Associate Analyst, Alternative Investments

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.

The Alternative Investment Operations team is comprised of recon, transfers (incoming, outgoing and internal), conversions and dividends/corporate actions. We are seeking a candidate who has previous experience and operational knowledge, specifically in Alternatives.  The ideal candidate will need to aide in the design, implementation and ongoing support of various projects. 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. 

• →Manage daily processing and service-oriented tasks.
• →Reconcile and analyze reports. Responsible for daily quality control, managing error rates, exception review processing and daily reporting. 
• →Analytical skills to reconcile suspense accounts and validate transactions to ensure compliance with corporate and regulatory policies and procedures.
• →Effectively and confidently communicate with other internal departments as well as parties external 3rd including, but not limited to; contra brokers, transfer agents, issuers, vendors and partners.
• →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.
• →Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure.
• →Contribute feedback for 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.
• →Developing quality service standards and processes to create a consistent service experience.
• →Handle escalations by both the Service Center and Advisors.
• →Other assignments as required by Management.

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

• 2+ years of industry experience (preferably alternative investments) in operations

• Personable and reliable self-starter who requires minimal management oversight for day-to-day work responsibilities.
• Ability to work with and communicate effectively to various levels of management throughout the organization.
• A positive and curious attitude with a willingness to take on difficult and complex situations and see them through to resolution.
• Strong attention to detail with a pro-active approach to solving and preventing problems.
• Ability to work under pressure and manage multiple priorities with conflicting deadlines and urgency.
• Strong time management and organizational skills.

• Alternative investments experience
• Street side operations: settlements, transfers, Purchases and Sales experience
• Microsoft applications, particularly Outlook, Excel, (VBA), Word, and Access
• Bachelor’s degree; preferably in business, accounting, or finance
• SIE or Series 7 preferred

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