CURRENT OPENINGS

Job Description – Jr- Consultant, Sr- Consultant, Risk Opening till 30th Nov 2021

Required Profile

      • 2 to 4 years of work experience, experience in an investment banking, corporate finance, consulting, investing or related role would be preferred
      • Should have knowledge and understanding of the financial markets, strong accounting, finance, analytical/ strategic thinking capabilities and quantitative skills
      • Experience with investments and/ or commercial negotiations, understanding of transaction cycle and the steps in the investment process would be preferable
      • Excellent written and spoken interpersonal communication skills
    • Self-directed, proactive, highly motivated, and able to work independently
    • Well-rounded academic background, CA or MBA from a top tier educational institution would be preferable

Job Description

        • Assistance in managing all aspects of a fund of fund transaction from
          i. initial screening up to closure,
          ii. preparation of investment collaterals,
          iii. deal documentation including discussions with external advisors,
          iv. evaluation of investment terms, investment related discussions and negotiations,
          v. running the due diligence process, ensuring compliance with the investment objectives & policies of the fund, and
          vi. take on any other roles and responsibilities as specified by the CIO/reporting manager
        • Assistance in drafting of reporting formats, investment policies and procedures for implementation and management of SRI Fund
        • Assistance in fund administration and monitoring the progress of SRI Fund including preparation/ evaluation of monitoring dashboards/ reporting by daughter funds and internal reporting of SRI Fund
        • Co-ordinating with various agencies including but not limited to fund accountant, RTA, insurance companies, DD agencies, etc
        • To assist in developing and enhancing relationships between the Stakeholders and SVL for SRI Fund
        • Research and data analysis on various investment opportunities, sectors, regulations, etc
        • Support team in compliance with applicable law including SEBI, RBI, Income tax, etc. in relation to SRI Fund

The contract will be for an initial period of 1 year, extendable by mutual consent of both parties with a notice period of 2 months. The Consultant shall devote whole time and attention exclusively to the duties entrusted and shall not engage, either directly or indirectly, to work for any other person or company in any capacity whatsoever, nor shall do any private/ government/ political/ social business or activity, whether for profit or not for profit, without the previous permission of SVL in writing.

SBICAP Ventures Limited is an equal opportunity employer and seeks to increase diversity in its operations.

Required Profile

      • Around 12-14 years of work experience, experience with government advisory with a Big-4 would be preferred
      • Previous experience in handling relationships with Government Agencies, regulatory agencies and managed compliances and approvals
      • Should have knowledge and understanding of the financial markets
      • Experience with investments and/ or commercial negotiations would be preferable
      • Experience in managing projects for governments at centre/ state or local levels
      • Experience with MSME sector would be preferable
      • Excellent written and spoken interpersonal communication skills

Job Description

            • Assistance in overseeing, guiding and monitoring the progress of SRI Fund
            • Liaising with the government officials/ regulatory agencies/ lawyers/ other consultants/ etc (‘Stakeholders’) for implementation of SRI Fund
            • Assistance in developing and enhancing relationships between the Stakeholders and SVL for SRI Fund and Funds Platform
            • Support SVL in developing and implementing various policies
            • Support SVL in procurement of consultants/ service providers for Funds Platform as may be required
            • Support to negotiate documents to be executed by SVL with various stakeholders
            • Support in overseeing all correspondence and coordination with various Stakeholders

        Assistance in obtaining timely approvals, policy interventions, speeding up decisions/ permissions, proactively resolve and address issues/ solve conflicts/ enable policy change/ solutions to manage and implement Funds Platform successfully

Assistance in identifying opportunities to improve, develop and foster relationships between SVL and all other relevant stakeholdersPromote & enable fund raising and related activities from SRI Fund for all funds including for funds managed by SVL

Provide feedback/ updates regarding various government notifications, policies, rules, regulations, guidelines etc. related to Funds Platform and provide inputs to improve SVL’s understanding and position with respect to such changes

Co-ordinate with Stakeholders for technical inputs, clarifications & follow-ups to obtain timely clearance, approvals and resolve any matters as may be required

Provide inputs/ suggestions and updates on key developments to Senior Advisor, CIO and CEO of SVL

Reporting structure of the Deputy Team Leader shall be to Senior Advisor or as may be determined by SVL

Support in creating an ecosystem of MSME funds/ cohort under Funds Platform

The role entails extensive liaising with Government of India officials, NSIC and NVCFL.

