Job Description

Are you passionate about delivering solutions to LPL's financial advisors?

Are you results-oriented, agile-minded, and can work in a team or independently? Do you like thinking outside the box, learning new skills and problem solving? If so, LPL Financial is the place for you!

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

Our Sr. Operations Specialist in Mutual Fund Corrections will be responsible for reconciling accounts, daily reports, and processing and validation of cash and securities transactions; additionally, while performing basic financial and/or regulatory functions, they will ensure compliance with all prescribed internal policies and regulatory practices. The ideal candidate has excellent data entry skills (both numeric and alpha), is accurate and timely, and will be expected to review client accounts, answer questions from internal and external clients, escalate items to management, and follow up on pending items in a timely manner. Additionally, the ideal candidate will be a team player, possess excellent time management skills, work well in a fast-paced environment, and have the ability to multitask with multiple operational processes and multiple data input platforms.

Responsibilities:
• Review accounts and perform reconciliations to ensure compliance with corporate and regulatory policies and procedures as well as reconcile suspense accounts and validate transactions.
• Actively work with Mutual Fund sponsors and 3rd party vendors to request, process, and follow up on trade corrections performed in client accounts.
• Be proactive and remain cognizant of deadlines and regulatory requirements.
• Effectively communicate with advisors, mutual fund sponsors, and other operational groups to resolve various account discrepancies.
• Actively participate in learning activities in a way that makes the most of the learning experience by applying the knowledge to daily responsibilities.
• Recognize issues, problems, or opportunities and determine whether action is needed
• Make connections & offer 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 creativity and continuous improvement.

Requirements:

• Bachelor's degree, preferably in Finance or related field
• Minimum 2 years' experience general brokerage industry knowledge
• Proficient with Microsoft Excel, Word, and Outlook

Core Competencies:

• The ability to work in a cross-functional team and multi-task in a fast paced deadline driven environment
• The ability to prioritize responsibilities to ensure deadlines provided by regulators and firm are followed and identify and manage firm risk
• Strong communication skills, both written and oral, and willingness to speak up, talk to advisors and stakeholders
• Strong analytical skills with demonstrated ability to evaluate business opportunities and evaluate results against established objectives

Preferences:

• SIE certification, S7 or S99 preferred
• Prior experience working with mutual funds
• Refinitiv/BETA experience
• 1-2 years of financial experience

Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation's leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We areone team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

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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 (800) 877-7210.