At a Glance
- Tasks: Join our Corporate Actions team to manage corporate action events and ensure accurate processing.
- Company: BNY Mellon is a leading global asset management and banking firm with a rich history of innovation.
- Benefits: Enjoy competitive pay, flexible work options, and generous paid leave for life's important moments.
- Why this job: Be part of a dynamic culture that encourages growth, creativity, and making a real impact.
- Qualifications: Bachelor’s degree and 3-5 years in financial services or corporate actions preferred.
- Other info: This role is hybrid, based in Manchester, with opportunities for professional development.
The predicted salary is between 36000 - 60000 ÂŁ per year.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
We’re seeking a future team member for the role of Senior Analyst to join our Corporate Actions team. This role is located in Manchester, UK and will be working on a hybrid basis, (3 days in the office).
In this role, you’ll make an impact in the following ways:
- 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.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in a related discipline or the equivalent combination of education and experience is required.
- 3 - 5 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.
At BNY Mellon, our inclusive culture speaks for itself.
BNY Mellon 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 that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Contact Detail:
BNY Mellon Recruiting Team
accessibility@talentify.io
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst, Corporate Actions
✨Tip Number 1
Familiarise yourself with corporate actions and the specific processes involved. Understanding the nuances of mandatory and voluntary corporate actions will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the financial services industry, particularly those who work in corporate actions. Engaging with them on platforms like LinkedIn can provide insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on current trends and changes in the financial markets. Being knowledgeable about recent developments can help you demonstrate your passion and commitment to the role during interviews.
✨Tip Number 4
Prepare to discuss your experience with risk management and reconciliation activities. Highlighting relevant examples from your past roles can showcase your ability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Senior Analyst, Corporate Actions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in corporate actions and financial services. Use specific examples that demonstrate your ability to manage risk and handle complex transactions, as these are key aspects of the Senior Analyst role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for BNY Mellon and the Corporate Actions team. Mention how your background aligns with their mission and values, and provide insights into how you can contribute to their success.
Highlight Relevant Skills: Emphasise skills that are crucial for the role, such as attention to detail, analytical thinking, and experience with reconciliation activities. Make sure to mention any applicable certifications or licenses that enhance your candidacy.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is essential in the financial sector.
How to prepare for a job interview at BNY Mellon
✨Understand Corporate Actions
Make sure you have a solid grasp of what corporate actions are and their implications in finance. Be prepared to discuss specific examples of mandatory and voluntary corporate actions you've dealt with in the past.
✨Showcase Your Analytical Skills
As a Senior Analyst, your analytical skills will be crucial. Prepare to demonstrate how you've used data analysis to identify issues or improve processes in previous roles. Bring examples of reports or analyses you've created.
✨Familiarise Yourself with Risk Management
Since the role involves managing high levels of risk, be ready to discuss your experience with risk assessment and mitigation strategies. Think of scenarios where you successfully identified and managed risks in corporate actions.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street. Prepare insightful questions about the team dynamics, company culture, and expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.