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BNY · 1 week ago

Associate, Corporate Actions I

Pittsburgh, PA

Full-time

Onsite

New Grad, Entry Level

0+ years exp

BNY is a leading global financial services company that significantly influences the world’s investible assets. They are seeking an Associate, Corporate Actions I to handle mandatory and voluntary corporate actions custody functions, process corporate action events, and conduct reconciliations while contributing to team goals.

Financial Services

Responsibilities

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

Receives guidance from more experienced staff

With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits

Reconciles, monitors and posts entitlements to client accounts

Responsible for daily and monthly outlier review, research, and documentation

Responsible for performing daily reconciliations for cash, security and suspense transactions as well as 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 corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and posting online cash and security transactions

No direct reports

May have people management responsibilities in some geographies

Contributes to the achievement of team goals and objectives

Qualification

Corporate actions processingFinancial services experienceReconciliation skillsBachelor’s degreeApplicable licenses/certifications

Required

Bachelor's degree in a related discipline or the equivalent combination of education and experience is required

0-3 years of total work experience preferred

Experience in financial services or corporate actions preferred

Applicable local/regional licenses or certifications as required by the business

Benefits

Highly competitive compensation

Benefits

Wellbeing programs

Flexible global resources and tools

Generous paid leaves

Paid volunteer time

Company

BNY

Glassdoor3.6

For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth.

Founded in 1784

New York, NY, US

10001+ employees