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Director, Head of Equity Programs

Snyk
US East Coast (Remote)Remotefull_timeVerifiedPosted 2 Jan 2024

About the role

Every day, the world gets more digital thanks to tens of millions of developers building the future faster than ever. But with exponential growth comes exponential risk, as outnumbered security teams struggle to secure mountains of code. This is where Snyk (pronounced “sneak”) comes in. Snyk is a developer security platform that makes it easy for development teams to find, prioritize, and fix security vulnerabilities in code, dependencies, containers, and cloud infrastructure — and do it all right from the start. Snyk is on a mission to make the world a more secure place by empowering developers to develop fast and stay secure.

Location: New York / Connecticut remote with regular office attendance in Boston

The Opportunity:
We’re looking for a Director, Head of Equity Programs to help manage, develop, and scale our equity compensation programs and platforms at Snyk. In this role, you’ll be responsible for owning the administration of our current and future equity programs. This role will also assist with corporate paralegal tasks as needed. A successful candidate should be comfortable with a fast-paced, dynamic, and ambiguous environment, be able to effectively manage multiple competing priorities with significant autonomy, and demonstrate high-quality judgment. If you are a quick learner who can think strategically while staying organized, paying attention to details and diving deep when needed, then this opportunity is for you. 

In This Role, You Will:

  • Administer Snyk’s global equity compensation programs, including processing all awards/grants, exercises, cancellations and releases in the US and in foreign jurisdictions. 
  • Perform research and analysis on best practices for equity compensation programs and processes. Advise and assist company and cross-functional partners on program design, implementation, and modifications to enable scaling and to support employee attraction and retention.  
  • Implement a stock plan recordkeeping software system. 
  • Ensure accuracy of equity data; provide reports to accounting, finance, legal, and people departments; assist with record reconciliation and audits.
  • Drive system automation between our stock plan recordkeeping software system, HRIS, and payroll systems. 
  • Manage relationships with equity program vendors.
  • Support the development and implementation of a leading-edge ESPP program. 
  • Develop and deliver world-class employee education programs for new and continuing employees with a focus on equity compensation and ESPP process and mechanics. 
  • Collaborate with legal, finance, and people organizations to ensure strong internal controls and SOX-compliance relating to equity programs.  
  • Coordinate closely with the payroll team to ensure proper withholding and reporting of tax associated with equity grants, exercises, and releases.
  • Provide a high level of customer service in responding to inquiries from current and former employees, manage equity inbox and, develop proper documentation to enable employee self-service. 
  • Collaborate cross-functionally to ensure legal and regulatory compliance in non-U.S. countries as applicable.  
  • Prepare and timely file Section 16 reports (Forms 3, 4, 5) with the SEC; support preparation of other SEC filings, proxy statements, and 10b5-1 trading plans. Coordinate with brokers on 10b5-1 plans.
  • Support the Associate General Counsel and legal team with legal entity management (including international subsidiaries) and other corporate paralegal tasks as needed.
  • Maintain current knowledge of global rules and regulations governing equity compensation plans and ESPPs (ex. IRS, SEC, local securities and tax regulations). Analyze effect of ongoing regulation changes, policy changes, and prevailing practices among similar organizations on stock plans. 
  • Prior legal entity management experience in a global company supporting international subsidiaries

We’d love to hear from you if:

  • You have 7+ years of experience in stock plan administration, preferably with recent IPO companies. 
  • You have an understanding of US GAAP accounting and SEC regulations related to equity/stock administration.
  • You operate like an owner. You are self-motivated, reliable, flexible, and can drive progress under tight deadlines. 
  • You have experience with system implementations and integrations. 
  • You have exceptional analytical and conceptual thinking skills. 
  • You have a strong track record of achieving results.
  • You have a strong tendency toward cross-functional relationship building and a bias toward action. 
  • You can distill complex concepts into simple, easy to understand communications. 
  • You’re comfortable interacting with colleagues at all levels and communic

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Company

Snyk

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