The contract will be for an initial period of 1 year, extendable by mutual consent of both parties with a notice period of 2 months. The Deputy Team Leader shall devote whole time and attention exclusively to the duties entrusted and shall not engage, either directly or indirectly, to work for any other person or company in any capacity whatsoever, nor shall do any private/ government/ political/ social business or activity, whether for profit or not for profit, without the previous permission of SVL in writing

SBICAP Ventures Limited is an equal opportunity employer and seeks to increase diversity in its operations.

Candidate Profile

Profile of the candidate is expected to be as follows:

The candidate to be a MBA/ Chartered Accountant by educational qualification and possess a risk based qualification (For eg: FRM). The candidate is expected to have experience in enterprise risk management activities such as establishing adequate risk profiles, implementing risk policies & procedures for qualitative and quantitative risk analysis for relevant risk types at an enterprise level.

The candidate is expected to have 6-8 years’ experience in risk, legal or other control-related functions preferably in the enterprise risk management for a financial services firm. Candidates could have also worked as part of legal/ consulting firms with a specific focus on enterprise risk management in the financial services sector. They should possess minimum 3 years’ of full-time experience in Risk Management (Operational Risk).

Strong knowledge of risk, risk management, risk assessments, development of risks and controls matrices, processes design and reporting activities will be a pre-requisite. In addition, the candidate should have reasonable experience in areas such as applicable laws, rules, guidelines, regulations etc

Excellent verbal and written communication skills to interact with executive management and across business and functional lines.

Job Description

      • The function of the SVL Risk Team is to act as a body to aggregate and report the operational level risks to the investment committees of respective funds and enterprise level risks to the MD&CEO (as maybe applicable)
      • To be able to understand and quantify risk to SVL as an investment manager to various funds
      • Study the quarterly reports, annual reports, fund risk report, independent valuation report and media risk reports as prepared by the respective investment teams/ third parties for each of the funds managed by SVL, aggregate and present views and seek guidance & instructions from the Investment Committees of the respective funds. Specific reporting to the Investment Committee will be for risks required to be identified and mitigated as per the SEBI AIF regulations (concentration risk, foreign exchange risk, reputational risk, ESG & extra financial risks etc).
      • Track and aggregate the above mentioned reports and maintain the risk report for the company at an enterprise level and prepare appropriate reporting to the CEO
      • Enterprise level risks to be covered by the candidate shall include:
        – Risk of Conflict of Interest
        – Risk of Regulatory and Compliance requirements breach as an AIF and Fund Documents
        – Compliance by Funds with investment processes as stated in respective Fund Documents
        – Risk of cashflow/ asset liability management for SVL for investments into the Fund
        – Reputation risks of the SVL and all Funds managed by SVL
        – Episodic risk – Risk team to be involved in case any complaint is received with respect to fraud, mis-conduct or corruption
        – People risk – KMP, attrition rate/tolerance, skill shortage/tolerance, etc
        – Fund performance parameters such as fund raise/targets, drawdown/schedule, distributions, DPI, valuation charting, etc.
        – Fund raise stage risks – LP/anchor commitments risk, etc
        – Cross default risk – insulating performance/reputation of individual funds
        – Insurance Risk – Risk team will assess whether Fund and SVL have procured and maintain adequate Insurance Cover to cover insurable liabilities
      • Collaborate with IT for putting in place company-wide risk management mechanism for data security and business continuity.
      • Establish protocols and processes to ensure appropriate business continuity plans are in place at all times
      • Liaise with internal and statutory auditors of the Company from a risk management perspective
      • Continuously assess the operations of the Company to ensure compliance with the enterprise risk management framework and appropriate policies and procedures of the Company and of the terms as contractually agreed by the Company with its investors
      • implement key controls to address compliance related to enterprise risk: reporting & escalating control issues and any violations to the investment committee of the fund or the CEO (as maybe applicable)
      • Develop and maintain processes and procedures to ensure effective and efficient compliance with risk on basis of Indian applicable regulations, including RBI, SEBI, Companies Act regulations, anti- money laundering regulations and other relevant regulations.
      • Ensuring compliance with policies and guidelines for all asset management activities.
      • Undertake training and dissemination activities to foster a culture of risk management in the company

