Equity Compensation Manager

The Equity Compensation Manager at Braze is entrusted with managing the global equity plan administration, which involves transaction processing, data entry, and ensuring high-quality control through reconciliations and audits. Additionally, this role is responsible for developing and maintaining a competitive equity compensation strategy, overseeing all communication related to equity compensation programs, and ensuring the accurate processing of new equity grants. Collaboration with various departments to enhance the equity administration process is also a key responsibility.

To qualify for the Equity Compensation Manager position at Braze, you should have a Bachelor's Degree in Business Administration, Accounting, or Finance. With over 5 years of experience using the E*Trade platform or similar equity platforms and at least 2 years in stock administration for a publicly traded company are crucial. A solid understanding of federal and state taxation on equity compensation, SOX controls, and various types of equity awards is highly advantageous.

At Braze, we pride ourselves on our collaborative and vibrant culture that supports our employees' professional growth and personal harmony. As an Equity Compensation Manager, you will find opportunities for community engagement, professional development, and an open environment that encourages autonomy and accountability. The company has consistently earned various accolades for being a great workplace, reflecting our commitment to nurturing an inclusive and enjoyable environment for all team members.

For the Equity Compensation Manager role at Braze, the starting salary in the United States ranges between $154,000.00 - $171,000.00 per year, and potential On Target Earnings (OTE) can be between $171,000.00 - $190,000.00, which includes bonuses or commissions. This compensation reflects our commitment to recognizing and rewarding the essential contributions of our team members. Compensation packages also include benefits such as equity grants, so our employees have a stake in our success.

Braze is committed to providing our employees with a comprehensive Total Rewards package that includes not just competitive compensation but also professional development opportunities. As an Equity Compensation Manager, you will have access to formal career pathing, tuition reimbursement, and learning platforms to enhance your skill set. The culture at Braze fosters continuous improvement, and there are numerous chances to collaborate on innovative projects, paving the way for personal and career growth.

In your response, describe specific instances where you managed equity plans, focusing on your responsibilities in transaction processing, data entry, reconciliations, and audits. Highlight familiarity with platforms like E*Trade and any challenges you successfully navigated in previous roles, demonstrating your ability to manage complex equity compensation processes.

To tackle this question, emphasize the methodologies you've employed for maintaining data accuracy, such as regular reconciliations, audits, and effective communication with involved teams. Discuss the importance of attention to detail and the steps you take to verify information before processing, showcasing your organized approach.

Explain your approach to communication, emphasizing clarity, accessibility, and educational initiatives such as workshops or digital resources. Share examples of how tailored communication has helped employees understand their equity benefits, thereby enhancing engagement and reducing inquiries related to confusion.

Discuss a systematic approach to resolving discrepancies, such as investigating the cause of the issue, collaborating with relevant stakeholders, accurately documenting findings, and implementing preventive measures. Demonstrating a proactive and detail-oriented mindset will illustrate your problem-solving abilities.

Provide concrete examples of your understanding and experience with equity compensation regulations at both federal and state levels. Discuss your familiarity with compliance requirements and how you’ve ensured adherence to these regulations within your past roles.

Share a specific project where you faced obstacles related to equity compensation, describing the project scope, challenges faced, and the strategies you implemented to overcome those challenges. Highlight successful outcomes to showcase your ability to thrive under pressure.

Discuss the importance of equity compensation in attracting and retaining high-performing talent. Support your points with data or examples that show how well-structured equity compensation programs can enhance employee loyalty and performance.

Share your strategies for staying informed about developments in the field, such as subscribing to relevant publications, attending industry webinars, or participating in professional organizations. Highlight your commitment to continuous learning and adaptation in this evolving field.

Mention relevant platforms, particularly E*Trade, and discuss your proficiency with them. Provide examples of how these tools helped streamline equity compensation processes and improved efficiency in your previous roles.

Discuss a methodology you would employ for identifying inefficiencies in current processes, gathering stakeholder input, and implementing technology solutions or best practices. Mention any successful improvements you’ve led in past roles to demonstrate your proactive, results-oriented approach.