Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting
Bank of America
Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting
Pennington, New Jersey;Jacksonville, Florida; Scottsdale, Arizona; Lone Tree, Colorado; Boston, Massachusetts; Charlotte, North Carolina
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Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The Senior Product Manager is a key leader within Bank of America's Equity Plan Services product team, responsible for defining and delivering industry-leading solutions that support corporate clients' financial reporting for equity-based compensation.
This role combines deep domain expertise in equity compensation accounting (ASC 718) with strong product management leadership. The Sr. Product Manager helps define and drive the product roadmap aligned to client needs and business goals, and partners cross-functionally to deliver client-centric solutions that support compliance, reporting accuracy, and client growth.
The successful candidate will act as the product authority for equity compensation accounting, translating complex regulatory requirements into differentiated product capabilities and will assist with client relationship management to understand client's needs and how they can be supported on the platform including explaining methodologies and proving out calculations.
Responsibilities:
Domain Expertise & Product Innovation
Serve as the subject matter expert on ASC 718 and related accounting standards (including ASC 260), translating regulatory requirements into scalable product functionality
Understand system calculations and dependencies as they relate to equity-based accounting requirements, including Expense, Deferred Tax, Earnings Per Share Dilution, Disclosures, Proxy reporting and Employee Stock Purchase Plan requirements
Identify opportunities to enhance product capabilities, improve automation, and differentiate in the market
Partner with stakeholders to evaluate emerging regulatory changes and proactively incorporate them into the product roadmap
Collaborate closely with engineering, QA, operations, and client service teams to ensure product success
Product Development & Execution
Partner with engineering and design teams to deliver high-quality product features from concept through release
Define product requirements, user stories, and acceptance criteria aligned to business outcomes
Lead backlog prioritization and ensure delivery of high-impact capabilities
Ensure accuracy and integrity of financial models and calculations through rigorous validation and testing oversight
Client Engagement
Act as a product authority in client engagements, articulating functionality, methodologies, and value proposition
Partner with sales and client relationship teams to support client onboarding, solution design, and complex inquiries
Contribute to go-to-market strategy, including product positioning and RFP responses
Own and maintain client-facing report and user guides
Required Qualifications:
5-7+ years of experience in product management, preferably within financial services or enterprise applications
Hands-on experience with equity compensation accounting systems or related financial reporting platforms
Demonstrated experience delivering product features end-to-end in partnership with engineering teams
Experience working directly with clients and supporting product-driven business growth
Desired Qualifications:
Background in accounting, finance, or financial analysis
Experience working with regulatory-driven products or complex financial models
Bachelor's degree in Accounting, Finance, or similar discipline
CPA or CEP a plus
Skills:
Business Acumen
Data Management
Presentation Skills
Written and Verbal Communications
Benefits Plan Development
Business Analytics
Collaboration
Executive Presence
Sales Performance Management
Analytical Thinking
Benchmarking
Innovative Thinking
Problem Solving
Product Management
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent; Bachelor's Degree or relevant work experience.
Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.
Colorado : This job will be open a?nd accepting applications for a minimum of seven days from the date it was posted .
?It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
View your "Know your Rights ( " poster.
View the LA County Fair Chance Ordinance ( .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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