Associate Analyst, Corporate Actions

About the Role

We are seeking a candidate with experience in the financial services industry, particularly in dividends (mutual fund or equity), corporate action events (including voluntary/mandatory reorg events), restricted security processes, proxy, and/or shareholder communications. This advisor-facing role requires strong interpersonal and communication skills to support inquiries from advisors, internal and external parties.

Responsibilities

• Leverage technology to automate manual work and simplify processes for scalability and efficiency.
• Interpret regulatory requirements and industry updates to align with LPL’s business needs and advisor expectations.
• Perform daily quality control, exception review processing, and reporting.
• Analyze and manage the firm’s DRIP program, ensuring compliance with industry guidelines.
• Research and escalate allocation issues to domestic and foreign depositaries.
• Reconcile suspense and clearance accounts, resolving breaks and reviewing security/suspense transactions.
• Analyze corporate action events, update or draft terms, and communicate key information to advisors for domestic and foreign securities.
• Research restricted stock certificates with third parties (e.g., Transfer Agents, Issuers, Legal Counsels) to determine eligibility for restriction removals and re-registrations.
• Partner with Financial Professionals and external companies to facilitate Employee Stock Option Exercises.
• Communicate with internal departments and external parties (e.g., contra brokers, transfer agents, issuers) to resolve issues, broker/ACAT fails, or submit claims.
• Serve as a subject matter expert (SME) on operational policies and procedures; assist in reviewing and updating Training Manuals.
• Handle inbound/outbound calls and team mailboxes; research and respond to advisor and service team inquiries.
• Process service requests created by service teams.
• Support projects and initiatives aligned with LPL’s priorities; participate in UAT.
• Perform other assignments as required by Management.

Requirements

• 3+ years of financial and/or brokerage industry experience, preferably in operations.
• Proficiency in Microsoft applications, particularly Excel and Outlook.

Core Competencies

• Excellent problem-solving skills and strong attention to detail.
• Ability to analyze data, draw insights, and make data-driven decisions.
• Ability to multi-task with competing priorities, changing demands, and tight deadlines.
• Effective and proactive communicator with strong written and verbal skills for advisors, internal/external parties, and management.
• Ability to execute strategies and track successful delivery.
• Positive attitude with a commitment to excellence and integrity.

Preferences

• BA/BS degree or equivalent work experience.
• FINRA SIE, 99, or 7 licenses preferred.

Pay

Pay Range: $24.71–$41.15/hour. Actual base salary varies based on factors such as relevant skills, experience, education, internal peer salaries, demonstrated performance, and geographic location.

Benefits

LPL offers a competitive Total Rewards package, including 401K matching, health benefits, employee stock options, paid time off, and volunteer time off.