LPL Financial
Manager, Operations - Corporate Actions
LPL Financial, Fort Mill, South Carolina, United States, 29715
Overview
The Corporate Action team is comprised of Dividends, Reorg, Cash Sweeps, Proxies, Restricted securities, and Cash & Bank functionalities. We are seeking a candidate who has previous talent development experience and operational knowledge, specifically in corporate actions. The ideal candidate will need to aid in the design, implementation and ongoing support of various projects while leading a team of operations and service staff. They should have an understanding of data analysis, project management, and reporting tools and technology, in general, to effectively analyze business requirements, track project status, and translate business/regulatory needs into technical requirements. The candidate will also need strong interpersonal, organization and communication skills (written and verbal) to be effective in the role. Responsibilities
Provide ongoing support, coaching, feedback and developmental opportunities to address staff needs in order to engage them and help them be more effective and successful.
Conduct regular meetings with on-site and cross-site staff.
Driving a performance management culture, achieving completion of timely mid-year and year-end self-evaluations and manager evaluations for all active employees.
Conduct vendor, regulatory, and risk oversight for all processes. Approve and sign off management reports, controls, and process checklist.
Reconcile and oversee large cash balances and security positions.
Support and contribute toward the successful execution of projects and initiatives that support LPL’s priorities.
Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure.
Develop risk based mitigation approaches that may yield changes to functions, and departmental requirements.
Understand and interpret rule modifications in an ever-changing regulatory environment, and understand the business needs of LPL, our advisors, and other departments.
Deliver the best personal and relevant client experience possible through operational and service excellence delivery and demonstration of sound business and financial management practices
Develop quality service standards and processes to create a consistent service experience.
Risk Management- responsible for daily corporate action reconciliations, managing error rates, exception review processing and daily reporting. Other duties could also include policy and procedures reviews and presentations to the staff.
Technology and Systems Management – Participate and implement departmental projects as well as coordinating and performing User Acceptance Testing.
Handle escalations by both the Service Center and Advisors
Other assignments as required by Leadership
What are we looking for?
We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates
pursue greatness ,
act with integrity , and are
driven to help our clients succeed . We value those who embrace creativity, continuous improvement, and contribute to a culture where we
win together
and
create and share joy
in our work. Requirements
3-5 years of industry experience (preferably financial services) in Operations and/or Service.
Operational background with experience in identifying and mitigating risk.
Experience working with different investment vehicles including Alternative Investments, Mutual Funds and Equities.
FINRA Series 7 (or 99) license
Core Competencies
Ability to work independently in a fast paced environment with multiple priorities
Ability to work with and communicate effectively to various levels throughout the organization.
Ability to learn multiple aspects of the Financial Services industry and understand how it all connects.
Excellent verbal and written communication skills.
Personable and reliable self-starter who requires minimal management oversight for day-to-day work responsibilities.
Strong attention to detail with a pro-active approach to solving and preventing problems.
Preferences
Proficiency with Microsoft Office applications, particularly; Excel (VBA), Word, Access.
Management experience preferred.
Bachelor’s degree in Finance, Business, or related field.
Pay Range: 77,288 – 128,813/year. 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. The Total Rewards package is designed to support success at work, at home, and at play, including 401K matching, health benefits, paid time off, volunteer time off, and more. Recruiter can discuss details. 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 and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services. 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. For further information about LPL, please visit www.lpl.com. Join LPL Financial: Where Your Potential Meets Opportunity 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. EOE. Information on Interviews: LPL will only communicate with a job applicant directly from an email address ending in @lplfinancial.com 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. For questions regarding the application process contact LPL’s Human Resources Solutions Center at (855) 575-6947. EAC1.22.25
#J-18808-Ljbffr
The Corporate Action team is comprised of Dividends, Reorg, Cash Sweeps, Proxies, Restricted securities, and Cash & Bank functionalities. We are seeking a candidate who has previous talent development experience and operational knowledge, specifically in corporate actions. The ideal candidate will need to aid in the design, implementation and ongoing support of various projects while leading a team of operations and service staff. They should have an understanding of data analysis, project management, and reporting tools and technology, in general, to effectively analyze business requirements, track project status, and translate business/regulatory needs into technical requirements. The candidate will also need strong interpersonal, organization and communication skills (written and verbal) to be effective in the role. Responsibilities
Provide ongoing support, coaching, feedback and developmental opportunities to address staff needs in order to engage them and help them be more effective and successful.
Conduct regular meetings with on-site and cross-site staff.
Driving a performance management culture, achieving completion of timely mid-year and year-end self-evaluations and manager evaluations for all active employees.
Conduct vendor, regulatory, and risk oversight for all processes. Approve and sign off management reports, controls, and process checklist.
Reconcile and oversee large cash balances and security positions.
Support and contribute toward the successful execution of projects and initiatives that support LPL’s priorities.
Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure.
Develop risk based mitigation approaches that may yield changes to functions, and departmental requirements.
Understand and interpret rule modifications in an ever-changing regulatory environment, and understand the business needs of LPL, our advisors, and other departments.
Deliver the best personal and relevant client experience possible through operational and service excellence delivery and demonstration of sound business and financial management practices
Develop quality service standards and processes to create a consistent service experience.
Risk Management- responsible for daily corporate action reconciliations, managing error rates, exception review processing and daily reporting. Other duties could also include policy and procedures reviews and presentations to the staff.
Technology and Systems Management – Participate and implement departmental projects as well as coordinating and performing User Acceptance Testing.
Handle escalations by both the Service Center and Advisors
Other assignments as required by Leadership
What are we looking for?
We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates
pursue greatness ,
act with integrity , and are
driven to help our clients succeed . We value those who embrace creativity, continuous improvement, and contribute to a culture where we
win together
and
create and share joy
in our work. Requirements
3-5 years of industry experience (preferably financial services) in Operations and/or Service.
Operational background with experience in identifying and mitigating risk.
Experience working with different investment vehicles including Alternative Investments, Mutual Funds and Equities.
FINRA Series 7 (or 99) license
Core Competencies
Ability to work independently in a fast paced environment with multiple priorities
Ability to work with and communicate effectively to various levels throughout the organization.
Ability to learn multiple aspects of the Financial Services industry and understand how it all connects.
Excellent verbal and written communication skills.
Personable and reliable self-starter who requires minimal management oversight for day-to-day work responsibilities.
Strong attention to detail with a pro-active approach to solving and preventing problems.
Preferences
Proficiency with Microsoft Office applications, particularly; Excel (VBA), Word, Access.
Management experience preferred.
Bachelor’s degree in Finance, Business, or related field.
Pay Range: 77,288 – 128,813/year. 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. The Total Rewards package is designed to support success at work, at home, and at play, including 401K matching, health benefits, paid time off, volunteer time off, and more. Recruiter can discuss details. 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 and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services. 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. For further information about LPL, please visit www.lpl.com. Join LPL Financial: Where Your Potential Meets Opportunity 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. EOE. Information on Interviews: LPL will only communicate with a job applicant directly from an email address ending in @lplfinancial.com 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. For questions regarding the application process contact LPL’s Human Resources Solutions Center at (855) 575-6947. EAC1.22.25
#J-18808-Ljbffr