SME Fund Manager

About the Role
The SME Fund Manager/Associate Director / Director, Investments & Team Lead will lead the Nandan investment team and own the pipeline of SME credit opportunities for Nandan Growth Fund. The hire will evaluate, originate and execute debt transactions in the ₹5-20 Cr ticket size range, with end-to-end ownership from sourcing to disbursement and monitoring. The role works directly with the CIO from the earliest stage of evaluating each opportunity and recommends deals to the Investment Committee.
The final designation will be decided based on the candidate's experience and the responsibilities they can take on.
Key Responsibilities
Origination: Build and grow a pipeline of SME borrowers through your own network and through banks, brokers, CAs and other intermediaries.
Early-stage evaluation: Screen opportunities and form a view on each one jointly with the CIO before it moves to full diligence.
Underwriting and structuring: Lead credit appraisal, cash-flow and collateral analysis, term sheets and security structures. Prepare investment memos and recommend deals to the Investment Committee.
Execution: Coordinate legal and financial due diligence, documentation, conditions precedent and disbursement.
Portfolio monitoring: Track covenants, review MIS, run early-warning signals and lead restructuring and recovery where needed.
Team leadership: Lead a team of experienced investment professionals; set priorities and quality standards and review their work.
Reporting: Provide regular pipeline and portfolio updates to the CIO.
Requirements
Experience: 4-5 years of relevant experience in SME credit, structured finance or investments.
Background: Debt AIF / Private Credit Funds / Credit Investment Funds, NBFCs specialising in SME / MSME lending, Structured Finance / Debt Syndication, or Private Equity / Investment Banking with debt transaction exposure. Debt AIF or private credit experience is preferred, but NBFC professionals are welcome.
Deal experience: Proven experience in evaluating and executing SME debt transactions in the ₹5-20 Cr ticket size range. There is no fixed minimum number of deals; the quality and ticket size of transactions matter more.
Sourcing network: A strong existing network of SME promoters, CAs, brokers and intermediaries is preferred.
Lifecycle ownership: End-to-end ownership of the investment lifecycle, from sourcing and underwriting to disbursement and portfolio monitoring.
Credit products: Exposure across multiple products such as secured and unsecured SME lending, working capital, term loans and structured debt is preferred, though not all are mandatory.
Borrower exposure: Open to all sectors, provided the candidate has relevant SME lending exposure. Both performing and stressed credit experience are acceptable.
Team management: Must have independently managed a team of 3-5 professionals.
Skills: Financial modelling and credit underwriting skills will be assessed during the interview process.
Qualification: CA, MBA (Finance) or CFA; any one is sufficient.
Location & Work Mode
Location: Gurugram (onsite)
Working days: 5 days a week, till 6 pm

Skills
Investment Banking, Sourcing, Due Diligence, Documentation

Experience
4-5 yrs

Work arrangement
No