Job Details
Corporate Actions - IC3Responsible for performing mandatory and voluntary corporate action-related custody and accounting processing requirements, such as dividend payments, reorganization/proxy, bond redemption, etc Also responsible for managing and controlling high levels of risk and liability inherent in the various functions and for reconciliation activities, client reporting and proration on transactionsMeets with organizational units/teams to ensure corporate action events are being addressed appropriately Determines impact of moderately complex events and disseminates information regarding event to investors and client accounts Integrates in-depth area knowledge with a solid understanding of industry standards and practices to provide client solutions.
Responsible for reviewing cash reconciliations, security and suspense transactions reviews adhering to established quality control measures and proceduresResponsible 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 complex corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions Participates in the development of documentation that is circulated to the marketServes as a resource for less experienced staff, expected to have a strong understanding of all corporate action procedures, corporate action events and market practices.
No direct reports but may provide guidance to less experienced team members May have people management responsibilities in some geographies Contributes to the achievement of related teams objectivesBachelors degree in a related discipline or the equivalent combination of education and experience is required5-7 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 forumsBNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer Minorities/Females/Individuals With Disabilities/Protected VeteransOur 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