Bank of America Corporation

Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting

Bank of America Corporation$104K — $171K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7+ years of experience in product management, preferably within financial services
  • Hands-on experience with equity compensation accounting systems or related financial reporting platforms
  • Demonstrated experience delivering product features end-to-end in partnership with engineering teams
  • Experience working directly with clients and supporting product-driven business growth

Responsibilities

  • Serve as the subject matter expert on ASC 718 and related accounting standards
  • Identify opportunities to enhance product capabilities and differentiate in the market
  • Partner with stakeholders to evaluate regulatory changes for the product roadmap
  • Collaborate closely with engineering and client service teams to ensure product success
  • Define product requirements, user stories, and acceptance criteria
  • Lead backlog prioritization for high-impact capabilities
  • Act as a product authority in client engagements, articulating methodologies

Benefits

  • Access to industry-leading benefits
  • Paid time off
  • Resources and support for employee contributions
  • Opportunity for an annual discretionary award based on performance
Full Job Description
Job Description:

The Senior Product Manager is a key leader within Bank of America's Equity Plan Services product team, responsible for defining and delivering industry-leading solutions that support corporate clients' financial reporting for equity-based compensation.

This role combines deep domain expertise in equity compensation accounting (ASC 718) with strong product management leadership. The Sr. Product Manager helps define and drive the product roadmap aligned to client needs and business goals, and partners cross-functionally to deliver client-centric solutions that support compliance, reporting accuracy, and client growth.

The successful candidate will act as the product authority for equity compensation accounting, translating complex regulatory requirements into differentiated product capabilities and will assist with client relationship management to understand client's needs and how they can be supported on the platform including explaining methodologies and proving out calculations.

Responsibilities:

Domain Expertise & Product Innovation
  • Serve as the subject matter expert on ASC 718 and related accounting standards (including ASC 260), translating regulatory requirements into scalable product functionality
  • Understand system calculations and dependencies as they relate to equity-based accounting requirements, including Expense, Deferred Tax, Earnings Per Share Dilution, Disclosures, Proxy reporting and Employee Stock Purchase Plan requirements
  • Identify opportunities to enhance product capabilities, improve automation, and differentiate in the market
  • Partner with stakeholders to evaluate emerging regulatory changes and proactively incorporate them into the product roadmap
  • Collaborate closely with engineering, QA, operations, and client service teams to ensure product success


Product Development & Execution
  • Partner with engineering and design teams to deliver high-quality product features from concept through release
  • Define product requirements, user stories, and acceptance criteria aligned to business outcomes
  • Lead backlog prioritization and ensure delivery of high-impact capabilities
  • Ensure accuracy and integrity of financial models and calculations through rigorous validation and testing oversight


Client Engagement
  • Act as a product authority in client engagements, articulating functionality, methodologies, and value proposition
  • Partner with sales and client relationship teams to support client onboarding, solution design, and complex inquiries
  • Contribute to go-to-market strategy, including product positioning and RFP responses
  • Own and maintain client-facing report and user guides


Required:
  • 5-7+ years of experience in product management, preferably within financial services or enterprise applications
  • Hands-on experience with equity compensation accounting systems or related financial reporting platforms
  • Demonstrated experience delivering product features end-to-end in partnership with engineering teams
  • Experience working directly with clients and supporting product-driven business growth


Desired:
  • Background in accounting, finance, or financial analysis
  • Experience working with regulatory-driven products or complex financial models
  • Bachelor's degree in Accounting, Finance, or similar discipline
  • CPA or CEP a plus


Skills:
  • Business Acumen
  • Data Management
  • Presentation Skills
  • Written and Verbal Communications
  • Benefits Plan Development
  • Business Analytics
  • Collaboration
  • Executive Presence
  • Sales Performance Management
  • Analytical Thinking
  • Benchmarking
  • Innovative Thinking
  • Problem Solving
  • Product Management


Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent; Bachelor's Degree or relevant work experience.

Colorado: This job will be open and accepting applications for a minimum of seven days from the date it was posted.

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - CO - Lone Tree - 10375 Park Meadows Dr - Parkridge Four (CO9375), US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$104,000.00 - $171,600.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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