Corporate Actions Representative II
3 days ago
At BNY Mellon, we empower our employees to grow and succeed in a dynamic and inclusive work environment. As a leading global financial services company, we touch nearly 20% of the world's investible assets. Our 50,000+ employees bring their unique perspectives to create innovative solutions for our clients, driving business growth, community development, and social impact.
Job SummaryWe are seeking a highly skilled Corporate Actions Representative II to join our Corporate Actions team in Manchester, UK. This role will work in a hybrid capacity, with 3 days a week in the office. As a key member of our team, you will be responsible for performing corporate action-related custody and accounting processing requirements, managing risk and liability, and reconciling transactions.
Key Responsibilities- Perform mandatory and voluntary corporate action-related custody and accounting processing requirements, including dividend payments, reorganization/proxy, bond redemption, and other events.
- Manage and control high levels of risk and liability inherent in corporate actions, and reconcile transactions to ensure accuracy and compliance.
- Proactively recognize, research, and process moderately intricate mandatory and voluntary corporate action events, including daily interpretation, monitoring, and notification of complex events.
- Identify root causes in monthly reviews and develop corrective actions to improve processes and reduce risk.
- Review cash reconciliations, security, and suspense transactions, 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 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.
- Serve as a resource for less experienced staff, providing guidance on corporate action procedures, events, and market practices.
- Bachelor's degree in a related discipline or the equivalent combination of education and experience.
- Experience in financial services or corporate actions preferred, with applicable local/regional licenses or certifications as required by the business.
- Strong command of Microsoft Excel, Word, and PowerPoint.
- Experience working in high-volume and high-pressure environments, with the ability to deliver time-sensitive situations.
BNY Mellon is a leading global financial services company, with a history of innovation and excellence. We are committed to creating a culture of inclusion, diversity, and social responsibility. Our employees are our greatest asset, and we offer a range of benefits and rewards to support their growth and well-being.
We are an Equal Employment Opportunity/Affirmative Action Employer, committed to attracting and retaining top talent from diverse backgrounds. If you are passionate about finance, innovation, and making a difference, we encourage you to apply for this exciting opportunity.
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