Role: Vice President - Alternate Asset Operation

Location: Mumbai

- Specific Requirement: The candidate must know the syndicated loan trade lifecycle end to end, including technical aspects of loan trading and closing. Exposure to Private Credit is beneficial

- Key skills: Syndicated Loans, Private Credit, Asset Operations, Loan/Line closing

Job Purpose:

This role will lead the end-to-end operational support for private market investments, including syndicated loans, private debt, and other alternative asset classes. The role ensures accurate trade processing, lifecycle management, and compliance with regulatory and internal standards, while supporting front office and stakeholders across multiple asset types. This role will be based in Mumbai and will report to the Head of Investment Operations. The VP will be responsible for overseeing transaction processing and valuation support for private market funds.

The ideal candidate will bring deep domain expertise in private markets, strong leadership capabilities, and a strategic mindset to drive operational efficiency and transformation. The role requires close collaboration with investment teams, fund administrators, custodians, and other internal and external stakeholders.

Responsibilities:

Private Market Operations Oversight

- Work with counterparties, agents, and trading desks to prepare, review, and document syndicated loan trades and private debt transactions executed by Private Markets.

- Calculate and agree on settlement amounts payable between buyer, seller, or borrower.

- Ensure timely and accurate trade settlement and confirmation in line with market standards.

- Monitor and respond on behalf of Leveraged Finance to all private corporate actions related to syndicated loans.

- Assist Private Markets with Fund and Borrower KYC, ensuring compliance with internal and external requirements.

- Oversee and execute lifecycle activities across private market assets, from initial setup to final maturity.

- Activities include: System setup and data enrichment, Settlement, funding, and payment processing, Stock/cash and data reconciliations across operating models.

- Ensure accurate reporting for custodians and stakeholders.

- Provide administration, reporting, and asset transition support for Prudential Life & - Annuity non-linked funds and various M&G/Pru unitised fund ranges.

- Maintain accurate records and ensure timely delivery of reports to internal and external stakeholders.

- Act as an operational liaison for Equities & Fixed Income Front Office, ensuring: All public meetings are cascaded and communicated, Voting decisions and actions are completed before deadlines.

- Manage proxy voting processes, including maintaining and renewing market POAs to prevent vote rejections.

- Handle class action lifecycle management, ensuring impacted funds receive due proceeds.

Fund Launch & Project Support

- Ensure AAO, PCA, and Portfolio Services are operationally ready for all fund launches.

- Provide support for side-of-desk projects and ad-hoc initiatives as required.

Operational Risk and Governance

- Establish and maintain robust controls and governance frameworks across private market operations.

- Monitor operational risks and implement mitigation strategies in line with industry best practices.

- Get involved in service reviews and performance assessments of third-party providers.

Stakeholder Engagement

- Act as the key liaison between investment teams, legal, compliance, finance, and external service providers.

- Provide strategic insights and operational updates to senior management and governance committees.

- Partner with global teams to ensure alignment on operational standards and best practices.

Leadership

- Drive continuous improvement through automation, digital tools, and process optimization.

- Lead and mentor a team of private market operations professionals, fostering a high-performance culture.

- Support talent development and succession planning within the operations function.

- Represent private market operations in cross-functional forums and strategic initiatives.

- Drive continuous improvement across teams through automation, digital adoption, and workflow optimization.

- Lead and mentor a team of private market professionals, fostering a culture of accountability, innovation, and performance.

- Provide inspiring leadership ensuring appropriate people development and people management framework is in place to enable staff to perform to the best of their abilities.

Education and experience Requirements:

- Bachelor's degree in Finance, Economics, or related field.

- 15+ years of experience (10+ years in leadership capacity) in asset management, including strategic planning and large-scale project delivery

- Strong understanding of private markets, syndicated loans, credit documentation and private debt instruments.

- Knowledge of trade lifecycle management, private market settlement processes, and proxy voting / class actions.

- Familiarity with KYC/AML requirements for funds and borrowers.

- Excellent stakeholder management and communication skills.

- Ability to work under pressure and manage multiple priorities.

- Knowledge of custody, fund administration, and regulatory frameworks is desirable.

- Proven track record in managing global fund operations and transitioning work across onshore/offshore locations.

- Proficiency in Excel (advanced) and exposure to AI-driven reporting tools (desirable).

- Demonstrated ability to lead cross-functional teams and drive transformation initiatives.

- Excellent communication, presentation, and stakeholder management skills in matrixed environments.

- Strong analytical, financial, and change management capabilities.

- Ability to mentor talent and build a leadership pipeline.

- Willingness to travel globally as required.