Assistant Manager - AIF Trustee Operations

Its never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Assistant Manager Client Service Delivery Operations – AIF. Reporting to the Operations Manager, this full-time and permanent position is based in Mumbai-Andheri, India and offers regional coverage, allowing you to make a significant impact to our AIF Trustee and its’ growth.

Key responsibilities:

1. Operations & Fund Management

• Manage PAN/TAN applications, tax filings (TDS, ITR, Form 64/64D, 15CA) and regulatory registrations
• Maintain fund documentation (IMA, Trust Deed, PPM, etc.) and client database
• Process transactions including demat conversion, transfer of units/shares, and onboarding
• Monitor fund lifecycle including tenure, AUM reporting, and winding-up activities
• Prepare closure memos, partial release letters, and support execution documentation
• Handle client queries and coordinate with stakeholders (IMs, custodians, internal teams)
• Support automation initiatives and MIS reporting

2. Compliance & Monitoring

• Review QCRs, CTRs, PPM, audit reports, financials, and Trustee Compliance Reports
• Raise queries with Investment Managers (IMs) and track closure of observations
• Identify breaches, issue letters, and monitor corrective actions
• Maintain and track watchlist and SCN cases; coordinate with Legal and Compliance teams
• Prepare monthly/quarterly compliance reports and track regulatory timelines
• Ensure adherence to regulations prescribed by Securities and Exchange Board of India (SEBI), IFSCA
• Stay updated on regulatory changes and assist in handling client queries.

Key requirements:

• CA / CS / CFA / LLB preferred, Inter CA or MBA having reasonable accounting background
• Strong understanding of AIF regulations prescribed by Securities and Exchange Board of India (SEBI) and familiarity with International Financial Services Centres Authority (IFSCA) regulations
• Working knowledge of fund lifecycle, tax filings, and regulatory reporting (including offshore structures/GIFT City exposure preferred)
• Good analytical skills with strong attention to detail
• Effective communication and stakeholder management skills
• Ability to manage multiple deadlines in a dynamic environment
• Proficiency in MS Excel and reporting tools
• Excel, Word, Power point and Writing & Presentation skills

Company Benefits:

At our Vistra India office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.

Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!