Analyst Corporate Actions

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview:

The Corporate Action team comprises of dividends, reorg, money market, proxies, restricted security, and cash & bank functionalities. The ideal candidate will need to aid in the design, implementation and ongoing support. Understand data analysis, project management, and reporting tools and technology in general to effectively analyze business requirements, track project status, and translate business 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:

• Risk Management - Responsible for quality and risk control processes for monitoring systems, vendor oversite, and review of daily processing work for on and offshore team.
• Reconciliation and reporting of clearance accounts to ensure all allocations from our various depositories have been properly allocated. Additional reporting such as FRC and reserves.
• Responsible for timely and accurate submission of elections to various repositories and agents.
• Communicate with other internal departments as well as external 3rd parties including, but not limited to, contra brokers, transfer agents, issuers, vendors, and partners.
• Participate in internal audits by providing documentation and demonstrating compliance of all key and non-key controls in walkthroughs.
• Handle escalations by both the Service Center and Advisors; exercise superior judgement in keeping manager informed about issues.
• Develop risk-based mitigation approaches that may yield changes to functions, and departmental requirements.
• Review processes and procedures to identify areas of improvement to mitigate risk, increase efficiency and ensure consistency to Advisors and Clients.
• Recognizes issues, problems, or opportunities and determines whether action is needed. Seeks the perspective of others and re-examines assumptions to creatively solve problems and generate solutions. 
• Makes connections & offers creative recommendations on how to solve business challenges.

What are we looking for?

We want strong collaborators who can deliver world-class client experiences. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and can execute in a way that encourages creativity and continuous improvement.

Requirements:

• 3-5 years of industry experience (preferably corporate actions) in Operations, Compliance or Risk Management.
• All Microsoft applications, particularly Excel (VBA) and Access.

Core Competencies:

• Ability to work independently in a fast-paced environment with multiple priorities.
• Ability to work with and communicate effectively at 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.
• Strong time management and organizational skills.

Preferences:

• Series 7 preferred.
• Bachelor’s degree in accounting, Finance, or Economics from an accredited University or College or equivalent industry experience.
• SQL or Alteryx knowledge.

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(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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. For further information about LPL, please visit www.lpl.com.

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 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.

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.

EAC 5.19.26