Associate Analyst Client Compensation

Where Ambition Meets Innovation

As an Associate Client Compensation Consultant within our Client Compensation Processing Operations team, you will play a critical role in delivering expert solutions to middle and back-office operational inquiries and expediting advisor commission payments. You will have the opportunity to become a subject matter expert (SME) in the set-up of payout rules, products and sponsors, billing of fees and expenses, research and payout of advisor compensation, supporting financial advisors and ensuring accurate and timely payments.

In this role, you will be responsible for activities related to the management and administration of financial advisors' commissions payments which will include working with internal stakeholders and fund companies to resolve complex commission problems and processing commission payments. Being flexible and adaptable to competing priorities will be key success factors for this position.

Responsibilities:

• Develop expertise in Client Compensation Operations processing and procedures

• Initiate communication via outbound calls and emails to facilitate solutions for advisor payout and expenses

• Serve as dedicated liaison, taking ownership of Client Compensation escalations

• Process transactions with precision and accuracy, ensuring accurate and timely payments flow to financial advisors and their firms

• Own and supervise firm-wide, multi-department projects to build or enhance experience workflows related to the department

• Proactively review audit controls to mitigate risk, remove redundant requirements, and increase transparency with audit partners

• Regularly maintain VIP business partner, advisor, and stakeholder relationships to proactively assist with large-scale projects, updates, and inquiries

• Support teammates and the department on other compensation tasks and activities

• Plan and champion initiatives that enhance the advisor experience and positively impact the broader LPL organization

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 creativity and continuous improvement.

Requirements:

• Bachelor's Degree

• FINRA Securities Industries Essentials (SIE) Certification

• 3+ years of experience in operations roles within the financial services industry

• MS Office, with advanced Excel skills including formulas, macros and Pivot tables

• Working knowledge of process improvement methodology (Lean, Agile, Six Sigma) preferred

• Knowledge of Oracle (ComReg) functionality, BETA, Tumbleweed, and Salesforce preferred

Core Competencies:

• Customer-centric focus with a strong work ethic

• Excellent verbal and written communication skills

• Strong organizational and critical thinking skills

• Attention to detail with a problem-solving and process improvement mindset

• Ability to present complex information clearly and concisely

• Self-motivation, adaptability, and responsiveness to coaching and training

If you are a motivated individual who is excited about working with cutting-edge technology and making a difference in the financial services industry, we encourage you to apply for this role!

 

Pay Range:

$21.00-$34.96/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!
 

Company Overview:

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