Associate Analyst Client Compensation

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.

As an Associate Client Compensation Consultant within our Client Compensation Processing Operations team, you will play a critical role in delivering expert solutions to middle and back-office operational inquiries and expediting advisor commission payments. You will have the opportunity to become a subject matter expert (SME) in the set-up of payout rules, products and sponsors, billing of fees and expenses, research and payout of advisor compensation, supporting financial advisors and ensuring accurate and timely  this role, you will be responsible for activities related to the management and administration of financial advisors' commissions payments which will include working with internal stakeholders and fund companies to resolve complex commission problems and processing commission payments.

Being flexible and adaptable to competing priorities will be key success factors for this position.

Responsibilities:

Develop expertise in Client Compensation Operations processing and procedures

Serve as dedicated liaison, taking ownership of Client Compensation escalations

Process transactions with precision and accuracy, ensuring accurate and timely payments flow to financial advisors and their firms

Own and supervise firm-wide, multi-department projects to build or enhance experience workflows related to the department

Proactively review audit controls to mitigate risk, remove redundant requirements, and increase transparency with audit partners

Proactively assist with large-scale projects and transformation efforts

Plan and champion initiatives that enhance the advisor experience and positively impact the broader LPL organization

What are we looking for?

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.

Requirements:

Bachelor's Degree3+ years of experience in operations roles within the financial services industry MS Office, with advanced Excel skills including formulas, macros and Pivot tables

Knowledge of Oracle (Com Reg) functionality, BETA, Tumbleweed, and Salesforce preferred

Core Competencies:

Customer-centric focus with a strong work ethicFINRA Securities Industries Essentials (SIE) Certification (preferred)
Excellent verbal and written communication skills

Working knowledge of process improvement methodology (Lean, Agile, Six Sigma) preferred

Strong organizational and critical thinking skills

Attention to detail with a problem-solving and process improvement mindset

Ability to present complex information clearly and concisely

Self-motivation, adaptability, and responsiveness to coaching and training

If you are a motivated individual who is excited about working with cutting-edge technology and making a difference in the financial services industry, we encourage you to apply for this role!

Pay Range:$21.00-$34.96/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…