Stock plan administrators are primarily responsible for developing and analyzing various employee stock plans for their organization. Those in this position generally work in office environments during traditional business hours, and little to no travel is required for the job.
Candidates for the position should generally have a bachelor’s degree in a finance-related field and prior experience in stock administration or a related area. In-depth knowledge of stocks, accounting, and relevant computer software and applications is absolutely necessary.
Stock plan administrators may have a variety of responsibilities, including: administration of coach equity compensation; conducting quarterly and yearly reports; contacting executive compensation vendors regarding stock plans; processing grants; administrating organizational enrollments and purchases on a quarterly basis; ensuring the accuracy of all data and information, administration of all equity programs; ensuring organizational compliance with all legal regulations and securities laws; coordinating with departments of finances and human resources; and preparing all quarterly grants for equity.
Applicants should be highly organized and able to work well in high-stress environments, as stock plan administrators must be able to prioritize all responsibilities and act under little to no supervision.
Stock Plan Administrator Tasks
Correspond with employees to answer inquiries, discuss market fluctuations, and resolve account problems.
Act as liaison between employee, vendors and broker.
Record and document transactions, such as conversions, grants, and payments.
Support creation and execution of employee presentations regarding stock and investing education.
Prepare and maintain reports summarizing transactions and earnings for individual employee accounts.