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BNY · 2 months ago

Associate, Corporate Actions I

500 Grant Street, Pittsburgh, PA, 15258, US

Full-time

Hybrid

New Grad, Entry Level

0+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. The role of Associate in the Corporate Actions team involves processing corporate action events, reconciling entitlements, and responding to inquiries from various stakeholders.

Financial Services

Responsibilities

Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts

Process basic mandatory and voluntary corporate action events, including 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; perform daily and monthly outlier review, research, and documentation

Perform daily reconciliations for cash, security, and suspense transactions while 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

Work 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

Contribute to the achievement of team goals and objectives