Director of Executive and ESOP Administration

Bank Forward

• $135K — $165K *
Fargo, ND 58103In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Experience in ESOP administration, including communication and valuation management.
  • Expertise in 401(k) plan oversight and compliance testing.
  • Knowledge of stock option plans, specifically Omnibus Stock Option Plan administration.
  • Familiarity with deferred compensation plans and insurance coordination.
  • Bachelor's degree in business or related field; MBA preferred.
  • Active CPA license is a plus.

Responsibilities

  • Serve as the primary contact for ESOP trustee and valuation teams.
  • Prepare and communicate valuation inputs and forecasts.
  • Oversee compliance filings and fee reviews for the 401(k) plan.
  • Manage the administration of the stock option plan.
  • Coordinate operations and ensure compliance of deferred compensation plans.

Benefits

  • Health coverage with multiple plan options.
  • Dental and vision insurance.
  • Flexible spending accounts for medical and dependent care expenses.
  • 401k plan with company match.
  • Employee stock ownership options.
  • Company-paid life and long-term disability insurance.
  • Paid time off, including holidays and extended absence leave.
Full Job Description


Benefits: Health (Traditional and High-Deductible plan options), Dental, Vision, Medical & Dependent Care FSA, HSA, 401k, Employee Stock Ownership, Company paid Life and Long-term Disability Insurance, Voluntary paid benefits, Paid Time Off, Holidays, Extended Medical Absence Leave.

Work Hours: Full-time, Monday through Friday, 8:00-5:00pm.

Skills / Requirements / Qualifications:

  • ESOP Administration: Primary liaison to trustee/valuation firm/TPA; prepare valuation inputs; manage participant communications; maintain repurchase obligation model and cash-flow forecasts.
  • 401(k) plan oversight: Primary liaison to Service Provider; coordinate testing (ADP/ACP), filings, fee reviews.
  • Stock plan administration: Oversee Omnibus Stock Option Plan
  • Deferred compensation (409A) & BOLI: Support plan operations; coordinate with carriers/advisors.
  • Bachelor's degree in business, accounting, finance; Master's/MBA preferred.
  • Active CPA license desired.

Salary Range: $135,000 - $165,000 annually (depending on experience)

Compensation
$135,000-$165,000 per year

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