Chief Investment Officer (CIO)

Company Overview

Project Shiv is positioned at the forefront of wealth management, aiming to cater to the growing number of High Net Worth Individuals (HNIs) in India. The company seeks to provide discretionary investment management services across a comprehensive range of asset classes, integrating advanced technology solutions such as Artificial Intelligence (AI) and Machine Learning (ML) to enhance investment decision-making. The culture within Project Shiv fosters innovation, accountability, and a commitment to client success.

Job Summary

The Chief Investment Officer (CIO) will be a critical founding executive at Project Shiv, responsible for developing and implementing the investment philosophy and ensuring successful outcomes for clients. The role demands a strategic mindset and hands-on leadership in managing a diverse set of portfolios while maintaining rigorous standards of risk and performance measurement.

Responsibilities

• Own the investment philosophy: Define and articulate the investment beliefs, processes, and framework for portfolio construction to clients and the market.
• Own asset allocation: Set strategic and tactical asset allocation strategies, including model portfolios and glide paths, aligned with client objectives and risk profiles.
• Own performance and risk: Establish the risk governance framework, including concentration and drawdown disciplines; monitor and act on portfolio performance as needed.
• Lead the investment team: Recruit and guide portfolio managers, investment specialists, and research analysts, ensuring high standards of rigor and intellectual integrity.
• Govern selection: Manage the selection of managers and investment vehicles across funds, Portfolio Management Services (PMS), Alternative Investment Funds (AIF), and alternatives, ensuring thorough due diligence and a well-governed approved list.
• Anchor suitability: Ensure all portfolios align with clients' Investment Policy Statements (IPS) and are suitable through enforced frameworks rather than advisory approaches.
• Harness the platform: Leverage Project Shiv’s data and AI/ML tools to enhance investment judgment and scalability across a larger client base, ensuring auditability.
• Operate within the regime: Collaborate with compliance and legal teams to maintain sound investment processes in accordance with Securities and Exchange Board of India (SEBI) PMS/Investment Advisor (IA) regulations.

Qualifications

• Experience: 15–20+ years in investment management with significant experience in Chief Investment Officer, senior portfolio management, or head-of-investments roles, demonstrating a proven track record.
• Knowledge: Deep expertise in multi-asset investments, including equity, debt, and alternatives, with strong skills in portfolio construction, risk management, and performance evaluation.
• Philosophy Development: Experience in defining and creating an investment philosophy and process rather than merely executing pre-defined strategies.
• Regulatory Understanding: Strong understanding of the SEBI PMS/IA framework with a fiduciary focus on suitability.
• Qualifications: CFA (Chartered Financial Analyst) or equivalent professional accreditation; disciplined and evidence-driven decision maker.
• Personal Attributes: High levels of integrity and accountability, with a strong sense of ownership for investment outcomes.

Preferred Skills

• Experience in building a PMS/AIF strategy or a model portfolio framework from the ground up.
• Proven experience managing capital for HNI/UHNI clients.
• Familiarity with quantitative investment strategies and AI-assisted investment processes.
• A recognized public voice in the investment community with insights on market trends.

Experience

• Minimum of 15–20 years in investment management roles, particularly in senior leadership or executive positions.

Environment

The role is based in Bengaluru, Delhi, or Mumbai and is full-time, reporting directly to the Founder/CEO. The work setting encourages collaboration and innovation, often requiring a blend of strategic and operational engagement.

Salary

Salary information is not specified for this position.

Growth Opportunities

As a founding member of Project Shiv, the Chief Investment Officer will have significant influence in shaping the investment framework and practice, positioning for potential advancement into higher executive roles as the firm grows.

Benefits

Benefits offered will be discussed during the hiring process, focusing on attracting top talent within the investment management industry.