Principal Officer Portfolio Management Services (PMS)

Location: Mumbai, India | Full-time

CTC: Starting from ₹10 LPA, based on experience and qualifications.

About Delphos

• Delphos Asset Management is an investment management firm focused on systematic investing, independent research, quantitative insights, and disciplined portfolio construction. The firm's investment approach combines strategic asset allocation, risk-conscious investing, and ongoing portfolio oversight to pursue consistent, risk-adjusted returns across market cycles. 
• Delphos was founded by Rachit Parasrampuria, a Computer Science and Economics graduate from Cornell University. Prior to founding Delphos, Rachit led Portfolio Monetization within Citadel's Equity Quant Research team, where he built systematic strategies and scalable investment pipelines for multibillion-dollar portfolios. 
• As Delphos builds and scales its Portfolio Management Services (PMS) business, we are looking for a Principal Officer to take responsibility for the oversight of the PMS function.

Job Description

• We are looking for a Principal Officer – Portfolio Management Services (PMS) to oversee the investment management, operations, risk management, and regulatory framework of our PMS business.
• This is a senior role with significant ownership across portfolio management, investment processes, risk management, governance, and regulatory compliance.

Responsibilities

• Oversee portfolio management and investment operations of the PMS business.
• Ensure compliance with applicable SEBI PMS regulations, circulars, and regulatory requirements.
• Supervise portfolio construction, investment processes, and risk management.
• Establish and maintain appropriate internal controls, policies, and operating procedures.
• Oversee regulatory reporting, disclosures, and compliance requirements.
• Coordinate with SEBI, custodians, auditors, and other market intermediaries.
• Establish appropriate governance and oversight frameworks for investment management activities.
• Continuously improve the firm's investment processes, risk controls, and operating framework.

Requirements

Mandatory SEBI Eligibility

Candidates must satisfy the applicable eligibility requirements prescribed by SEBI for appointment as Principal Officer of a Portfolio Manager.

Educational / Professional Qualification

Candidates must possess at least one of the following:

• Professional qualification in Finance, Law, Accountancy, or Business Management from a recognised university or institution; or
• CFA Charter from CFA Institute; or
• Completion of the NISM Post Graduate Program in Securities Market (Portfolio Management) of at least one year.

Relevant Experience

• Minimum 5 years of experience in related activities in the securities market, including experience with a Portfolio Manager, Stock Broker, Investment Adviser, Research Analyst, or as a Fund Manager.
• At least 2 years of relevant experience in Portfolio Management, Investment Advisory Services, or areas related to Fund Management.

NISM Certification

• Must hold the relevant NISM certification prescribed for a Principal Officer of a Portfolio Manager, including NISM Series XXI-B: Portfolio Managers Certification Examination, or be eligible and willing to obtain the required certification prior to appointment, subject to applicable regulatory requirements.

Additional Requirements

• Strong understanding of Indian capital markets and investment management.
• Strong understanding of the regulatory framework governing PMS in India.
• Experience with portfolio construction, investment processes, and risk management.
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication and stakeholder management skills.
• Ability to independently own and oversee a regulated business function.

Important

Please apply only if you satisfy the applicable mandatory SEBI eligibility requirements for appointment as Principal Officer of a Portfolio Manager.

Candidates can apply through LinkedIn or submit their CV through the application process.