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Senior Stock Plan Administrator

2 months ago

Palo Alto, California, United States Broadcom Corporation Full time
Job Description

Broadcom Corporation is seeking a highly skilled Senior Stock Plan Administrator to join our team. This is an onsite based position.

Key Responsibilities
  • Manage the administration of employee, executive, and Board of Director stock programs, including planning and project managing implementation of new programs.
  • Assist in the preparation of reports for management and the Compensation Committee of the Board, regarding equity plans and grant analysis.
  • Prepare equity utilization projections and supporting analysis (i.e. burn rate, overhang, etc.).
  • Ongoing review and updates to all internal procedures and control documentation with regard to the management and administration of all company stock plans.
  • Manage monthly, quarterly, and yearly equity grant and vesting processes (RSUs, performance and NQ stock options).
  • Develop and deliver timely communication related to stock awards, including grant notification, terms, and vesting events.
  • Provide equity data from Fidelity for SEC filings, including Proxy and Section 16 reports.
  • Direct the company's transfer agent in matters related to stock programs, such as plan reserve maintenance, restricted stock issuances, and book entry accounts and releases, and maintain share balance reserves for all company stock plans.
  • Ensure smooth, accurate, and timely settlement of daily transaction activity with stock administrator and our transfer agents for options, executive performance options, RSUs, and ESPP.
  • Provide reports from systems to meet internal and external requirements.
  • Partner with Compensation, HRIS, and Fidelity to develop new reports and internal review processes as needed.
  • Develop and enhance automation in all areas of stock administration for streamlining of processes.
  • Serve as primary contact for audit requests and assist in establishing, documenting, and maintaining control procedures associated with stock plan administration.
  • Provide analysis and reconciliation at accounting end periods.
  • Generate Section 16 filings and monitor 10b5-1 and preclearance activity.
  • Respond to executive and employee equity plan questions.
Requirements
  • 12+ years of experience in stock administration, including stock options, restricted stock units, and/or performance-based stock awards.
  • Excellent communication skills and ability to communicate with all levels of the organization.
  • Expertise in Microsoft Excel, Word, and other Microsoft Office applications.
  • Able to work independently, handle multiple priorities, and apply good judgment.
  • Function in a dynamic changing environment.
  • Meticulous attention to detail and accuracy.
  • Familiarity with China SAFE a plus.
  • Experience with Fidelity desired.
Preferred Education Background
  • Certified Equity Professional certification preferred.
  • College degree preferred.

This position is eligible for a discretionary annual bonus in accordance with relevant plan documents, and equity in accordance with equity plan documents and equity award agreements. Broadcom offers a competitive and comprehensive benefits package, including medical, dental, and vision plans, 401(K) participation, Employee Stock Purchase Program (ESPP), Employee Assistance Program (EAP), company-paid holidays, paid sick leave, and vacation time. The company follows all applicable laws for Paid Family Leave and other leaves of absence. Broadcom is proud to be an equal opportunity employer.