AIF compliance manager

Job Title: AIF Compliance ManagerLocation: (Mumbai / Bengaluru / Delhi-NCR) Department: Legal & Compliance Reporting To: Head – Compliance / Chief Compliance OfficerRole SummaryThe AIF Compliance Manager will be responsible for end-to-end regulatory compliance for the Alternative Investment Funds (Category I/II/III), ensuring full adherence to SEBI (AIF) Regulations, 2012 , circulars, and other applicable laws. The role involves managing day-to-day compliance, regulatory filings, internal controls, and acting as a key interface with regulators, service providers, and internal stakeholders. Key Responsibilities1. Regulatory Compliance & SEBI Filings Own the compliance calendar for all AIF schemes – track due dates, filings, and status. Prepare, review, and file periodic SEBI returns (quarterly, half-yearly, annual, CTR, etc.). Monitor SEBI circulars/notifications and implement regulatory changes in processes and documentation. Prepare responses and documentation for SEBI queries / inspections in coordination with senior management and legal counsel. 2. Fund Documentation & Disclosures Review and maintain Private Placement Memoranda (PPM) , contribution agreements, side letters and amendments from a compliance perspective. Ensure fund documents, marketing material and investor communication are consistent with PPM and SEBI requirements . Support periodic updates to PPM / fund documents in case of changes in strategy, fee, governance, or regulatory requirements. 3. Investor & Operational Compliance Oversee compliance aspects of onboarding, drawdowns, distributions, investor classification and eligibility . Coordinate with fund accountant, RTA, custodian and other intermediaries to ensure data and reports align with regulatory filings . Monitor related party transactions, valuation process, conflicts of interest , and escalate deviations. 4. Tax & Cross-Border Coordination (as applicable) Coordinate with tax advisors for Form 64C/64D, ITR filings, TDS under section 194LBB , and investor tax reporting. Monitor FEMA / RBI-related compliance triggers for foreign investors and cross-border flows; coordinate filing/structuring with advisors. 5. Policies, Controls & Internal Governance Draft, review and update compliance-related policies and SOPs (insider trading, code of conduct, conflict of interest, valuation, risk management, etc.). Conduct periodic internal compliance reviews , identify gaps, and implement corrective actions. Prepare regular compliance dashboards / MIS for management, trustees, and investment committee. Required Qualifications & ExperienceProfessional Qualification: CS / LLB / CA / CFA (any one mandatory; combination preferred). Experience: 4–7 years of relevant experience in AIF / PMS / Mutual Fund / NBFC / Investment Banking compliance or legal , with at least 2–3 years specifically handling SEBI AIF or PMS regulations . Strong working knowledge of: SEBI (AIF) Regulations, 2012 and related circulars SEBI (PMS) Regulations, SEBI (PIT), SEBI (LODR) – plus Companies Act, Income-tax provisions relevant to AIFs, and basic FEMA awareness. Skills & CompetenciesExcellent understanding of regulatory requirements and practical implementation in an AIF set-up. Strong drafting and documentation skills (filings, policies, letters to regulators). High attention to detail, strong process orientation , and ability to design and maintain trackers/calendars. Ability to interact confidently with regulators, trustees, investors, and internal stakeholders . Proactive, ownership mindset; able to work independently in a lean team environment. CompensationCTC: Competitive and commensurate with experience