LPL Financial
Associate Analyst, Corporate Actions
LPL Financial, Fort Mill, South Carolina, United States, 29715
Associate Analyst
At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. 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 may include: 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: $23.98-$39.96/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. LPL Financial Holdings Inc. 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.
At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. 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 may include: 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: $23.98-$39.96/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. LPL Financial Holdings Inc. 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.