Head of Equity Administration
Head of Equity Administration
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USD 295000 - 380000
1 Vacancy
Job Description
The Head of Equity Administration will lead OpenAIs global equity operations serving as the strategic and operational owner of all equity administration activities. This leader will be responsible for scaling a complex bespoke equity structure to meet the demands of hypergrowth upcoming recapitalization and any future liquidity or corporate events.
This is a critical leadership role for a dynamic and experienced operator who can drive rigor compliance and innovation across a highly visible and uniquely structured equity program. The role will begin with two direct reports with the expectation to grow the team in line with company complexity.
Key Responsibilities
Program Leadership & Administration
Own and operate OpenAIs equity administration lifecycle across profit participation units restricted membership units restricted stock units and other bespoke equity instruments.
Develop and oversee all equity system processes including cap table management employee grants vesting schedules and terminations.
Maintain and enhance operational workflows in Shareworks (or future systems) ensuring accuracy and compliance at scale.
Compliance & Reporting
Ensure compliance with Rule 701 Section 409A ASC 718 and global securities and tax regulations governing equity issuance and treatment.
Lead audit and financial reporting readiness for equityrelated disclosures and work crossfunctionally on reconciliations and tieouts.
Anticipate and mitigate risks across the equity lifecycle particularly as they relate to recapitalization M&A and other corporate events.
Maintain governance protocols for plan documents boardapproved grants and delegation authority.
Monitor and advise on compliance implications related to recapitalizations M&A and potential public company readiness efforts.
Strategic Program Development
Translate complex equity concepts for executive and board audiences to support major decisions around design execution and strategic alignment of the equity program.
Support corporate restructurings recapitalization and crossborder expansion with insight into equity administration implications.
Develop frameworks to evaluate and administer alternative instruments (e.g. incentive options phantom equity) aligned with OpenAIs goals.
CrossFunctional Partnership
Serve as the central liaison between Finance Legal People and Strategic Finance on all matters related to equity administration.
Partner with Legal and external counsel to stay ahead of regulatory developments and ensure appropriate disclosures and filings across jurisdictions.
Align with People on employee experience international mobility and education around equity offerings.
Team Building & Scalability
Lead and scale a highperforming equity administration team fostering operational excellence and a proactive service orientation.
Drive process improvements and scalable infrastructure to support future company stages including public company readiness preparation.
Create repositories and knowledge bases that scale alongside the business and reduce reliance on institutional knowledge.
About OpenAI
OpenAI is an AI research and deployment company dedicated to ensuring that generalpurpose artificial intelligence benefits all of humanity. We push the boundaries of the capabilities of AI systems and seek to safely deploy them to the world through our products. AI is an extremely powerful tool that must be created with safety and human needs at its core and to achieve our mission we must encompass and value the many different perspectives voices and experiences that form the full spectrum of humanity.
We are an equal opportunity employer and we do not discriminate on the basis of race religion color national origin sex sexual orientation age veteran status disability genetic information or other applicable legally protected characteristic.
For additional information please see OpenAIs Affirmative Action and Equal Employment Opportunity Policy Statement.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law including the San Francisco Fair Chance Ordinance the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. For unincorporated Los Angeles County workers: we reasonably believe that criminal history may have a direct adverse and negative relationship with the following job duties potentially resulting in the withdrawal of a conditional offer of employment: protect computer hardware entrusted to you from theft loss or damage; return all computer hardware in your possession (including the data contained therein) upon termination of employment or end of assignment; and maintain the confidentiality of proprietary confidential and nonpublic information. In addition job duties require access to secure and protected information technology systems and related data security obligations.
We are committed to providing reasonable accommodations to applicants with disabilities and requests can be made via this link.
OpenAI Global Applicant Privacy Policy
At OpenAI we believe artificial intelligence has the potential to help people solve immense global challenges and we want the upside of AI to be widely shared. Join us in shaping the future of technology.
Required Experience:
Director
Employment Type
Full-Time
