Director - AUM Operations & Data Transformation | Mumbai

Associate Director AUM Operations & Data Transformation

Location: Mumbai (Work from Office)

About the Role:

We are looking for an experienced Associate Director to lead strategic transformation initiatives across Assets Under Management (AUM), Capital Raise, Revenue Reporting, and Data Management for a global asset management organization.

This leadership role will drive the modernization of AUM operations by transitioning legacy reporting and ERP-based processes to a modern Data Lakehouse platform, enabling standardized data governance, automated reporting, and a single source of truth across Finance, Investment Operations, Distribution, and Technology.

The ideal candidate brings a strong combination of asset management domain expertise, ERP/data transformation experience, stakeholder leadership, and program management.

Key Responsibilities:

AUM & Revenue Operations

• Lead end-to-end AUM reporting across public and private market investment vehicles.
• Manage AUM roll-forward processes including subscriptions, redemptions, transfers, market movement, FX impacts, distributions, and capital activity.
• Oversee Capital Raise reporting and investor flow analytics.
• Drive Revenue-to-AUM reconciliation and reporting accuracy.
• Ensure consistency across management, regulatory, and executive reporting.

Data Transformation & Modernization

• Lead migration of AUM reporting from legacy spreadsheets and multiple reporting tools to an enterprise Data Lakehouse platform.
• Design target-state operating model for AUM data management and reporting.
• Define enterprise data governance standards.
• Drive automation of month-end and quarter-end reporting processes.
• Improve data quality, lineage, certification, and auditability.

Master & Reference Data Management

• Govern enterprise reference data including:
• Fund Master
• Security Master
• Investment Vehicle hierarchy
• Client hierarchy
• Legal Entity structure
• Currency and benchmark mapping
• Ensure consistency of Investment Vehicle codes across upstream and downstream systems.
• Establish governance processes for master data lifecycle management.

Investment & Accounting Data Integration

• Drive integration of:
• Accounting Book of Record (ABOR)
• Investment Book of Record (IBOR)
• Market Data
• ERP Platforms
• Data Warehouse/Lakehouse
• Build a unified reporting model across accounting and investment operations.
• Improve reconciliation and certification of investment data.

ERP & Technology Leadership

• Partner with Technology teams on ERP modernization initiatives.
• Define business requirements and operating models.
• Support data architecture, reporting automation, and workflow optimization.
• Collaborate with Data Engineering teams on scalable reporting solutions.

Governance & Controls

• Establish governance for AUM reporting processes.
• Define reporting controls and certification frameworks.
• Implement KPI, SLA, and data quality dashboards.
• Support regulatory and audit requirements.

Stakeholder Management

• Partner with senior stakeholders across:
• Finance
• Fund Accounting
• Investment Operations
• Distribution
• Product
• Technology
• Data Management
• Lead steering committees and transformation governance forums.
• Present updates to senior leadership and executive stakeholders.

Program Leadership

• Lead large-scale business transformation programs.
• Manage cross-functional project teams.
• Drive change management and user adoption.
• Ensure timely delivery of strategic initiatives.

Required Qualifications:

• Bachelor's degree in Finance, Accounting, Business, Computer Science, or related discipline.
• MBA, CA, CFA, CPA or equivalent professional qualification preferred.
• 10+ years of experience in Asset Management, Investment Operations, Fund Administration, or Financial Services.
• Minimum 5 years leading transformation, ERP, or data modernization initiatives.
• Experience managing global stakeholders.

Required Domain Expertise

Strong understanding of:

• Assets Under Management (AUM)
• Capital Raise lifecycle
• Revenue Reporting
• Investment Performance Reporting
• Public and Private Market fund structures
• Mutual Funds
• ETFs
• Hedge Funds
• Private Equity
• Private Credit
• Real Estate Funds
• Infrastructure Funds
• Separately Managed Accounts (SMA)
• Collective Investment Trusts (CITs)

Technical & Functional Skills

Experience with:

• ERP Platforms (SAP, Oracle, Workday or equivalent)
• Data Lakehouse architecture
• Data Warehousing
• Master Data Management (MDM)
• Data Governance
• Metadata Management
• Data Lineage
• Reporting Automation
• SQL (preferred)
• Power BI/Tableau
• Cloud platforms (Azure, AWS, Snowflake, Databricks preferred)

Book of Record Expertise

Strong working knowledge of:

• Accounting Book of Record (ABOR)
• Investment Book of Record (IBOR)
• Portfolio Accounting
• Fund Accounting
• Investment Accounting
• Position Reconciliation
• Cash Reconciliation
• Holdings Validation
• Security Master
• Pricing Data

Leadership Competencies

• Strategic thinking
• Executive stakeholder management
• Business transformation leadership
• Program governance
• Team leadership and mentoring
• Strong communication and presentation skills
• Decision-making under ambiguity
• Cross-functional collaboration
• Change management

Preferred Experience

• Experience within a global Asset Management or Investment Management organization.
• Experience leading enterprise data transformation or ERP implementation programs.
• Exposure to Data Lakehouse platforms such as Databricks, Snowflake, or Microsoft Fabric.
• Experience implementing enterprise data governance frameworks.
• Familiarity with regulatory reporting and audit controls within investment management.

Key Success Measures

• Successful migration of AUM reporting to a modern Data Lakehouse platform.
• Improved data quality, governance, and reporting accuracy.
• Accelerated month-end and quarter-end close.
• Increased automation and reduction in manual spreadsheet dependency.
• Certified, auditable, enterprise-wide reporting.
• High stakeholder satisfaction and successful delivery of strategic transformation initiatives.

Interested candidates can share their resume at [email removed]