Assoc Analyst, Corp Actions

Job Overview:

We are seeking a candidate who ideally has previous experience in the financial services industry, preferably with a background in dividends (mutual fund or equity), corporate action events, including voluntary/mandatory reorg events, proxy, and/or shareholder communications.  The Associate Analyst responsibilities may include monitoring corporate action events including analyzing and drafting terms for reorg announcements, processing of complex allocations, exception processing review and analysis, and account reconciliation.  They will handle inbound calls and team mailboxes to support inquiries from advisors, internal and external parties.  Strong interpersonal, organization, and communication skills (written and verbal) as well as the ability to develop internal and external relationships is needed to be effective in the role. The ideal candidate will have an innovative and creative mind to aide in the design, implementation and ongoing support of various projects

Responsibilities:

• Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure.
• Understand and interpret regulatory requirements and industry updates in an ever-changing regulatory environment, and the business needs of LPL, our advisors, and other departments.
• Responsible for daily quality control, exception review processing and reporting.
• Analyze and manage the firm’s DRIP program, ensuring compliance with industry guidelines.
• Reconcile suspense and clearance accounts, resolving breaks, and security and suspense transaction reviews adhering to established quality control measures and procedures.
• Analyze downgraded or new corporate action events, update or draft terms and key information to communicate with advisors for domestic and foreign securities.
• Effectively and confidently communicate with other internal departments as well as external 3rd parties including, but not limited to, contra brokers, transfer agents, issuers, vendors, and partners.
• Developing into a subject matter expert (SME) on operational policies and procedures. Assisting with the review, and update of Training Manuals and creation of new ones as needed.
• Handle inbound calls and the team mailbox, research and reply to inquiries from advisors and service team. Research and process service requests that are created by service teams.
• Support and contribute toward the successful execution of projects and initiatives that support LPL’s priorities. Participate in UAT.
• Other assignments as required by Management.

Requirements:

• 3 years plus of financial and/or brokerage industry experience, preferably in operations
• Proficient in Microsoft applications, particularly Excel and Outlook

Core Competencies:

• Excellent problem-solving skills, strong attention to detail, ability to analyze data, draw insights, and make data-driven decisions.
• Strong ability to multi-task various functions and assignments with competing priorities, changing demands, and tight deadlines.
• Effective and proactive communicator with strong written and verbal communication skills in dealing with advisors, internal and external parties, vendors, and different levels of management.
• Ability to execute strategies and track successful delivery.
• Positive attitude with a commitment to excellence and integrity.

Preferences:

• BA/BS (or equivalent work experience)
• FINRA SIE, 99 or 7 licenses preferred

 

Pay Range:

$20.23-$33.71/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) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

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.

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