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Elections & Entitlements Manager - Corporate Actions

Bank of America

Bank of America

Dublin, Ireland · United States · Remote
Posted on Monday, June 24, 2024

Job Description:

Job Title: Elections & Entitlements Manager - Corporate Actions

Corporate Title: AVP

Location: Dublin

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our Central Park office in Leopardstown, boasts modern facilities based in Dublin’s premium business park. With an onsite gym and staff restaurant, all your daily needs are conveniently catered for. Travel options include the LUAS network and the Central Park shuttle service between Dublin City Centre and Central Park. We also provide tax saver tickets as part of our award-winning benefits package, which means getting to work has never been so easy.

Role Description:

Come join the exciting world of Corporate Actions where you will play an integral role in the most dynamic part of the Global Markets lifecycle. Asset Services works with market makers, traders, custodians, depositories, agents, regulators, and data vendors. We support large multi-national clients through high volume trading products like equities, fixed income, prime brokerage, and wealth management.

At Bank of America, our team of experts supports hundreds of thousands of annual Corporate Action events for thousands of clients with values in the trillions of dollars. Asset Services is a fast-paced Operation where time is of the essence and the accuracy and timeliness of what we do directly impacts our clients and the Global Markets. This role offers direct interactions with a variety of different lines of business (including Prime Broker, Equity Trading, Swaps, Stock Loan and Custody) and as such the ability to build and retain good relationships with these stakeholders is important. The role calls for an enthusiastic, attention to detail drive analytical thinker who has strong organisational skills.

Responsibilities:

  • You will manage risk and escalations on high value CA events.
  • You will organise the team to effectively complete CA events accurately and timely.
  • You will train, coach and mentor direct reports, evaluating performance and providing timely feedback.
  • You will manage, reconcile, and execute elections within tight timelines.
  • You will reconcile, calculate, and book CA entitlements for a variety of business units
  • You will post payment reconciliations of stock and cash accounts.
  • You will maintain risk thresholds as outlined by senior management.
  • You will investigate and resolve queries from key stakeholders in a timely manner.
  • You will manage positions and recovery of funds claimed by Bank of America Merrill Lynch from external counterparties and monitoring of outstanding balances.

What we are looking for:

  • You will have people management experience leading a team
  • You will have knowledge of Banking / Financial services industry.
  • You will have product exposure, Asset Services or Settlements experience ideally
  • You will have a track record of supporting product and delivering operational support for a top tier financial institution.
  • You will have a high level of client service skills.

Skills that will help:

  • Ability to drive multiple deliverables within tight timelines.
  • Excellent communication skills; both written and verbal.
  • Excellent PC skills.
  • Displays a high attention to detail.
  • Ability to multi-task.

Benefits of working at Bank of America:

Ireland

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
  • 20 days of back-up childcare and 20 days of back-up adult care per annum
  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
  • Access to an Employee Assistance Program for confidential support and help for everyday matters
  • Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
  • Ability to donate to charities of your choice and the bank will match your contribution
  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.