Head of Equity Compensation, Bolt
+ Stock Options
2+ days a week in office
Building the future of transportation
Be an early applicant
Building the future of transportation
1001+ employees
Be an early applicant
+ Stock Options
2+ days a week in office
1001+ employees
Company mission
Bolt believes in a future with less car ownership and flexible urban mobility. By bringing reliable on-demand transport to the masses, they’re helping cities evolve towards decreased traffic congestion and pollution
Role
Who you are
- In-depth knowledge of equity compensation vehicles, including their design, tax implications, and regulatory requirements
- Experience with compliance in listed companies, with a deep understanding of public market regulations and governance requirements, including experience working with RemCo
- Strong analytical and financial skills, with the ability to manage and interpret complex data and provide actionable insights
- Exceptional communication skills, capable of educating and influencing employees and executives on equity compensation matters
- Demonstrated ability to work collaboratively across functions, leading projects and initiatives that involve multiple stakeholders, as well as experience in managing and developing a high-performing team, with a focus on strategic and operational excellence
- Familiarity with equity management platforms and experience in overseeing transitions between systems is a plus
- Experience is great, but what we really look for is drive, intelligence, and integrity
What the job involves
- We are looking for a Head of Equity Compensation to work closely with the business leaders and People team, and be a trusted advisor on all equity-related matters
- The Head of Equity Compensation is responsible for managing and administering equity-based compensation programs, ensuring they are competitive, compliant, and contribute to the company's goals of employee retention and motivation, especially critical in a pre-IPO phase
- Design and Execution: Lead the design, implementation, and management of all equity compensation programs, including stock options, vSOPs, and other equity vehicles, ensuring alignment with company objectives and market competitiveness. Also, develop and deliver robust reporting and analytics on equity compensation metrics, ensuring data integrity, accuracy, and insightful analysis to support business decisions, retention strategies, and financial forecasting
- Equity Administration: Oversee the entire equity grant lifecycle—from issuance to vesting, exercise, and eventual settlement—ensuring precise execution and alignment with the company’s strategic goals
- Compliance and Regulatory Oversight: Collaborate with Legal, Finance, Tax, and Investor Relations teams to ensure equity programs comply with all relevant regulatory requirements, including SEC, IRS, and global statutory obligations. Regularly update the Remuneration Committee (RemCo) on compliance and strategic issues
- Cross-Functional Leadership: Drive cross-functional initiatives by leading partnerships with key stakeholders, including Finance, Investor Relations, People Partners, and senior executives, to integrate equity programs into broader compensation and business strategies. Also, manage and mentor a team responsible for both strategic planning and operational execution of equity compensation, ensuring alignment with organizational goals and fostering professional growth within the team
- Platform Transition: Lead the transition from Carta to the selected new equity management platform, ensuring minimal disruption and alignment with future IPO readiness requirements
- Employee Education and Communication: Design and implement educational initiatives to enhance employee understanding and appreciation of equity compensation, including training sessions, communication materials, and one-on-one guidance
Salary benchmarks
Our take
Bolt is another company in the competitive ride-sharing market that's trying to take market share away from Uber in London and Europe more broadly. They operate in 100 cities and have over 25 million customers
Their strategy is to focus on markets where Uber used to have a monopoly and then they come in with a better offering for drivers
Bolt has the ability to grow aggressively for now as they're well financed. They face a similar to challenge to Uber in that no company in this space has established a profitable business model that isn't propped up by investors with deep pockets. Creating a sustainable model that's better for drivers than Uber is the way Bolt can win
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
37% female employees
26% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jan 2022
$691.8m
SERIES F
Aug 2021
$660.9m
LATE VC
Total funding: $1.9bn
Company benefits
- Work from home opportunities
Company values
- Fearless - We solve complex challenges on a daily basis. It requires a team of fast-movers to push things forward and get the job done. We value passion over experience, mistakes over not trying
- Smart - We hire the smartest people - those who know that they don’t know everything. We make data-driven decisions and apply our learnings fast. It's about the impact, not the effort
- Responsible - With scale comes responsibility. We value the trust given to us by millions of people and do our best to make urban transportation reliable and available for everyone
Company HQ
Veerenni, Tallinn, Harju County
Articles
Leadership
Markus Villig
(CEO)Markus left his Computer Science degree to start Bolt (then Taxify) aged 19
People progressing
Joined as a Customer Support Specialist in Estonia. Moved to London after 3 years
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