Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
Excited to learn more? If so, then this could be the role for you!
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 22,000 financial advisors, 1,100 institution-based investment programs, and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview:
The AVP of Regulatory Reporting will be responsible for the daily management of various non-financial regulatory reporting activities as well as working closely with various operational, trading, technology, and service units throughout LPL to ensure accurate and timely data reporting. The role also requires the individual to implement and train team members on both new and existing reporting routines consistent with a rapidly evolving regulatory environment.
Responsibilities:
Oversee daily regulatory reporting processes and compliance with internal or regulatory initiatives including but not limited to EBS, CAT and CAIS, TRF, ORF, LOPR, Short Interest Reporting, and Form 13-F.
Manage, hire, and train qualified teammates to perform the various reporting activities.
Stay informed of regulatory changes, interpret those changes into reporting requirements, and partner with business areas to implement processes to gather and report data.
Develop and maintain tracking metrics for management reporting, escalation, and review.
Maintain control documentation needed for the various internal, external, and regulatory reviews.
Maintain and enhance a proactive relationship with business partners across LPL, including Compliance, Legal, Internal Audit, Technology, Trading, Service and Operations.
What are we looking for?
We want strong collaboratorswho 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:
5 to 7+ years’ experience in Broker Dealer regulatory capacity with extensive background of equity, and option trade flow from executions to settlement.
Working knowledge of broker dealer regulatory non-financial reporting requirements including but not limited to EBS (Electronic Blue Sheets), LOPR (Large Option Position Reporting), CAT (Consolidated Account Information Systems), ACT, TRACE and ORF (Over the Counter Reporting Facility).
Knowledge of control environment for SOX, SSAE18, FICCA, and 17a-5.
Securities License Series 99 and/or 7 required.
Core Competencies:
Ability to manage and lead effectively in an ever-changing environment (both corporate and regulatory).
Ability to work independently and communicate effectively across various levels throughout the organization.
Have excellent analytical skills and the ability to consult and resolve issues related to data extraction, validation, and report generation.
Preferences:
Strong data analytical experience with SQL knowledge preferred.
Securities License Series 24 preferred.
Pay Range:
$99,200.00 - $165,400.00
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!
Why LPL?
At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We are one team on one mission. We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.
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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.
Seniority level
Executive
Employment type
Full-time
Job function
Legal
Industries
Financial Services
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