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Senior Analyst, Alternative Investment Due Diligence

LPL Financial

LPL Financial

IT
Multiple locations
Posted on Saturday, January 6, 2024

Are you a team player? Do you have experience with alternative investments due diligence? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

The Senior Analyst, Alternative Investment Due Diligence is responsible for aiding in the sourcing, review and on-going monitoring of illiquid alternative products for the LPL platform. The role will involve collaboration with multiple internal groups and require strong analytical, organizational, and problem solving skills, as well as the ability to work within tight deadlines. The senior analyst will contribute to the WMS group’s goals of delivering a highly competitive set of investment solutions.

Responsibilities:

  • Supporting the initial due diligence and ongoing oversight of approved alternative investment managers available for use by LPL Financial advisors.

  • Support product committee approvals, the creation of product-level and asset-class educational materials, and various special projects. Investment Products supported include non-traded real estate products, business development companies, closed-end/interval funds, private equity, hedge funds, and other similar products.

  • Passion for investing and tireless intellectual curiosity regarding public and private markets and alternative investments of all types. T

  • Take initiative and following through on projects independently as well as work as working as part of a team in a fast-paced environment. The right candidate will demonstrate self-motivation, high-energy, tenacity, perseverance, attention to detail, and a passion for investing.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

  • 3+ years experience in the financial services industry, ideally at a broker/dealer

  • 2 years experience working with alternative investments

  • Experience performing due diligence and/or oversight of illiquid alternative investment products

  • FINRA Series 7 and 66 license required (either have or be willing to obtain soon after hiring)

Core Compentencies:

  • A passion for investing and a dedication to continuous learning and improvement

  • Ability to think creatively about investments including due diligence, managers, and the markets in which they invest

  • Demonstrate self-motivation, high-energy, tenacity, perseverance, attention to detail, and a passion for investing.

  • Solid analytical skills, good judgment, and a high tolerance for change

  • Discipline, organization, flexibility

  • Unimpeachable ethical standards, with an innate ability to build trust and strong relationships

Preferences:

  • Progress toward a CFA designation and/or MBA


Pay Range:

$94,640-$141,960/year


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!


Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

Want to hear from our employees on what it’s like to work at LPL? Watch this!

We take social responsibility seriously. Learn more here

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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 (800) 877-7210.