Operations Executive

Job Description

• Part of the operations team for IFSCA-registered distribution business in GIFT City
• Execute and monitor client investments in IFSC-domiciled funds, AIFs, PMS and global/outbound investment products
• Onboard clients (resident Indians, NRIs and foreign investors) and complete KYC/Due Diligence as per the IFSCA AML, CFT & KYC Guidelines, including beneficial ownership, FATCA/CRS and source-of-funds checks
• Verify FATCA/CRS declarations, source-of-funds documentation and beneficial ownership details
• Coordinate LRS remittances for resident investors with banks and IFSC Banking Units (IBUs)
• Coordinate with fund administrators, custodians, trustees and IFSC Banking Units for subscriptions, redemptions, capital calls and distributions
• Execute non-financial transactions such as nominee updates, transmission, change of details, etc.
• Support compliance with the IFSCA (CMI) Regulations, including periodic regulatory filings and reporting
• Coordinate with intermediaries and platforms in GIFT City as required
• Maintain records, track USD-denominated transactions and reconcile client holdings
• Prepare reports as per internal processes, regulatory requirements and for client information purposes.

Growth Opportunity

• Low hierarchy in the organization
• Growth opportunity within the organization
• Exposure to cross-border investments and the fast-growing GIFT City ecosystem

Desired Skills & Experience

• Knowledge of fund operations for AIFs, PMS and IFSC fund structures
• Understanding of the IFSCA regulatory framework, AML/KYC norms and FEMA/LRS guidelines
• Familiarity with FATCA/CRS and cross-border documentation
• Familiarity with FEMA/LRS and cross-border fund flows
• Documentation verification and process coordination
• Strong communication and follow-up skills
• Attention to detail
• Proficiency in MS Excel/Google Sheets (finance)
• Knowledge of finance, global capital markets and foreign currency transactions is preferable
• Prior experience in a GIFT City entity, AIF/PMS Operations, or MF Operations is an added advantage