What are the responsibilities and job description for the Trading Analyst position at LPL Financial?
The Trading Analyst for Tax Overlay is responsible for the day-to-day monitoring and administration of accounts enrolled into LPL Tax Overlay UMA. LPL Tax Overlay is comprised of three primary functions in addition to Standard UMA:
The ideal candidate will have a client-first customer service oriented mind-set from a financial background, with strong attention to detail, problem-solving skills, and excellent verbal and written abilities. Candidate will be able to contribute positively to a team-focused environment, driving both growth and innovation. Candidate will need to be highly analytical, have a reputation for high productivity and accuracy, capable of achieving outstanding results under time constraints.
Requirements:
$30.32-$50.54/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?
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.
EAC1.22.25
- A customizable solution for investors who want to control the realization of long-term capital gains in their portfolio
- A managed solution to diversify concentrated portfolios in a tax efficient manner
- Personalized analysis and consultation for advisors to support New Accounts and to quantify benefits of LPL Tax Overlay
- Participates in the management and execution of the LPL Tax Overlay processes as they relate to trading and maintenance of the accounts: Daily, Weekly, Monthly, and Quarterly Action Items
- Works with LPL’s proprietary investment management system, the Tax Overlay Analyst will identify client accounts for optimization, review recommended transactions based on established guidelines, and consolidate & execute transactions across accounts
- Ensure that results are consistent across accounts and ensure that accounts are managed within their specific tax settings as defined by the client and their financial advisor
- Provide exemplary customer service by performing necessary follow up directly with advisors on changes to accounts and accounts that cannot be managed within given constraints
- Research complex situations and communicate the actions necessary to resolve the situation
- Ability to meet strict deadlines with minimal supervision in a fast-paced environment
- Ability to take on new challenges
- Subject Matter Expert on Operational Policies and procedures with a primary focus on LPL Tax Overlay
- Focuses on increasing efficiencies and reducing risk by improving current processes
- Project Testing and Implementation
The ideal candidate will have a client-first customer service oriented mind-set from a financial background, with strong attention to detail, problem-solving skills, and excellent verbal and written abilities. Candidate will be able to contribute positively to a team-focused environment, driving both growth and innovation. Candidate will need to be highly analytical, have a reputation for high productivity and accuracy, capable of achieving outstanding results under time constraints.
Requirements:
- Bachelor’s Degree
- Series 7/65 or 66
- Knowledge of investment management operations and practices with particular emphasis on unified managed accounts including trading and portfolio accounting systems
- 3 years of experience working in the financial industry and/or processing in a high volume and deadline-driven environment
- 1 years of Service-oriented experience working with various groups such as clients, consultants, other firms, and service teams
- Effective team player
- Ability to handle escalated items timely and accurately.
- Demonstrates the ability to collaborate within department and in meetings to implement or support ongoing processes
- MS- Excel- Proficient
- Visual Basic- Introductory
- CFA Candidate
- BETA - Proficient
- InvestCloud - Proficient
- Bachelor's degree
- Excel Macro (Visual Basic) experience
- Business Process improvement experience
$30.32-$50.54/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!
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.
EAC1.22.25
Salary : $30 - $51
