transactions are within regulatory and fund-specific boundaries.
- Assist in drafting and updating internal compliance checklists, SOPs, and dashboards.
- Assist in preparation and filing of regulatory reports including SEBI AIF reports (monthly/quarterly), RBI/FEMA filings if applicable.
- Monitor compliance with SEBI AIF Regulations, PPM (Private Placement Memorandum), and internal investment guidelines.
- Validate accruals, expenses, performance fees and management fee computations as per PPM and agreements.
- Support audits and inspections (SEBI, statutory, internal) by providing required data and explanations.
- Coordinate daily/periodic NAV computation with fund administrator; review trial balance, valuations, and reconciliation reports.
- Ensure timely and accurate recording of fund transactions.
- Support investor queries related to capital statements, tax workings, and portfolio performance.
- Prepare financial statements, investor reports, and quarterly performance reports.
- Work closely with auditors for annual audits, tax filings, and statutory reporting.

QUALIFICATIONS:

- CA / MBA (Finance) or equivalent professional qualification.

- 3 to 5 years of relevant experience in AIF/PMS/Mutual Funds or compliance.
- Working knowledge of SEBI AIF Regulations, Companies Act, and taxation aspects relevant to AIFs.
- Ability to comprehend financial reports
- Excellent working knowledge of excel
- Attention to detail is a MUST
- Strong written and verbal communication skills will be an added advantage in this role

Salary: competitive package based on relevant experience