The Associate Analyst plays a critical role within the Fee Management Team, supporting the accurate and timely processing of included fees to advisors and end clients across multiple affiliation models. This role supports the fees that are processed through the Fee Management System (FMS), with a focus on full straight through processing for charging events and support daily processing for updates.

This role is responsible for handling complex and escalated FMS inquiries, leading operational and process improvement initiatives, and serving as a subject matter expert (SME) for FMS workflows. The Analyst partners closely with internal stakeholders to research, resolve, and prevent compensation issues while enhancing the overall advisor experience. The role reports directly to the VP of Operations leading FMS development.

Responsibilities:

• Develop a deep understanding of FMS integration with LPL systems and processes. to serve as a subject matter expert (SME) for FMS
• Research, investigate, and resolve complex and escalated FMS inquiries
• Coordinate workflow to support scheduled charging events
• Support the daily runs that feed into secondary systems
• Responsible to support the Reconciliation and Accrual of the FMS system
• Partner with stakeholders to identify root causes, mitigate risk and prevent recurring issues
• Process accommodations, corrections, and reporting as required.
• Support UAT testing for future system development
• Support and lead department and firm-wide projects
• Identify trends, process gaps, and improvement opportunities
• Share insights and recommendations with leadership
• Provide training and procedural guidance
• Participate in discovery for future enhancements

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., * 5+ years of experience in financial services, banking, accounting, or operations

• Bachelor’s degree or equivalent practical experience
• Attention to detail and ability to follow defined procedures
• Proficiency with Microsoft Excel, Word, Outlook, and Teams

Core Competencies:

• Analytical Thinking, Problem Solving & Decision making
• Communication and interpersonal skills with service-oriented mindset
• Adaptability & Resilience to manage risk and apply controls effectively
• Ability to independently manage multiple priorities and project deliverables
• Collaborative and proactive approach with experience handling escalations

LPL-PA, Acceptance Testing, Accounting, Analysis Skills, Banking Services, Brokerage, Business Model, Business Services, Calendar Management, Customer Escalations, Customer Relationship Management (CRM), Customer Support/Service, Detail Oriented, Financial Planning, Financial Services, Interpersonal Skills, Interviewing Skills, Investment Services, Leadership, Leading Edge Technology, Microsoft Excel, Microsoft Outlook, Microsoft Word, Multitasking, Operational Improvement, Operations Processes, Presentation/Verbal Skills, Problem Solving Skills, Procedure Development, Process Improvement, Reconciliation, Right-Sizing, Risk Management, Root Cause Analysis, Team Player, Testing, Time Management, Trend Analysis, Wealth Management, Writing Skills

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!

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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.

For further information about LPL, please visit www.lpl.com.

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!

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.