SBICAP Ventures Limited is an equal opportunity employer and seeks to increase diversity in its operations

CLOSED OPENINGS

Job Description – Analyst & Associate

i.Research

        • Provide comprehensive research on industry, supply chain, competition, technological advancements, and regulatory environment for direct investments and similarly for FoF investment landscape
        • Create and update research papers on investment theme of the Neev Fund and those of the FoF investments
        • Innovate and think out of the box to improve operational efficiency

ii.Investments and Transaction Execution

        • Analyse investment opportunities for investment by the Neev II – SME Fund and FoF initiatives
        • Creating financial model and conducting various financial analysis on investments
        • Create sensitivity and valuation analysis using various valuation methodologies
        • Supporting the investment team for the structuring and executing of transactions
        • Assist and coordinate legal, tax, technical, integrity and financial due diligence for investments of the Fund, working closely with external advisers/ consultants
        • Assist in the preparation of investment papers, presentations and other materials as required
        • Assist in reviewing legal documents such as Termsheets, Shareholders Agreements, Share Subscription Agreements etc or other fund documents.

iii.Asset Management

        • Analyse monthly, quarterly and annual performance of portfolio companies and portfolio funds and tracking them against the budgeted financial statements
        • Tracking financial performance including but not limited to accounting, financial & governance parameters as agreed with the portfolio companies and portfolio investments of the FoFs
        • Participate in asset management activities of the Neev Funds and FoF initiatives including analysis of MIS, assist and support senior team members in building organisational capability at the investee companies and various other initiatives taken up by the investment team
        • Tracking and reporting of the transactions in the Fund’s area of investments
        • Analyse M&A and fund raise opportunities (Equity, Debt, Structured Finance etc) at the portfolio companies across the Neev Funds.
        • Support senior members in evaluating exit opportunities for the Fund from its portfolio companies
        • Prepare and assist on monthly, quarterly, and annual reporting documents for internal and regulatory compliances

iv.Investment Manager/Institutional requirements

        • Preparing any marketing material/presentations for the Investment Manager/Parent Institutions
        • Cater to all reporting requirements of the Neev Funds, the FoF initiatives and other reporting requirements of the Investment Manager for all stakeholders involved

Key Requirements

Neev Funds team is a pro team and not a play of averages. Each team member, therefore, is expected to be a star in her/his own right. We are looking at onboarding only the top percentile of talent in the industry. We expect the team member to be:

1.Exceptionally sharp, intellectually curious, well read, and articulate
2. With higher order thinking and structuring skills
3. With top tier education and work experience
4. With the ability to collaborate and work in a team environment
5. Supremely hardworking and with an ability to multi-task
6. With positive outlook, humble and ambitious

i.Essential

        • Between 0-5 years’ experience; and
        • Create and update research papers on investment theme of the Neev Fund and those of the FoF investments
        • Top tier Master’s or Postgraduate in Management from a reputed institution or a Chartered Accountant
        • Advanced level skills in financial modelling
        • Self-motivated and ability to learn quickly
        • A passionate individual with keen interest in the investing space including in the impact and SME investment space
        • Strong communication and presentation skills
        • Manage priorities in multi-project workload

ii.Desirable

        • Ability to source industry and company specific information
        • Prior experience of working with SMEs
        • Understanding of different capital structures and instruments of equity investment

