Senior Equity Administrator Lead

Redesign Health · Remote

Company

Redesign Health

Location

Remote

Type

Full Time

Job Description

Redesign Health has recently become aware of the fraudulent use of our name on job postings and via recruiting emails that are illegitimate and not in any way associated with us. Redesign Health will never ask you to provide sensitive personal information as part of the recruiting process, such as your social security number; send you any unsolicited job offers or employment contracts; require any fees, payments or access to any financial accounts; and/or conduct text-only interviews.  If you suspect you are being scammed or have been scammed online, you may report the crime to the Federal Bureau of Investigation and obtain more information regarding online scams at the Federal Trade Commission. If you have any questions regarding the authenticity of any communication sent purportedly by on or behalf of Redesign Health, we encourage you to contact us here.

Redesign Health is a proud Equal Opportunity Employer – we recruit, train, compensate and promote our team members based on qualifications. We know how important it is not only to include, but to actively seek out a diversity of opinions and voices.

We want to hear from you regardless of your race, religion, national origin, sex, gender identity, sexual orientation, disability, age, veteran status, or any other applicable legally protected characteristics.

Redesign Health is a company that powers innovation in healthcare. We develop technologies, tools, and insights that lower the barriers to change in healthcare, and provide a platform that enables founders and the broader healthcare ecosystem to build high-quality health solutions at scale.  We have powered the launch of over 30 companies to-date including Lively, Ever/Body, Calibrate, Vault Health, Springtide, HealthQuarters, Proper, Anomaly, Jasper, MedArrive, Intrinsic, UpLift, Kins, Keen, Overalls, and stealth ventures in health equity, kidney care, women’s health, complementary medicine, and many more.  We’re on a mission to redesign health for everyone.

About the Job: As our Senior Equity Administrator Lead, you will be the internal subject matter expert on all things equity administration and you will design, execute and optimize the end-to-end equity administration process for both Redesign Health and its early stage operating companies.  You will report to and work with our Employment Counsel Lead. 

What you’ll do

  • Own Equity Administration for Redesign Health and its Operating Companies
    • For Redesign Health, process all new equity awards, option exercises, terminations, cancellations, repurchases and modifications for Redesign Health
    • For operating companies, process equity awards, including board resolutions, filing certificates of amendment increasing share reserves, populating grant documentation, sending grants out for signature, and tracking 83(b) elections
    • Provide monthly, quarterly and custom reports on equity activity, including share availability for awards, projection for option pool needs and ad hoc analysis based on other complex equity transactions 
    • Manage securities law obligations, including rule 701 tracking and making applicable blue sky filings
    • Support migration of operating company cap tables into Carta, working with company law firms and internal Legal and FP&A teams to ensure completion and accuracy.
    • Lead efforts to grow and scale the equity administration function, including enhancing existing manual processes and evaluating external vendors and service providers
  • Partner with Cross Functional teams within Redesign Health and it’s Operating Companies to drive strategy and support initiatives
    • Provide strategic advice to Redesign and early stage operating companies on strategic equity administration decisions, including tax and compliance
    • Partner with Strategy & Finance to manage the 409A process for Redesign and its operating companies, provide audit support for all equity transactions and stock-based compensation calculations, ensure internal controls and procedures are operating efficiently, audit Redesign Health and operating company cap tables on a regular basis, prepare annual reporting forms required by the IRS (e.g., Form 3921)
    • Partner with People Experience to develop comprehensive employee communications strategies around equity

What you’ll need

  • You hold a Bachelor’s Degree 
  • You have 6+ years of experience working in a similar function at a Big 4, management consulting firm, venture capital firm, private equity firm, financial services institution, or fast-growing startup

What you’ll bring to the table

  • You have experience working with various forms of equity awards at private companies, including restricted stock, incentive stock options, nonqualified stock options and restricted stock units
  • You have experience managing complex cap tables (including common and preferred equity, SAFEs, convertible notes, options and warrants) that require thinking outside the box 
  • You have experience administering equity agreements, legal filings, and familiarity with the 409A process
  • You have working knowledge of Carta or other cap table management software

Who you are

  • Plans and Aligns: You set objectives to align with broader organizational goals, and know how to break goals down into appropriate initiatives and actions with relevant milestones and schedules.
  • Collaborates: You work cooperatively with others across the organization to achieve shared objectives, partnering with others to get work done and crediting others for their contributions and accomplishments.
  • Optimizes Work Processes: You are aware of the most effective and efficient processes to get things done, and are focused on continuous improvement.
  • Manages Complexity: You ask the right questions to accurately analyze situations and uncover root causes to difficult issues. Through acquiring data from multiple and diverse sources, you are able to make sense of complex, high-quantity, and sometimes contradictory information to solve problems. 

You will work out of one of the following locations:

  • In-office: New York, NY
  • Remote: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Additional Information

Full-time base salary range of $114,000-152,000 plus a competitive equity & benefits package listed under the "Why work with us?" section. 

What Redesign is all about

Redesign’s mission is to elevate healthcare companies that empower people to live their healthiest lives. To give a sense of what our team is all about, these are the values that guide our work:

  • Redesign healthcare - We bring positive change to patients’ lives
  • Own the outcome - We do the work to get the job done
  • Be trusted partners - We strive to be the teammates and co-founders of choice
  • Champion diverse perspectives - We work to unlock our joint potential
  • Practice kindness - We aim to build bridges, not walls
  • Learn continuously - We focus on constantly growing as individuals and as a team
Why work with us?

We care deeply about your well-being. And we’ve tailored our unique benefits around your wellness. Check out our full range of benefits here, and a few of our highlighted benefits below:

  • Benefits for your physical wellness:
    • Full medical, dental, and vision coverage with no monthly contribution for you and your dependents (for all of our plans!)
    • Quarterly in-home house cleaning
    • $50 a month wellness stipend
  • Benefits for your financial wellness:
    • 401K match
    • Student loan repayment contribution
    • Tax preparation services
  • Benefits for your mental wellness:
    • Unlimited PTO
    • An annual 2-week company-wide winter break
    • 2 months sabbatical after 4 years
    • Reimbursements to Spotify & Headspace
  • Benefits for the wellness of parents:
    • 16 week full paid parental leave
    • Maven Clinic access with $10k lifetime contributions to fertility & adoption services
    • Diaper subscription service & summer camp reimbursement program
Apply Now

Date Posted

02/01/2023

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