BNY

Specialist, Corporate Actions

BNY  •  New York City, NY (Onsite)  •  2 hours ago
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Job Description

In this role, you’ll make an impact in the following ways:

  • Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts.
  • Receives guidance from more experienced staff.
  • With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits.
  • Reconciles, monitors and posts entitlements to client accounts.
  • Responsible for daily and monthly outlier review, research and documentation.
  • Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures.
  • Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub-custodians and/or custodians.
  • Works on multiple systems to perform corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and posting online cash and security transactions.
  • No direct reports.
  • May have people management responsibilities in some geographies.
  • Contributes to the achievement of team goals and objectives.

To be successful in this role, we’re seeking the following:

  • Bachelors degree in a related discipline or the equivalent combination of education and experience is required
  • 0-3 years of total work experience preferred.
  • Experience in financial services or corporate actions preferred.
  • Applicable local/regional licenses or certifications as required by the business.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

BNY

About BNY

We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For more than 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.

Follow BNY on Instagram & X: @BNYglobal

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
1784
Website
bny.com
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