Corporate Action Specialist
BNY MELLON, 2014 –2019
• Processed Corporate Action events and such as: automatic bonus, capital gain, compensation fee, drawings, early redemption, choice dividend, cash dividend, merger, fungibility (exchange offer), mandatory exchange, stock split, consent, dividend reinvestment, tender offer, right distribution, subscription offer stock dividend, put option, conversion, and spin off.
• Responsible for managing and controlling high levels of risk and liability inherent in the various functions.
• Responsible for both mandatory and voluntary corporate actions custody functions related to global securities for all Bank of New York Mellon accounts.
• Responsible for processing moderately intricate to extremely complex/high volume global corporate action events for multiple foreign markets.
• Daily interpretation, monitoring scrubbing, and notification of corporate action events as well as the reconcilement, monitoring, and posting of entitlements to client accounts.
• For all voluntary events, responsible for soliciting and receiving responses from
• clients/Investment Managers and for submitting these instructions to various sub custodians, depositories, agents, and/or brokers prior to established market deadlines.
• Worked with multiple Bank of New York Mellon systems such as CMS, Mellon Cascade, Alliance Swift and Euclid PC Services to perform corporate action processing.
• Created announcements, sending client instructions to third parties, and posting online cash and security transactions, currency movements, and foreign exchanges. Performed currency movement on multiple currencies.
• Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures.
• Interacted daily with clients/Investment Managers, sub-custodians from several different countries, depositories, agents, brokers, and other internal business groups including the Securities Lending team.
• Process derivatives and collateral loan.
Option and Equity Traders
Wall Street Trading LLC 2010-2014
• Responsible to look at chart and execute trades.
• Responsible to find entry and exit points.
• Responsible to understand option and trade option.
• Responsible to research stock and understand options and stock entry and exit points.
• Responsible for looking for trading software and learning trading pattern and graph.
• Will discuss more about this role with the right institutions and organizations. Will show you the future is full of promises and the sky is limit.
Portfolio Administrators
State Street Bank and Trust 2007-2010
• Administered 20 equity and bond income funds ranging from $1 million to $1 billion dollars.
• Researched and calculated bond income interest payments and contacted DTC for incorrect interest payments.
• Utilized Bloomberg to research set up, accrue and re-accrue incorrect bond payment dates.
• Analyzed bond interest rates, payment frequency, income types, ex-date, payment date, entitlement date and settlement dates. Calculated monthly, quarterly, semi-quarterly, yearly bond payments and applied payments to funds.
• Wired funds to client accounts and sweep client accounts down to zero dollar amounts to meet FED investment guidelines.
• Priced 529 colleges saving plan funds, equity and bond funds to meet morning deadlines. Run Macro to identify addition or subtraction occurs in the funds.
• Clarified trades details, booked inter-funds transfer trades (swaps), federal home loan mortgage corps (FEDS), corporate actions, and equity and bond trades.
• Calculated daily interest in FEDS and booked and settled FEDS trade for funds.
• Settled daily equities trades, created daily trades reports and research fail trades and informed portfolio managers and seniors of any situation that may requires attention to avoid losses.
• Researched inquiries sent by clients and trade teams through inquiry tracking on issues such as trades and bond payments to funds and answered inquiries within 24 hours.
• Utilized MCH and Cash Projection to reconciled custody and accounting for all funds every morning and prepared client cash account for daily trading.
• Process derivatives and collateral loan.
