Marisol Beaton
Staten Island,NY
Summary
Dedicated and adaptable professional with a proactive attitude and quick learning ability. Strong work ethic and effective communication skills.
Overview
34
34
years of professional experience
Work History
Pershing LLC
Jersey City , NJ
2015.01 - Current
- Handled the processing of diverse Voluntary Corporate Actions involving Tender Offers Elections Mergers Dutch Auctions Rights Offerings Warrants Exercises Conversions Exchange Offers Put Options and Consent Solicitations for both global and local markets.
- Ensured accuracy of information on upcoming expiring items by validating through the Depository Trust Company, using information agents and transfer agents
- Collaborated closely with the Announcement Team to accurately set up more complex deals.
- Monitored positions and balances to identify potential liabilities and track physical certificate locations, if applicable.
- Ensured appropriate distribution of entitlements through effective implementation of DTC.
- Facilitated timely payment processing.
- Responded promptly to client inquiries, ensuring high customer satisfaction through resolving issues with knowledgeable and friendly service.
- Contributed ideas and solutions to enhance team performance and outcomes.
- Worked successfully with a diverse group of coworkers to accomplish goals and address issues related to our services.
- Worked with cross-functional teams to ensure that our goals to effectively process a corporate action were met.
- Prioritized and organized tasks to efficiently accomplish service goals.
- Identified needs of customers promptly and efficiently.
- Collaborated closely with team members to achieve project objectives and meet deadlines.
- Assisted with customer requests and answered questions to improve satisfaction.
- Provided excellent service and attention to customers.
- Provided support and guidance to colleagues to maintain a collaborative work environment.
Senior Corporate Actions Analyst
Credit Suisse Securities
2007.09 - 2015.01
- Handled the processing of diverse Voluntary Corporate Actions involving Tender Offers Elections Mergers Dutch Auctions Rights Offerings Warrants Exercises Conversions Exchange Offers Put Options and Consent Solicitations for both global and local markets.
- Executed Corporate Actions for the Managed Lending Desk
- Process Instructions received from Primer Broker and trading accounts through expiration
- Ensured accuracy of information on upcoming expiring items by validating through the Depository Trust Company, using information agents and transfer agents
- Effectively communicated announcements of offers to clients with precision and timeliness
- Monitored branch transit accounts.
- Monitored positions and balances to identify potential liabilities and track physical certificate locations.
- Ensured appropriate distribution of entitlements through effective implementation of DTC.
- Facilitated timely payment processing.
- Responded promptly to client inquiries.
Corporate Actions
Pershing LLC a BNY Securities Group
2003.10 - 2007.09
- Responsible for processing all Voluntary Corporate Actions such as Tender Offers, Election Mergers, Exchanges, Consent Solicitations, Dutch Auctions, Rights, Warrants and Conversions
- Validate information on all upcoming voluntary offers received from the Depository Trust Company through information agents and transfer agents
- Ensure that all voluntary offers are summarized accurately and announced to our clients in a timely manner
- Identification and notification to our clients of any risks associated with participation or non participation of an event
- Monitor branch transit accounts
- Process instruction received accordingly through expiration
- Balance positions through DTC to ensure proper allocations of entitlements
- Process all payments in an accurate timely manner
- Respond to client inquiries in a timely manner
- Process Survivor Options on both CD’s and Estate Notes
- Monitored the Worthless accounts at Pershing on a daily basis
- Maintained the daily function of updating the yield tables that drive pricing
- Reviewed a price fluctuation report on a daily basis
- Responded to customer inquiries and price challenges via e-mail, wire and phone
- Maintained pricing synchronicity between Pershing’s Domestic and International platforms
- Researched and updated the stale priced securities held at Pershing
- Interacted with pricing contacts at the Pershing trade desks
- Was responsible for the manual input of security prices on a monthly basis
Corporate Actions
Banc of America Securities
2001.12 - 2002.12
- Research of private placements and active securities destroyed at the World Trade Center
- Secured stops on certificates destroyed
- Delete worthless positions from customer accounts
- Sent physical securities to banks and agents to reflect Corporate Actions
- Track payments from bank and agents
- Respond to all inquiries
- Research and resolve any discrepancies in a timely matter
Corporate Actions Administrator
Lewco Securities Corp
2000.09 - 2001.07
- Involved in the system implementation and testing of a stand alone income and Corporate Actions processing system (XSP Solutions Plus-Xcitek)
- Monitor information received into XSP by various vendors pertaining to all Voluntary Corporate Actions, such as Tender, Exchange, and Rights Offers. Merger Elections, Warrant Exercises, Conversions, Put Options, and Mutual Fund Rollovers.
