Associate Analyst, Custody

Where Ambition Meets Innovation

 

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 Associate Analyst role within the Custody department will be responsible for providing problem-solving, reporting, project and training support to the Custody team, dealing primarily with physical security management. This will require the Associate Analyst to have a foundational level of knowledge of all team processes, as well as the ability to assist management and senior colleagues in feedback and implementation of updated processes. Support Management on project-based work, processing mergers and acquisitions from the Custody team, and participating in general business growth in the securities space for LPL.

Responsibilities:

·Communicate complex issues both in writing and verbally to management and internal/external vendors and customers.

·Knowledge in balancing, reconciling and researching breaks related to DTC and our Foreign Custodian.

·Act as a subject matter expert for all functions in Custody, assisting junior staff where help and guidance is needed.

·Performs Key and Non-Key Controls in a tightly controlled environment relating to the management of physical securities for the firm.

·Generating reports and tracking trend numbers.

·Train junior staff on all Custody functions.

·Work with management and analysts to test and implement updated processes.

·Actively provide support to core processing on all functions when staffing needs arise, including fielding subject-matter specific calls from CXOne.

·Provide high-level primary assistance in the maintenance of Policies and Procedures.

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:

·2+ years of experience in the brokerage and financial services industry

·2+ years of experience in Customer Service (Retail or Call Center)

Core Competencies:

·Proficient analytical and problem-solving skills with a keen attention to detail

·Skilled with Microsoft Applications, particularly Excel, Word, PowerPoint

·Excellent oral and written communication skills

·Ability to perform under pressure with competing deadlines

Preferences:

·Attention to detail is extremely important, experience with quality control or quality assurance

·Experience with transactions of securities

·Processing physical documents

·Handling minor escalations

·MS Excel experience (working with macros)

·FINRA SIE or Securities Registration

·Bachelor’s Degree from an Accredited University

 

Pay Range:

$24.46-$40.80/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 – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

 

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(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.

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.

EAC 5.19.26