Prior buy-side or sell-side investment experience would be an added advantage

v.Investments and Transaction Execution

        • Source and analyse investment opportunities for investment by the Neev II – SME Fund as well as for FoF initiatives including identification of possible themes for FoF investments
        • Originating new investment ideas and themes for direct investments and FoF initiatives
        • Conducting thorough due diligence on the market, company, promoters and management of potential investee companies as well as for other funds management team for FoF initiatives
        • Developing and assisting analysts on creating a detailed financial model along with sensitivity analysis and IRR calculations
        • Responsible for the structuring, ideating and executing transactions
        • Lead the transaction along with other members of the investment team on various sectors
        • Conduct and coordinate legal, tax, technical and financial due diligence for investments of the Fund, working closely with external advisers/ consultants
        • Prepare investment papers, presentations and other materials as required
        • Review and negotiate legal documents such as Termsheets, Shareholders Agreements, Share Subscription Agreements etc.

vi. Asset Management

        • Continuous interaction with portfolio companies of the Neev Funds I&II and with portfolio funds
        • Participate and supervise in asset management activities of the Neev Funds including analysis of MIS, assist in building organisational capability at the investee companies, setup governance and operating structures for efficient functioning of the investee companies and investee funds through the FoF initiatives
        • Provide strategic inputs to investee companies and co-ordinate with larger eco-system for any cross-selling/ support
        • Analyse M&A and fund raise opportunities (Equity, Debt, Structured Finance etc) at the portfolio companies across the Neev Funds.
        • Constantly evaluate exit opportunities for the Fund from its portfolio companies
        • Be apprised of market trends and deal information along with current happening related to investments

vii.Other Responsibilities

        • Build relationships across stakeholders in the investing ecosystem
        • Review and update monthly, quarterly, and annual reports as a part of Investor reporting, internal reporting and regulatory compliance
        • Support senior team members with updates on sectors and regulatory changes
        • Cater to requirements of the Neev Funds, the FoF initiatives and other reporting requirements of the Investment Manager for all stakeholders involved
        • Mentoring and training analysts

Key Requirements

Neev Funds team is a pro team and not a play of averages. Each team member, therefore, is expected to be a star in her/his own right. We are looking at onboarding only the top percentile of talent in the industry. We expect the team member to be:

1.Exceptionally sharp, intellectually curious, well read, and articulate
7. Exceptionally sharp, intellectually curious, well read, and articulate
8. With higher order thinking and structuring skills
9. With top tier education and work experience
10. With the ability to collaborate and work in a team environment
11. Supremely hardworking and with an ability to multi-task

12. With positive outlook, humble and ambitious

iii.Essential

        • Between 5-10 years’ experience
        • Top-tier Master’s or Postgraduate in Management or a Chartered Accountant
        • Prior buy-side or sell-side investment experience in a top-tier firm
        • Advanced level skills in financial modelling
        • A passionate individual with keen interest in the investing space including in the impact and SME investment space
        • High degree of attention to detail
        • Exceptional interpersonal and teamwork skills

iv.Desirable

        • Should have significant exposure to different transaction structures to be able to formulate transaction structure that ensure good IRRs for the fund
        • Strong origination capabilities, good connect with Small and Medium sized businesses and proven ability to have worked with SME businesses
        • Comfortable with different capital structures and instruments of equity investment
        • Background in growth stage investments with SME companies which have scaled up

Prior buy-side or sell-side investment experience would be an added advantage

 

CONTACT US

Mrs. Preeti Patle
HR
A Wing, 12th Floor, Marathon Futurex,
Mafatlal Mills Compound, N.M.Joshi Marg
Lower Parel, Mumbai 400013, India

Tel: 022-69112800
Email: preeti.patle@sbicapventures.com