Where Ambition Meets Innovation
Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.
The Alternative Investment Operations team is comprised of recon, transfers (incoming, outgoing and internal), conversions and dividends/corporate actions. We are seeking a candidate who has previous operational knowledge, specifically in Alternatives. The ideal candidate will need to aide in the design, implementation and ongoing support of various projects. Have an understanding of data analysis, project management, and reporting tools and technology in general to effectively analyze business requirements, track project status, and translate business/regulatory needs into technical requirements. The candidate will also need strong interpersonal, organization and communication skills (written and verbal) to be effective in the role.
Responsibilities:
Analytical skills to review exceptions and perform reconciliation to ensure compliance with corporate and regulatory policies and procedures. Reconcile, process, and validation reports on a daily basis.
Provide regulatory and risk oversight on processes and guidance for complex issues that arise in daily tasks.
Develop risk-based mitigation approaches that may yield changes to functions, and departmental requirements.
Understand and Interpret rule modifications in an everchanging regulatory environment, and understand the business needs of LPL, our advisors, and other departments
Risk Management- responsible for daily corporate action reconciliations, managing error rates, exception review processing and daily reporting. Other duties could also include policy and procedures reviews and presentations to the staff.
Technology and Systems Management – Participate and implement departmental projects as well as coordinating and performing User Acceptance Testing.
Partner with other operational groups to ensure consistency and understanding for downstream/upstream effect.
Review processes and procedures to identify areas of improvement to mitigate risk, increase efficiency and ensure consistency to Advisors and Clients.
Recognizes issues, problems, or opportunities and determines whether action is needed. Seeks the perspective of others and re-examines assumptions to creatively solve problems and generate solutions.
Support and contribute toward the successful execution of projects and initiatives that support LPL’s priorities. Participate in UAT and scripts writing.
Makes connections & offers creative recommendations on how to solve business challenges.
What are we looking for?
We want strong collaborators who can deliver a world-class client experience We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativityand continuous improvement
Requirements:
3-5 years or industry experience (preferablyAlternative Investments) in Operations, Compliance or Risk Management
All Microsoft applications, particularly, VISIO, WORD, ACCESS, PowerPoint and Excel (VBA)
Core Competencies:
Ability to work independently in a fast-paced environment with multiple priorities
Ability to work with and communicate effectively to various levels throughout the organization.
Ability to learn multiple aspects of the Financial Services industry and understand how it all connects
Excellent verbal and written communication skills
Time management and organizational skills
Preferences:
Series 7 preferred
Bachelor’s degree in accounting, Finance, or Economics from an accredited University or College or equivalent industry experience
SQL
Pay Range:
$27.83-$46.35/hour
Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.
For further information about LPL, please visit www.lpl.com
Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.
Information on Interviews:
LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.
EAC 5.19.26
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.
