Lending Specialist

Job Overview

The Lending Specialist role is integral to the Banking & Lending organization at LPL Financial. Our goal is to be the best in Wealth Management through innovative solutions like the Secured Credit Account (SCA), a securities-based line of credit designed to help advisors meet their clients' financial needs.

Responsibilities

• Serve as SCA and margin product expert and support Advisor inquiries, including product characteristics, benefits, risks, and positioning.
• Support Advisors with inquiries and requests impacting other LPL service and support teams, and resolve client issues, concerns, and time-sensitive requests.
• Support Advisors in client meetings related to SCA and Margin.
• Manage interest rate discount requests for SCA and Margin.
• Manage lending product policy exception requests and escalations.
• Collaborate with Regional Banking and Lending Consultants to help new Advisors transition external client loans to LPL.
• Provide feedback and suggestions for continuous improvement to the Product Manager, Lending Solutions.

Requirements

• Bachelor's degree in Finance, Business Administration, or a related field.
• 5+ years of experience within financial services (preferably in a wealth management context).
• Strong knowledge of securities-backed lending and margin.
• Series 7 License or ability to obtain within 90 days (preferred).
• Track record of providing exceptional support and service to client-facing financial professionals and their teams.

Core Competencies

• Verbal and written communication skills.
• Strong desire and ability to solve problems and find creative solutions to meet Advisor and client needs.
• High commitment to owning the end-to-end resolution of issues that involve multiple LPL teams.
• Highly organized with proven ability to prioritize multiple tasks.
• Able to listen carefully and respond emphatically and effectively.
• Ability to learn, assimilate, and communicate information effectively.
• High intellectual curiosity.
• Prior proven ability to build strong relationships with colleagues and Advisors.
• Ability to work in a fast-paced, dynamic environment with a focus on results.

Pay Range

$63,242.00 - $105,369.00

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is a leading wealth management firm supporting over 32,000 financial advisors and approximately 1,100 financial institutions, managing approximately $2.3 trillion in brokerage and advisory assets. LPL offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services to ensure advisors and institutions have the flexibility to tailor their businesses to their needs. For more information, visit www.lpl.com.