- Evaluated data and cross-referenced it with the individual letter produced by XSP.
- Ensured seamless communication between XSP and internal systems.
Global Custody Corporate Actions Administrator
Sumitomo Bank
2000.07 - 2000.09
- Processed Corporate Actions in the Pacific Rim, Australia, and New Zealand
- Received Swift communication pertaining to particulars of the various Corporate Actions from custodians
- Entered information into XSP system for letter generation and processing information
- Processed payments and allocations of shares through internal system (Global Plus)
Corporate Actions Administrator
Investec Ernst & Company
1998.04 - 2000.07
- Processed multiple Voluntary events including Tender Offers, Rights Offers Exchange Offers, and Merger Elections.
- Executed warrant exercises, put options, rollovers, and conversions
- Monitored incoming payments from banks and agents.
- Handled all customer inquiries promptly and efficiently.
- Created daily reports summarizing corporate actions activity and identified any discrepancies.
- Assisted in the development of procedures related to corporate action processing and operations.
- Investigated failed transactions due to incorrect instructions or missing information from custodian banks.
- Performed reconciliations between internal systems to ensure accuracy of data.
- Provided support for clients on inquiries related to their holdings or positions impacted by a corporate action event.
- Prepared detailed instructions for custodians regarding each event type.
- Maintained accurate records of all transactions processed within the department.
Corporate Actions Administrator
Lewco Securities Corp
1996.11 - 1998.04
- Processed various Corporate Action Events including Tenders, Rights, Exchange Offers, and Merger Elections.
- Warrant Exercises, Put Options, Rollovers and Conversions
- Ensured efficient payment processing.
- Responded to all inquiries.
- Demonstrated ability to identify and rectify discrepancies in a timely manner.
- Provided efficient responses from customers with queries.
- Performed quality assurance checks on all processed data to ensure accuracy of information.
- Coordinated with internal departments to ensure accurate processing of corporate actions events.
- Analyzed and reviewed corporate action notices received from custodians and other third parties.
- Advised clients regarding their options for handling specific types of corporate actions.
- Collaborated with external vendors such as brokers, custodians, transfer agents., in order to obtain timely execution of instruction requests.
Corporate Actions Administrator
Fahnestock & Co
1990.07 - 1996.11
- Responsible for processing corporate actions events
- Warrant Exercises, Put Options, Rollovers and Conversions
- Mergers, Reverse Splits, Name Changes and Cash Mergers
- Full Calls, Partial Calls and Matured bonds
- Sent physical securities to banks and agents to reflect various Corporate Actions
- Track payments from banks and agents
- Monitor branch transit accounts
- Research and resolve any discrepancies in a timely matter
Education
High School -
Fort Hamilton High School
01.1990
Skills
- Multitasking
- Team Collaboration
- Analytical and Critical Thinking
- Dependable and Responsible
- Attention to Detail
- Problem Resolution
- Organization and Time Management
- Excellent Communication
References
Furnished upon request.
Timeline
Pershing LLC
2015.01 - Current
Senior Corporate Actions Analyst
Credit Suisse Securities
2007.09 - 2015.01
Corporate Actions
Pershing LLC a BNY Securities Group
2003.10 - 2007.09
Corporate Actions
Banc of America Securities
2001.12 - 2002.12
Corporate Actions Administrator
Lewco Securities Corp
2000.09 - 2001.07
Global Custody Corporate Actions Administrator
Sumitomo Bank
2000.07 - 2000.09
Corporate Actions Administrator
Investec Ernst & Company
1998.04 - 2000.07
Corporate Actions Administrator
Lewco Securities Corp
1996.11 - 1998.04
Corporate Actions Administrator
Fahnestock & Co
1990.07 - 1996.11
High School -
Fort Hamilton High School
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