About the company
The Bank of New York Mellon Corporation, commonly known as BNY, is an American international financial services company headquartered in New York City. It was formed in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation.
Job Profile: Associate, Corporate Actions I
Qualifications: Bachelors degree
Experience: 0 - 3 years
Job Location: Pune, Maharashtra
In this role, you’ll make an impact in the following ways:
Corporate Actions - IC1Responsible 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. employment policies and employee forumsTo be successful in this role, we’re seeking the following:
Bachelors 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/corporate actions preferred. Applicable local / regional licenses or certifications as required by the business.
