Job DescriptionWe're seeking a future team member for the role of Senior Specialist, Corporate Actions to join our GCO team. This role is located in Pune.
In this role, you'll make an impact in the following ways:
- Corporate Actions - IC3Responsible 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.
- Meets with organizational units/teams to ensure corporate action events are being addressed appropriately.
- Determines impact of moderately complex events and disseminates information regarding event to investors and client accounts.
- Integrates in-depth area knowledge with a solid understanding of industry standards and practices to provide client solutions.
- 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 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 resource for less experienced staff, expected to have a strong 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.
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide 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 assesses market data to ensure a competitive compensation package for our employees. 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. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
