Alter Domus India | Fund Services Assistant Manager, Private Credit

Responsibilities

• As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
• Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
• The opportunity to invest in our growth and success through our Employee Share Plan
• Manage a team of 10-12 members, ensuring efficient workflow management and achievement of team objectives.
• Oversee the end-to-end Net Asset Value (NAV) calculation process for Private Credit Funds.
• Ensure all deliverables meet established Service Level Agreements (SLAs) and quality standards.
• Act as the primary point of contact for auditors, coordinating audit requests and ensuring timely completion of audit requirements.
• Build and maintain strong relationships with clients and onshore stakeholders through effective communication and collaboration.
• Prepare and review monthly, quarterly, and annual investor reports.
• Calculate and review various performance returns.
• Oversee and ensure the timely and accurate execution of capital activities, meeting agreed service levels, quality standards, and client expectations.
• Review accounting records, financial statements, footnotes, and other financial reports in accordance with agreed standards, ensuring accuracy, completeness, and regulatory compliance.
• Review and sign off on SOC 1 checklists and support external SOC audit requirements.
• Ensure compliance with internal control frameworks, audit procedures, and regulatory requirements.
• Review fund documentation to ensure compliance with client agreements and applicable policies.
• Support for professional accreditations such as ACCA and study leave.
• Supervise, mentor, and train team members, including onboarding new employees and providing ongoing guidance and development.
• Administer, review, and report on fund accounting activities while maintaining compliance with industry standards and best practices.

Requirements

• Strong understanding of private credit fund structures and debt instruments like Syndicated Loans, Direct Lending Investments, Mezzanine Debt, CLOs.
• Good understanding of Capital Calls, Distributions, Management Fees, and Waterfall Calculations.
• Exposure to Loan Accounting including JE's.
• Strong analytical, communication, and stakeholder management skills.
• Ability to prepare SOPs and drive process improvements.
• Hands-on experience with cash reconciliations and fund operations.
• Ability to manage multiple priorities and deliver high-quality results within deadlines.
• Experience leading and developing teams.

Alter Domus

Alter Domus is a Luxembourg-headquartered provider of administration services to private markets and alternative investment managers. Its services cover fund administration, AIFM and depositary services, corporate services, loan agency and loan services, and technology and data tools such as fund accounting, investor management and portfolio data management. In India its teams are based in Hyderabad.

Its openings in India have been in Hyderabad. They have covered fund accounting for real estate and private credit funds, from fund accountant to senior fund accountant and fund services manager, along with reconciliation officers and managers, billing, client onboarding, corporate governance and delivery roles, and some positions serving EMEA clients.

• Industry: Fund and corporate services for alternative investments: fund administration, AIFM and depositary services, loan agency, fund accounting and corporate services
• Headquarters: Luxembourg
• In India: Hyderabad, Telangana