Senior Associate, Corporate Actions

BNY Mellon • Pittsburgh, PA

101d • Hybrid

About The Position

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.
We’re seeking a future team member for the role of Senior Associate to join or Corporate Actions Department. The role is located in Pittsburgh, PA (4 days in office per week).

Requirements

• Bachelor’s degree in a related discipline or the equivalent combination of education and experience.
• 5-7 years of total work experience preferred.
• Applicable local/regional licenses or certifications as required by the business.
• Strong understanding of all corporate action procedures, corporate action events, and market practices.
• Ability to work 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.
• No direct reports but may provide guidance to less experienced team members; may have people management responsibilities in some geographies.

Nice To Haves

• Experience in financial services or corporate actions preferred.

Responsibilities

• Perform mandatory and voluntary corporate action-related custody and accounting processing requirements, such as dividend payments, reorganizations/proxy, bond redemptions, and more.
• Manage and control high levels of risk and liability inherent in various functions, including reconciliation activities, client reporting, and proration on transactions.
• Collaborate with organizational units and teams to ensure corporate action events are addressed appropriately and determine the impact of moderately complex events, disseminating information to investors and client accounts.
• Review cash reconciliations, security and suspense transaction reviews adhering to established quality control measures and procedures; research and respond to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub-custodians, and custodians.

Benefits

• BNY offers highly competitive compensation, 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, including paid volunteer time, that can support you and your family through moments that matter.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level