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Equity Manager

Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:


 - We’ve funded over $100 billion in loans for our customers, more than any other fintech

 - We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021

 - We are Forbes’ Best Online Mortgage Lender for 2023

 - We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans

 - We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world

 - And we’re just getting started!


We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive. 


A Better Opportunity 


A successful candidate will be responsible for interfacing with our employees on issues related to their equity, all tools, processes, and operations related to the company’s equity program and its intersection with current human resources platforms, including but not limited to Workday and Carta. This role will oversee and maintain the day to day operations of the company’s equity program and manage a team of equity analysts and interact with cross functional teams, including Finance, Accounting, People, Payroll and Legal.   


Responsibilities
  • Manage the daily administration of Better’s global equity incentive plans and serve as the primary point person for equity related tasks, projects, employee inquiries, and oversight of our equity systems. 
  • Administer equity plans using the UBS platform, including timely processing of stock option grants and RSUs, exercises, cancellations, and terminations. 
  • Administer and execute domestic as well as international equity programs.
  • Maintain data integrity by reconciling monthly equity activity, including shares outstanding and share reserves among company records, and third-party vendors. 
  • Assist in development and maintenance of policies and procedures related to stock administration, and ensure compliance with internal controls.  
  • Create and implement process improvements and support automation initiatives between equity and HR systems.  
  • Partner with the People Team to create, maintain, and deliver educational materials and customized resources.  
  • Conduct monthly, quarterly, and annual reporting as needed and required by the Company, in collaboration with Finance, Payroll, Legal and People teams. 
  • Ensure compliance with federal, state, and foreign regulations along with securities laws. 
  • Provide excellent customer service to employees, management and collaborators. 


Qualifications
  • 4+ years of experience in Stock Administration 
  • Finance/Accounting degree or CEP preferred or equivalent work experience is a plus  
  • Experience with global equity plans and the associated tax issues 
  • Excellent verbal and written communication skills and ability to thrive in a high growth, collaborative environment 
  • Ability to work and think independently, plan and prioritize, as well as strong attention to detail 


$115,000 - $145,000 a year

Company Benefits 


Our total rewards package consists of base salary, benefits, and opportunity for yearly cash bonus. Some of our benefits include:


 - Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, health savings accounts, 401k, and more.

 - Personalized care and tools for realizing your mental health and wellness goals.

- Company paid for lunch when working in the office.

- Additional benefit perks & discounts.


Disclaimer  


Better Home & Finance Holding Company is an equal opportunity employer committed to fostering an inclusive and diverse environment for our employees. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other reason protected by law.


We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. Better will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.


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CEO of Better
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Vishal Garg
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Average salary estimate

$130000 / YEARLY (est.)
min
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$115000K
$145000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Equity Manager, Better

Better is on a mission to reimagine home finance, making it faster, cheaper, and easier for everyone to achieve their dream of homeownership. We’re seeking an Equity Manager to join our dynamic team in New York, New York. In this pivotal role, you’ll be the heartbeat of our equity program, working closely with our talented team to ensure that everything runs smoothly. You will oversee the day-to-day operations of Better's global equity incentive plans, acting as the primary point of contact for employees with equity-related queries. Your responsibilities will include administering equity plans through our UBS platform, managing stock option grants, and ensuring compliance with federal and state regulations. You will also take the lead in data integrity by reconciling equity activities while collaborating with cross-functional teams, including Finance, Legal, and HR. We value innovation and you’ll have the autonomy to implement process improvements and support the integration of automation initiatives. At Better, you’ll have the chance to leverage your experience, passion for finance, and exceptional communication skills to make an impactful contribution to our growing company. If you have over four years of experience in stock administration and a desire to excel in a fast-paced environment filled with talented individuals, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Equity Manager Role at Better
What are the key responsibilities of the Equity Manager at Better?

As the Equity Manager at Better, you'll oversee the daily administration of the company's global equity incentive plans. This includes managing stock option grants, RSUs, and ensuring compliance with regulations while providing support to employees regarding equity-related inquiries. Additionally, you will collaborate with cross-functional teams to maintain data integrity and drive process improvements.

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What qualifications do I need to apply for the Equity Manager position at Better?

To be a successful candidate for the Equity Manager role at Better, you should have at least 4 years of experience in stock administration, along with a degree in Finance or Accounting. Candidates with a CEP certification or similar experience will stand out. Strong communication skills and an ability to thrive in a high-growth environment are essential.

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What tools and systems does the Equity Manager at Better interact with?

As an Equity Manager at Better, you will primarily work with the UBS platform for administering equity plans. You'll also interact with systems like Workday and Carta, and engage with various teams including Finance, Accounting, and HR to ensure seamless operation of the equity program.

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How does the Equity Manager at Better contribute to employee education?

The Equity Manager plays a crucial role in collaborating with the People Team to create and maintain educational materials and resources for employees. This includes delivering customized resources that help employees understand their equity options, rights, and responsibilities.

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What is the salary range for the Equity Manager role at Better?

The Equity Manager position at Better offers a competitive salary ranging between $115,000 to $145,000 per year, depending on experience and qualifications. Additionally, the total rewards package includes comprehensive healthcare benefits, a retirement plan, and opportunities for yearly cash bonuses.

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Common Interview Questions for Equity Manager
Can you describe your experience with stock administration?

When answering this question, focus on your specific responsibilities in previous stock administration roles. Highlight the size and scope of the equity programs you managed, and discuss any particular challenges you faced and how you overcame them.

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How do you ensure compliance with equity-related regulations?

Address your strategies for keeping up-to-date with federal, state, and foreign regulations. Explain the processes you have in place to maintain compliance and how you collaborate with legal teams to review and confirm that all activities are aligned with current laws.

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What platforms or software are you familiar with for equity management?

Detail specific platforms you have previously worked with, such as UBS, Workday, or Carta. Highlight your level of proficiency and any significant projects where these systems were crucial, showing your technical abilities and adaptability.

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Can you give an example of a process improvement you implemented in your last role?

Talk about a particular challenge you identified in equity administration and the steps you took to create a more efficient process. Use metrics or outcomes to illustrate the effectiveness of your improvement, demonstrating your ability to drive positive change.

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How do you prioritize tasks in a fast-paced environment?

Discuss your time management techniques, tools, and frameworks that help you stay organized. Share examples of how you managed competing deadlines or multiple responsibilities, emphasizing your ability to remain calm and effective under pressure.

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What’s your approach to communicating complex equity information to employees?

Describe your style of transforming complex information into understandable terms for employees. You might include examples of educational materials or workshops you’ve developed, showcasing your ability to engage and inform coworkers.

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How do you maintain data integrity in equity management?

Talk about the methods you use to reconcile equity data regularly. Stress the importance of accuracy and detail your processes for checking entries, addressing discrepancies, and collaborating with IT or external vendors to ensure the data's reliability.

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What role does teamwork play in your job as an Equity Manager?

Share examples of collaboration in previous positions, emphasizing the importance of working with various departments. Discuss how team dynamics can enhance the equity program's success and how you foster positive working relationships.

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What challenges do you foresee in managing global equity plans?

In your response, consider discussing complexities such as varied regulatory environments, tax implications, and cultural differences in employee compensation expectations. Showing foresight and adaptability will illustrate your readiness for the role.

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Why do you want to work at Better as an Equity Manager?

Your answer should reflect your passion for the mission of Better and why its innovative approach to home finance resonates with you. Discuss how your skills align with the company values and your excitement about contributing to its success.

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We believe home finance should be better for all Americans. It should be fast, transparent, and low-cost. Our mission is to make that happen.

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DATE POSTED
December 18, 2024

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