Bank of New York Hiring For Senior Analyst, Corporate Actions at India

Bank of New York; India; On-site; INR 4,50,000 - 6,75,000; Full time

Job summary

An established industry player seeks a dedicated professional to oversee corporate actions processing, ensuring accuracy and compliance across various financial transactions. This role involves managing risks, performing reconciliations, and providing exceptional client reporting. You'll play a crucial part in interpreting complex corporate action events while guiding less experienced team members. Join a forward-thinking organization committed to diversity and inclusion, where your contributions will significantly impact the team's success and the overall client experience. If you have a passion for finance and a knack for detail-oriented tasks, this opportunity is perfect for you.

Benefits

Family-friendly policies

Inclusive employment policies

Employee forums

Wellbeing support

Qualifications

• Bachelor's degree in related discipline or equivalent experience required.
• 3-5 years of experience in financial services preferred.

Responsibilities

• Manage corporate action-related custody and accounting processing.
• Research and respond to inquiries from various stakeholders.

Skills

Corporate Actions Processing

Risk Management

Client Reporting

Reconciliation Activities

Financial Services Knowledge

Education

Bachelor's Degree in Related Discipline

Tools

Corporate Action Systems

Financial Software

Job description

Job Description

Corporate Actions – IC2

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.

Responsible for proactively recognizing, researching and processing moderately intricate mandatory and voluntary corporate action events. Responsibilities include the daily interpretation, monitoring, scrubbing and notification of complex corporate action events in the global market as well as the reconcilement, monitoring and posting of entitlements to client accounts. Balances entitlements and processes liability notices, dividend and interest payments, and class action suits. Determines impact of events and disseminates information regarding event to investors and client accounts.

Responsible for identifying root causes in monthly reviews and developing corrective actions. 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 corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and posting online cash and security transactions. May participate in the development of documentation that is circulated to the market.

Serves as a resource for less experienced staff, expected to have an understanding of all corporate action procedures, corporate action events and market practices. No direct reports but may provide guidance to less experienced team members. May have people management responsibilities in some geographies. Contributes to the achievement of team goals and objectives.

Qualifications:

1. Bachelor's degree in a related discipline or the equivalent combination of education and experience is required.
2. 3-5 years of total work experience preferred.
3. Experience in financial services or corporate actions preferred.
4. Applicable local/regional licenses or certifications as required by the business.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.