DRChoksey FinServ - Fund Manager - PMS/AIF

Role & Designation - Fund Manager - PMS / AIF, Fund Management SBU

Job Overview:

Responsible for managing discretionary PMS and/or AIF schemes with defined investment mandates. The role involves portfolio construction, security selection, risk management, client communication, and performance delivery in line with scheme objectives and regulatory norms.

Roles & Responsibilities:

- Manage PMS/AIF portfolios according to the documented investment philosophy and mandate.

- Conduct fundamental/quantitative research to identify investment opportunities.

- Construct and rebalance portfolios, manage liquidity, and monitor risk exposures.

- Present performance, strategy, and outlook to investors, distributors, and internal stakeholders.

- Maintain detailed investment rationales and documentation for all portfolio actions.

- Work closely with Research, Risk, Dealing, and Compliance teams.

- Monitor macroeconomic, sectoral, and company-specific developments impacting portfolios.

- Contribute to new strategy development and back-testing for new PMS/AIF schemes.

- Ensure adherence to investment restrictions, regulatory limits, and internal risk thresholds.

- Represent the firm in media / events / webinars where appropriate.

Skills Required:

1. Domain Skills:

- Strong understanding of equity / debt markets (as per product), valuations, and portfolio theory.

- Experience managing or co-managing live investment portfolios (PMS, AIF, MF, or proprietary).

- Knowledge of SEBI regulations governing PMS and AIFs.

- Sectoral expertise and proven stock-picking/idea-generation track record.

2. Technical Skills

- Advanced financial statement analysis and valuation capabilities.

- Proficiency with Excel, screening tools, and financial databases.

- Experience with portfolio analytics and risk tools (concentration, beta, VaR, attribution etc.).

- Strong written skills for investment notes, presentations, and investor communication.

3. Managerial Skills

- Ability to take ownership of performance and communicate transparently.

- Collaboration with sales, product, and operations teams.

- Time management and prioritization across research, portfolio actions, and client interactions.

- Clear, confident communication with sophisticated investors.

Qualifications:

- MBA/PG in Finance, CA, CFA or equivalent.

- 8-15+ years of buy-side investment experience, ideally with PMS/AIF or MF.

- Demonstrated track record of performance versus benchmark (to be validated through

track record).