Associate Analyst - Corporate Actions

About the Role

We are seeking a candidate with previous experience in the financial services industry, preferably with a background 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 to create a scalable, flexible, and efficient infrastructure.
• Understand and interpret regulatory requirements and industry updates in an ever-changing regulatory environment, aligning with the business needs of LPL, our advisors, and other departments.
• 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 review security and suspense transactions adhering to established quality control measures.
• Analyze downgraded or new 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 requirements and eligibility for restriction removals and re-registrations.
• Partner with Financial Professionals and external companies to facilitate Employee Stock Option Exercises.
• Communicate effectively with internal departments and external third parties (e.g., contra brokers, transfer agents, issuers, vendors) to resolve issues, broker and ACAT fails, or submit claims.
• Serve as a subject matter expert (SME) on operational policies and procedures, assisting with the review and update of Training Manuals.
• Handle inbound calls and team mailbox, research, and reply to inquiries from advisors and service teams.
• Research and process service requests created by service teams.
• Support and contribute to the successful execution of projects and initiatives that align with LPL’s priorities, including participation in UAT.
• Complete other assignments as required by Management.

Requirements

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

Skills

• 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 communication skills for interacting with advisors, internal/external parties, vendors, 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 including relevant skills, prior experience, education, internal peer salaries, demonstrated performance, and geographic location.

Benefits

LPL offers a highly competitive Total Rewards package designed to support success at work, at home, and at play. Benefits include 401K matching, health benefits, employee stock options, paid time off, and volunteer time off.