Associate Analyst Client Compensation

LPL Financial LLC; United States; On-site; USD 60,174,000 - 100,175,000; Full time

Benefits offered by this job

401K matching

health benefits

employee stock options

paid time off

volunteer time off

Job summary

LPL Financial Holdings Inc. is seeking an Associate Client Compensation Consultant to support the processing of advisor commissions and related payouts.

The role develops SME expertise in payout rules, products, sponsors, and billing while coordinating with fund companies to resolve complex commission issues and ensure timely payments. The position emphasizes cross-functional collaboration, attention to detail, and process improvement to enhance advisor experiences and optimize payout workflows

Qualifications

• Bachelor's Degree, 3+ years of operations experience in financial services.
• MS Office with advanced Excel: formulas, macros, Pivot tables.
• Knowledge of Oracle (ComReg), BETA, Tumbleweed, Salesforce preferred.
• Core competencies: customer-centric, strong work ethic.
• FINRA SIE certification preferred.
• Excellent verbal and written communication skills.
• Lean, Agile, Six Sigma process improvement knowledge preferred.
• Strong organizational and critical thinking skills.
• Attention to detail with problem-solving mindset.
• Ability to present complex information clearly and concisely.
• Self-motivation, adaptability, and responsiveness to coaching.

Responsibilities

• Develop expertise in Client Compensation Operations processing and procedures.
• Serve as dedicated liaison, owning Client Compensation escalations.
• Process transactions with precision to ensure accurate and timely payments.
• Own and supervise firm-wide, multi-department projects to enhance workflows for the department.
• Proactively review audit controls to mitigate risk and increase transparency with audit partners.
• Assist with large-scale projects and transformation efforts.
• Plan initiatives that enhance the advisor experience and positively impact LPL.

Skills

Customer-centric

Communication skills

Adaptability

Self-motivation

Problem solving

Education

Bachelor's degree

Tools

MS Office/Excel

Oracle (ComReg)

Tumbleweed

Salesforce

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.

As an Associate Client Compensation Consultant 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 efforts
• Plan and champion initiatives that enhance the advisor experience and positively impact the broader LPL organization

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, 3+ years of experience in operations roles within the financial services industry
• MS Office, with advanced Excel skills including formulas, macros and Pivot tables
• Knowledge of Oracle (ComReg) functionality, BETA, Tumbleweed, and Salesforce preferred
• Core Competencies: Customer-centric focus with a strong work ethic
• FINRA Securities Industries Essentials (SIE) Certification (preferred)
• Excellent verbal and written communication skills
• Working knowledge of process improvement methodology (Lean, Agile, Six Sigma) preferred
• 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

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.

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.

• 401K matching
• health benefits
• employee stock options
• paid time off
• volunteer time off

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.

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 LPL Financial is the nation’s largest independent broker-dealer.* Our company is widely known for its financial strength, exceptional service, and favorable industry reputation among financial professionals. To understand who we are, it’s important to know our core belief: financial guidance is a fundamental need for everyone. LPL Financial creates the space to let you do what you do best – create personal, long-term client relationships that turn financial aspirations into realities. Each year, thousands of financial professionals successfully manage billions of dollars in assets. Because our company is not too big and not too small, you can seize the opportunity to make a real impact. To learn more about our organization visit our About LPL page. * As reported by Financial Planning magazine, June 1996-2019, based on total revenue.

EOE.

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