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 and 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 - Jersey City - 525 Washington Blvd (NJ2525), US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)Pay and benefits informationPay range$104,000.00 - $171,600.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.