- 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.
- 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.
- 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 to less experienced team members; may have people management responsibilities in some geographies.
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
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Senior Associate, Corporate Actions - Pittsburgh - BNY
Description
Senior Associate, Corporate Actions
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 #LifeAtBNY is all about. Join us and be part of something extraordinary.
We're seeking a future team member for the role of Senior Associate to join or Corporate Actions Department. The role is located in Pittsburgh, PA (4 days in office per week).
In this role, you'll make an impact in the following ways:
To be successful in this role, we're seeking the following:
At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedIn
Here's a few of our recent awards:
Our Benefits and Rewards:
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.
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