DGM — Debt Raising & Treasury

DGM — Debt Raising & Treasury | Vantrock Real Assets Private Limited | Mumbai Metropolitan Region
Work the lenders daily and run the treasury: take a construction facility from mandate to first drawdown, keep every covenant on a calendar, and position every rupee across a growing set of entities. Graded AGM to GM depending on the candidate.
A note before you read on. The team structure, reporting lines, direct reports, seat titles and hiring entity described in this brief reflect the platform's current plan and may change as the platform builds out. Compensation and incentive structures are confirmed in the offer, not here.
REPORTS TO: Head — Corporate Finance & Investor Relations · EXPERIENCE: 8–14 years in real estate debt, on the borrower's side or the lender's
ABOUT VANTROCK
Vantrock is India's independent, operator-led real assets platform — real assets only — with logistics and industrial as the first phase of its growth.
Founded by Anshul Singhal, Founder & CEO, who has built three institutional platforms from zero and is building the fourth on his own capital: 52 million sq ft delivered (32 million as developer, 20 million as contractor), 2,000+ acres acquired, 200+ buildings, two SEBI Category II funds run to a successful close, India's first domestic warehousing AIF and India's largest industrial real estate exit — delivered across the founder's three prior platforms.
THE FINANCE & ACCOUNTS TEAM
Vantrock keeps its books in-house. The finance function owns every number from the site to the board.
Twenty-one seats when fully built; sixteen live now, one of them already filled. Small enough that every person in it is known by name to the founder; large enough to run a platform properly. Every seat in the team is a builder's seat: the function does not exist yet in the form described here, and the people who join it now are the ones who will decide what it becomes.
THE THIRD LEG, EVERY DAY
Vantrock finances assets in a fixed order: the founder's capital first, at land and approvals; asset-level equity deal by deal; and construction debt from banks and NBFCs last, against an approved, de-risked, often pre-committed asset. Capital follows the deal. This seat works the third leg every day — the lender conversations, the information memoranda, the term-sheet negotiation, the documentation, the security creation, the first drawdown, and then the monitoring reports and covenant tests that keep a facility healthy for its whole tenor.
WHY THIS ROLE EXISTS
A platform breaking ground on 2 million sq ft in January, with 10 million behind it across four cities, will be running several construction facilities at once within eighteen months. Each has a lender to be worked, a file to be maintained, a covenant calendar to be met and drawdowns to be sequenced against a construction programme. Nobody can hold that alongside the head-of-function job. This seat is the debt desk — and the treasury desk — that the Head — Corporate Finance builds the function around.
WHAT YOU WILL OWN
1. Facilities, mandate to drawdown. For each asset: the lender universe mapped, the information pack built with the FP&A team, the term sheets negotiated to the head's brief, the documentation and security creation driven through counsel, the conditions precedent closed, the first drawdown on schedule.
2. The lender file. For every facility, a complete file — agreement, security, covenant schedule, drawdown history, monitoring reports, correspondence — current to the day and ready for the lender's or the auditor's inspection without notice.
3. Monitoring and covenants. Every covenant on a calendar with a test date and an owner; every lender's monitoring report produced with the accounts and FP&A teams and filed before it is asked for; every breach risk flagged to the head a quarter early.
4. Drawdowns and end-use. Drawdown requests sequenced against the construction programme and the payables run; end-use certificates and utilisation statements produced with the accounts team; nothing drawn before it is needed, nothing needed before it is drawn.
5. Treasury. Daily cash position across every entity; the payment chain governed with the accounts team; surplus deployment under policy; bank mandates, tokens and authorities maintained — never with one person, never with a vendor.
6. The bank relationships, daily. Relationship managers, credit teams and operations desks at every lender known by name; the head brought in for the conversations that need the head.
7. The Manager — Corporate Finance. Directed day to day on the models, the files and the monitoring, and taught what a lender actually reads.
