Equity Plan Administrator
Forbright Bank
full-time
Posted on:
Location Type: Hybrid
Location: Chevy Chase • Maryland • United States
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Salary
💰 $114,353 - $118,200 per year
About the role
- Administer and manage the full lifecycle of equity compensation plans, including the preparation, review, and execution of grant agreements, exercise documents, and award modifications
- Manage and maintain accurate and timely equity data within our equity management platform
- Track vesting milestones, grant approvals, and reporting deadlines related to equity awards
- Partner with finance, legal, tax, payroll, and human resources to ensure timely and compliant processing of equity transactions, including tax withholding and reporting
- Serve as the primary point of contact for employees regarding equity compensation plans by providing timely, high-quality customer service and education on equity-related matters
- Generate regular reports on stock plan activity, grants, exercises, vesting, and forfeitures for finance and legal teams
- Prepare and reconcile monthly and quarterly equity reports, including share activity, expense accruals, and outstanding balances
- Assist in maintaining accurate records of equity authorizations, share pools, and plan usage for internal and board reporting
- Assist with the valuation process for stock options
- Ensure compliance with tax, legal, and securities regulations across all jurisdictions where equity is granted
- Support process improvements, automation, and system enhancements to improve efficiency and accuracy of equity administration
- Perform other duties as assigned
Requirements
- Bachelor’s Degree preferably with a concentration in Business, Finance, or Accounting required
- Minimum of 5 years of experience in stock plan administration or equity compensation required
- Experience working for a public company preferred
- Certified Equity Professional (CEP) designation – Level I or higher preferred
- Strong understanding of stock-based compensation accounting concepts and U.S. GAAP (ASC 718)
- Hands-on experience with equity management platforms required
- Exceptional level of analytical and reconciliation skills
- Proven ability to collaborate cross-functionally with finance, legal, tax, payroll, and human resources teams
- Strong level of discretion and confidentiality
- Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
- Excellent verbal, written, and interpersonal communication skills
- Strong organizational skills and attention to detail
- Outstanding problem-solving and time management skills
- Self-motivated, self-directed, and results-oriented
- Adaptable and able to multitask in a fast-paced environment
- Can work independently and within a team; solution-oriented with a collaborative approach
Benefits
- Comprehensive health, dental, and vision plans
- 4 weeks PTO
- 401k + company match
- Metro SmartTrip benefits ($50/mo)
- Remote or hybrid work schedules for most positions
- Incentives for purchasing solar panels, electric vehicles, biking to work, etc.
- Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
- Best Workplaces for Commuters 2023 & 2024 winner
- The Washington Post Top Workplaces 2023, 2024, and 2025 winner
- American Banker Best Banks to Work For 2023 winner
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
equity compensation administrationstock plan administrationstock-based compensation accountingU.S. GAAPanalytical skillsreconciliation skillsvaluation process for stock optionscompliance with tax regulationscompliance with securities regulationsprocess improvements
Soft skills
customer servicecollaborationdiscretionconfidentialityorganizational skillsattention to detailproblem-solvingtime managementself-motivatedadaptability
Certifications
Certified Equity Professional (CEP)