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.
