Associate Lending Specialist

LPL Financial; United States; Remote; USD 34,453 - 57,377; 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 Lending Specialist to support our lending solutions in a remote full-time position. The role involves assisting Advisors with inquiries related to securities-based lending, ensuring client satisfaction and effective operational support.

The ideal candidate will have at least 3 years of experience in the financial services sector, with a focus on wealth management. If you are a team player who thrives in a dynamic environment, we invite you to apply.

Qualifications

• 3+ years of experience within financial services, preferably in wealth management.
• Knowledge of securities-backed lending and margin.
• Experience providing exceptional support to client-facing financial professionals.

Responsibilities

• Support Advisor inquiries regarding SCA and margin products.
• Help resolve client issues and requests.
• Transition external client loans to LPL.

Skills

Verbal and written communication skills

Problem-solving ability

Organizational skills

Education

Diploma in a related field

Job description

Remote · US Only Full-time $25.01/hr – $41.65/hr

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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.

The Associate Lending Specialist

is a critical role within the Banking & Lending organization. Our aspiration at LPL is to be the best firm in Wealth Management. To deliver on this, we are investing in best-in-class banking and lending solutions that will help advisors to serve their clients’ needs more holistically.

In this role, you will have the unique opportunity to support our portfolio of lending solutions and drive adoption within LPL’s industry-leading distribution network. Your primary focus will be to support our new Secured Credit Account (SCA) is a securities-based line of credit which provides Advisors with a new liquidity tool to help their clients take advantage of an opportunity to invest in a new business or real estate or meet an unexpected expense – all without disrupting their investment portfolio strategy. You will be part of a team that plays a critical role in the day-to-day operation of SCA and the delivery of an exceptional Advisor experience.

Responsibilities

• Serve as SCA and margin product expert and support Advisor inquiries, including, but not limited to:
• Key product characteristics, benefits, and risks;
• How to use the systems and technology that support these products over the product life cycle from loan origination, loan draws, loan payments, to account closure; and
• Product policies and procedures.
• Serve as first point of contact to help Advisors with inquiries and requests to resolve client issues, concerns, and time-sensitive needs.
• Support the transition of external client loans to LPL.
• Provide feedback and suggestions for continuous improvement to the Product Manager, Lending Solutions.

What are we looking for?

We’re looking for strong collaborators and team players who 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

• Diploma, or a related field.
• 3+ years of experience within financial services (preferably in a wealth management context) with knowledge of securities-backed lending and margin.
• Experience providing exceptional support and service to client-facing financial professionals and their teams.

Core Competencies

• Verbal and written communication skills.
• Strong desire and ability to solve problems and meet Advisor and client needs.
• High commitment to owning the resolution of issues.
• Highly organized with proven ability to prioritize multiple tasks.
• Ability to listen carefully and respond emphatically and effectively.
• Ability to learn, assimilate, and communicate information effectively.
• Ability to work in a fast-paced, dynamic environment with a focus on results.

Pay Range

$25.01-$41.65/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.

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.