Trust Closing Specialist

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!

We are currently looking to hire a Closing Trust Specialist within The Private Trust Company. This role is responsible for delivering exceptional customer service experiences, including accurate, timely and effective communication; and execution of relational and transactional activities among clients and advisors, including high‐net worth accounts, while working as a team supporting a trust officer.

Responsibilities:

• Analysis of trust documents
• Creating complex plans of distribution
• Preparing and reviewing complex accountings for closing accounts, fee reviews, court accountings, and other needs
• Create clear, concise and accurate reports and analysis for a wide range of internal partners with an emphasis on meeting internal and external reporting and analysis needs and deadlines
• Performing account closings and asset distributions
• Assist in administering trust settlements and probate settlements
• Coordinating and communicating with contra-firms and other recipients as part of the closing process
• Participating in general trust administration functions supporting a trust officer
• Coordinating requests and documentation needs with financial advisors, clients, accountants and attorneys
• Working with officers in reviewing account documentation, administration and investment policies, cash liquidity needs, historical or prospective changes in client situations or activities
• Preparation of memoranda for discretionary distributions and administrative decisioning
• Mentor and train trust specialists as needed
• Develop alternatives and recommendations to improve work processes
• Consistently meet deadlines in a fast=paced and ever-changing environment.

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:

• Undergraduate degree preferred, especially in accounting, finance or related field
• 2 years of experience in accounting, estate planning, investments, bank compliance and trust regulations such as principal and income accounting preferred.
• Technical skills – Proficient in a range of computer systems including Word, Excel, PowerPoint, Teams and Teams Applications.

Core Competencies:

• Ability to organize, prioritize and self-start.
• Strong analytic abilities
• Ability to manage multiple projects and prioritize work in a dynamic environment
• Must be able to express ideas clearly, both verbally and in writing and to articulate issues and solutions in a client relationship environment.

Preferences:

• Project and time management skills are essential.
• Attention to detail is essential
• Strong background in accounting highly preferred
• Interpersonal and problem‐solving skills
• Experience in a trust administrative role preferred

#LI-PA

Pay Range:

$19.27-$32.12/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. !

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. !

• Community Focus: We care for our communities and encourage our employees to do the same. !

• 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. !

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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