Mitsubishi UFJ Trust and Banking Corporation, New York Branch · 1 day ago
Corporate Actions Vice President
NYC Metro Area
Full-time
Onsite
Senior Level, Lead/Staff
$120K/yr - $150K/yr
8+ years expMitsubishi UFJ Trust and Banking Corporation, New York Branch is seeking a Corporate Actions Vice President. The role involves executing notifications of corporate events, supervising staff, and managing client inquiries while ensuring compliance in corporate actions and class actions.
Financial Services
Responsibilities
Executing notification of corporate events to custody clients and securities lending partners (Global Securities Lending Solutions (GSLS), Third Party Custodians and Borrowers)
Tracking of corporate action (CA) events and elections custody clients and securities lending partners (GSLS, Third Party Custodians and Borrowers)
Working with securities lending borrowers (up to record date) on elections and to split elections to receive underlying client intended elections (i.e. Cash or securities)
Supervising 2-3 CA staff members
Collecting CA event response and checking CA event election with agent or borrower and send 180 letters to Securities Lending borrowers, as necessary
Posting or checking CA event distribution on trust system
Confirming client eligibility of Class Actions and create or check notice to clients
Processing of class action claims for clients
Working with CA and Class Action Agents on events
User Acceptance Testing of enhancements to the CA system
Investigating and responding to client and securities lending partner inquiries
Handling of client proxies (U.S. and Global)
Managing annual Risk and Control Self Assessment (RCSA), audits and exams
Updating of CA procedures, participating in other projects as necessary, and acting as backup to other Custody and GSLS Officers, as assigned
Based on changes in the business work environment, job responsibilities can change, and additional functions and tasks may be added or removed accordingly. Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management
Qualification
Required
Bachelor's degree required (Business, Accounting or Finance)
8+ years of experience in the banking industry in corporate action field or relevant functional experience
Solid understanding of corporate action, class action and proxy processing (custody and securities lending activity)
Prior supervisory skills
Proficient in Microsoft Excel, Microsoft Word, and other Office products
Versatile, able to work effectively, independently, and as part of a team
Ability to multi-task (handling regular duties while working on projects)
Flexible to work overtime from time to time as business requires
Preferred
Experience with securities lending related CA processing is highly desired
Benefits
Comprehensive health and wellness benefits
401(k) retirement and savings plan
Educational assistance and training programs
Paid maternity and parental bonding leave
Paid vacation
Sick leave
Holidays
Company
Mitsubishi UFJ Trust and Banking Corporation, New York Branch
Mitsubishi UFJ Trust and Banking Corporation, New York Branch (MUTB-NY), is the sole US branch of Mitsubishi UFJ Trust and Banking Corporation (MUTB), the trust bank subsidiary of the Mitsubishi UFJ Financial Group (MUFG).
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase