LyondellBasell is a leader in the global chemical industry creating solutions for everyday sustainable living. With a nearly 70-year legacy that includes a Nobel Prize in Chemistry and our proprietary MoReTec recycling technology, LYB is enabling a more sustainable future for generations to come. LYB develops high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. LYB places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. We're addressing the global challenges of ending plastic waste, taking climate action, and supporting a thriving society, while generating value for our customers, investors, and society.
The Executive Services team has a global role in attracting and retaining the employees that are the leaders and innovators of today and tomorrow. The purpose of this position is to provide support to Executive services team for stock plan administration and executive compensation by:
• Supporting the day-to-day operations of the Executive Services function, including stock plan administration and other related activities as needed
• Assisting with the administration of executive services programs, including annual and long-term incentive programs, ESPP, executive salary surveys and related initiatives
Administer and coordinate executive services programs including RSU, Stock Options, and Performance Share programs for applicable events including new hires, terminations, retirements, annual deferral elections, dividend equivalent payments, and incentive plan payments
Administrate the global Employee Stock Purchase Program (ESPP) activities for enrollment, purchases and reporting
Perform monthly, quarterly, and annual reconciliation to review accuracy of equity and transaction data
Prepare and maintain procedural documents for all stock plan administration processes
Support the up keep of accurate equity compensation reporting for SOX Compliance and other internal and external reporting; assist in preparation of any SEC filings
Support process improvement and automation opportunities
Support the communication of new executive compensation plans and changes to existing plans by preparing announcement materials, booklets, and other media
Counsel employees and colleagues regarding equity and executive compensation issues
Respond to questions and requests in a timely and professional manner
Participates on special projects or other activities as requested.
Bachelor’s Degree (preferred majors in finance, accounting, economics, human resources or related degrees)
Minimum three years of progressive experience in the field of executive compensation or in a related professional services field such as finance, accounting, tax
Proficiency to advanced proficiency in Microsoft Excel, PowerPoint and Word
Strong oral and written communication, planning and organizational skills with a critical focus on the ability to convey complex matters in plain English
Monitoring issues and resolution coordination, activity prioritization, etc.
Excellent interpersonal skills, a collaborative style, the ability to communicate effectively at all levels and exceptional attention to detail
Stock Plan Administration experience
Prior SAP experience
Success Factors experience
Build PartnershipsDrive InnovationGrow CapabilitiesPromote InclusionMotivational FitTechnical SkillsDeliver Results
Learn more about our benefits Benefits/Health & Welfare | LyondellBasell
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We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com.
