Accounting Specialist

Job Description

The Corporate Actions Accounting Department performs both mandatory and voluntary corporate action related accounting processing functions in over 65 markets for Bank of New York Mellon s clients. The group is responsible for managing and controlling high levels of risk and liability inherent in the various functions. The incumbent is responsible for processing both mandatory and voluntary corporate actions accounting functions related to international and US securities for all Bank of New York Mellon accounts. S/He is responsible for processing basic to moderately intricate corporate action events for multiple markets. This includes the daily interpretation, monitoring, and scrubbing of corporate action events as well as the monitoring and posting of accruals to client accounts. S/he will work on multiple Bank of New York Mellon systems including three different accounting platforms, as well as with vendor products such as Bloomberg and FT Interactive Data, to ensure the correct cost analysis; tax treatment and market impact is reviewed for each corporate action event prior to posting the actual online cash and security transactions for each account. The incumbent is responsible for adhering to established quality control measures and procedures. S/He will interact daily with external vendor support representatives, individual company investor relation contacts, and other internal business groups including Corporate Actions Custody, Service Delivery and Pricing teams. S/he is responsible for understanding market-specific requirements for corporate actions accounting processing.




For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: PCSD30
Job: Operations
Organization: Deleted Nodes-HR00000
Requisition Number: 1515809