Analyst Corporate Actions

LPL Financial•Tempe, AZ

2d•$28 - $46

About The Position

The Corporate Actions team handles dividends, reorganizations, money market, proxies, restricted securities, and cash and bank functions. The Analyst supports the design, implementation, and ongoing support of these functions. The role uses data analysis, project management, reporting tools, and technology to analyze business requirements, track project status, and translate business needs into technical requirements. Strong interpersonal, organizational, and written and verbal communication skills are important.

Requirements

3–5 years of industry experience, preferably in corporate actions, in Operations, Compliance, or Risk Management.
Proficiency with Microsoft applications, particularly Excel (VBA) and Access.
Ability to work independently in a fast-paced environment while managing multiple priorities.
Ability to work and communicate effectively with people at various levels throughout the organization.
Ability to learn multiple aspects of the financial services industry and understand how they connect.
Excellent verbal and written communication skills.
Strong time-management and organizational skills.

Nice To Haves

Series 7.
Bachelor’s degree in accounting, finance, or economics from an accredited university or college, or equivalent industry experience.
Knowledge of SQL or Alteryx.

Responsibilities

Manage quality and risk control processes, including monitoring systems, vendor oversight, and review of daily processing work performed by onshore and offshore teams.
Reconcile and report clearance accounts to ensure allocations from depositories are properly allocated, and prepare additional reporting such as FRC and reserves.
Submit elections to repositories and agents accurately and on time.
Communicate with internal departments and external parties, including contra brokers, transfer agents, issuers, vendors, and partners.
Support internal audits by providing documentation and demonstrating compliance with key and non-key controls during walkthroughs.
Handle escalations from the Service Center and Advisors, using sound judgment and keeping the manager informed about issues.
Develop risk-based mitigation approaches that may result in changes to functions and departmental requirements.
Review processes and procedures to identify improvements that mitigate risk, increase efficiency, and ensure consistency for Advisors and Clients.
Recognize issues, problems, and opportunities; seek others’ perspectives, re-examine assumptions, and develop creative solutions.
Make connections and offer creative recommendations for solving business challenges.