Associate Analyst - Corporate Actions

About the role

We are seeking a candidate with 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 teams, and external parties.

Responsibilities

• Leverage technology to automate manual work and simplify processes where feasible 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, including transfer agents, issuers, and legal counsel, to determine 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 mailboxes, research inquiries from advisors and service teams, and process service requests.
• Support and contribute to projects and initiatives that align with LPL’s priorities, including participation in UAT.
• Perform 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 communication (written and verbal) 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.

Qualifications

Preferred qualifications include a BA/BS (or equivalent work experience) and FINRA SIE, 99, or 7 licenses.

Pay

Pay range: $24.71–$41.15/hour. Actual base salary varies based on factors such as relevant skills, prior 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.