Why this role stands out
This hybrid role offers a fantastic opportunity to develop specialized skills in corporate actions within a reputable financial institution, with clear paths for growth and mentorship. You'll thrive here if you possess a keen eye for detail and enjoy a dynamic environment where you can contribute to a high-performing team. Apply today to gain valuable experience and advance your career.
Quick overview
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:
- Bachelor’s 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.
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