Responsibilities
include the daily interpretation, monitoring, scrubbing and notification ofplex corporate action events in the global market as well as the reconcilement, monitoring and posting of entitlements to client accounts. Balances entitlements and processes liability notices, dividend and interest payments, and class action suits. Determines impact of events and disseminates information regarding event to investors and client accounts.
1. Responsible for identifying root causes in monthly reviews and developing corrective actions.
2. Responsible for reviewing cash reconciliations, security and suspense transactions reviews adhering to established quality control measures and procedures.
3. Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians.
4. 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. May participate in the development of documentation that is circulated to the market.
5. Serves as a resource for less experienced staff, expected to have an understanding of all corporate action procedures, corporate action events and market practices.
To be successful in this role, we're seeking the following:
6. Bachelor's degree in a related discipline or the equivalentbination of education and experience is required.
7. Experience in financial services or corporate actions preferred.
8. Applicable local/regional licenses or certifications as required by the business.
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
9. Fortune World's Most Admiredpanies & Top 20 for Diversity and Inclusion
10. Bloomberg's Gender Equality Index (GEI) Best Places to Work for Disability Inclusion, Disability: IN - 100% score 100 Best Workplaces for Innovators, Fastpany
11. Human Rights Campaign Foundation, 100% score Corporate Equality Index CDP's Climate Change 'A List'
Our Benefits:
BNY Mellon offers highlypetitivepensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admiredpanies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with amitment to doing what is right that continues to set us apart. Make your mark: bnymellon/careers.
Job ID 54515