Nishali Chand
Operations Director
Bengaluru,KA
Summary
Performance-driven Derivatives and Fund Operations Professional with +15 years of experience aligning systems and processes with business requirements, policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.
Overview
15
15
years of professional experience
Work History
Executive Director
Amicorp Fund Services private Limited
Bengaluru
07.2024 - Current
- Lead fund operations for a global client base of 300+ funds across India, Singapore, and Luxembourg, spanning AIFs, VCCs, and Luxembourg-regulated structures.
- Spearheaded onboarding of complex client structures with seamless coordination across custodians, fund administrators, and legal/compliance teams.
- Directed implementation of workflow automation tools, significantly reducing manual intervention and improving fund NAV delivery timelines.
- Drove Paxus Connect investor portal rollouts, enhancing transparency and digital access across direct and nominee account holders.
Associate Director
Klub Works Private Limited
Bengaluru
02.2023 - 06.2024
- Ensured strict adherence to regulatory requirements of the SEBI CAT II debt Alternative Investment Fund (AIF), meticulously navigating complex regulatory landscapes to ensure full compliance.
- Implemented robust investment and cash management processes, prioritizing fund LPs’ capital preservation and optimizing returns.
Vice President- Lighthouse Canton
Fund Operations - Asset Management- LHC Shared Services Pvt Ltd
Bengaluru
07.2018 - 04.2022
- Assisting in initial set up of Bengaluru office and the Head of Operation in building strong governance process for Operations in India.
- Oversaw hiring, adding valuable, talented professionals to strengthen Operations team for Lighthouse Canton Pte Ltd
- Compile fund performance, portfolio, and other reports required by management.
- Collaborate with Investment Team and external parties to ensure compliance in all operational areas.
- Provide inputs to Newsletter.
- Ensure that appropriate checks and balances are in place to ensure that all credit, market, operational, regulatory/compliance and business risks are managed and measured
- Implemented process improvement to shape organisation culture, optimize procedures for higher efficiency and help company evolve and grow.
- Managed Portfolio Management system/ Risk Management System/Rental Office/ Technology set up vendor contracts and relationships through collaboration to maximise cost-effectiveness, optimize delivery schedules and maintain service standards.
- Oversaw Fund operation activities with a 3-person team focused on efficient Daily NAV summary, NAV checks, Trade confirmations, Reconciliations, Risk Management, Compliance Reporting, Internal Audit and IRR calculations
- Produced tables, pivot reports and charts for use in key decision-making processes. Data on Management fees, Fund Performance, Risk Analysis etc.
Lighthouse Canton Pte Ltd, Operations Consultant
Asset Management Operations
03.2018 - 07.2018
- Provided consulting service as a freelancer for helping set up the Bengaluru subsidiary
- Recruiting, Training and process enhancements for the operations that would eventually be transferred to Bengaluru.
- Scouting and Managing office space in Bangalore.
Operation Specialist-Team Manager- Goldman Sachs
Exchange and Clearance Ops- Derivatives
01.2016 - 03.2018
- Embedded the Derivatives Futures team ( Asia and LDN EQD listed, Global CMD Listed Reconciliations) to the Exchange and clearance ops organization with the goal to create an Front to Back organization
- Managed the Reverse migration ( Outsourced Operations) from an Outsourced Vendor to GS
- Managing risk on the Internal reconciliation team working on internal systems for Listed Derivatives.
- Instrumental in moving back the Derivative Futures team to Position Control for a more risk aligned process organisation
Lead Specialist Operations-Goldman Sachs
Derivative Operations
01.2014 - 12.2015
- Commodities Drafting Group
- Responsible for Listed reconciliations between risk and ledgers for Global Commodity Derivatives
- Instrumental in reducing 1.5 FTE to 0.9 FTE by driving initiatives with Technology, Operations and cleaning up aged exceptions
- Risk managed Physical Expiry process and streamlined the process to ensure key risk of physical delivery is controlled
- Collaborated with various teams in making a right fit plan for the reconciliations team in time with the organizational changes
- Worked on termsheet review with the CDG team on complex exotic Commodity products
- Derivative Position Control
- Embedded the Listed reconciliations for Global Commodity Derivatives in the Derivative Position control team
- Worked on Exception management for OTC Derivatives
- Was part of a short stint with Regulatory Operations for an SRC ( Select Regulatory Committee) group and worked on Business requirement gathering, Dashboard building, and Business process building
- Carved out the Derivative Futures team by combining EQD Listed and Commodities Listed reconciliation as one team.
Operations Analyst
Goldman Sachs
06.2010 - 12.2013
- Equity Derivatives Control
- Was part of the first equity control team that was set up in Bengaluru working on the Risk versus subledger reconciliations for Equity Derivatives
- Worked with technology and helped migrate the reconciliations from a legacy platform to a firm wide used strategic platform of Harmony
- Migrated the Asia trading desk reconciliations from Hong Kong -April 2011
- Was part of the mobility program to London-, Instrumental in migrating the Securitized Products trading Group reconciliations to BLR as part of the mobility program
- Incorporated root cause analysis process tracker which helped identify and therefore handle volume spike of 150% over dividend season
Education
Bachelors of Commerce -
St Agnes College
Mangalore University 06.2006 - 04.2009
Skills
- Detail oriented, Organized, Responsibility taker
Certification
- NISM Series XIX-B Alternative Investment Funds (Category III) Distributors Certification
Timeline
Executive Director
Amicorp Fund Services private Limited
07.2024 - Current
Associate Director
Klub Works Private Limited
02.2023 - 06.2024
Vice President- Lighthouse Canton
Fund Operations - Asset Management- LHC Shared Services Pvt Ltd
07.2018 - 04.2022
Lighthouse Canton Pte Ltd, Operations Consultant
Asset Management Operations
03.2018 - 07.2018
Operation Specialist-Team Manager- Goldman Sachs
Exchange and Clearance Ops- Derivatives
01.2016 - 03.2018
Lead Specialist Operations-Goldman Sachs
Derivative Operations
01.2014 - 12.2015
Operations Analyst
Goldman Sachs
06.2010 - 12.2013
Bachelors of Commerce -
St Agnes College
06.2006 - 04.2009
Similar Profiles
Selvi Poinen ChellayeeSelvi Poinen Chellayee
Senior Officer at Amicorp Fund ServicesSenior Officer at Amicorp Fund Services
Vibhu SharmaVibhu Sharma
Fund Compliance Officer at Amicorp Fund Services Mumbai Pvt. Ltd.Fund Compliance Officer at Amicorp Fund Services Mumbai Pvt. Ltd.
Suhani MahajanSuhani Mahajan
Team Leader at AMICORP MANAGEMENT INDIA PRIVATE LIMITEDTeam Leader at AMICORP MANAGEMENT INDIA PRIVATE LIMITED
Mohammed Shahid PMohammed Shahid P
Technical Support Manager at Trellix Software Pvt LtdTechnical Support Manager at Trellix Software Pvt Ltd
SRI RAMA NAGA SILPA NITTALASRI RAMA NAGA SILPA NITTALA
PMO Lead / Manager - Operations at Optimus Medical Services Pvt LtdPMO Lead / Manager - Operations at Optimus Medical Services Pvt Ltd