Corporate Actions Specialist – Impact & Innovation

BNY Mellon; Pittsburgh (Allegheny County); On-site; USD 60,000 - 90,000; Full time

Job summary

BNY Mellon in Pittsburgh, PA is seeking a Specialist, Corporate Actions to join the Clearance and Collateral team. You will support mandatory and voluntary corporate action processing for client accounts and operate under guidance from senior staff.

The role emphasizes accuracy, timely notification, reconciliations, and collaboration with internal groups and external depositories to ensure smooth custody operations. A related degree and up to 3 years of experience are typical prerequisites.

Qualifications

• Bachelor's 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 is preferred.
• Applicable local/regional licenses or certifications as required by the business.
• No direct reports.
• May have people management responsibilities in some geographies.

Responsibilities

• Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts.
• With guidance from more senior staff, process basic mandatory and voluntary corporate action events, including the daily interpretation, monitoring, scrubbing and notification of corporate action events.
• Process liability notices, allocate dividend interest payments, and process class action suits.
• Reconcile, monitor and post entitlements to client accounts, while performing daily and monthly outlier review, research and documentation, daily reconciliations for cash, security and suspense transactions, and adhering to established quality control measures and procedures.
• Research and respond to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians while working on multiple systems to perform corporate action processing.

Education

Bachelor's degree

Job description

BNY Mellon in Pittsburgh, PA is seeking a Specialist, Corporate Actions to join the Clearance and Collateral team. You will support mandatory and voluntary corporate action processing for client accounts and operate under guidance from senior staff.

The role emphasizes accuracy, timely notification, reconciliations, and collaboration with internal groups and external depositories to ensure smooth custody operations. A related degree and up to 3 years of experience are typical prerequisites.