Director, Payroll & Equity

Description

The application window will close August 31, 2026

Job Location

The primary work location for this role is a remote work model within the U.S.

About Envestnet

Envestnet is an adaptive WealthTech company that is redefining the future of wealth management by helping advisors meet the moment with its comprehensive technology, actionable insights, and industry leading support. Backed by over 25 years of experience and approximately $7.0 trillion in platform assets, Envestnet is trusted by over one third of financial advisors across leading banks, wealth managers, brokerages, and RIAs.

For a deeper look at how Envestnet is shaping the future of financial advice, visit www.envestnet.com.

The Team You’ll Join

Reporting to the Head of Total Rewards & Payroll, you will join a high-impact, global team of compensation, benefits, payroll, and equity professionals. We operate in a highly collaborative, hybrid environment, partnering closely across People & Culture and the broader Envestnet organization to deliver strategic, business-aligned outcomes.

How You’ll Contribute

The Director, Payroll & Equity is responsible for the operational leadership, governance, and compliance oversight of the company’s global payroll and equity administration functions. This role ensures accurate, timely, and compliant payroll processing and equity administration across all applicable jurisdictions, including support for legacy public‑company equity vestings within a private company environment.

The Director partners closely with Finance, Legal, P&C Operations, and external vendors to maintain strong controls, regulatory compliance, and a consistent employee experience. This role balances hands‑on operational oversight with disciplined governance, risk management, and team leadership.

Global Payroll Operations & Governance

Oversee global payroll operations to ensure accurate, timely, and compliant payroll processing across all supported countries.

Establish and maintain payroll governance frameworks, controls, documentation, and approval standards to support audit readiness and risk management.

Monitor changes in payroll‑related legislation and ensure ongoing compliance in partnership with Finance and Legal.

Serve as the escalation point for complex payroll issues, discrepancies, and regulatory matters

Equity & Deferred Compensation Administration

Oversee administration of equity and deferred compensation programs, including legacy public‑company equity vestings.

Ensure accurate tracking, vesting, taxation, reporting, and reconciliation of equity awards.

Manage equity administration platforms and records (e.g., Carta, Fidelity), ensuring data integrity and alignment with payroll and finance systems.

Support equity‑related communications, reporting, and employee inquiries.

Compliance, Controls & Reporting

Ensure compliance with payroll tax, wage and hour, equity, and deferred compensation regulations across jurisdictions.

Oversee payroll‑ and equity‑related audits, filings, reconciliations, and internal controls, including SOX‑related requirements where applicable.

Provide regular reporting and insights to senior leadership on payroll accuracy, equity activity, risks, and trends.

Vendor & Systems Management

Manage relationships with payroll providers, equity administrators, and other external partners.

Partner with HRIS and Finance systems teams to ensure accurate integrations, data flows, and system configuration.

Support system enhancements, upgrades, automation, and process improvements related to payroll and equity administration.

Cross‑Functional Partnership

Partner closely with Finance, Legal, P&C Operations, and Total Rewards to ensure alignment of payroll and equity practices with company policies and governance standards.

Support executive compensation and Board‑related reporting as required.

Collaborate on year‑end activities, audits, and regulatory reporting.

Team Leadership & Development

Lead and develop payroll and equity administration team members across regions.

Set clear priorities, performance expectations, and operational standards.

Build team capability through coaching, documentation, process standardization, and knowledge sharing.

Ensure continuity, scalability, and strong execution during critical payroll and equity cycles.

Team Leadership & Development

Lead and develop payroll and equity administration team members across regions.

Set clear priorities, performance expectations, and operational standards.

Build team capability through coaching, documentation, process standardization, and knowledge sharing.

Ensure continuity, scalability, and strong execution during critical payroll and equity cycles.

What You’ll Need to Bring

8+ years of progressive payroll and equity experience

Bachelor’s degree in business administration, Finance, Human Resources, or related, or equivalent combination of relative experience and education

Progressive experience leading payroll operations and/or equity administration in a multi‑jurisdiction environment.

Strong working knowledge of payroll tax, wage and hour, equity, and deferred compensation compliance requirements.

Experience managing vendors, systems, and complex operational processes.

Demonstrated ability to lead teams and drive disciplined execution in a controls‑focused environment.

Nice-to-Haves

Experience supporting a private company with legacy public‑company equity programs.

Familiarity with equity administration platforms and payroll systems integrations.

Strong cross‑functional partnership skills with Finance, Legal, and P&C

Proven prior success with Workday system.

Why You’ll Enjoy Working at Envestnet

Help shape the future of WealthTech. At Envestnet you’ll gain hands-on experience and collaborate with some of the industry’s brightest minds to deliver meaningful, innovative solutions that make a real difference.

We value flexibility in how and where work gets done, and we recognize strong performance with meaningful rewards - because your contributions should drive both business success and your own personal growth. If you’re looking for a place where your work has impact, your development is supported, and your contributions are truly valued, Envestnet is where you can build your future.

The opportunity is now!

Sponsorship

This position is not open to candidates requiring visa sponsorship

Our Investment in You

This role offers a base salary range of $125,900 - $157,400. The range listed represents a good-faith estimate of base salary compensation for this position and does not include incentive compensation, equity or benefits. Individual pay will be determined based on factors including, but not limited to, relevant experience, skills, education, certifications, and geographic location, in accordance with applicable pay transparency laws. This role is eligible for an additional incentive component as part of the total rewards package.

We provide a comprehensive suite of benefits - subject to Envestnet’s plan eligibility rules - that support your overall well-being including, medical insurance, paid time off (PTO), 401k company match, paid parental leave, education reimbursement, disability coverage and mental health & wellness support. Our investment in you means supporting you professionally, financially, and personally at every stage of your journey with us. Please visit our benefits page on our career site to learn more.

Our Commitment to Inclusion & Belonging

We strive to provide an inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation, please contact us at careers@envestnet.com. Please include your full name, the title of the role you are applying for, and the accommodation necessary to assist you with the recruiting process.

Recruitment Fraud

At Envestnet, safeguarding the trust and safety of job seekers is a top priority. We are aware that scammers may impersonate Envestnet recruiters or create fake job opportunities to deceive candidates. Review the information on our recruitment fraud awareness page to help you recognize and avoid recruitment fraud.

#LI-MD1