Senior Associate, Corporate Actions in Manchester
Senior Associate, Corporate Actions

Senior Associate, Corporate Actions in Manchester

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
BNY Mellon

At a Glance

  • Tasks: Manage corporate actions and ensure accurate processing of financial transactions.
  • Company: Join BNY, a leading global financial services company with a culture of innovation.
  • Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
  • Why this job: Be part of a team that drives transformative solutions in finance.
  • Qualifications: Bachelor’s degree and 5-7 years of experience in financial services preferred.
  • Other info: Dynamic work environment with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 £ per year.

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting‑edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

We’re seeking a future team member for the role of Senior Associate to join our Corporate Actions and Income Department. The role is in Manchester (4 days in office per week). In this role, you’ll make an impact in the following ways:

  • Perform mandatory and voluntary corporate action‑related custody and accounting processing requirements, such as dividend payments, reorganizations/proxy, bond redemptions, and more.
  • Manage and control high levels of risk and liability inherent in various functions, including reconciliation activities, client reporting, and proration on transactions.
  • Collaborate with organizational units and teams to ensure corporate action events are addressed appropriately and determine the impact of moderately complex events, disseminating information to investors and client accounts.
  • Review cash reconciliations, security and suspense transaction reviews 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 custodians.

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.
  • 5‑7 years of total work experience preferred.
  • Experience in financial services or corporate actions preferred.
  • Some ability to apply AI technologies and digital tools to optimise processes and solve operational challenges.
  • Applicable local/regional licenses or certifications as required by the business.
  • Strong understanding of all corporate action procedures, corporate action events, and market practices.
  • Ability to work 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.
  • No direct reports but may provide guidance and supervision to less experienced team members; may have people management responsibilities in some geographies.

At BNY, our culture speaks for itself. 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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

Senior Associate, Corporate Actions in Manchester employer: BNY Mellon

At BNY, we pride ourselves on fostering a culture that champions innovation and employee growth, making us an exceptional employer in the financial services sector. Located in Manchester, our team enjoys a collaborative work environment where cutting-edge technology meets meaningful work, alongside competitive compensation and comprehensive benefits that support both personal and professional development. Join us to be part of a forward-thinking organisation that values diversity and empowers its employees to make a significant impact in the world of finance.
BNY Mellon

Contact Detail:

BNY Mellon Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Associate, Corporate Actions in Manchester

✨Tip Number 1

Network like a pro! Reach out to current or former employees at BNY on LinkedIn. A friendly chat can give us insider info about the company culture and the role, plus it might just get our foot in the door.

✨Tip Number 2

Prepare for the interview by brushing up on corporate actions and financial services knowledge. We should be ready to discuss how we can apply AI technologies to optimise processes, as that’s a hot topic in the industry right now.

✨Tip Number 3

Showcase our problem-solving skills! During interviews, we can share specific examples of how we've tackled complex corporate action processing or managed risks in previous roles. This will highlight our experience and fit for the position.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can tailor our application to align with BNY’s values and mission, making us stand out even more.

We think you need these skills to ace Senior Associate, Corporate Actions in Manchester

Corporate Actions Processing
Risk Management
Reconciliation Activities
Client Reporting
Cash Reconciliations
Quality Control Measures
Research and Inquiry Response
Financial Services Knowledge
AI Technologies Application
Digital Tools Optimisation
Understanding of Market Practices
Multi-System Proficiency
Team Guidance and Supervision
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Associate role. Highlight your experience in corporate actions and financial services, and don’t forget to mention any relevant AI technologies you’ve used. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about corporate actions and how you can contribute to our team. Be sure to mention specific experiences that demonstrate your ability to manage risk and collaborate effectively.

Showcase Your Achievements: When detailing your work experience, focus on your achievements rather than just listing duties. Use metrics where possible to quantify your impact, like how you improved processes or reduced risks. We love seeing results!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the info you need about the role and our company culture there. We can’t wait to hear from you!

How to prepare for a job interview at BNY Mellon

✨Know Your Corporate Actions Inside Out

Make sure you brush up on your knowledge of corporate actions, including mandatory and voluntary events. Be prepared to discuss how you’ve handled these in the past and any specific challenges you faced. This will show that you’re not just familiar with the terminology but can also apply it practically.

✨Showcase Your Risk Management Skills

Since the role involves managing high levels of risk, think of examples from your previous experience where you successfully mitigated risks. Be ready to explain your thought process and the steps you took to ensure compliance and accuracy in your work.

✨Demonstrate Your Tech Savvy

BNY values innovation, so highlight any experience you have with AI technologies or digital tools that optimise processes. Discuss how you’ve used technology to solve operational challenges in your previous roles, as this aligns perfectly with their focus on cutting-edge solutions.

✨Prepare for Team Collaboration Questions

Collaboration is key in this role, so think about times when you worked effectively with different teams. Prepare to share specific examples of how you communicated complex information and ensured everyone was on the same page during corporate action events.

Senior Associate, Corporate Actions in Manchester
BNY Mellon
Location: Manchester

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