Senior Specialist, Corporate Actions
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 Specialist, Corporate Actions to join our team. This role is located in Jersey City, NJ.
Requirements
- Bachelor’s degree in a related discipline or the equivalent combination of education and experience is preferred.
- Strong understanding of the corporate action lifecycle (specifically voluntary reorganizations).
- 5-7 years of total work experience preferred.
- Experience in financial services or corporate actions is preferred.
- Applicable local/regional licenses or certifications as required by the business.
Responsibilities
- Responsible for the end-to-end processing of mandatory and voluntary corporate action events and related custody and accounting processing requirements.
- Responsible for managing and controlling high levels of risk and liability inherent in the various functions and for reconciliation activities, client reporting, and probation on transactions.
- Meets with organizational units/teams to ensure corporate action events are addressed appropriately.
- Determines impact of moderately complex events and disseminates information regarding events 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 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 complex corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and posting online cash and security transactions.
- Participate in the development of documentation that is circulated to the market.
- Serves 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’ objectives.
Benefits
- highly competitive compensation
- benefits
- wellbeing programs
- flexible global resources and tools
- Focus on your health
- foster your personal resilience
- reach your financial goals
- generous paid leaves
- paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- various paid time off benefits, such as vacation and sick time
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What This Job Offers
Job Type
Full-time
Career Level
Senior
