Analyst, Ops Tax & Cost Basis

About the role

The Government Reporting team handles cost basis and tax reporting functionalities. The tax reporting component ensures IRS client tax reporting forms are issued and mailed accurately and timely, while the cost basis component manages the receipt, maintenance, and delivery of tax lots used to calculate cost basis. The Cost Basis and Tax Analyst conducts routine analysis and tests of quality‑control programs that include data analysis, systems evaluation, and quality technology, requiring an understanding of operational processes, dependencies, and control points.

Responsibilities

• Support and, at times, lead initiatives to improve and enhance the advisor experience while positively impacting the broader LPL organization.
• Share trends and pain points with leadership and business partners to find solutions and pursue process improvements.
• Resolve escalated issues and review for training opportunities.
• Support internal/external audit and risk‑management review of QC processes as needed.
• Analyze reports and data to determine actionable business intelligence with strong attention to detail.
• Maintain processes and improve operational efficiency.
• Innovate, test, and launch new ideas to solve complex business problems.
• Work closely with internal LPL departments on different projects and initiatives.
• Assist with audit reviews, collection of data, and materials for regulators and/or internal audit.
• Offer creative recommendations on how to solve business challenges.
• Recognize issues, problems, or opportunities and determine whether action is needed.
• Lead projects and UAT testing on behalf of the business.

Requirements

• 3+ years of financial services experience.
• Proficiency with Microsoft applications, particularly Excel and Access.
• Excellent verbal and written communication skills.
• Ability to work independently in a fast‑paced environment with multiple priorities.
• Attention to detail with a proactive approach to solving and preventing problems.

Preferences

• Bachelor’s degree.
• FINRA licenses.
• Retirement account tax reporting and cost basis experience.

Pay

Hourly rate: $25.75‑$42.88. Actual base salary varies based on factors such as relevant skill, prior experience, education, internal peer salary, demonstrated performance, and geographic location.

Benefits

• 401(k) matching.
• Health benefits.
• Employee stock options.
• Paid time off.
• Volunteer time off.
• Additional components of LPL’s Total Rewards package designed to support success at work, at home, and at play.

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest‑growing wealth‑management firms in the United States. It supports over 32,000 financial advisors and the wealth‑management practices of approximately 1,100 financial institutions, servicing and custodying roughly $2.3 trillion in brokerage and advisory assets for about 8 million Americans. LPL offers a wide range of advisor affiliation models, investment solutions, fintech tools, and practice‑management services, giving advisors and institutions the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For more information, visit www.lpl.com.