Regulatory Accountant

Do you want to learn and grow at a Fortune 500 firm, the nation’s largest broker-dealer, and third largest RIA custodian? Do you have a passion for supporting a growing, thriving business through detailed, thoughtful, preparation of regulatory reports? Are you known for your excellent attention to detail? If so, LPL Financial is the place 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 18,000 financial advisors, 800 institution-based investment programs and 450 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:

As the Senior Analyst of Regulatory Reporting within the Treasury team, you will be focused on preparing and submitting Net Capital and Customer Segmentation Requirements (15c3-3) reports related to our Broker Dealer business. Your responsibilities will include daily, weekly, monthly, quarterly, and annual report submissions. You will work closely with Treasury, Operations, Legal, IT, and Controller departments in the preparation, validation, and submission of these reports.

Responsibilities:

• Produce Regulatory Reports: Prepare the monthly FOCUS report (SEC Rule 15c3-1)

• Support Regulatory Reports: Assist in the practice of additional filings required or requested by regulatory agencies, including the Federal Reserve, OCC, SEC, Dept of Commerce and various other agencies.

• Process Improvement: Through you own initiative, identify opportunities for automation and process improvement, and work with your manager to implement.

• 15c-3-3 Reserve Calculation: Support the preparation and calculation of the 15c-3-3 reserve requirements, ensuring accurate and timely compliance with regulatory standards.

• SOX Controls: Support SOX controls related to treasury where requested, ensuring strict adherence to internal policies and regulatory requirements.

• Internal and External Audit Support: Coordinate and support internal audits of regulatory reporting processes and collaborate with external auditors to ensure a smooth audit process and timely resolution of any audit findings.

• Charters, committees, procedures: Support our advancement in the rigor of documentation and governance through preparing and supporting procedural documentation, team charters, role charters, and governance charters.

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 degree in Accounting, Economics, Finance, or a related field.

• 3 years’ experience in in SEC broker dealer regulatory reporting

• Advanced skills in Microsoft Office Suite: Excel, VB, Access, PowerPoint;

Core Competencies:

• Willingness to learn and perform detail level analysis

• Familiarity with brokerage operations and accounting

• A proven contributor of talent on high performing teams

• Ability to organize and manage multiple priorities

• Ability to work independently and collaboratively in a fast-paced environment

• Strong interpersonal skills and effective communication skills with the ability to interact effectively with all levels of management and colleagues

• Understanding of SOX controls and ensuring compliance over financial reporting

Preferences:

• Advanced degree or relevant certifications (e.g., Masters degree, CTP, CFA) preferred

• Knowledge of SEC rules and regulations, primarily SEC Rule 15c3-1 and SEC Rule 15c3-3

Pay Range:

$75,800.00 - $126,400.00

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!

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.

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.