Sr Workplace Benefits Product Manager - Equity Compensation Financial Reporting

Bank of America

Boston (MA)

On-site

USD 140,000 - 190,000

Full time

14 days+

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Job summary

Bank of America seeks a Senior Product Manager for Equity Plan Services to lead product strategy and delivery for equity-based compensation reporting and compliance. The role requires deep domain expertise in ASC 718, partnering with engineering and client teams to build scalable solutions that support regulatory requirements and client growth.

You will own the product roadmap, translate complex rules into features, and drive cross-functional delivery with emphasis on accuracy, reporting, and

Qualifications

Experience in product management within financial services or enterprise applications.
Hands-on experience with equity compensation accounting systems.
Experience delivering product features end-to-end with engineering teams.
Experience working directly with clients to drive product-driven growth.

Responsibilities

Serve as SME on ASC 718 and related accounting standards; translate regulations into scalable product functionality.
Understand system calculations and dependencies for equity-based accounting.
Identify opportunities to enhance product capabilities and automate processes.
Collaborate with stakeholders to incorporate regulatory changes into the roadmap.
Coordinate with engineering, QA, operations, and client service for product success.
Lead product development from concept through release; define requirements and acceptance criteria.
Prioritize backlog to deliver high-impact capabilities.
Ensure accuracy of financial models and calculations through testing oversight.
Act as product authority in client engagements and discussions.

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

Education

Bachelor's degree in Accounting, Finance, or similar discipline

CPA or CEP a plus

Job description

Senior Product Manager – Equity Plan Services

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

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
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
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