Specialist, Corporate Actions II

About the role

The Specialist, Corporate Actions II role is located in Pittsburgh, PA. This role is responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts. Responsibilities include processing basic mandatory and voluntary corporate action events, liability notices, dividend interest payments, and class action suits. Additionally, the role involves reconciling, monitoring, and posting entitlements to client accounts, performing daily and monthly outlier reviews, and working on multiple systems to process corporate action processing tasks.

Responsibilities

• Process basic mandatory and voluntary corporate action events
• Monitor and post entitlements to client accounts
• Perform daily and monthly outlier reviews and research
• Reconcile cash, security, and suspense transactions
• Respond to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians, and/or custodians
• Work on multiple systems to create and scrub announcements, send client instructions to third parties, and post online cash and security transactions

Requirements

A Bachelor’s degree in a related discipline or the equivalent combination of education and experience is required. Experience in financial services or corporate actions is preferred. Applicable local/regional licenses or certifications as required by the business are also required.

Qualifications

No direct reports. May have people management responsibilities in some geographies. Contributes to the achievement of team goals and objectives.

Skills

Knowledge of financial services and corporate actions is preferred. Experience with financial services and corporate actions is preferred.

Benefits

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. Benefits include access to flexible global resources and tools for your life’s journey, focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Pay

The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Schedule

The role is full-time and permanent.