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Sr. Corporate Actions Specialist

Chester, NY, 10918
February 20, 2020

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David Dominic Panebianco


*** **** **** **** 845-***-****

Chester, New York 10918

Skills and Licenses

Microsoft Word Bloomberg Previously held:

Microsoft Excel NASD Series 7 & 63

ALLIANCEBERNSTEIN, White Plains, NY March 2006 – October 2019

(State Street Corporation through acquisition: December 2010-July 2014)

Sr. Corporate Actions Specialist (November 2010 – October 2019)

Monitoring internal and external feeds to ensure accuracy for Cash Dividend payouts across all Alliance Bernstein customer accounts.

Utilizing Profit Management Systems to pay out dividends on all securities held by AllianceBernstein

Verification and reconciliation of all cash dividend - ensuring clients’ accounts are accurately credited.

Liaison with the portfolio managers on Currency options. Allowing our dept to credit cash dividends in the correct currency to clients’ accounts in timely fashion.

Responsible for the monitoring of appropriate accruals for Cash Dividends

Research and analysis of all pending Corporate Actions Notices received from global Custodians and Vendors to ensure required actions are performed in a timely basis.

Senior team member validating event details along with checking processing of another members work

Interpret and manage controls and risks within all group functions

Priorities workload, to work with tight deadlines

Review processing done by corporate action associates, checking for completeness before approving.

Communicating with portfolio Management on Corporate Action event specifics and expected results

Lead team break reconciliation discussions

Assisted management in development of team reports related to capturing daily workloads and risk.

Researched Portfolio Reconciliation breaks

Organize, interpret, and process Corporate Action events across Fixed income, Equity, and Derivative securities

Managed Mandatory and Voluntary corporate action event processing.

Assist and support department projects, along with helping other team members out with processes

Trained new employees under all aspects of Mandatory and Voluntary Corporate Actions processing

Made business trips to the new Nashville operations center to train new hires.

Wrote up policies and procedures on processing. This includes but is not limited to Full Calls, Partial Calls, Spin-offs, Cash/Stock Mergers, Tenders, Consents, Rights, 144A exchanges, stock dividends and stock splits.

Conducted virtual classroom training

Mentored 5 new employees, one of which was promoted to Assistant officer

Supervise the Corporate Actions staff while answering various questions on problems that may arise during the transition.

Corporate Actions Specialist (March 2006 – November 2010)

Analyzed all Mandatory and voluntary Notices for future processing via deadlines

Coordinate and process all US and Non-US corporate actions for all security types.

Escalate processing errors and potential risk to management upon discovery

Assisting in the daily management of our teams’ workflow

Working effectively with my team to achieve business goals

Assume managerial responsibility of the team when our supervisor is out.

Work closely with Portfolio Management (PM) to understand the specific terms and deadlines of each corporate action.

Handle communication PM decisions to custodian banks and verify bank transactions.

Update internal portfolio systems to reflect completion of transaction once processed

TD WATERHOUSE, New York, NY March 1999 – March 2006

Stock Options Associate (May 2003 – March 2006)

Team lead on verifying blackout dates and holds on stock options

Verified option grants with plan administrators for quantity of shares, price/grants, expirations and blackouts.

Acted as a Reserve Agent for corporate actions.

Executed cashless exercises, exercise and holds; sell to cover transactions backed by option grants.

Monitored telephone stats for all incoming calls and ensured timely answering within department.

Handled all areas of customer service which include dealing with transfer agents, plan administrators, and customers.

Transfer / Reorganization Associate (January 2002 – May 2003)

Worked closely with transfer agents on dealings with restricted securities held in House

Handled the processing of both customer and firm transfers.

Maintained and developed various spreadsheets.

Researched and followed up on standard and reorganization transfers and managed daily contact

with transfer agents.

Processed physical certificates with reorganization.

Sustained DTC allocations reconciled and adjusted customer accounts.

Upheld weekly and monthly totals of voluntary and involuntary items processed.

Account Officer (December 1999 – January 2002)

Risk management. Analyzing accounts for margin requirements

Responsible for Regulatory and In-House Compliance of all settling transactions, including

margin and option maintenance of customer’s accounts.

Executed customer transactions, which include equities, mutual funds, and options.

Maintained data collection in all aspects of margin and risk management.

Customer Relationship Officer (March 1999 – December 1999)

Junior Stockbroker – gathering assets for our branch’s growth

Managed the gathering and retention of customer’s assets.

Discussed the products that our company has to offer

Tracked, incoming customer transfers and contacted customers requesting the movement of assets


Series 7: February 15, 2000 – December 2, 2011 (no longer required for position)

Series 63: April 17, 2000 – December 2, 2011 (no longer required for position)


Ramapo College of New Jersey

Bachelor of Arts Degree awarded May 1997

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