Analyst, Tax And Cost Basis Operations

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 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:

The Client and Government Reporting team comprises of cost basis and tax reporting functionalities. The tax reporting component ensures that all Internal Revenue Service (IRS) client tax reporting forms are issued and mailed in an accurate and timely manner. The cost basis component is responsible for the receipt, maintenance, and delivery of tax lots used to calculate cost basis.

The Cost basis and Tax Analyst will conduct routine analysis and tests of various components of a quality control program comprised of data analysis, systems evaluation, and quality technology. This role requires the individual to understand operational processes, dependencies, and control points. Furthermore, an understanding of Cost basis and Tax procedures is strongly recommended.

Responsibilities:

• Supporting and, at times, leading initiatives to improve and enhance the Advisor experience while positively impacting the broader LPL organization.

• Share trends and pain points with leadership and business partners to find solutions and pursue process improvements.

• Resolve escalated issues and review for training opportunities.

• Support internal/external Audit and risk management review of QC processes as needed.

• Analyze reports and data to determine actionable business intelligence with a strong attention to detail.

• Maintain processes and improve operational efficiency.

• Innovate, test, and launch new ideas to solve complex business problems.

• Work closely with internal LPL departments on different projects and initiatives

• Assist with Audit reviews, collection of data and materials for regulators and/or Internal Audit.

• Makes connections and offers creative recommendations on how to solve business challenges.

• Recognizes issues, problems, or opportunities and determines whether action is needed.

• Lead Projects and UAT testing on behalf of the business.

• Seeks the perspective of others and re-examines assumptions to creatively solve problems and generate solutions.

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 or equivalent experience

• 3+ years of financial services experience (Tax and Cost basis experience is a plus).

Core Competencies:

• Excellent verbal and written communication skills

• Ability to work independently in a fast-paced environment with multiple priorities.

• Strong attention to detail with a pro-active approach to solving and preventing problems.

• Must be comfortable with Microsoft Excel

• Compiling data, formatting data and spreadsheets, and executing calculations/formulas.

• Must be comfortable with Microsoft Access

• Comfortable with accessing and managing various databases.

Pay Range:

$25.48-$38.22/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!

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.