LPL Financial
Senior Analyst - Fraud Operations Strategy and Program Management
LPL Financial, Fort Mill, South Carolina, United States, 29715
Senior Analyst - Fraud Operations Strategy and Program Management
Join to apply for the
Senior Analyst - Fraud Operations Strategy and Program Management
role at
LPL Financial
At LPL, we are dedicated to safeguarding our clients and advisors through proactive fraud risk management. As Senior Analyst, Fraud Operations Strategy and Program Management, you will report to the Manager Fraud Operations Strategy and play a key role in developing, executing and continuously improving fraud prevention and detection strategies across LPL’s platforms. This position involves collaboration with cross‑functional teams to mitigate fraud risks, enhance program efficiency, and ensure compliance with industry standards and regulatory requirements. You will assist in developing recurring metric dashboards, presentations, risk assessments, and the ongoing training and development of fraud communications and alerts and will assist the team or other business units on project work, partner with second line, technology, and information security groups, to review regulatory changes assessing impacts to LPL Financial as it relates to money movement and fraud.
Key Responsibilities
Responsible for end‑to‑end development of fraud data models, monitoring fraud trends, analysing KPIs, and recommending improvements based on data insights.
Develop and implement comprehensive fraud prevention and detection strategies aligned with organisational goals and lead cross‑departmental initiatives to embed these capabilities into products and services.
Monitor existing fraud detection models for performance, false positives and risk exposure, suggesting iterative refinements as needed.
Provide strategic insights and actionable recommendations to leadership by evaluating fraud metrics, customer behaviour and operational gaps, and track the impact of fraud strategy changes on business performance, measuring ROI and recommending adjustments.
Build predictive models and develop logic for automation and scoring of high‑risk behaviour across multiple fraud typologies.
Interface with Technology, Information Security, product teams and other fraud‑related groups to align model deployment and systematic fraud mitigation, and engage with internal teams and external partners to align on fraud strategy objectives.
Lead ad‑hoc analytics projects and drive innovation through dashboarding, segmentation and data storytelling, preparing dashboards, reports and presentations for stakeholders and executives.
Identify necessary data sources and design robust pipelines and reporting layers for ongoing monitoring.
Serve as a central point for cross‑functional collaboration between Fraud Ops, Product, Technology and Information Security on all data‑related initiatives.
Conduct periodic and ad‑hoc system testing of alert strategy and technology updates, and identify opportunities for process improvements and technological advancements in fraud detection.
Manage project plans, timelines and reporting to ensure timely achievement of milestones.
Coordinate with product development teams to incorporate fraud risk considerations into new offerings.
Lead meetings and communicate progress to senior leadership and external bodies.
Ensure compliance with regulatory requirements and industry standards through policy development and audits.
Stay informed on emerging fraud trends, tools and technologies, and champion the adoption of advanced detection methodologies such as machine learning and behavioural analytics.
Required Qualifications
3+ years of experience in fraud prevention, detection or programme management within financial services (broker‑dealer) or technology sectors.
Deep understanding of various fraud types including account takeover, payment fraud (e.g. ACH fraud, wire fraud, credit/debit card fraud, check fraud), synthetic identity and insider fraud and collusion.
Strong understanding of fraud detection and prevention methodologies, including behavioural analytics and machine learning models.
Experience in coordinating cross‑functional teams and managing stakeholder expectations.
Required Technical Skills
Proficiency in data analytics tools such as SQL, Tableau, Power BI or similar platforms.
Experience with scripting languages like Python, R or SAS for analytics and fraud detection.
Knowledge of fraud detection platforms (e.g. Actimize, ThreatMetrix or similar solutions).
Familiarity with API integrations and database management (Oracle, MySQL).
Preferred Qualifications
Bachelor’s degree in Business, Risk Management, Data Analytics or related fields.
Professional licences/certifications such as FINRA S99, Certified Fraud Examiner (CFE) or Certified Anti‑Money Laundering Specialist (CAMS) are preferred.
Experience with financial products, digital banking and payments.
Experience with Equifax, LexisNexis, TransUnion or other information security providers a plus.
High level of analytical skills and problem‑solving.
Ability to multi‑task, work well under pressure with commitment to deliver under tight deadlines.
Working knowledge of regulatory requirements (preferably in Cyber, AML / Fraud).
Understanding of machine learning concepts and their application in fraud prevention.
Experience with project management tools like Jira and Confluence.
Basic cybersecurity principles relevant to fraud risk management.
Proficient in MS Office (Word, Access, Excel, PowerPoint, Visio).
Experience in cloud and database management and query.
Work in a collaborative team environment.
Excellent written and verbal communication skills with the ability to customise and present information to a variety of audiences.
Strong judgment and experience with escalation of matters and recommended solutions.
Able to adapt to changing priorities with attention to detail and quality assurance.
Pay Range $65,888–$109,813 per year. Actual base salary varies based on relevant skill, prior experience, education, peer base salary and geographic location. LPL Total Rewards package is highly competitive, including 401(k) matching, health benefits, employee stock options, paid time off, volunteer time off and more.
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, LPL supports over 29,000 financial advisors and the wealth‑management practices of 1,100 financial institutions, servicing approximately $1.9 trillion in brokerage and advisory assets on behalf of around 7 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.
Why LPL?
Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team.
Limitless Career Potential: Your career at LPL has no limits, only amazing potential.
Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients.
Impactful Work: Our size is just right for you to make a real impact.
Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds.
