Operations Regulatory Risk & Controls Analyst

General Interest:

What if you could build a career where ambition meets innovation?  At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence.  What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact?  If you’re ready to take the next step, discover what’s possible with LPL Financial.

Job Overview: As an Operations Risk and Controls Analyst within LPL Financial, you will contribute to promoting risk informed decision-making and strengthening the firm’s regulatory and controls framework, with particular attention to reconciliation processes and books and records obligations.

You will work closely with business leaders to support the identification, tracking, and remediation of risks. You will help evaluate control environments, identify areas of improvement, and develop effective mitigation strategies that align with the industry’s best practices and regulatory expectations.

Responsibilities:

• Conduct the physical securities counts of securities stored in the Fort Mill vault, in accordance with LPLs regulatory risk and controls framework
• Develop, document, and maintain appropriate job procedures and controls. Evaluate existing processes related to reconciliation and books and records to identify gaps and procedural inefficiencies. Recommend and implement enhancements to strengthen the control environment, reduce risk exposure, and optimize operational effectiveness.
• Ensure the timely and accurate completion of daily tasks to maintain operational continuity and compliance. Actively cross train and help teammates and ensure seamless coverage of responsibilities.

• Assist with vendor relationships and maintain regular oversight to ensure compliance with contractual obligations and service standards. Review vendor invoices for accuracy, appropriateness, and escalate discrepancies as needed.
• Investigate and analyze system errors or discrepancies to determine root causes and escalate to your leadership as needed. Develop and implement timely, effective resolutions to ensure data integrity and minimize operational disruption.
• Prepare reports and escalate issues in alignment with the firm’s risk management framework, ensuring timely visibility of potential concerns. Proactively identify opportunities to strengthen risk mitigation practices and enhance control effectiveness. Champion continuous improvement initiatives and foster a culture of accountability, ownership, and risk awareness.
• Promote a culture of risk awareness and ownership by engaging in training, educational initiatives, and risk management consultative support.
• Maintain a current and comprehensive understanding of business processes and workflows to ensure alignment with evolving regulatory requirements and risk management and controls.
• Implement and reinforce internal governance processes to ensure compliance with corporate policies, regulatory expectations, and risk management standards. Provide a risk-centric perspective on business strategies, and initiatives, assessing implications and promoting risk-informed decision making. Drive positive change by identifying control enhancements, advocating for sustainable solutions, and supporting transformation efforts across the firm.

What are we looking for?

We are looking for collaborative, forward-thinking professionals who are energized by the opportunity to deliver exceptional client experience. The ideal candidate thrives in a fast-paced, dynamic environment and brings a balance of analytical rigor, precision, and a deeply client-centric mindset. They are collaborative, meticulous, adaptable, and initiative taking in driving solutions while fostering innovation and continuous improvement.

Requirements:

• Bachelor’s degree in accounting, finance, or economics from an accredited university/college or 2+ years of equivalent financial industry/operations experience .

 Core Competencies:

• Effective communicator, and detail orientated.
• Ability to work well under pressure, adapt to unexpected events, apply critical thinking, perform independent analysis, collaborate with peers across departments, prioritize and multi-task in a deadline-driven environment.
• Proficient in all Microsoft applications, particularly, VISIO, WORD, ACCESS, PowerPoint, SQL, and Excel.

Preferences:

• Moderate experience with excel and advanced functions
• SEC broker dealer experience or experience with large, diversified financial services firms.
• Experience with broker dealer stock record systems, BETA, Alteryx, Microsoft SQL Queries, and FIS Loanet (SMART Seg Maintenance & Suite of Solutions).
• Licenses/Certifications: SIE or Series 99 preferred

 

Pay Range:

$28.95-$48.26/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) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

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. 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.

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