Equity Plan Administrator

COMPANY

DESCRIPTION:

Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.

We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

The Equity Plan Administrator is responsible for building and managing the administration, auditing, and lifecycle tracking of Forbright Bank’s employee equity program. This position is responsible for the day-to-day administration of our equity plans, including ensuring accuracy, compliance, and excellent employee experience. This role partners closely with other teams at the Bank to manage all aspects of equity operations and support a fast-paced, growing organization.

• Administer and manage the full lifecycle of equity compensation plans, including the preparation, review, and execution of grant agreements, exercise documents, and award modifications
• Manage and maintain accurate and timely equity data within our equity management platform
• Track vesting milestones, grant approvals, and reporting deadlines related to equity awards
• Partner with finance, legal, tax, payroll, and human resources to ensure timely and compliant processing of equity transactions, including tax withholding and reporting
• Serve as the primary point of contact for employees regarding equity compensation plans by providing timely, high-quality customer service and education on equity-related matters
• Generate regular reports on stock plan activity, grants, exercises, vesting, and forfeitures for finance and legal teams
• Prepare and reconcile monthly and quarterly equity reports, including share activity, expense accruals, and outstanding balances
• Assist in maintaining accurate records of equity authorizations, share pools, and plan usage for internal and board reporting
• Assist with the valuation process for stock options
• Ensure compliance with tax, legal, and securities regulations across all jurisdictions where equity is granted
• Support process improvements, automation, and system enhancements to improve efficiency and accuracy of equity administration
• Perform other duties as assigned

• Bachelor’s Degree preferably with a concentration in Business, Finance, or Accounting (required)
• Minimum of 5 years of experience in stock plan administration or equity compensation (required)
• Experience working for a public company (preferred)
• Certified Equity Professional (CEP) designation – Level I or higher (preferred)
• Strong understanding of stock-based compensation accounting concepts and U.S. GAAP (ASC 718)
• Hands‑on experience with equity management platforms (required)
• Exceptional level of analytical and reconciliation skills
• Proven ability to collaborate cross‑functionally with finance, legal, tax, payroll, and human resources teams
• Strong level of discretion and confidentiality
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational skills and attention to detail
• Outstanding problem‑solving and…