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Esop Jobs (NOW HIRING)

PNC Bank

$80K - $200K/yr

ESOP experience strongly preferred Licenses: Corporate Finance SIE, 79 and 63 (7 optional/with manager approval) within 180 days of employment PNC is an in-office company that fosters a supportive ...

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$120.5K

How much do esop jobs pay per year?

As of Aug 23, 2026, the average yearly pay for esop in the United States is $81,984.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $100,500.00 per year, depending on experience, location, and employer.

What is an esop?

An ESOP (Employee Stock Ownership Plan) job refers to a role at a company that offers employee ownership through stock shares. Employees in ESOP companies often receive company stock as part of their benefits, which can grow in value over time. These roles exist across various industries and functions, with employees benefiting from potential financial gains linked to company performance. ESOPs are designed to enhance employee engagement, retention, and financial security.

What are the key skills and qualifications needed to thrive in the esop position, and why are they important?

An ESOP (Employee Stock Ownership Plan) Administrator or Specialist typically needs a strong background in finance, accounting, or human resources, along with an understanding of retirement plan regulations and compliance. Familiarity with ERISA regulations, specialized ESOP administration software, and related reporting tools is essential in this role. Attention to detail, strong organizational skills, and the ability to communicate complex concepts clearly are key soft skills that help specialists excel. These skills ensure the accurate and compliant management of ESOP plans, which is critical for supporting both employees and organizational objectives.

What are some common challenges faced by esop administrators, and how can they be addressed?

ESOP Administrators often encounter challenges related to complex regulatory requirements, meticulous recordkeeping, and effective communication with both employees and management. Staying current with changing federal regulations and ensuring timely, accurate valuation and allocation of shares can require careful attention to detail and continuous professional development. Additionally, providing clear explanations to participants about how the ESOP operates and its benefits is crucial for employee engagement. Many administrators find success by leveraging reliable ESOP software, attending ongoing training, and collaborating closely with legal, accounting, and HR teams. These approaches not only streamline operations but also foster greater trust and understanding among all stakeholders involved.

Is it good to work for an ESOP?

Working for a company with an Employee Stock Ownership Plan (ESOP) can provide employees with ownership benefits and potential financial gains if the company's value increases. However, the value of ESOPs depends on the company's performance and stock market conditions, so they should be considered as part of overall compensation and investment planning. It is important to understand the specific terms and vesting schedule of the ESOP plan.
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Esop jobs near you
Infographic showing various Esop job openings in the United States as of August 2026, with employment types broken down into 86% Full Time, 6% Part Time, 7% Contract, and 1% Nights. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $81,984 per year, or $39.4 per hour.

Director of Executive & ESOP Administration

Bank Forward

Fargo, ND • On-site

$95 - $125/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

We believe in the commitment to seek out and provide financial and insurance solutions for tomorrow, not just for today. In doing so, we help our customers, employees, and communities 'fast forward' to the goals they strive to achieve in life.

Benefits: Health (Traditional and High-Deductible plan options), Dental, Vision, Medical & Dependent Care FSA, HSA, 401k, Employee Stock Ownership, Company paid Life and Long-term Disability Insurance, Voluntary paid benefits, Paid Time Off, Holidays, Extended Medical Absence Leave.

Work Hours: Full-time, Monday through Friday, 8:00-5:00pm.

Skills / Requirements / Qualifications:

  • ESOP administration: Primary liaison to trustee/valuation firm/TPA; prepare valuation inputs; manage annual statements, distributions, diversification, and participant communications; maintain repurchase obligation model and cash-flow forecasts.

  • 401(k) plan oversight: Coordinate testing (ADP/ACP), audit filings, fee reviews; manage recordkeeper and advisor; ensure timely remittance and disclosures.

  • Stock plan administration: Oversee grants, vesting, exercises, tax withholding, and reconciliations; maintain equity plan records in platform.

  • Deferred compensation (409A) & BOLI: Support plan operations, elections, distributions, and compliance; coordinate with carriers/advisors; maintain policy and performance reviews.

  • Executive & Board reporting: Prepare executive summaries and committee/Board materials; attend key committees as requested; maintain control calendar and dashboards.

  • Participant communication: Draft and deliver clear, timely participant notices, FAQs, and education aligned to plan milestones.

  • Controls & compliance: Maintain auditable workpapers; coordinate with the Internal Auditor on plan audits; monitor regulatory developments and recommend plan updates.

  • Special projects: Execute executive requests (e.g., plan design analysis, benchmarking), improving quality, cycle time, and transparency.

  • Comply with applicable banking, insurance, tax, and investment laws and regulations.

  • Bachelor’s degree in business, accounting, finance; Master’s/MBA preferred.

  • Minimum of eight years’ experience in ESOP/retirement/equity plan administration with executive-level reporting, banking, or ESOP-intensive company preferred.

  • Active CPA license desired.

Equal Opportunity Employer

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