Principal Officer/Fund Manager - Hedge Fund

Position Name - Principal Officer/FundManager - Hedge fund

Location - Gift City-Gandhinagar

Experience Range - 5+ yrs

Mandatory Requirement:

- Mandatory experience in setting up hedge funds from scratch in GIFT City (IFSC) with direct interaction with IFSCA and service providers.

- Strong understanding of hedge fund products, structures, and trading strategies, including automated/systematic trading exposure.

- Proven capability to manage end-to-end compliance, governance, and operational readiness for hedge fund launch and ongoing operations.

Job Roles and Responsibilities:

1. Regulatory & Compliance Leadership

- Act as the designated Principal Officer and primary point of contact with IFSCA, SEZ authorities, and other regulatory bodies.

- Lead regulatory approvals, registrations, and ongoing compliance for hedge fund structures in GIFT City.

- Ensure full compliance with IFSCA regulations, including periodic filings, disclosures, and regulatory reporting.

- Track regulatory developments related to hedge funds, algorithmic/systematic trading, and cross-border structures, and implement changes proactively.

2. Hedge Fund Setup & Governance

- Drive hedge fund setup from inception, including structuring, licensing, operational readiness, and go-live in GIFT City.

- Establish robust governance frameworks covering Board oversight, Investment Committees, Risk Committees, and Audit Committees.

- Define and implement risk management, compliance monitoring, and internal control frameworks aligned with hedge fund best practices.

3. Fund Operations & Trading Oversight

- Oversee end-to-end fund operations, including onboarding of fund administrators, custodians, brokers, auditors, and legal advisors.

- Ensure readiness of operational processes such as NAV computation, trade lifecycle management, reconciliations, and reporting.

- Work closely with investment and technology teams to ensure compliance and governance for automated, algorithmic, or systematic trading strategies.

- Review and monitor operational and regulatory aspects of trading systems, OMS/EMS, and related controls.

4. Stakeholder & Team Leadership

- Maintain strong communication with regulators, investors, senior management, and service providers.

- Act as a trusted advisor to leadership on regulatory, operational, and governance matters related to hedge fund operations.

- Guide and mentor internal teams to ensure consistent adherence to compliance and governance standards.

Qualification and Experience:

- Professional qualification such as CA / CS / MBA (Finance, Operations, or Regulatory) or equivalent.

- 5-10+ years of experience in financial services with direct exposure to hedge fund setup and operations, preferably within GIFT City / IFSC.

- Proven experience in setting up hedge funds or similar capital market vehicles from scratch, including regulatory approvals and operational launch.

- Strong understanding of hedge fund products, trading strategies, and fund structures.

Preferred Skills

- Deep knowledge of IFSCA/IFSC regulations, SEZ compliance, and cross-border hedge fund structures.

- Exposure to systematic, algorithmic, or automated trading models and related regulatory requirements.

- Strong operational risk management and process-building capabilities.

- Excellent communication, stakeholder management, and leadership skills.