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Equity Product Manager

Pennington, New Jersey;

Job Description:

Business Overview:

Retirement & Personal Wealth Solutions (RPWS) serves the core financial needs of individual clients and plan participants by connecting our capabilities across the firm.  RPWS is responsible for the development and execution of a comprehensive set of personal wealth and retirement products and services through Banking, Merrill Edge and Advisory channels.  RPWS provides tools and content that enables financial advisors and bankers to help their client’s live better financial lives.

Position Description:

The Equity Product Manager position is responsible for the strategic direction and product management for Equity Award solutions for small, middle market and large companies. The individual will be responsible for managing ongoing product development and issue resolution, working with relationship and internal teams on equity product management items and new client opportunities. In addition, the position is responsible for engaging and sharing best practices with internal teams and clients, keeping them informed on product and industry related items.

  • Experience with Equity Compensation, having strong fundamentals on the various award types and how the industry effectively issues them
    • Experience with equity plan design and how they are structured domestically and internationally
    • Experience with different service models and product offerings
    • Knowledgeable of compliance and legal issues associated with plan design and implementation, both domestically and internationally  

  • Demonstrates thought leadership and is able to represent Bank of America to clients
    • Articulate and knowledgeable across the product offering
    • Presents themselves and the Firm in a highly professional and consultative manner with prior client facing experience
    • Will function as the go-to person for specific features within the application to support the development and quality assurance teams

  • A seasoned individual with strong analytical, verbal and communication skills
    • Ability to review existing offerings and processes in an analytical manner to determine functional and economic improvements
    • Ability to design product solutions working, with external (clients, consultants and industry) and internal groups, that is fact based and executable
    • Ability to develop business cases, organize information and document proposals

  • Fosters a team environment
    • Teams well with all business partners and is able to drive a multi-discipline approach to problem solving
    • Collaborates well at all levels of the organization and is able to tailor messages based on the audience

Requirements:

  • Bachelor’s Degree preferred or equivalent work experience required
  • 5+ years of Equity Compensation Administration REQUIRED
  • Expertise in Equity Compensation Administration and/or Employee Stock Purchase Plan products REQUIRED
  • CEP highly preferred
  • Series 7 and Series 66 FINRA Registration License required (or ability to obtain within 120 days of hire)
  • Superior interpersonal skills necessary to communicate complex information to a wide variety of personnel in a clear, concise and well-organized manner
  • Excellent relationship building skills are required to build relationships with Financial Advisors, external partners, and internal partners
  • Ability to manage conflict and bring issues to resolution
  • Excellent analytical skills with a particular strength in making sound business decisions
  • Ability to manage complex projects and work within cross-functional teams
  • Excellent presentation skills
  • Travel <10%

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-20005525

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Referral Bonus: