Interesting Job Opportunity: Banyan Capital Advisors - Assistant Manager - Compliance & Operations

Assistant Manager - Compliance & Operations DESCRIPTION

Category III AIF

• 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 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