Senior Investors Associate Analyst
About The Position
The LPL Senior Investor Protection (SIP) team performs a critical function in ensuring that LPL complies with FINRA rules as well as regulations set forth by state and federal law relating to monitoring, identifying, investigating, and reporting diminished capacity and elder financial exploitation concerns as it relates to senior investors and vulnerable adults. SIP reports to and provides state agencies (Adult Protective Services, law enforcement, and securities regulators) with key information obtained through an investigation to not only meet the firm’s mandatory reporting obligations, but to also stop fraudulent activity in an effort to protect client’s, advisors, and LPL. The SIP Analyst will be responsible for assisting with incoming case entry and review, interacting with advisors to gather additional information, state reporting and general team support.
Requirements
- Bachelor’s Degree and/or equivalent experience preferred
- 2-3 years experience in reviewing transactions in bank and/or brokerage accounts preferred
- Regulatory Compliance, working knowledge of FINRA Rule 4512, FINRA Rule 2165, and state laws relating to identifying and reporting elder financial exploitation preferred
- Professional licenses/certifications (i.e., FINRA Series 7, CAMS, CFE) preferred
- Critical thinking
- Time Management
- Decision Making
- Case Management
- Written and oral communication
- Presentation and reporting skills
Responsibilities
- Monitor and support the department group mailbox, manage new case intake, including review for completeness and entry into Mantas
- Respond to advisors with additional state specific information, general information requests
- Assist the team with mandatory state reporting as needed
- Assist SIP management with any ad hoc projects or initiatives including but not limited to general QC of offshore team, QC of completed SIP team cases
- Provide clear and effective communication with financial advisors, relationship managers, branch associates and others as needed
- Support relationships building with internal business partners such as Supervision, Legal, AML, and Investigations to coordinate reviews and enhance advisor experience
- As needed, act as a liaison during investigations to local, state, and federal agencies on reporting and inquiries
- Participate in trainings that may include webinars, periodicals, and self-study in order maintain knowledge of applicable laws and regulations, specifically relating to elder financial exploitation
Benefits
- 401K matching
- health benefits
- employee stock options
- paid time off
- volunteer time off
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
