Specialist, Corporate Actions

BNY Mellon•Pittsburgh, PA

1d•Hybrid

About The Position

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. We’re seeking a future team member for the role of Specialist, Corporate Actions to join our Clearance and Collateral team. This role is located in Pittsburgh, PA – 4 days in office requirement.

Requirements

Bachelor’s degree in a related discipline or the equivalent combination of education and experience is required.
Applicable local/regional licenses or certifications as required by the business.

Nice To Haves

0-3 years of total work experience preferred.
Experience in financial services or corporate actions is preferred.

Responsibilities

Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts.
With guidance from more senior staff, process basic mandatory and voluntary corporate action events, including the daily interpretation, monitoring, scrubbing and notification of corporate action events.
Process liability notices, allocate dividend interest payments, and process class action suits.
Reconcile, monitor and post entitlements to client accounts, while performing daily and monthly outlier review, research and documentation, daily reconciliations for cash, security and suspense transactions, and 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/or custodians while working on multiple systems to perform corporate action processing.