Senior Regulatory Analyst

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!

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 Regulatory Examinations and Inquiries team within LPL's Legal department is responsible for responding to a broad range of regulatory examinations and inquiries from federal and state securities regulators, FINRA, and other SROs. The REI team also supports LPL's bank and credit union partners in responding to examination and audit requests related to their bank regulatory expectations.

The Senior Regulatory Analyst position involves handling regulatory matters with substantial autonomy, including assessing the issues involved, collecting and analyzing relevant documents and information, developing and submitting responses to regulatory inquiries and interacting directly with regulators, clients and various business units of LPL. The range of matters and issues vary widely and can focus on specific products (e.g., complex products); policies and procedures (e.g., Reg BI), and advisor conduct issues (e.g., OBAs). Matters can also involve the analysis and production of substantial amounts of data, such as transactional records. Senior Regulator Analysts are expected to be knowledgeable in compliance matters generally, to have skill analyzing information, to use professional judgment in responding to circumstances that arise in the course of regulatory matters, and to appropriately escalate issues to more senior personnel in the Legal and Compliance areas. This position also involves working with attorneys on higher risk matters such as regulatory enforcement inquiries.

Responsibilities:

• Respond to regulatory inquiries by communicating with various departments at the Firm to collect the necessary information, analyzing the information thoroughly, and preparing and submitting written responses.

• Provide critical thinking in order to identify and escalate concerns as they arise, and collaborate with team management, LPL Financial business units, and financial advisors in order to address issues.

• Assist financial advisors with regulatory exams with a client-centric mindset. This includes working closely with branches to prepare for regulatory branch exams and attending and assisting with interviews.

• Keep abreast of, analyze, and understand regulatory requirements and compliance procedures.

• Contribute to the development of team processes and procedures.

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 and/or 4+ years' experience working in the brokerage or investment advisory industry.

• Working knowledge of securities industry compliance requirements and of mutual funds, annuities, general securities and other financial products.

• Ability to travel on occasion as needed.

Core Competencies:

• Strong written and oral communication skills and the ability to independently draft letters and other documents for production to the Firm's regulatory bodies as well as senior and executive management.

• A desire to support the Firm's financial professionals in regulatory matters with a high level of client service.

• Excellent attention to detail.

• Strong analytical abilities, including the ability to analyze and draw conclusions from detailed records such as trade blotters, suitability related documents, mail communications, and branch examination reports.

• Strong organizational skills and the ability to keep track of and meet multiple deadlines and projects.

• The ability to think holistically about processes that impact clients and the firm.

• Proficiency with Excel, Word and PowerPoint.

Preferences:

• Series 7 and 24

• Working knowledge of bank regulatory landscape

Pay Range:

$83,600-$125,400/year

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.