Corporate Actions Specialist Resume Samples

Description :

1. Served specific clients for both mandatory and voluntary corporate action events.
2. Dealt directly with clients and with other custodian banks, in addition to BNY Mellon, where clients hold/custody their assets.
3. Administered and controlled high levels of risk and liability inherent within various functions.
4. Processed both mandatory and voluntary specific corporate actions related to international and US securities held (regardless of custodian).
5. Accurated with handling basic to moderately intricate corporate action events for multiple back-office clients.
6. Managed responsibilities including the receipt of custodian announcements, the scrubbing/comparison of data, and the notification of corporate action events to a specific client.
7. Resolved client positions with multiple custodians and monitors appropriate posting of accruals and entitlements to client accounts.

Experience

2-5 Years

Level

Junior

Education

BS In Business Administration

Description :

1. Performed voluntary corporate action-related processing requirements for clients in over 65 markets.
2. Managed and controlled high levels of risk and liability in the various markets.
3. Accountable for performing daily reconciliations for cash, security, and suspense transactions.
4. Provided voting policy development, voting executions/processing, and research.
5. Developed and maintain positive relationships with clients, managers, and custodians.
6. Responded to client inquires regarding voting issues and complete client requests.
7. Reviewed and processed all Power of Attorney submitted for global proxy voting.

Experience

5-7 Years

Level

Executive

Education

Certificate In Paralegal

Description :

1. Strategically steered analysis, research, and resolution of up to 20+ daily direct/indirect client inquiries in alignment with service goals, including facilitating support for corporate actions on cash equities, fixed income, and mutual funds.
2. Handled key processing, review, approval, and reconciliation of Mandatory Domestic Corporate Actions per protocol.
3. Expertly monitored and processed full calls, redemptions, and maturities.
4. Collaborated with internal departments to prioritize prompt resolution of client requests.
5. Supported resolution of inquiries via daily interaction with DTCC / Euroclear / Mutual Fund agents.
6. Liaised with clients to meet their expectations; Liaised with other bank counterparties, by phone and/or emails, about clients' instructions; Reconciled client's holdings as reflected in our books and records with those of the sub-custodians.
7. Reflected the event of the corporate action in the portfolio of the client through the posting of cash and/or security transactions, once proceeds were received.

Experience

2-5 Years

Level

Junior

Education

B.S. In Business Administration

Description :

1. Worked in the Corporate Actions Department, handling clients' stocks and securities by reflecting changes in their portfolios.
2. Liaised with clients to meet their expectations.
3. Liaised with other bank counterparties, by phone and/or emails, about clients' instructions.
4. Reconciled client's holdings as reflected in our books and records with those of the sub-custodians.
5. Managed instruction deadlines for elective corporate action events by monitoring uninstructed balances, instructing the sub-custodian upon receipt of the client's responses, and following up on the acceptance of these by the sub-custodian.
6. Ensured the completion of the file by closing cash and asset breaks.
7. Monitored Worthless securities and provide up-to-date information to analysts.

Experience

2-5 Years

Level

Junior

Education

BA In International Business

Description :

1. Obtained and provided current market values, terms, and conditions of all elective and mandatory reorganization offerings for Administration and Asset Management.
2. Obtained and posted all calls, maturities, cd redemptions, and death puts for Trust accounts.
3. Reviewed and calculated cost basis/taxability on all reorganization issues and process associated entries on the Sungard AddVantage Trust Accounting System.
4. Identified securities eligible for mandatory corporate action adjustment and inform client payment terms.
5. Liaised with brokers, internal account representatives, and external security agents to identify and reconcile any outstanding security/cash.
6. Executed foreign Trade settlement and processing.
7. Performed extensive class action litigation research and accurate forms filings for Trust Company clients.

Experience

2-5 Years

Level

Junior

Education

BA In English

Description :

1. Applying cost and price analysis to perform trades for Trust Department.
2. Prepare, Analyze and institute updates of financial documents.
3. Nightly pricing of Mutual Funds including manual and automated files.
4. Work directly with State Street and JP Morgan to resolve pricing errors.
5. Managed and prioritized multiple accounts.
6. Acted as liaison between custodians and clients.
7. Managed and controlled high levels of risk and liability inherent in the various functions and for reconciliation activities, client reporting, and proration on transactions. 

Experience

2-5 Years

Level

Junior

Education

BA In English

Description :

1. Processed mandatory/voluntary Corporate Actions (domestic and global) for 33k trust account operations with over $40 billion.
2. Covered when co-workers were absent and trained new employees.
3. Complies with all SEC, Federal Reserve, and OCC regulations in daily processing.
4. Reviewed daily corporate action reports.
5. Processed mandatory & voluntary Corporate Actions - tenders, merger acquisitions, Dutch auctions, odd-lot.
6. Processed stock dividends and stock split optional dividends, distributions, and dividend reinvestments.
7. Reconciled and balanced optional dividends with up to 6 different tax reclaim by balancing up to 10 different excel spreadsheets.

Experience

2-5 Years

Level

Junior

Education

Certification In Training

Description :

1. Utilized Beta and spy view system software to access client financial data process voluntary reorganizations and balanced accounts for stockbrokers.
2. Corresponded with brokers in order to complete account updates and discuss market fluctuations.
3. Verified securities information to ensure compliance with SEC, governmental, and bank regulations.
4. Processed these events within a week's turnaround with deadlines through DTC (Depository Trust Company).
5. Create various financial events to be processed and sent out to clients.
6. Managed proxy voting services for several large global investment managers and pension funds.
7. Responsible for accurate completion of cash and security payments due to the clients resulting from corporate actions.

Experience

5-7 Years

Level

Executive

Education

Certificate in Paralegal

Description :

1. Computed and disbursed client entitlements using internal systems.
2. Analyzed and interpreted corporate action information for domestic and global.
3. Performed processing of a variety of Corporate Actions.
4. Coordinated all Corporate Action and Income processing over numerous Hedge Funds.
5. Assisted in Security Audit and Portfolio reconciliations.
6. Receive inbound calls from customers regarding stocks, bonds, and dividends on their accounts.
7. Answer questions from clients in regards to the stock market.

Experience

2-5 Years

Level

Junior

Education

BA In English

Description :

1.  Analyzed Mandatory Corporate Events' postings of accruals and entitlements to client accounts.
2. Provided guidance on complex client issues regarding mergers, acquisitions, bankruptcies, and proxy voting events for individually held securities.
3. Assisted clients for 2 years in corporate-related actions.
4. Stock splits, Reorganization offers, dividend inquiry, etc).
5. Acted as ATM ( on multiple occasions and coordinated projects for various team members.
6. Crossed trained in both Corporate Actions and Restricted Stock phone queues.
7. Assisted in multiple Reorganization areas daily (Callback/Isis folders, PCD).
8. Allocated/coordinated work within a team/project.

Experience

2-5 Years

Level

Junior

Education

Certificate in Paralegal