Associate Analyst, Custody

LPL Financial • Charlotte, NC

1d

About The Position

The Associate Analyst within LPL Financial’s Custody department provides problem-solving, reporting, project, and training support, primarily related to physical securities management. The role requires foundational knowledge of Custody team processes and supports management and senior colleagues with feedback and implementation of updated processes. The Associate Analyst also supports project work, processes mergers and acquisitions from the Custody team, and contributes to business growth in the securities space.

Requirements

• At least 2 years of experience in the brokerage and financial services industry.
• At least 2 years of experience in customer service, in retail or a call center.
• Proficient analytical and problem-solving skills with keen attention to detail.
• Skill with Microsoft applications, particularly Excel, Word, and PowerPoint.
• Excellent oral and written communication skills.
• Ability to perform under pressure with competing deadlines.

Nice To Haves

• Experience with quality control or quality assurance.
• Experience with securities transactions.
• Experience processing physical documents.
• Experience handling minor escalations.
• Microsoft Excel experience working with macros.
• FINRA SIE or securities registration.
• Bachelor’s degree from an accredited university.

Responsibilities

• Communicate complex issues verbally and in writing to management, internal and external vendors, and customers.
• Balance, reconcile, and research breaks related to DTC and the Foreign Custodian.
• Serve as a subject-matter expert across Custody functions and assist junior staff with guidance.
• Perform Key and Non-Key Controls relating to physical securities management in a tightly controlled environment.
• Generate reports and track trend numbers.
• Train junior staff on Custody functions.
• Work with management and analysts to test and implement updated processes.
• Support core processing across functions when staffing needs arise, including fielding subject-matter-specific calls from CXOne.
• Provide primary assistance with maintaining Policies and Procedures.
• Support management with project-based work and process mergers and acquisitions from the Custody team.

Benefits

• 401(k) matching
• Health benefits
• Employee stock options
• Paid time off
• Volunteer time off

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed