Stock Plan Administrator, SoFi
$83.2-156k
+ Bonus
Mobile & online personal finance services
Be an early applicant
Mobile & online personal finance services
1001+ employees
Be an early applicant
$83.2-156k
+ Bonus
1001+ employees
Company mission
To help people reach financial independence to realize their ambitions.
Role
Who you are
- Bachelor’s degree, ECA or CEP designation preferred
- 3-5 years of experience in Public Company LTI/Equity Plan Administration, including Employee Stock Purchase Plans (ESPP) strongly preferred
- Bilingual in English/Spanish preferred
- Experience with Fidelity NetBenefits SPS administration system preferred
- Strong Microsoft Office skills and Google Suite experience preferred
- Experience working with a global population across multiple long-term incentive vehicles
- Ability to function in a highly collaborative environment
- Strong verbal and written communication skills
- Must demonstrate attention to detail, analytical abilities, and consistent follow-through, including project management skills and time management
- Ability to partner with cross-functional teams, including legal, HR, tax, payroll, accounting, and finance
What the job involves
- SoFi is searching for a Stock Plan Administrator to support the day-to-day long-term incentive plan’s requirements in a fast-growing environment
- This role will be a key contributor in supporting the daily operations of the Equity Team
- The right person will thrive with the eagerness to learn, use innovative approaches to solving problems, be ready to accept new challenges and be willing to contribute to improving our end-to-end equity process
- Reporting to the Manager, Global Equity, you will support the daily activities related to our global equity plan including any ad-hoc projects and tasks related to the Plan
- Assist in the management of our relationship with our vendor, Fidelity, including coordinating tasks to be performed by Fidelity throughout the equity administration process
- Support employees and business partners with equity-related requests and questions
- Collaborate in the development and execution of an employee education campaign for SoFi’s LTI programs
- Support the Manager, Global Equity with monthly/quarterly reporting, forecasting, and processing requirements associated with the Plan
- Assist with any system integration projects related to equity
- Produce analyses to support other business functions in management decision making
- Collaborate with Payroll and HR on system integrations and reconciliations between the Payroll and HRIS systems that support the Plan
- Assist with monthly/quarterly/year-end internal/external audit and compliance requests
- Assist with the month-end close process by assisting with reporting related inquiries from cross-functional partners
Our take
SoFi started by offering ways for students to secure better financial terms on their loans, and now offers a huge range of personal finance products, including bank accounts, loans, mortgages, investment advice, and investment opportunities. Many customers find they have to go to multiple financial service providers to meet all their finance needs, but SoFi overcomes this issue by putting it all in one place.
Its goal, to cover all the financial bases, sets them apart from many of the traditional banks and even some of their digital competitors, such as Avant, which has chosen to focus on providing credit alternatives. Although it is operating in a competitive market with a lot of big players such as Monzo, Revolut, and Starling, the company has managed to raise huge amounts of funding to support its rapid expansion.
SoFi has focussed on global expansion, moving outside the US, and has made a series of acquisitions to support this - including a Hong Kong-based investment app called 8 Securities. After going public on the New York Stock Exchange via a SPAC merger in June 2021, the company has continued to evolve and release more mission-oriented services into its roster, and strengthened its lending capabilities through a $350 million post-IPO loan. To date, the company has sold over $15 billion in personal loan collateral and continues to strengthen its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
7% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jan 2021
$369.9m
LATE VC
May 2019
$500m
GROWTH EQUITY VC
Total funding: $2.7bn
Company benefits
- Comprehensive health, vision, dental, life insurance, and disability benefits
- Generous vacation and holidays
- Paid parental leave for eligible employees
- 401(k) and education on retirement planning
- Tuition reimbursement on approved programs, up to $5,250 per year
- Monthly contribution up to $200 to help you pay off your student loans
- Great health & well-being benefits including: telehealth parental support, subsidized gym program
- Flexible time off
- Fertility and family planning options
- Free financial classes
Company values
- Put our member's interests first – if we take care of our members' interests, it will best serve our interests.
- Run after problems – we must build a culture of people who run after problems in order to ensure we execute with excellence and “things” do not fall through the cracks.
- Embrace diversity, everyone should feel welcome, included and able to contribute – diversity is a differentiator and our team should reflect society. We should continue to encourage and celebrate diversity.
- Get to the truth and make principle-based decisions – we can only make the best decisions if we have the right data, all of the perspectives, and if we align on the guiding principles.
- Make your footprint bigger than your foot – selfless acts are critical to elevate beyond the impact of our collective individual efforts.
- Do the right thing, if you're not sure, do the harder thing – our business is built on trust and integrity, which requires both adhering to the letter of the law and regulations and doing the right thing for the company and our members..
- Set ambitious goals, be gritty, be accountable - we must hold ourselves and others accountable for delivering our business objectives, for our culture, and for our member.
- Take care of other people and help them grow - our people are our greatest differentiator, if we take care of our people, they will take care of our members.
- Iterate, learn, innovate - we are all responsible for innovation and we must embrace data-driven decisions.
- Be SoFi missionaries - our products, our services, our brand, and our business must be durable over the long term to achieve our mission—be a missionary.
- Don’t forget to smile - our ambition is contagious: it makes us smile to see people inside and outside of SoFi succeed.
Company HQ
The East Cut, San Francisco, CA
Articles
Leadership
Anthony Noto
(CEO)Graduated from the U.S. Military Academy after being a telecommunications officer and captain in the U.S. Army. Has worked as Head of Gobal Telecommunications, Media and Technology at Goldman Sachs, been the COO of Twitter, and also the CFO of the National Football League.
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