Associate Data Recon Analyst, Performance and Data Recon

Job Overview

The Associate Data Recon Analyst provides Advisory Accounting support to the Performance and Data Reconciliation (PDR) department by identifying, troubleshooting, and solving accounting and data issues. This role works closely with both Analysts and Senior Analysts to document and maintain department processes and procedures.

Responsibilities

• Owning accountability to fulfill and complete reconciliation breaks within strict service level agreement (SLA) guidelines.
• Working effectively and efficiently through month-end transactional and performance quality controls.
• Supporting data flow management and quality control to ensure processing of investment data into downstream systems.
• Identifying, troubleshooting and solving for accounting and data related issues.
• Analyzing and addressing abnormalities that impact fee billing calculations with comprehension of monthly rate of returns.
• Supporting process improvement, creation, documentation, and implementation; partnering with Analysts and Senior Analysts to maintain and update department procedures.
• Supporting the team in problem solving and root cause analysis.
• Organizing processes and tracking progress toward team and individual goals.
• Validating performance returns using time- and money-weighted performance calculations.

Requirements

• Bachelor's degree (Finance preferred)
• Microsoft Suite with advanced Excel skills (lookups, pivot tables, formulas, etc.)
• Basic SQL knowledge
• Database management experience
• Multi-sleeve reconciliation skills

Core Competencies

• Understanding of complex financial vehicles
• Time management organizational skills with the ability to work independently
• Professionalism in a virtual environment, along with a team-oriented mindset and engagement
• Versatility in verbal and written communications
• Attention to detail with a proactive approach to solving and preventing problems
• Motivated and agile; able to adapt to changing priorities

Pay Range

Pay Range: $23.27-$38.82/hour Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more.

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6), LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.