Director, Stock Operations

1 Month ago • 10 Years + • Operations • $310,000 PA - $830,000 PA

Job Summary

Job Description

Netflix seeks a Director of Global Stock Operations to lead its stock program team. Responsibilities encompass overseeing the administration of stock option programs (SOPs), including grants, exercises, payroll reporting, and settlements; managing NEO equity compensation plans (RSUs, PSUs); ensuring global compliance with equity-related regulations; designing efficient workflows and systems; leading employee education programs; partnering with cross-functional teams; overseeing 10b5-1 trading programs and Section 16 officer support; and managing third-party relationships. The ideal candidate possesses extensive global equity administration experience, strong leadership skills, and a deep understanding of US GAAP, IRC Section 409A, and equity valuation models. Experience with Workday, Etrade, and Equity Edge Online is desired.
Must have:
  • 10+ years in global equity administration
  • US GAAP, IRC 409A, equity valuation knowledge
  • Global equity compliance expertise
  • Team leadership and management skills
  • Workday, Etrade, Equity Edge Online experience
Good to have:
  • Certified Equity Professional accreditation
Perks:
  • Comprehensive benefits (Health Plans, Mental Health support, 401k, Stock Options, Disability Programs, etc.)
  • Paid Time Off (flexible for salaried employees)
  • Annual Salary (with stock option choices)

Job Details

Netflix is one of the world's leading entertainment services, with 283 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.

We are looking for a Director of Global Stock Operations to lead the team supporting the design, implementation, and day-to-day operations of Netflix’s stock programs.  The ideal candidate not only has a strong global equity administration and compliance background but is also someone who is able to adapt their extensive experiences to Netflix’s unique approaches to equity compensation and our culture.

The Responsibilities:

  • Lead and coach the global Stock Operations team to continue to meet the evolving needs of Netflix and our increasingly diverse workforce.

  • Oversee the administration of the Netflix Stock Option Program (SOP) including grants, exercises, facilitating accurate and timely payroll reporting/withholding, and settlements of stock, working closely with internal and external partners such as accounting, payroll, legal counsel, brokerage firms, transfer agents, and our employees.

  • Oversee the administration of Netflix’s NEO equity compensation plans, including the full life cycles of RSU and PSU awards.

  • Ensure compliance with equity-related regulatory requirements, such as tax withholding and reporting, data privacy, and securities and labor law, across Netflix entities worldwide.  

  • Understand, maintain documentation, and operationalize the tax and reporting requirements related to non-US stock grants and exercises including international and domestic transfers, short-term assignments, business travelers, and remote workers. 

  • Manage and design workflows and systems that maximize efficiencies in stock operations, ensure data integrity, and streamline reporting, which is necessary for compliance and business decision-making.   

  • Own all elements of the employee education program around our equity programs, including annual enrollment and new hire onboarding.

  • Partner with cross-functional teams, including Employment Tax, Payroll, Finance & Accounting, Compensation, Global Mobility, Talent Analytics, Employee Technology, Legal, Treasury, and Employee Services, with a proactive focus on ensuring critical stock program requirements are considered early and often throughout cross-functional initiatives. 

  • Oversee the 10b5-1 Trading Program(s) and serve as a focal point between the participants, brokers, and Legal to ensure final execution and compliance. 

  • Serve as the primary point of contact for Section 16 officers and directors to support SEC reporting and compliance, including Edgar Next onboarding and the filing of Forms 3, 4, and 5.  

  • Provide subject matter expertise input to Netflix's continued evolution of equity programs as we grow as a company. 

  • Responsible for SOX controls, narrative, and Bi-annual walkthroughs to ensure accurate and timely processing of equity awards.

  • Own our 3rd party advisor/vendor relationships, including law firms and brokers.

Desired skills and background:

  • 10+ years of relevant experience in global equity administration with a variety of equity program types, with proven team leadership experience.

  • Working understanding of US GAAP accounting principles, IRC section 409A, and equity valuation models.

  • Strong knowledge of domestic and international equity legal and tax compliance and reporting requirements.

  • Able to function in a fast-paced environment, manage competing priorities, and navigate areas of uncertainty.

  • Able to work independently, and effectively manage people and processes. 

  • Customer-focused mindset, with an adaptable working style to build strong and trusted relationships at every level of the company up to C-suite and Board of Directors. 

  • Experience with Workday, Etrade, and Equity Edge Online.

  • Certified Equity Professional accreditation is preferred.

To be successful:

  • You are passionate about providing extraordinary employee experiences.

  • You will have a deep curiosity, a passion for technology to support efficiency and scale, and the ability to manage highly impactful projects.

  • You love motivating teams by empowering them and providing context/feedback. You are also open to feedback to help you adapt to the unique Netflix culture and our approach to equity programs. This role won’t be a plug-and-play version of a similar role at other companies.  

  • You take pride in creating simple and scalable administrative solutions.

  • You are data-driven, analytical, and quick to learn.

  • You have exceptional written and verbal communication skills and can adapt your communications clearly to the intended recipient.

  • You can work with ambiguous requirements, which doesn’t prevent you from achieving the best outcomes.

  • You can challenge the team on technical decisions and architecture.

  • You rapidly and eagerly identify gaps in processes and construct long-term solutions while minimizing complexity. 

Our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $310,000 - $830,000.

Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs.  Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more detail about our Benefits .

is a Netflix value and we strive to host a meaningful interview experience for all candidates. If you want an accommodation/adjustment for a disability or any other reason during the hiring process, please send a request to your recruiting partner.

We are an equal-opportunity employer and celebrate diversity, recognizing that diversity builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.

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