Job description
Alagar & Associates LLP, founded in 2009 and later converted into a limited liability partnership, specializes in compliance, regulatory, financial, and legal advisory services.
With over 15 years of experience and an integrated team from Genicon Strategic Advisors Pvt.
Ltd., the firm leverages a multidisciplinary team of over 30 Company Secretaries and legal experts to deliver tailored solutions.
A&A is looking for the candidate for its Client in AIF Space.
Location: Chennai (on-site)
Experience: 2 to 3 years
Qualification: LLB required. CS preferred.
About the role
Our client is a SEBI-registered Alternative Investment Fund based in Chennai.
They are looking for a Compliance Officer to manage the fund’s regulatory work and support its investment deals.
This role sits close to both the investment team and the management.
You will make sure the fund follows SEBI rules, and you will help review deal documents before the fund invests.
What you will do
Fund compliance
Make sure the fund follows the SEBI (AIF) Regulations and related circularsPrepare and file regular reports with SEBI on timeKeep the PPM (Private Placement Memorandum) up to date and handle the yearly PPM auditTrack new SEBI rules and explain what they mean for the fundKeep proper records of investment committee and board meetingsInvestor onboarding
Handle KYC and anti money laundering checks for new investorsManage FATCA and CRS checksCheck FEMA rules for foreign and NRI investorsDeal support
Review term sheets, share subscription agreements and shareholder agreementsCheck that each deal fits the fund’s investment limits and rulesWork with outside lawyers, auditors, custodians and trustees during dealsFlag conflicts of interest and related party issues
What you need
LLB from a recognised university2 to 3 years of work in transaction advisory, PE or VC deals, or fund complianceGood working knowledge of SEBI AIF rules, Companies Act and FEMAHands-on experience reading and reviewing deal documentsClear writing and good attention to detailComfortable working with senior people and saying no when neededGood to have
CS qualification
Experience working inside an AIF, PE fund or VC fundNISM certification for AIFExperience with SEBI portal filings
Why join
Work directly with fund leadershipSee both compliance and deals from the insideGrow in a fast-moving part of India’s investment marketHow to apply
Send your CV to alagar@alagarassociates.com with the subject line “Compliance Officer AIF Chennai”.
Please mention your current salary, expected salary and notice period.
Role Description The Compliance Officer for Alternative Investment Funds (AIF) will oversee end-to-end compliance and regulatory requirements specific to AIFs, ensuring alignment with SEBI regulations and other applicable laws.
Day-to-day responsibilities include monitoring AIF operations for adherence to regulatory frameworks, reviewing fund documentation and investor communications, and maintaining accurate and up-to-date compliance records and registers.
The role involves coordinating with internal teams, legal advisors, and external stakeholders, preparing periodic compliance reports and filings, and supporting audits, inspections, and due diligence processes.
The Compliance Officer will also identify compliance risks, recommend corrective actions, contribute to policy and process improvements, and conduct internal training on regulatory updates relevant to AIFs.
This is a full-time, on-site role based in Chennai.
Qualifications
Candidates should possess strong skills in Compliance Management, with experience in designing, implementing, and monitoring compliance frameworks for AIFs or similar regulated entities.
Candidates should possess relevant Regulatory Compliance skills, including knowledge of SEBI AIF regulations, securities law, FEMA, and related corporate legal requirements.
Candidates should possess solid Analytical Skills to interpret regulations, assess risks, analyze data and reports, and recommend practical compliance solutions.
Candidates should possess effective Communication skills, including clear written and verbal communication, stakeholder management, and the ability to prepare professional reports and documentation.
Candidates should possess foundational Finance skills, such as understanding fund structures, investment terms, financial statements, and key metrics used in alternative investments.
Professional qualifications such as Company Secretary (CS), Chartered Accountant (CA), or a law degree (LLB) with relevant exposure to securities and fund regulations are highly beneficial.
Prior experience in AIF compliance, asset management, investment advisory, or related financial services, along with strong attention to detail and ethical judgment, will be an advantage.
Ability to
