Analyst, Corporate Actions
About The Position
The Corporate Action team comprises of dividends, reorg, money market, proxies, restricted security, and cash & bank functionalities. The ideal candidate will need to understand data analysis, project management, and reporting tools and technology in general to effectively analyze business requirements, track project status, and translate business needs into technical requirements. The candidate will also need strong interpersonal, organization and communication skills (written and verbal) to be effective in the role. What are we looking for? We're looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.
Requirements
- 3-5 years of industry experience (preferably corporate actions) in Operations, Compliance or Risk Management
- All Microsoft applications, particularly VISIO, WORD, ACCESS, PowerPoint and Excel (VBA)
Nice To Haves
- Series 7 preferred
- Bachelor's degree in accounting, Finance, or Economics from an accredited University or College or equivalent industry experience
- SQL or Alteryx knowledge
Responsibilities
- Risk Management - Responsible for quality and risk control processes for monitoring systems, vendor oversite, and review of daily processing work for on and offshore team
- Reconciliation and reporting of clearance accounts to ensure all allocations from our various depositories have been properly allocated. Additional reporting such as FRC and reserves
- Responsible for timely and accurate submission of elections to various repositories and agents
- Communicate with other internal departments as well as external 3rd parties including, but not limited to, contra brokers, transfer agents, issuers, vendors, and partners
- Participate in internal audits by providing documentation and demonstrating compliance of all key and non-key controls in walkthroughs
- Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure
- Coordinate and lead training at a group or individual level.
- Handle escalations by both the Service Center and Advisors; exercise superior judgement in keeping manager informed about issues
- Attend and participate in reorganization industry focus group meetings with various companies and vendors
- Understand and Interpret rule modifications in an ever-changing regulatory environment, and the business needs of LPL, our advisors, and other departments
- Develop risk-based mitigation approaches that may yield changes to functions, and departmental requirements
- Review processes and procedures to identify areas of improvement to mitigate risk, increase efficiency and ensure consistency to Advisors and Clients
- Recognizes issues, problems, or opportunities and determines whether action is needed. Seeks the perspective of others and re-examines assumptions to creatively solve problems and generate solutions
- Technology and Systems Management - Participate and implement departmental projects as well as coordinating and performing User Acceptance Testing and script writing
- Makes connections & offers creative recommendations on how to solve business challenges
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
5,001-10,000 employees
