Posted By
Posted in
Banking & Finance
Job Code
1504286
Director - Head of Operations, LC Capital India
Reports to Chief Executive Officer, India
Location New Delhi
About Lighthouse Canton
Founded in 2014, Lighthouse Canton is a Singapore-headquartered global investment management firm with US$ 3.5+ billion in Assets Under Management (AUM). Lighthouse Canton is one of the leading and award-winning investment firms in the region, focusing on managing funds with uncorrelated investment strategies, providing investors with the opportunity to achieve consistent returns across market cycles. The firm has 120+ professionals with additional offices in Dubai and India.
LC Capital India, a subsidiary of Lighthouse Canton Pte Ltd, is a financial services firm with a team of experienced Bankers with an average 20 years of experience in the field of Asset Management and Private Banking and a track record of superior performance across market cycles.
Our Wealth Management business serves Ultra High net worth individuals, Families and Family offices across their investment, Estate, Tax and Philanthropic needs.
We believe in hiring smart and curious people with the highest integrity. We offer talented professionals an opportunity to grow in a collaborative environment, surrounded by driven colleagues and the opportunity to make an impact from the first day in the organization.
Individual Contributor or People Manager:
People Manager:
Job Purpose:
As the Head of Operations, your primary responsibility is to drive strategic initiatives, streamline internal processes, and oversee day-to-day operations. Youll collaborate with internal stakeholders, manage external partnerships, and ensure compliance across various operational areas. Additionally, youll play a crucial role in new fund development and launch processes.
Duties and Responsibilities:
1. Implementation of Strategic Initiatives:
- Manage the operations and IT team to deliver high-standard operational support, including setting
targets, preparing deliverables, and maintaining internal quality standards.
- Standardize internal management processes and improve existing procedures.
- Partner with internal stakeholders to drive operational excellence.
- Build and manage strategic partnerships with external parties.
- Set up business processes, procedures, and policies through continuous evaluation and execution
of improvements.
- Control strategic project planning and resource allocations.
- Act as the point of contact and Provider Manager for external service providers.
- Balance multiple programs/projects from initiation to closure.
- Define project scope, objectives, and governance.
- Actively lead project execution against quality standards, targets, and budgets.
- Plan, manage, and track project delivery milestones.
- Identify and mitigate risks, issues, and dependencies.
- Collaborate with the Compliance department to implement regulatory and licensing requirements.
- Ensure appropriate checks and balances for managing credit, market, operational, regulatory/compliance, and business risks.
- Manage the departments budget and financial soundness.
2. Management of Day-to-Day Operations:
o People management:
- Relationship management with PBs, brokers, fund administrators, and other service providers.
- Oversight of back and middle office teams handling daily trade confirmation, settlements, cash and position reconciliations, P&L calculations, risk management, and collateral management.
- Review and verification of weekly/monthly NAV calculations.
- Compilation of fund performance updates, portfolio reports, and KPI reports.
- Monitoring and accurate execution of KYC & AML checks on investors.
- Collaboration with Portfolio Management and external parties to ensure compliance.
- Year-end audit oversight with auditors and administrators
3. Oversight of New Fund Development, Design, and Launch Processes:
- Work closely with senior management to understand new fund launch requirements and
timelines.
- Coordinate with legal counsel (onshore and offshore) on fund structuring and setup.
- Provide inputs and finalize Offering Memorandum, Subscription & Redemption forms, and other
ancillary documents.
- Evaluate and select prime brokers, custodians, bankers, fund administrators, and other service
providers.
o Complete required account opening and onboarding formalities.
o Design and implement internal operational flow and controls.
Experience and Qualifications:
- 12-15 years of experience in banking and/or Fund Management Operations, with at least 7 years in team management.
- Solid knowledge of various operations areas and workflows, including equities, fixed income, and
derivatives.
- Familiarity with banking regulations, laws, and MAS guidelines.
- Strong multitasking abilities and project management skills.
Skills:
- Skills (Include soft skills both required and desired such as Team player, People Manager etc.
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Posted By
Posted in
Banking & Finance
Job Code
1504286