AIF compliance manager

Job Title: AIF Compliance ManagerLocation: (Mumbai / Bengaluru / Delhi-NCR)Department: Legal & ComplianceReporting To: Head – Compliance / Chief Compliance OfficerRole Summary The 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 Responsibilities 1. Regulatory Compliance & SEBI FilingsOwn 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 & DisclosuresReview 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 ComplianceOversee 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 GovernanceDraft, 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 & Experience Professional 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 circularsSEBI (PMS) Regulations, SEBI (PIT), SEBI (LODR) – plusCompanies Act, Income-tax provisions relevant to AIFs, and basic FEMA awareness.Skills & Competencies Excellent 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.Compensation CTC: Competitive and commensurate with experience