Equity Plan Administrator responsible for managing Forbright Bank’s employee equity program administration and compliance. Collaborating with teams to ensure an excellent employee experience in equity compensation.
Responsibilities
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
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