What are the responsibilities and job description for the Associate Advisor Comp Solution Professional, Operations – Client Compensation, Quality Assurance position at LPL Financial?
Job Description
Are you a team player with a passion for delivering quality, detailed results? Do you thrive in a collaborative environment that encourages critical thinking and innovation? Are you excited about being part of a team dedicated to transforming processes and working efficiently? If you are solution-oriented, enjoy serving clients, adding value, improving systems, and developing team members into true experts, LPL Financial is the place for you!
About LPL Financial:
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, not the other way around. Today, LPL is a leader in the markets we serve, supporting a network of 28,000 financial advisors, 800 institution-based investment programs, and 450 independent RIA firms nationwide. We are committed to the advisor-centered model and believe that Americans deserve access to personalized guidance from a financial advisor.
At LPL, independence means that advisors have the freedom to choose the business model, services, and technology resources that best suit their practice. Advisors can manage their client relationships with the confidence that they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview:
As an Associate Advisor Compensation Solution Professional in Quality Assurance, you will play a crucial role in ensuring that existing/ newly onboarded advisors receive accurate commissions and appropriate billing of expenses. You will be empowered to mitigate risks, protect the firm, and maintain the integrity of the advisor experience.
What are we looking for?
We seek strong collaborators who can deliver a world-class client experience. We are looking for individuals who thrive in a fast-paced environment, are client-focused, team-oriented, and can execute in a manner that encourages creativity and continuous improvement.
Responsibilities:
- Review the accuracy of existing and new advisor profiles for compensation and expenses.
- Ensure the timeliness, accuracy, and completeness of core and specialized processing for direct business sponsor payments.
- Liaise with internal partners to communicate trends in processing or service errors related to advisor commission payments.
- Participate in, support, and drive departmental and firm-wide projects focused on efficiency and process improvements.
- Ensure that Client Compensation department processes are documented and compliant with departmental controls.
Requirements:
- 2 years of financial services experience preferred
- Bachelor's degree or equivalent experience
Core Competencies:
- Advanced skills with Microsoft Excel and PowerPoint preferred
- Personable, reliable self-starter with strong communication and organizational skills requiring minimal oversight for day-to-day responsibilities
- Innovative thinker with a proactive approach to solving and preventing problems
- Flexible and willing to work additional hours to accommodate business needs
- Able to prioritize and organize work to meet strict deadlines in a fast-paced environment
- Knowledge of or the ability to learn navigation of the following systems: Oracle, Salesforce, Dynamics or Case Management, SharePoint
Pay Range:
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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We take social responsibility seriously.
Want to see info on our benefits?
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.
Salary : $21 - $35
