drjobs Equity Administration

Equity Administration

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1 Vacancy
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Job Location drjobs

Boston - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

This hybrid position will be based in our Boston office Monday Thursday with remote flexibility on Fridays.

About the Team:

The Total Rewards team at Wayfair comprises Compensation and Benefits. Our plans are designed to help Wayfair attract and retain the talent our business verticals need to execute their objectives and contribute to our employee value proposition where our culture of empowerment and opportunity are front and center. We accomplish this by focusing on qualitative and quantitative data to deliver differentiated costeffective strategies and equitable access process and outcomes.

This role sits within the Corporate Compensation and Equity team which is responsible for setting the global compensation strategy and managing equity and executive compensation strategy and administration. You will report directly to the Global Head of Corporate Compensation and Equity and play a key role in shaping the compensation landscape for our employees worldwide.

About the Role:

Were seeking a highly motivated and detailoriented Equity Admin to play a critical role in the administration of our equity compensation programs. In this exciting opportunity youll be responsible for managing all aspects of our equity plans ensuring accuracy efficiency and a positive participant experience. You will be a key player in optimizing our equity administration processes and contributing to the strategic development of our equity programs.

What Youll Do:

  • Equity Plan Administration: Manage all aspects of our global equity compensation plans across all Wayfair locations across North America UK EU and Asia. Equity plan administration involves:
    • Processing grants exercises and vestings.
    • Preparing and submitting board lists for grant approvals.
    • Managing and communicating trading window updates and restrictions.
  • Fidelity PSW Management: Serve as the primary administrator for our equity plan platform (Fidelity PSW) maintaining accurate participant data managing transactions and generating reports.

Participant Communication and Education:

    • Develop and deliver clear communications to employees regarding equity programs policies and procedures.
    • Create educational materials and resources to enhance participant understanding.
    • Proactively engage with employees to address questions and ensure comprehension of their equity awards.
  • Vendor Management: Manage relationships with equity compensation vendors (e.g. Fidelity) overseeing performance addressing service issues and ensuring compliance.
  • Process Improvement: Continuously analyze and improve equity administration processes identifying opportunities for automation streamlining workflows and implementing best practices.

Monitoring and Reporting:

    • Monitor and track key equity performance indicators (e.g. dilution).
    • Provide regular reports to management and the Board of Directors.
    • Analyze trends and recommend mitigation strategies.
  • Internal Audit Controls: Ensure compliance with internal audit controls related to equity compensation participating in audits and implementing corrective actions.
  • Compensation Strategy: Partner with the Compensation team to develop and implement equity compensation strategies that align with business objectives and attract and retain top talent.
  • Data Analysis and Reporting: Conduct analyses to evaluate program effectiveness and identify areas for improvement preparing reports and presentations for management and the Board.
  • CrossFunctional Collaboration: Partner with teams across Wayfair including Legal Payroll Accounting FP&A and others to deliver on equity initiatives.
  • Workday Integration: Collaborate with HRIS to ensure seamless integration of equity data and processes with Workday our HRIS system. This includes data uploads reconciliations and reporting.

What Youll Need:

  • Bachelors degree in Business Administration Finance or a related field.
  • 1 years of experience in equity administration preferably with experience using Fidelity Plan Sponsor WebStation (PSW).
  • Strong understanding of equity compensation plans regulations and best practices.
  • Advanced proficiency in Excel including data manipulation modeling and reporting.
  • Excellent attention to detail and accuracy.
  • Strong analytical and problemsolving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and manage multiple priorities.
  • Experience or interest with equity compensation plan design and strategy.

Massachusetts Applicants: I understand that 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.

About Wayfair Inc.

Wayfair is one of the worlds largest online destinations for the home. Whether you work in our global headquarters in Boston or in our warehouses or offices throughout the world were reinventing the way people shop for their homes. Through our commitment to industryleading technology and creative problemsolving we are confident that Wayfair will be home to the most rewarding work of your career. If youre looking for rapid growth constant learning and dynamic challenges then youll find that amazing career opportunities are knocking.

No matter who you are Wayfair is a place you can call home. Were a community of innovators risktakers and trailblazers who celebrate our differences and know that our unique perspectives make us stronger smarter and wellpositioned for success. We value and rely on the collective voices of our employees customers community and suppliers to help guide us as we build a better Wayfair and world for all. Every voice every perspective matters. Thats why were proud to be an equal opportunity employer. We do not discriminate on the basis of race color ethnicity ancestry religion sex national origin sexual orientation age citizenship status marital status disability gender identity gender expression veteran status genetic information or any other legally protected characteristic.

Your personal data is processed in accordance with our Candidate Privacy Notice If you have any questions or wish to exercise your rights under applicable privacy and data protection laws please contact us at.

Employment Type

Full Time

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