Coastal Community Bank - Equity and Compensation Manager
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Requirements
• Bachelor’s degree in Human Resources, Business, Finance, or a related field required. • 5–8+ years of progressive experience in compensation, equity compensation, or related analytical roles. • Strong expertise in compensation design, market pricing, job evaluation, and incentive programs. • Demonstrated experience with equity compensation programs and ASC 718 stock-based compensation accounting. • Experience supporting or leading compensation cycles in a mid-to-large organization. • Financial services industry experience preferred. • Advanced analytical and Excel skills (e.g., modeling, pivot tables, large datasets). • Strong project management and process improvement experience. • Proficiency with HRIS, compensation, and equity administration systems. • Strong understanding of compensation-related legislation, governance, and employee compensation taxes. • Ability to translate complex data and technical concepts into clear, actionable insights. • Strong communication, influencing, and relationship-building skills. • High degree of discretion and ability to handle sensitive and confidential information. • CCP (Certified Compensation Professional) or similar certification preferred. • Familiarity with automation, analytics, or AI-enabled tools a plus. • Strong communication and influencing skills with the ability to advise and challenge stakeholders. • High level of discretion and ability to handle sensitive and confidential information. • Analytical mindset with the ability to translate complex data into actionable insights. • Ability to operate both strategically and tactically in a dynamic environment. • Strong relationship-building skills across all levels of the organization. • Bachelor’s degree in Human Resources, Business, Finance, or related field preferred. • 5–8+ years of progressive experience in compensation or related analytical roles. • Strong expertise in compensation design, job evaluation, market pricing, and incentive programs. • Advanced Excel skills (e.g., pivot tables, lookups, modeling, large data sets). • Proficiency with HRIS and compensation systems. • Strong understanding of compensation-related legislation and compliance requirements. • Experience with equity compensation and/or financial services industry. • CCP (Certified Compensation Professional) or similar certification. • Knowledge with ASC 718 – Compensation—Stock Compensation • Knowledge of employee compensation taxes • Familiarity with automation or AI tools. • HOW YOU’LL THRIVE AT COASTAL • Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development. • Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference. • Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust. • Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box. • Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder. • Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence. • BEING YOU AT COASTAL
Benefits
• Design, administer, and govern equity compensation programs, including RSUs, PSUs, and other equity-based incentives, in alignment with total rewards philosophy and business objectives. • Oversee annual and off-cycle equity grant processes, including eligibility, calculations, approvals, vesting schedules, and participant communications. • Serve as the primary subject matter expert and point of contact for all equity compensation-related questions across the organization. • Partner with Finance, Accounting, Legal, Payroll, external administrators, brokers, and valuation specialists to ensure accurate and compliant equity administration. • Own end-to-end ASC 718 stock-based compensation accounting, including grant-date fair value assumptions, expense recognition, forfeiture methodology, probability assessments, and modifications. • Prepare and maintain ASC 718 documentation, memos, reconciliations, forecasts, and audit support. • Support equity-related disclosures and reporting, including Forms 10-K, 10-Q, Proxy (DEF 14A), registration statements, EPS calculations, Form 3/4/5, Form 144, Forms 3921/3922, and 1099-NEC. • Perform quarterly and annual equity reconciliations across stock administration systems, payroll, general ledger, and transfer agent. • Design, document, and maintain SOX-aligned internal controls over equity grants, accounting, and settlements. • Compensation Program Design & Management • Design, implement, and maintain compensation programs including base pay structures, salary bands, job architecture, and incentive plans. • Lead annual and off-cycle compensation cycles, including merit increases, promotions, and bonus programs. • Develop and maintain job evaluation and leveling frameworks to support fair, consistent, and defensible pay decisions. • Conduct market pricing, benchmarking, and salary surveys to inform program design and pay positioning. • Governance, Strategy & Operations • Ensure compensation and equity programs comply with applicable employment laws, tax requirements, accounting standards, and corporate governance practices. • Conduct pay equity analyses and support regulatory and compliance reporting where applicable. • Partner with senior leadership and Finance to align compensation programs with business strategy, workforce planning, and budget. • Provide consultative guidance to leaders on compensation decisions, including offers, promotions, retention strategies, and pay actions. • Ensure compensation programs support attraction, motivation, and retention of top talent while maintaining internal equity and market competitiveness. • Manage integrations between HRIS, payroll, equity administration, finance, broker, and financial reporting systems. • Identify and implement process improvements that reduce risk, enhance controls, and support evolving compensation and equity strategies, including market trends. • Prepare executive and leadership reporting, including pay analysis, dilution modeling, equity usage trends, and program effectiveness insights. • Support special projects and evolving business needs in a dynamic environment. • We’re proud to offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance. Our offerings include: • Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle. • Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions. • Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs. • Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly. • Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents. • Long-Term /Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury. • Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most. • 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future. • Paid Time Off: Generous vacation and sick leave policies to support your time away from work. • Holidays: Enjoy 11 paid holidays throughout the year. • Check out our benefits on our careers site https://jobs.ashbyhq.com/coastal!! • PHYSICAL DEMANDS • The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. • While performing the duties of this job, the employee must be able to: • Sit for extended periods of time. • Stand for extended periods of time. • Perform repetitive finger, hand, and arm movement. • Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc. • View and read computer screens for extended periods. • Occasionally stoop, kneel, crouch, or crawl. • Occasionally lift or move up to 10 pounds.
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