Corporate Legal Manager at Prachay Group, Pune (3-5 yrs, AIF/SEBI)

The Prachay Group is hiring a Corporate Legal Manager for its Alternative Investment Fund (AIF) business in Pune, Maharashtra. This is a full-time, in-house role where you will own the legal, compliance, and operational side of the fund - from transaction documentation and investor onboarding to SEBI, RBI, and Companies Act compliance. If you have 3-5 years of experience and want to work at the intersection of fund operations and regulatory strategy, this is a hands-on position with real ownership.

Prachay Group is a Pune-based financial services group operating in advisory, capital, and fund management, with a focus on alternative investments. The group is a corporate entity (CIN U65900PN2017PLC168737) and has tapped public markets through listed Non-Convertible Debentures (NCDs). Its fund business operates as a SEBI-registered Alternative Investment Fund, with active corporate governance, board reporting, and stakeholder disclosure practices.

As Corporate Legal Manager, you will:

• Manage all legal, compliance, and operational aspects of the Alternative Investment Fund (AIF) business.
• Draft and review loan documents, debenture documents, security documents, public issue documents, and other transaction-related agreements.
• Manage end-to-end fund documentation, investor onboarding, scheme launches, and regulatory filings.
• Ensure compliance with SEBI, RBI, the Companies Act, and other applicable regulations.
• Develop, implement, and periodically review policies, SOPs, and governance frameworks for the fund.
• Coordinate with trustees, custodians, auditors, consultants, law firms, and regulatory authorities.
• Manage employment-related legal matters, including contracts and policies.
• Monitor regulatory developments and implement necessary compliance measures.
• Support corporate governance, regulatory audits, inspections, and reporting requirements.

You are a strong fit if you have:

• An LLB from a recognised university.
• 3-5 years of relevant experience, ideally in fund operations, investor onboarding, regulatory filings, and compliance management.
• A strong understanding of SEBI AIF Regulations, the Companies Act, RBI regulations, and related regulatory frameworks.
• Strong communication, drafting, analytical, and problem-solving skills.

The posting notes an age requirement of below 40.

• Alternative Investment Funds (AIF) management
• Legal drafting, review and negotiation
• Fund formation, structuring and operations
• Regulatory compliance and governance
• Investor relations and stakeholder management
• Project management and execution
• Problem solving and analytical thinking

Prachay Group has not published a salary figure for this role. Compensation is expected to be discussed during the hiring process and will likely reflect your experience and the specialised AIF/regulatory nature of the position.

Apply directly through the official Prachay careers page for this position. Use the Apply Now / Apply for this position form on the listing and upload your CV (accepted formats: PDF, DOC, DOCX). For any queries, you can reach the group at connect@prachay.com.

• Confirm you hold an LLB from a recognised university
• Confirm 3-5 years of relevant experience
• Prepare an updated CV (PDF / DOC / DOCX)
• Highlight SEBI AIF, Companies Act and RBI compliance exposure
• Submit via the official Apply form on the Prachay careers page