Senior Operations Specialist

Where Ambition Meets Innovation:

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview:

The Cash Management Retirement Senior Operations Specialist is responsible for complex escalations to ensures the policies and procedures regarding the movement of assets and securities in Retirement accounts are followed and can make decisions related to escalations while balancing risk tolerance. Additionally, this role is key to the training of new associates to ensure they are prepared to process move money request accurately and efficiently. This role requires a solid understanding of IRS regulations and rules related to Retirement move money transaction and the ability to educate.

Responsibilities:

• Handles high level/complex escalations by understanding the request, taking appropriate action and providing rational to resolve while keeping management informed

• Provide trend analysis on processing queues and escalating as appropriate

• Ability to make decisions while weighing risk tolerance

• Facilitate the training of new team members using multiple methods to include updated training guides, shadowing and on-going processing support

• Identify opportunities for training gaps within the team to work towards a solution and resolve

• Understanding of IRS rules and regulations related to contributions and distributions in Retirement Accounts

• Problem solve and conduct research on advisor related questions and escalations using a variety of tools

• Consistently research, review and update department procedures to ensure they are aligned with IRS regulations

• Assist with quality assurance reviews

• Review, prepare and process complex retirement move money request to include RMD, Removal of Excess, Recharacterizations and Qualified Retirement Plan transactions

• Actively participate in user acceptance testing for enhancements to current systems/processes

• Proactively educate internal business partners and advisors on products and processes including necessary updates to intranet and advisor facing resources

• Identify opportunities for process improvement and take ownership of implementation

• Work collaboratively and efficiently with others in a fast pace, evolving environment

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:

• 1+ years of financial services experience

• 1+ years of customer service experience

• Experience with Microsoft Suite

Core Competencies:

• Verbal and written communication skills

• Time-management skills

• Attention to detail

• Effective collaboration across departments

• Decision-making skills

Preferences:

• Data analysis skills

• Experience with BETA, Documentum, Clientworks

• MS Excel and Dynamics experience

• Experience managing work queues, mailboxes, and doing research

• Bachelor’s Degree

#LPL-PA #LPL-H1

Pay Range: $17.23-$28.72/hour

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, 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. Your recruiter will be happy to discuss all that LPL has to offer!

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

EAC 5.19.26