Vice President, Compensation Equity Administration
BlackRock in Wilmington, Delaware, USA
Financial Services
Full-Time
The Deferred Compensation Administration team is responsible for all deferred compensation plans at the organization such as Restricted Stock Units (RSU) Options, Investment Professional Deferred Compensation, and Voluntary Deferred Compensation.
The team work closely with internal stakeholders such as Legal, Compensation, Employee Relations, Finance, and Human Resources.
The Role:
• Lead the administration of the BlackRock Equity Plan, including:
• Coordinate and manage new grants into the equity administration online tracking systems
• Maintain the equity grants in the vendor tracking system through regular review and validation against internal systems
• Facilitate the monthly vesting of equity awards per appropriate vesting schedules, including liaising with our HR tax and payroll teams to ensure accurate taxation
• Validate, audit, and process new hires, terminations, and transfers to ensure proper treatment of deferred equity awards consistent with the terms of the plan and any other plan documents such as award agreements
• Participate and deliver upon the annual major vesting event during the January year end cycle
• Work with our recruiting & compensation teams to advise on candidate buy-out and sign-on equity compensation proposals
• Review & value new hire documentation to present to our Management Development & Compensation Committee or their delegates for approval
• Complete post grant/distribution tasks including auditing transactions & liaising with our Compensation Accounting department on unreconciled clearing account items
• Serve as a subject matter expert to internal clients related to equity compensation plans
• Assist with the administration of other BlackRock plans including the Investment, Cash, and Voluntary Deferred Compensation plans
• Co-manage team mailbox for internal queries
• Provide outstanding customer service experience through generation of informative materials and prompt resolution of employee queries through internal ticketing system
• Suggest and help implement process improvements and best practices as appropriate
• Lead, participate and deliver upon department projects as required
Experience and Attitude:
• At least 3 years relevant operations experience, including experience with high volume & data management
• Ability to manage multiple tasks, in an organized manner, and adhere to strict completion deadlines
• Demonstrated ability to work independently as well as part of a team and excel in a fast-paced, high-intensity environment
• Strong analytical skills that enable candidate to recognize and resolve problems
• High proficiency with Microsoft Excel (i.e. Index Match / VLOOKUP / Pivots / Power Query); proficiency with Alteryx strongly desirable
• Desire to learn regional equity regulations & processes including those in China, France, UK, Canada, Brazil, the Netherlands, & Australia
• Excellent written and verbal communication skills and ability to interact with all levels of the organization
• Bachelor’s degree or equivalent by experience
• Financial services, asset management, and/or investment banking industry experience is preferable
• Certified Equity Professional or equivalent certification preferred
Key Competencies:
• A high level of attention to detail
• Risk management
• Teamwork including collaborating with remote team members
• Problem solving
• Desire and ability to provide outstanding service to internal clients
• Adaptability / Resilience
• Proven ability to manage competing priorities and meet tight deadlines
• Ability to identify, analyze, develop, and document improvements to processes and/or procedures
• Communicate with impact
• A positive and ‘can-do’ attitude
• Discretion in dealing with confidential information and prudence when interacting with senior level leaders
Apply to this job and join Ivy Exec
Ivy Exec members get:
Access to 60,000+ senior-level job openings
Opportunities to join market research studies
A dedicated Career Advisor
Exclusive career growth courses and content