Equity Administration Lead

Blend is looking for a highly motivated and experienced Equity Administration Lead to take ownership of the day-to-day management and strategic oversight of our global equity compensation programs. This role is critical in ensuring the accuracy, compliance, and seamless execution of all equity-related activities, and will work closely with leadership across Finance, Legal, HR, and Payroll.

***This is an in-office role, 4 days a week, based in North Hills. We are accepting candidates only based out of Raleigh, NC***

How you will contribute:

Equity Plan Management & Operations

• Manage the end-to-end administration of all global equity plans, including Stock Options, Restricted Stock Units (RSUs), and Performance Stock Units (PSUs).
• Process all equity transactions accurately and timely, including new grants, vesting events, exercises, releases, and terminations.
• Track and monitor market-based Performance Stock Units (PSUs).
• Maintain the integrity of all equity data in the stock administration platform (Schwab), ensuring accurate record-keeping and reconciliation with HR, Payroll, and Legal records.
• Oversee the relationship with the third-party stock plan administrator and broker (Computershare), ensuring high-quality service and efficient data exchange.
• Develop, implement, and document scalable and efficient processes and internal controls (including SOX compliance) for all equity administration activities.

Lead cross-functional projects to enhance equity administration and system transformation. Reporting and Compliance

• Ensure compliance with all domestic and international (India) tax, legal, and regulatory requirements related to equity compensation (e.g., country-specific tax withholding, reporting, securities filings).
• Partner with the Accounting team to ensure proper accounting treatment for equity awards in accordance with ASC 718 and support all internal and external audit requests.
• Work with the Legal team to manage insider trading compliance, including pre-clearance procedures and timely filing of Section 16 reports (Forms 3, 4, and 5) with the SEC.
• Generate regular and ad-hoc reports for Finance, HR, Legal, and executive leadership, including dilution analysis, stock utilization, and compensation committee materials.
• Perform year-end reporting (1099-NEC’s and 3921’s)
• Coordinate with the Legal team and Schwab on 10b5-1 plans, the preclearance list, and Blend’s trading window. 

Employee Service and Education

• Serve as the primary point of contact for employee inquiries regarding equity awards, vesting schedules, and plan provisions, ensuring accurate and courteous responses.
• Develop and deliver clear, engaging educational materials, presentations, and communication strategies to help employees understand the value and mechanics of their equity compensation.

Strategic Leadership and Projects

• Provide subject matter expertise and strategic input to the Total Rewards team on the design, structure, and market competitiveness of new and existing equity programs.
• Stay current on best practices, regulatory changes, and industry trends related to global equity compensation.

Required Qualifications

• Bachelor’s degree in Business, Finance, Accounting, or a related field.
• 7+ years of progressive experience in stock plan administration, preferably for a global public company.
• Deep knowledge of global equity programs, including tax, legal, and accounting implications.
• Hands-on experience with a major equity administration platform (experience with Schwab preferred).
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, managing large data sets).
• Exceptional attention to detail, process-orientation, and commitment to data accuracy.
• Strong verbal and written communication skills with the proven ability to communicate complex concepts clearly to all levels of employees and external partners.
• Proven ability to work cross-functionally and manage multiple competing deadlines in a fast-paced environment.

Preferred Qualifications

• Certified Equity Professional (CEP) designation.
• Experience in public entity environments.
• Familiarity with global payroll tax requirements for equity compensation.

At Blend, we are committed to offering a competitive compensation package.

To comply with local legislation, as well as to provide greater transparency to candidates, we share base pay ranges on all job postings regardless of desired hiring location. Final base pay offer amounts will vary depending on multiple factors, including but not limited to function, level, geographic location, job related knowledge, skills, and experience. Beyond base pay, Blends benefits and perks are described below.

Compensation:

• Base Salary Range: $$118,000 - $138,000 (This applies to full time hires. Final offer determined by multiple factors, including but not limited to function, level, geographic location, job related knowledge, skills, and experience.)
• Bonus (if applicable): Eligibility is contingent upon both company performance against established goals and achievement of individual performance objectives.
• Equity : Meaningful Restricted Stock Units in public company stock (NYSE: BLND) so you share in Blend’s long-term growth and success.