WHO WE ARE LOOKING FOR
ESSENTIAL
– 8–14 years in real estate debt — on a developer's or platform's corporate finance desk, or in a bank's or NBFC's real estate lending team, or both.
– Construction or project facilities you personally ran from mandate to first drawdown — the lender conversations, the term sheet, the documentation, the conditions precedent — more than one.
– Lender monitoring done from the borrower's side: covenant tests, utilisation statements, end-use certificates, monitoring reports.
– Treasury operations owned or closely supervised: daily positioning across entities, payment governance, bank mandates.
– Financial modelling to the standard a lender's credit team expects — debt sculpting, DSCR and coverage tests, sensitivity.
– Known, by name, at more than one lending institution's real estate desk.
– A Chartered Accountant or an MBA in Finance. A verifiable debt record outranks the qualification.
– Based in the Mumbai Metropolitan Region, or relocating before joining.
WHAT THIS ROLE IS NOT
– Not an arranger's or advisor's seat. If your debt record is as the intermediary rather than the borrower's own team, this is the other side of the table.
– Not a relationship-only seat. The head holds the institutions; this seat does the files, the numbers and the daily work that earns the relationship.
HOW YOU WILL WORK
– Capital follows the deal. You find the lender the asset deserves; you never shape the asset to the lender.
– Everything runs on the platform's dashboards. The debt register, the covenant calendar, the treasury position and every lender file live on the operating layer.
COMPENSATION
Vantrock benchmarks compensation against the upper quartile for the role and market, weighted toward equity for candidates who want to build with us long-term. We discuss specific numbers in the first conversation rather than anchoring either side prematurely.
CULTURAL FIT
We're building Vantrock over a decade, not a funding cycle. We're looking for people who treat technology as the default answer rather than a supplement, who want to be co-builders of the platform rather than employees executing instructions, and who are comfortable saying "I don't know" and "I was wrong." If you want a defined role with defined edges, this isn't the right seat. If you want to help build an institution from zero, it might be.
AI proficiency is a standing requirement in every Vantrock seat. You work fluently with AI tools for research, modelling, drafting and analysis, and you build on the platform's dashboards rather than around them. A supervised AI Proficiency Test is part of the process for every seat, at every level of seniority, and we say so openly.
Partner command is the second standing requirement. The books are ours, but auditors, banks, the fund administrator, valuers, law firms and system vendors are commanded by this team — briefed, held to a standard, integrated — never deferred to. We hire for judgment and accountability.
HOW WE WILL ASSESS
Everyone who applies hears from us within two working days. It carries two links: a fixed set of six questions answered by AI interview — about forty minutes, and the first work sample; we review it before the CV — and the Vantrock AI Proficiency Test, which every hire takes at every level. From there:
1. The Facility conversation. The facilities on your sheet, your role in each, the condition precedent that nearly derailed one. With the Head — Corporate Finance & Investor Relations.
2. A 90-minute supervised case. A term sheet with planted problems and a construction programme — from which you produce the issues list you would take back to the lender, the drawdown schedule against the programme, and the covenant calendar. Defended to the Head and the CFO — or the Founder & CEO until the CFO is in seat.
3. References. Two, contacted directly: one lender-side counterparty who worked a facility with you, and one former reporting manager.
Once we have received your application, your AI interview and your test, we will reach out with next steps. Your application is confidential: it is seen only by the Founder's Office and the hiring lead, and nothing is shared with your current employer or referenced without your consent.
TO APPLY
Write to careers@vantrock.com with the subject line "DGM — Debt Raising & Treasury — [your name]", and attach:
– Your CV. This is mandatory — a LinkedIn profile alone is not an application; we will read your LinkedIn as well.
– Your Debt Sheet — one row per facility you personally ran: borrower type, asset class, lender type, instrument, quantum in ₹ crore, tenor, year, your role. The template is available on request. Every row will be discussed.
– Your notice period and what you would need to see to move.
– One short paragraph: the condition precedent on

Work arrangement
No