Associate Director AUM Operations & Data Transformation

Location: Mumbai (Work from Office)

About the Role:

We are looking for an experienced Associate Director to lead strategic transformation initiatives across Assets Under Management (AUM), Capital Raise, Revenue Reporting, and Data Management for a global asset management organization.

This leadership role will drive the modernization of AUM operations by transitioning legacy reporting and ERP-based processes to a modern Data Lakehouse platform, enabling standardized data governance, automated reporting, and a single source of truth across Finance, Investment Operations, Distribution, and Technology.

The ideal candidate brings a strong combination of asset management domain expertise, ERP/data transformation experience, stakeholder leadership, and program management.

Key Responsibilities:

AUM & Revenue Operations

- Lead end-to-end AUM reporting across public and private market investment vehicles.
- Manage AUM roll-forward processes including subscriptions, redemptions, transfers, market movement, FX impacts, distributions, and capital activity.
- Oversee Capital Raise reporting and investor flow analytics.
- Drive Revenue-to-AUM reconciliation and reporting accuracy.
- Ensure consistency across management, regulatory, and executive reporting.

Data Transformation & Modernization

- Lead migration of AUM reporting from legacy spreadsheets and multiple reporting tools to an enterprise Data Lakehouse platform.
- Design target-state operating model for AUM data management and reporting.
- Define enterprise data governance standards.
- Drive automation of month-end and quarter-end reporting processes.
- Improve data quality, lineage, certification, and auditability.

Master & Reference Data Management

- Govern enterprise reference data including:

- Fund Master

- Security Master

- Investment Vehicle hierarchy

- Client hierarchy

- Legal Entity structure

- Currency and benchmark mapping
- Ensure consistency of Investment Vehicle codes across upstream and downstream systems.
- Establish governance processes for master data lifecycle management.

Investment & Accounting Data Integration

- Drive integration of:
- Accounting Book of Record (ABOR)




- Investment Book of Record (IBOR)

- Market Data

- ERP Platforms

- Data Warehouse/Lakehouse
- Build a unified reporting model across accounting and investment operations.
- Improve reconciliation and certification of investment data.

ERP & Technology Leadership

- Partner with Technology teams on ERP modernization initiatives.
- Define business requirements and operating models.
- Support data architecture, reporting automation, and workflow optimization.
- Collaborate with Data Engineering teams on scalable reporting solutions.

Governance & Controls

- Establish governance for AUM reporting processes.
- Define reporting controls and certification frameworks.
- Implement KPI, SLA, and data quality dashboards.
- Support regulatory and audit requirements.

Stakeholder Management

- Partner with senior stakeholders across:

- Finance

- Fund Accounting

- Investment Operations

- Distribution

- Product

- Technology

- Data Management
- Lead steering committees and transformation governance forums.
- Present updates to senior leadership and executive stakeholders.

Program Leadership

- Lead large-scale business transformation programs.
- Manage cross-functional project teams.
- Drive change management and user adoption.
- Ensure timely delivery of strategic initiatives.

Required Qualifications:

- Bachelor's degree in Finance, Accounting, Business, Computer Science, or related discipline.
- MBA, CA, CFA, CPA or equivalent professional qualification preferred.
- 10+ years of experience in Asset Management, Investment Operations, Fund Administration, or Financial Services.
- Minimum 5 years leading transformation, ERP, or data modernization initiatives.
- Experience managing global stakeholders.

Required Domain Expertise

Strong understanding of

- Assets Under Management (AUM)
- Capital Raise lifecycle
- Revenue Reporting




- Investment Performance Reporting
- Public and Private Market fund structures
- Mutual Funds
- ETFs
- Hedge Funds
- Private Equity
- Private Credit
- Real Estate Funds
- Infrastructure Funds
- Separately Managed Accounts (SMA)
- Collective Investment Trusts (CITs)

Technical & Functional Skills

Experience with

- ERP Platforms (SAP, Oracle, Workday or equivalent)
- Data Lakehouse architecture
- Data Warehousing
- Master Data Management (MDM)
- Data Governance
- Metadata Management
- Data Lineage
- Reporting Automation
- SQL (preferred)
- Power BI/Tableau
- Cloud platforms (Azure, AWS, Snowflake, Databricks preferred)

Book of Record Expertise

Strong working knowledge of

- Accounting Book of Record (ABOR)
- Investment Book of Record (IBOR)
- Portfolio Accounting
- Fund Accounting
- Investment Accounting
- Position Reconciliation
- Cash Reconciliation
- Holdings Validation
- Security Master
- Pricing Data

Leadership Competencies

- Strategic thinking
- Executive stakeholder management
- Business transformation leadership
- Program governance
- Team leadership and mentoring
- Solid communication and presentation skills
- Decision-making under ambiguity
- Cross-functional collaboration
- Change management

Preferred Experience

- Experience within a global Asset Management or Investment Management organization.
- Experience leading enterprise data transformation or ERP implementation programs.
- Exposure to Data Lakehouse platforms such as Databricks, Snowflake, or Microsoft Fabric.
- Experience implementing enterprise data governance frameworks.
- Familiarity with regulatory reporting and audit controls within investment management.

Key Success Measures

- Successful migration of AUM reporting to a modern Data Lakehouse platform.
- Improved data quality, governance, and reporting accuracy.
- Accelerated month-end and quarter-end close.
- Increased automation and reduction in manual spreadsheet dependency.
- Certified, auditable, enterprise-wide reporting.
- High stakeholder satisfaction and successful delivery of strategic transformation initiatives.

Interested candidates can share their resume at [email protected]

📌 Director - AUM Operations & Data Transformation | Mumbai
🏢 NTT DATA
📍 Mumbai