Equity Administrator

Overview

Datavant is a data platform company and the world's leader in health data exchange. Our vision is that every healthcare decision is powered by the right data, at the right time, in the right format.

Our platform is powered by the largest, most diverse health data network in the U.S., enabling data to be secure, accessible and usable to inform better health decisions. Datavant is trusted by the world's leading life sciences companies, government agencies, and those who deliver and pay for care.

By joining Datavant today, you're stepping onto a high-performing, values-driven team. Together, we're rising to the challenge of tackling some of healthcare's most complex problems with technology-forward solutions. Datavanters bring a diversity of professional, educational and life experiences to realize our bold vision for healthcare.

Job Summary

The Equity Administrator will oversee the administration of and serve as the operational owner of the Company's various equity programs. This role will be responsible for the day-to-day administration, process integrity, adherence to compliance, and support across our equity lifecycle. This role requires deep technical knowledge of equity plans, particularly private equity capital structures, all equity and equity award types, cap tables and dilution. You will partner closely with the Finance, HR, Legal, and Payroll teams to ensure accurate administration and reporting of equity and equity compensation in order to deliver a seamless experience for equity holders and stakeholders.

Key Responsibilities

• Ensure timely and accurate processing of all equity transactions, including issuance of new equity grants, RSU releases, stock option exercises, and termination forfeitures.
• Identify and mitigate potential risks associated with equity administration.
• Manage the accurate administration of various equity plans, including stock options, RSUs, profits interests, restricted stock, and other equity instruments.
• Maintain accurate records of employee and other holders' equity holdings, including share balances, grants, and transactions.
• Partner with legal, tax and payroll teams to ensure compliance with relevant company policies, tax and legal regulations.
• Provide timely and accurate responses to shareholder and employee equity holder inquiries.
• Work closely with HR, payroll, legal, and finance to ensure seamless administration of equity plans.
• Conduct regular audits of equity grants, terminations, and share balances outstanding within Carta or similar platform.
• Serve as the "go-to" subject matter expert for employees, executives, and candidates on equity tier 1 and tier 2 questions, statements, and plan mechanics.
• Provide clear and timely support for employee transactions, including option exercises, tax implications, and grant education.
• Develop and maintain educational materials for new hire onboarding and executive grant briefings.
• Monitor equity program usage against plan limits; manage equity pool and dilution reporting.
• Implement equity administration process improvements, including automation, controls, and cross-training documentation.
• Ad hoc equity plan analysis

Qualifications

Compensation and Benefits

We are committed to building a diverse team of Datavanters who are all responsible for stewarding a high-performance culture in which all Datavanters belong and thrive. We are proud to be an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

At Datavant our total rewards strategy powers a high-growth, high-performance, health technology company that rewards our employees for transforming health care through creating industry-defining data logistics products and services. The range posted is for a given job title, which can include multiple levels. Individual rates for the same job title may differ based on their level, responsibilities, skills, and experience for a specific job. The estimated total cash compensation range for this role is : $157,000—$185,000 USD

To ensure the safety of patients and staff, many of our clients require post-offer health screenings and proof and / or completion of various vaccinations such as the flu shot, Tdap, COVID-19, etc. Any requests to be exempted from these requirements will be reviewed by Datavant Human Resources and determined on a case-by-case basis. Depending on the state in which you will be working, exemptions may be available on the basis of disability, medical contraindications to the vaccine or any of its components, pregnancy or pregnancy-related medical conditions, and / or religion.

This job is not eligible for employment sponsorship.

Equal Employment Opportunity

Datavant is committed to a work environment free from job discrimination. We are proud to be an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. We do not discriminate against applicants who inquire about pay or disclose their own pay. We also collect voluntary demographic information to help improve our recruitment process. Providing this information is optional and will not affect your application.

Additional Information

For more information about how we collect and use your data, please review our Privacy Policy. This job description is not a contract and Datavant reserves the right to modify the duties and responsibilities at any time. This job description is subject to change and other duties may be assigned.

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