Community Focus: We care for our communities and encourage our employees to do the same.
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.
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.
Principals only. EOE.
#J-18808-Ljbffr
Senior Analyst - Fraud Operations Strategy and Program Management
role at
LPL Financial
At LPL, we are dedicated to safeguarding our clients and advisors through proactive fraud risk management. As Senior Analyst, Fraud Operations Strategy and Program Management, you will report to the Manager Fraud Operations Strategy and play a key role in developing, executing and continuously improving fraud prevention and detection strategies across LPL’s platforms. This position involves collaboration with cross‑functional teams to mitigate fraud risks, enhance program efficiency, and ensure compliance with industry standards and regulatory requirements. You will assist in developing recurring metric dashboards, presentations, risk assessments, and the ongoing training and development of fraud communications and alerts and will assist the team or other business units on project work, partner with second line, technology, and information security groups, to review regulatory changes assessing impacts to LPL Financial as it relates to money movement and fraud.
Key Responsibilities
Responsible for end‑to‑end development of fraud data models, monitoring fraud trends, analysing KPIs, and recommending improvements based on data insights.
Develop and implement comprehensive fraud prevention and detection strategies aligned with organisational goals and lead cross‑departmental initiatives to embed these capabilities into products and services.
Monitor existing fraud detection models for performance, false positives and risk exposure, suggesting iterative refinements as needed.
Provide strategic insights and actionable recommendations to leadership by evaluating fraud metrics, customer behaviour and operational gaps, and track the impact of fraud strategy changes on business performance, measuring ROI and recommending adjustments.
Build predictive models and develop logic for automation and scoring of high‑risk behaviour across multiple fraud typologies.
Interface with Technology, Information Security, product teams and other fraud‑related groups to align model deployment and systematic fraud mitigation, and engage with internal teams and external partners to align on fraud strategy objectives.
Lead ad‑hoc analytics projects and drive innovation through dashboarding, segmentation and data storytelling, preparing dashboards, reports and presentations for stakeholders and executives.
Identify necessary data sources and design robust pipelines and reporting layers for ongoing monitoring.
Serve as a central point for cross‑functional collaboration between Fraud Ops, Product, Technology and Information Security on all data‑related initiatives.
Conduct periodic and ad‑hoc system testing of alert strategy and technology updates, and identify opportunities for process improvements and technological advancements in fraud detection.
Manage project plans, timelines and reporting to ensure timely achievement of milestones.
Coordinate with product development teams to incorporate fraud risk considerations into new offerings.
Lead meetings and communicate progress to senior leadership and external bodies.
Ensure compliance with regulatory requirements and industry standards through policy development and audits.
Stay informed on emerging fraud trends, tools and technologies, and champion the adoption of advanced detection methodologies such as machine learning and behavioural analytics.
Required Qualifications
3+ years of experience in fraud prevention, detection or programme management within financial services (broker‑dealer) or technology sectors.
Deep understanding of various fraud types including account takeover, payment fraud (e.g. ACH fraud, wire fraud, credit/debit card fraud, check fraud), synthetic identity and insider fraud and collusion.
Strong understanding of fraud detection and prevention methodologies, including behavioural analytics and machine learning models.
Experience in coordinating cross‑functional teams and managing stakeholder expectations.
Required Technical Skills
Proficiency in data analytics tools such as SQL, Tableau, Power BI or similar platforms.
Experience with scripting languages like Python, R or SAS for analytics and fraud detection.
Knowledge of fraud detection platforms (e.g. Actimize, ThreatMetrix or similar solutions).
Familiarity with API integrations and database management (Oracle, MySQL).
Preferred Qualifications
Bachelor’s degree in Business, Risk Management, Data Analytics or related fields.
Professional licences/certifications such as FINRA S99, Certified Fraud Examiner (CFE) or Certified Anti‑Money Laundering Specialist (CAMS) are preferred.
Experience with financial products, digital banking and payments.
Experience with Equifax, LexisNexis, TransUnion or other information security providers a plus.
High level of analytical skills and problem‑solving.
Ability to multi‑task, work well under pressure with commitment to deliver under tight deadlines.
Working knowledge of regulatory requirements (preferably in Cyber, AML / Fraud).
Understanding of machine learning concepts and their application in fraud prevention.
Experience with project management tools like Jira and Confluence.
Basic cybersecurity principles relevant to fraud risk management.
Proficient in MS Office (Word, Access, Excel, PowerPoint, Visio).
Experience in cloud and database management and query.
Work in a collaborative team environment.
Excellent written and verbal communication skills with the ability to customise and present information to a variety of audiences.
Strong judgment and experience with escalation of matters and recommended solutions.
Able to adapt to changing priorities with attention to detail and quality assurance.
Pay Range $65,888–$109,813 per year. Actual base salary varies based on relevant skill, prior experience, education, peer base salary and geographic location. LPL Total Rewards package is highly competitive, including 401(k) matching, health benefits, employee stock options, paid time off, volunteer time off and more.
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, LPL supports over 29,000 financial advisors and the wealth‑management practices of 1,100 financial institutions, servicing approximately $1.9 trillion in brokerage and advisory assets on behalf of around 7 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.
Why LPL?
Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team.
Limitless Career Potential: Your career at LPL has no limits, only amazing potential.
Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients.
Impactful Work: Our size is just right for you to make a real impact.
Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds.
Community Focus: We care for our communities and encourage our employees to do the same.
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.
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.
Principals only. EOE.
#J-18808-Ljbffr