Posted by The Bank of New York BNY Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007.
Entry Level Operations Analyst, Corporate Actions
Location: Pittsburgh, PA, United States
Job Description:
Responsible 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.
Job Qualifications:
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 or corporate actions preferred.
Applicable local/regional licenses or certifications as required by the business