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 transformative team that shapes the future of finance.
- Qualifications: Bachelor's degree and 5-7 years in financial services or corporate actions 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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what it is all about.
We’re seeking a future team member for the role of Senior Specialist to join the 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 Specialist, Corporate Actions in Manchester employer: BNY
Contact Detail:
BNY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Specialist, 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 you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching BNY’s recent projects and innovations. Show them you’re not just another candidate; you’re genuinely interested in how they’re shaping the future of finance.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to corporate actions and risk management. We want you to feel confident and ready to showcase your expertise!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at BNY.
We think you need these skills to ace Senior Specialist, Corporate Actions in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Specialist 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 you can bring your unique skills to our team!
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 your background makes you a perfect fit for BNY. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Achievements: When detailing your work experience, focus on your achievements rather than just duties. Use numbers and examples to illustrate how you've managed risks or improved processes in previous roles. We’re all about transformative solutions, so show us what you’ve done!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at BNY
✨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 specific examples from your past experience where you've successfully managed these processes, as this will show your expertise and confidence in the field.
✨Showcase Your Risk Management Skills
Since the role involves managing high levels of risk, think of instances where you've identified and mitigated risks in your previous roles. Prepare 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 be ready to talk about how you've used AI technologies or digital tools to optimise processes in your previous jobs. Share specific examples of how these tools helped you solve operational challenges, as this will align with their focus on cutting-edge technology.
✨Prepare for Team Collaboration Questions
Collaboration is key in this role, so think about times when you've worked with different teams to achieve a common goal. Be ready to discuss how you communicated effectively and ensured that all parties were informed about corporate action events, showcasing your teamwork skills.