Deputy Manager ESOP Administration

Job description

Role & responsibilities

ESOP Allocation & Transactions :

Manage ESOP grants and vesting process and documentation. Manage the ESOP exercise process, including the issuance of options, handling transactions, and documentation. Work closely with internal teams to ensure smooth implementation of stock option transactions. Prepare and maintain accurate reports related to ESOP vesting, exercise, and forfeiture.

ESOP Trust Management :

Help overseas employees in documentation for PAN issuance Help and liaise with Broker for opening of demat account for overseas employees Prepare documentation for overseas employees at the time of exercise

ESOP Trust Management :  Administer and manage all activities related to the ESOP trust, including fund management and allocation of shares. Monitor and track ESOP-related transactions and maintain accurate records.

Employee Communication & Support :  Serve as the point of contact for employees with questions regarding the ESOP program, including overseas employees. Organize training sessions and workshops for employees to enhance their understanding of the ESOP process. Maintain documentation and FAQs on the companys ESOP platforms for easy access by employees.

Liaison with Secretarial Team :  Collaborate with the secretarial and legal team to ensure all regulatory and legal aspects of ESOP administration are met. Coordinate with the company secretary on share-related matters and required filings.

Compliance and Reporting :  Ensure adherence to all statutory requirements, including periodic filings and reporting with government agencies.

Record Keeping :  Maintain accurate and up-to-date records of all ESOP transactions, including stock option grants, exercises, and forfeitures. Ensure that the ESOP registry and employee stock certificates are maintained.

Preferred candidate profile

• At least 2 years of experience in ESOP administration or related fields, preferably in a corporate environment.
• Experience working with ESOPs in a publicly listed company.
• Prior experience in a liaison role between legal, finance, HR, compliance

Skills Required

trust management, Support