Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting

Job Description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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 Qualifications

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 Qualifications

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.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

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

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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 - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

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.