What are the responsibilities and job description for the Vice President, Corporate Actions position at BNY Mellon?
We're seeking a future team member for the role of Vice President, Corporate Actions to join our GCO team. This role is located in New York, NY, United States.
In this role, you'll make an impact in the following ways:
- Corporate Actions - Responsible for performing mandatory and voluntary corporate action-related custody and accounting processing requirements, such as dividend payments, reorganization/proxy, bond redemption, etc.
- Also responsible for managing and controlling high levels of risk and liability inherent in the various functions and for reconciliation activities, client reporting and proration on transactions.
- May allocate/coordinate work within a team/project.Meets with organizational units/teams to ensure corporate action events are being addressed appropriately.
- Determines impact of complex events and disseminates information regarding event to investors and client accounts.
- Uses in-depth area knowledge to apply ingenuity and creativity to common repeat problems and determines more permanent resolutions.
- Responsible for reviewing cash reconciliations, security and suspense transactions reviews 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 highly complex corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions.
Participates in the development of documentation that is circulated to the market.Serves as a corporate actions expert for less experienced staff, expected to have an advanced understanding of all corporate action procedures, corporate action events and market practices.
To be successful in this role, we're seeking the following:
- 5-10 years of work experience preferred. Experience in Financial Services is preferred.
- 0-1 years of management experience preferred
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.