Senior Analyst, Advisor Compensation

Are you a team player? Are you curious to learn? Are you interested in working on meaningful projects? Are you interested in being part of a team that is working to transform and do things differently? 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 22,000 financial advisors, 1,100 institution-based investment programs, and 500 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

The Senior Analyst, Advisor Compensation is a member of an innovative, action-oriented team within the Field Management organization that oversees incentive compensation programs for multiple employee advisor affiliation models. The individual in this role is primarily responsible for administering incentive compensation plans and providing support to employee advisors and internal business partners. Additionally, this individual will play a key role in the onboarding and training of advisors and will participate in special projects and initiatives. The ideal candidate for the Senior Analyst position has outstanding analytical and problem-solving skills, makes data-driven decisions, and is passionate about delivering exceptional service and support.

Responsibilities

• Accurately calculate and distribute monthly incentive compensation payments to plan participants, advisors and support staff.

• Configure and maintain compensation plans, user information and hierarchy structures in the incentive compensation management tool.

• Provide end-to-end ownership of advisor inquiries by collaborating with internal partners to deliver prompt and effective solutions.

• Collect, analyze, and interpret financial data to complete complex research requests and make informed decisions and recommendations.

• Consult advisors and internal business partners on best practices, policies, and procedures related to incentive compensation.

• Conduct impactful training sessions and presentations to educate prospects, advisors and support staff on incentive compensation programs and resources.

• Maintain and enhance internal processes and controls while identifying existing and emerging risks that stem from business activities.

• Participate in special projects and initiatives (i.e., plan renewals, system enhancements, etc.) and identify opportunities for improvements.

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 demanding environment, are client-focused, team-oriented and can execute in a way that encourages creativity and continuous improvement.

Requirements:

• 5+ years of professional business experience, preferably in financial services, compensation, or payroll

• 3+ years of service-oriented experience, providing advisor or other client-facing support

• Advanced experience with Microsoft Excel (VLOOKUP, Pivot Tables, Formulas)

Core Competencies:

• Excellent verbal and written communication skills, with the ability to professionally navigate through difficult conversations

• Effective time management, able to oversee daily responsibilities, escalations, and projects concurrently

• Proactive self-starter who thrives in autonomous roles within a geographically dispersed team

• Strong attention to detail, capable of consistently producing high quality, on-time deliverables

Preferences:

• Experience with Varicent, Smartsheet, Workday and/or Salesforce (or similar ICM, workforce and/or CRM tools)

• Skilled at developing and creating resources and tools for training and presentations

• Bachelor’s degree or equivalent work experience

• Financial services, finance analyst, Sales compensation, incentive compensation, or payroll experience

#LI-PA

Pay Range:

$80,100.00 - $133,500.00

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!

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 are one 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 (855) 575-6947.