Sponsor Compliance Analyst — Reimbursement & Regulatory Expert

lplfinancial; Fort Mill (SC); On-site; USD 75,000 - 125,000; Full time

Benefits offered by this job

401K matching

Health benefits

Employee stock options

Paid time off

Volunteer time off

Job summary

LPL Financial in Fort Mill, SC is seeking a Sr. Analyst to review, evaluate and approve sponsor reimbursement submissions from OSJs and financial advisors for events and trainings, ensuring adherence to firm policies and FINRA Non-Cash Compensation rules.

You will partner with OSJs, advisors and product sponsors, process reimbursements through commissions, provide consultative support, prepare advisor materials and lead training sessions, while tracking performance and generating reports.

Qualifications

• Bachelor's Degree in Finance, Business Administration or related.
• Minimum 3+ years working within compliance programs in the financial services industry.
• Intermediate experience with Excel and Powerpoint.

Responsibilities

• Perform comprehensive reviews of required documentation submitted by OSJs, financial advisors and product sponsors to confirm expenses proposed for sponsor reimbursement fully meet firm policies and procedures.
• Partner with OSJs, financial advisors, product sponsors and LPL Commissions to process approved reimbursements to be paid through the commissions systems.
• Interact with internal and external partners as needed to provide consultative support and research and resolve issues.
• Provide best in class advisor assistance as it relates to reimbursement activities and documentation requirements.
• Provide support to large institutional clients by guiding sponsor reimbursement and gifts & entertainment requests through established requirements, coordinating with key stakeholders, and resolving complex or escalated matters efficiently.
• Drive updates to policies and procedures to enhance Sponsor Compliance efforts.
• Creates and manages advisor support materials, including user guides, Resource Center updates, training resources, procedural documentation, advisor one-pagers, and required forms.
• Provides training sessions and educational presentations for advisor offices, supervision teams, and internal business partners through virtual platforms as needed.
• Track work internally for individual and team operational performance metrics.
• Provide reporting on an as needed basis for trend analysis and oversight.

Skills

Analytical

Communication

Organizational skills

Multi-tasking

Education

Bachelor's Degree in Finance/Business Administration

Tools

Excel

PowerPoint

Word

SharePoint

Job description

LPL Financial in Fort Mill, SC is seeking a Sr. Analyst to review, evaluate and approve sponsor reimbursement submissions from OSJs and financial advisors for events and trainings, ensuring adherence to firm policies and FINRA Non-Cash Compensation rules.

You will partner with OSJs, advisors and product sponsors, process reimbursements through commissions, provide consultative support, prepare advisor materials and lead training sessions, while tracking performance and generating reports.