NITISH MISHRA
Managed Middle Office Operations | Reconciliation | Risk & Control
New Delhi
Summary
Results-driven Middle Office professional with over 9 years of expertise in securities operations, collateral management, and reconciliation for FX and OTC derivatives. Proven track record in leading complex issue resolution, enhancing risk and control frameworks, and driving process improvements through automation and system enhancements. Proficient in client onboarding and product launches while serving as a Subject Matter Expert (SME) to ensure audit readiness and regulatory compliance. Strong leader adept at mentoring teams, managing stakeholder relationships, and consistently delivering high-quality outcomes in dynamic financial environments.
Overview
9
9
years of professional experience
Work History
Manager
Citi Corp, India
08.2025 - Current
- Led end-to-end reconciliation of cash, transactions, and positions, ensuring high accuracy and adherence to SLAs
- Drove resolution of complex breaks through root cause analysis, reducing recurring exceptions and improving process stability
- Spearheaded process improvement initiatives, enhancing efficiency, strengthening controls, and reducing manual intervention
- Acted as a key point of contact for clients and internal stakeholders, managing escalations and ensuring timely issue resolution
- Oversaw preparation and review of reconciliations across Asset Managers and Custodian Banks, ensuring audit readiness
- Collaborated with cross-functional teams and external service providers to streamline workflows and resolve operational challenges
- Supported onboarding of new clients, ensuring seamless transition, process setup, and stabilization of operations
- Mentored and guided team members, improving team productivity, knowledge sharing, and overall performance
- Leveraged and quickly adapted to new tools and technologies to drive automation and operational excellence
- Identified risk areas and implemented control measures to enhance governance and minimize operational risk
- Leveraged AI-driven tools to automate processes, enhance data accuracy, and improve operational efficiency across fund accounting workflows
Team Lead
Citi Corp India
11.2022 - 08.2025
- Ensure Net Asset Value calculations are produced in timely manner including accuracy in NAV reports and timely delivery as per Service Level Agreement.
- Spearheaded process automation initiatives to optimize internal workflows and reduce errors.
- Employ various detailed quality control checks on all reporting outputs by investigating discrepancies between the market data and internal records, ensuring both accurate and compliance with the regulatory and business requirements.
- Ensure proper handling of the complexities related to different products and mitigation risks involved in different steps of the trade life cycle.
- Coordinate with to drive process efficiency improvements - Trade Confirmations, Business Implementations, Corporate Actions, Transaction Control and Pricing to resolve issue impacting daily valuations.
- Ensure the corporate action are correctly reflected on the NAV and security process applied to funds are correctly stated. Investigating NAV movement and price movement through CA data and Bloomberg terminal.
- Perform data quality checks of the final data extracts delivered to timely inform the client regarding the same.
- Perform static data checks using Bloomberg to align market data with securities records to ensure accruals are being checked and properly posting to the portfolios daily.
- Reconcile IBOR (Investment Book of Records) with ABOR (Accounting Book of Records) to ensure correct postings on IBOR.
- Assessing daily reconciliation of OTC trades between MOM, Multifonds and calypso.
- Achievements: Awarded ‘Silver Red-Carpet Award, Copper Red Carpet and ‘Bronze Red-Carpet Award performance-based recognition including rising star (April 2022- May 2024). Rated Exceptional (Top 3%) for 2 years in a row. Fast track promotion to Team Lead (24 months vs avg of 36 months).
- Highlights: Managed and supervised a team of 10 employees - Delegating tasks - Providing guidance - Ensuring deadlines were met Collaborated with cross-functional teams to develop and implement strategies to improve team performance and achieve goals - Conducted regular performance reviews, providing constructive feedback and coaching to team members to enhance their skills and drive results - Initiated and led team-building activities to foster a positive work environment and boost morale among team members
Senior Business Analyst
Citi Corp India
01.2021 - 11.2022
- Client Migration
- Escalation Handling
- Routers Troubleshooting
- NAV Valuation
- UAT
- Data Visualization
- ALM Defect Management
- Process Development with Business Key Stakeholders
Specialist
Citi Corp India
08.2018 - 01.2021
- Fund Accounting
- Corporate Actions
- Blotter
- Trade Settlement
- Custody Operations
- Reconciliations
- OTC trades
- BRD
- IBOR Portfolio Accounting
- Data Analysis
- Training & Development
Business Analyst
Citi Corp India
10.2016 - 07.2018
- Fund Accounting
- Corporate Actions
- Blotter
- Trade Settlement
- Custody Operations
- Reconciliations
- OTC trades
- BRD
- IBOR Portfolio Accounting
- Data Analysis
- Training & Development
Education
CFA Institute
B. Com - Honours
Delhi University
01-2015
XII - undefined
CBSE
01-2012
X - undefined
CBSE
01-2010
Skills
Middle Office Operations with FX & OTC Derivatives Understanding
Securities Processing & Lifecycle Management
Subject matter expertise
Team Mentoring & Training
Stakeholder & Client Management
Escalation Handling
Cross-functional Collaboration
Aladdin Platform
Advanced Excel (Pivot Tables, VBA, Macros)
System Testing & Implementation Support (UAT)
Reconciliation tools expertise
Strong Written & Verbal Communication
Client Interaction & Relationship Management
SOP and desktop procedure management
Presentation & Reporting Skills
Timeline
Manager
Citi Corp, India
08.2025 - Current
Team Lead
Citi Corp India
11.2022 - 08.2025
Senior Business Analyst
Citi Corp India
01.2021 - 11.2022
Specialist
Citi Corp India
08.2018 - 01.2021
Business Analyst
Citi Corp India
10.2016 - 07.2018
B. Com - Honours
Delhi University
XII - undefined
CBSE
X - undefined
CBSE
CFA Institute