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Sr. Analyst, Compliance Testing

LPL Financial

LPL Financial

IT, Legal
Multiple locations
Posted on Thursday, June 27, 2024

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 22,000 financial advisors, 1,100 institution-based investment programs, and 500 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.

Role Overview:

The Compliance Testing Sr. Analyst is a key member of the Compliance Testing Team and is responsible for assessing compliance risk and evaluating the design and/or operating effectiveness of the firm’s compliance control framework. The Role is responsible for leading execution of compliance testing engagements and supporting the development of the compliance testing team’s methodology and function.

Responsibilities:

  • Lead engagements to conduct a risk-based evaluation of the design and effectiveness of processes and controls to mitigate risks from non-compliance with rules, laws and regulations

  • Support the development of the testing methodology to assess control frameworks against compliance risks and regulatory obligations

  • Demonstrate intellectual curiosity and utilize critical thinking and deductive logic to identify control gaps or areas of weakness to mitigate risk across the firm

  • Maintain and enhance skills through ongoing education, including internal and external training activities, to support the team’s and companies needs

  • Perform other duties and complete ad hoc projects timely and professionally as assigned by Compliance Testing Leadership

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:

  • BA/BS degree

  • Knowledge of broker-dealer and/or investment advisor regulatory obligations

  • 3+ years experience conducting risk assessments and / or testing for a financial services company

  • Ability to work with and communicate effectively to various levels throughout the organization through regular interaction with Senior and Executive Management across LPL

  • Strong writing skills, with report writing experience preferred

Preferences:

  • FINRA Series 7, 66, and 24 registrations, or similar, and/or applicable audit designations (e.g. CPA, CIA, CFE, CISA) or other related certification

  • Ability to work independently to drive testing engagements forward with minimal oversight

  • Strong analytical skills with high attention to detail and accuracy

  • Ability to build strong relationships to foster partnerships with team members and other departments across the firm


Pay Range:

$72,720-$109,080/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

Want to see info on our benefits? Learn more here

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.