Head of Systematic Investing – Founding PM role | SEBI Cat III AIF | Build India's leading quant platform

We are NOT looking for a quant researcher or strategy designer. We are looking for a senior Quant PM (15+ years Indian equity, ₹500Cr+ AUM experience) who has run a live systematic fund with P&L responsibility and is ready to build a platform from scratch

Location: Mumbai

Reporting To: Investment Committee/Founder

Role Summary: We are launching a series of systematic investing AIFs starting with an Absolute Returns Fund are and seeking a high-caliber Head of Systematic Investing to build and lead the systematic investment platform. The idea is to build a scalable quant platform, that can manage funds with different risk reward parameters as per client needs.

This role combines:

Design of multiple systematic strategies and products in time
Strong portfolio management with risk adjusted returns
Institutional-grade risk oversight
Fund architecture design
Investor engagement & AUM scale-up along with the sales team
Team and platform building

The ideal candidate brings a proven Indian equity track record and an entrepreneurial mindset to build a differentiated alternatives platform.

Key Responsibilities

Investment Strategy & Portfolio Management

Design and execute systematic strategies – can be absolute returns, long short, quant, algorithmic, options-oriented market neutral etc.
Define gross/net exposure ranges and leverage framework.
Deliver consistent alpha with disciplined drawdown control.

Architecture & Research

Ensure platform is capable of onboarding PMs with different strategies (MN, Options led, directional etc.)
Put research framework in place, to which new PMs can latch on, and add to
Co creating tech infrastructure for the platform

Allocation & Risk Management

Allocate fund AUM to different strategies
Identify strategy mix for funds, to suit client needs
Ensure adherence to SEBI Category III AIF regulations.
Monitor leverage, liquidity, sector exposure, and concentration limits.
Establish portfolio risk dashboards and stress-testing framework.
Coordinate with compliance, fund administrators, custodians, and auditors.

Platform & Team Building (Founding Mandate)

Evaluate, hire PMs as the platform grows
Ongoing evaluation of PM strategy performance
Act in the capacity of a PM
Implement risk systems, OMS/PMS infrastructure.
Contribute to PPM drafting and investment mandate articulation.

Communication & Fundraising

Work on creating and sharpening our pitch for clients
Periodic outgoing communication regarding fund level performance and environment
Support long-term AUM scale-up strategy.

Candidate Profile

15+ years in Indian equity markets.
Demonstrated alpha generation (long/short preferred).
Quant skills: ability to build and evaluate strategies
Strong derivatives and hedging expertise.
Best in class quantitative skills
Experience in AIF / PMS / hedge fund / proprietary desk preferred.
Prior PM experience.
Strong network across brokers, allocators, and institutional ecosystem.

Head of Systematic Investing (AIF)