Associate Analyst, Client Compensation

LPL Financial; Tempe (AZ); On-site; USD 29,000 - 47,000; Full time

Benefits offered by this job

401K matching

Health benefits

Employee stock options

Paid time off

Volunteer time off

Job summary

LPL Financial is seeking an Associate Analyst in our Client Compensation Processing Operations team to ensure accurate and timely advisor commission payments. You will develop expertise in payout rules, sponsor setups, and billing processes while coordinating with internal partners and fund companies.

In this role you will handle inquiries, resolve complex compensation issues, and lead small projects that enhance advisor experience and streamline payment workflows across the organization.

Qualifications

• 3+ years of experience in operations roles.
• Financial services experience preferred.
• Bachelor's Degree'

Responsibilities

• Develop expertise in Client Compensation Operations processing and procedures.
• Serve as dedicated liaison, taking ownership of Client Compensation escalations.
• Process transactions with precision and ensure timely payments to advisors.
• Own and supervise multi-department projects to enhance experience workflows.
• Review audit controls to mitigate risk and increase transparency with audit partners.
• Assist with large-scale projects and transformation efforts to improve advisor experience.

Skills

Customer-centric focus

Excellent verbal and written

Organizational and critical thinking

Attention to detail

Present complex information clearly

Self-motivation and adaptability

Education

Bachelor's Degree

Tools

Oracle (ComReg)

Tumbleweed

Salesforce

MS Excel (formulas, macros, Pivot)

Job description

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview

As an Associate Analyst within our Client Compensation Processing Operations team, you will play a critical role in delivering expert solutions to middle and back-office operational inquiries and expediting advisor commission payments. You will have the opportunity to become a subject matter expert (SME) in the set-up of payout rules, products and sponsors, billing of fees and expenses, research and payout of advisor compensation, supporting financial advisors and ensuring accurate and timely payments.

In this role, you will be responsible for activities related to the management and administration of financial advisors' commissions payments which will include working with internal stakeholders and fund companies to resolve complex commission problems and processing commission payments. Being flexible and adaptable to competing priorities will be key success factors for this position.

Responsibilities

• Develop expertise in Client Compensation Operations processing and procedures
• Serve as dedicated liaison, taking ownership of Client Compensation escalations
• Process transactions with precision and accuracy, ensuring accurate and timely payments flow to financial advisors and their firms
• Own and supervise firm-wide, multi-department projects to build or enhance experience workflows related to the department
• Proactively review audit controls to mitigate risk, remove redundant requirements, and increase transparency with audit partners
• Proactively assist with large-scale projects and transformation effortsPlan and champion initiatives that enhance the advisor experience and positively impact the broader LPL organization

What are we looking for?

We're looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements

• 3+ years of experience in operations roles
• Financial services experience preferred

Core Competencies

• Customer-centric focus with a strong work ethic
• Excellent verbal and written communication skills
• Strong organizational and critical thinking skills
• Attention to detail with a problem-solving and process improvement mindset
• Ability to present complex information clearly and concisely
• Self-motivation, adaptability, and responsiveness to coaching and training

Preferences

• Knowledge of Oracle (ComReg) functionality, Tumbleweed, and Salesforce preferred
• MS Office, with advanced Excel skills including formulas, macros and Pivot tables
• Working knowledge of process improvement methodology (Lean, Agile, Six Sigma) preferred
• Alteryx and Varicent experience would be a plus
• FINRA Securities Industries Essentials (SIE) Certification (preferred)
• Bachelor's Degree

Pay Range

$21.00-$34.96/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) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, 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.

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 [phone].

EAC 5.19.26