Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting

at Bank of America in Scottsdale, Arizona, United States

Job Description

Sr Workplace Benefits Product Manager – Equity Compensation Financial Reporting

Pennington, New Jersey;Jacksonville, Florida; Scottsdale, Arizona; Lone Tree, Colorado

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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:

+ 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:

+ 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.

Colorado : This job will be open a?nd accepting applications for a minimum of seven days from the date it was posted .

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 (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12.pdf) " poster.

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

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