Job Requirements
- Investment Evaluation & Committee Support
ü Prepare detailed Investment Committee (IC) notes for proposed investments in Alternate Investment Funds (AIFs).
ü Conduct and participate in business meetings with fund managers to understand fund structure, strategy, governance, and assess investibility.
ü Support internal reviews related to fund onboarding, compliance, and investment approval processes.
- Portfolio Management & Data Maintenance
ü Maintain comprehensive data and documentation for all AIFs in the Bank's portfolio, including legal documents, approvals, and fund correspondence.
ü Update and track an investment tracker covering commitments, Account Opening, drawdowns, distributions, NAVs, and returns.
ü Ensure timely and accurate maintenance of portfolio records for internal stakeholders.
- Fund & Stakeholder Coordination
ü Collaborate closely with the NEG WB team for sourcing and evaluating new fund opportunities.
ü Maintain regular communication with invested funds to obtain quarterly data, including reports, NAV certificates, capital account statements, and other disclosures.
ü Act as the primary point of contact between fund managers and internal teams.
- Treasury, Operations & Reconciliation Support
ü Send deal entry mails to the Treasury team for investment booking, capital calls, and disbursements.
ü Coordinate with the Operations team for quarterly reconciliations, income recognition, repayment entries, and deal validations.
ü Ensure timely resolution of discrepancies identified during reconciliations.
- Internal & External Reporting
ü Provide required fund-related data and documentation to Operations, Finance, Risk, and Audit teams as and when required.
ü Support internal and external audits by coordinating responses and sharing accurate fund information.
ü Assist in ad-hoc MIS, regulatory, and management reporting related to AIF investments.
ü Cross Sell Tracking & Monitoring
ü Monitor cross sell commitments captured at the time of credit approval or onboarding (e.g., CASA, trade finance, fee based products, insurance, treasury, digital products).
ü Track actual realization of cross sell products against approved commitments on a periodic basis.
ü Maintain a centralized cross sell monitoring MIS at borrower / relationship / segment level.
ü Managing the AIF Portfolio with regards to Monitoring, Performance and other key parameters
ü Present the management with a regular update on the portfolio
ü Track key performance and analyze product performance to identify areas for improvement.
- Represent to collaborate with Compliance to facilitate data submission and smooth conduct of the RBI inspection/ Internal Audit/ Statutory Auditors
- Develop new and maintain Relationship with the IDFC First Bank vendors / data aggregators crucial for investment requirement.
- Investment Evaluation, fund due diligence support, portfolio data management, internal and external coordination, and ongoing operational and reporting support across investment lifecycles.
- Monitoring of Cross sell opportunities and other related monitoring in Commercial and Wholesale Banking segment
