Associate Financial Rotational AnalystApply Job ID: R-007757 Date posted: 09/30/2019 Primary Location SC-Fort Mill
Key Finance Rotations (Analysts will complete 3 rotations among the following):
Financial Planning and Analysis (FP&A) directs budgeting, forecasting, and analytical processes that support LPL’s financial health and business strategy.
Corporate FP&A oversees gross profit forecasting, board communications, corporate goals, and key performance indicators (KPIs), among other functions. The team also collaborates with Divisional FP&A to set budget targets. Divisional FP&A handles the annual budget, monthly forecast, and actual financial results at the divisional level. The team works with business partners to understand financial needs, strategic initiative effects, and key business drivers. Business Analytics & Reporting (BAR) manages the administration, maintenance, and development of FinTech solutions, including EFA, Hyperion, and Alteryx. It’s also responsible for metrics and reporting Technology Investment Portfolio group drives Investment Committee processes, including business cases and project tracking.
Capital Management oversees LPL’s liquidity, funding, and capital through balance sheet management, M&A, and Capital Markets. The department also provides capital solutions to help advisors successfully manage and grow their practices.
Advisor M&A and Capital Solutions helps fund advisor firm mergers and acquisitions and guides advisors through the due diligence and negotiating processes; leverages LPL's balance sheet to provide advisors access to capital for growth. Advisor CFO Solutions works with LPL advisors to create a customized plan to help them grow, improve business efficiency, and increase the value of their business using data, insight, and strategy Corporate M&A develops and executes the firm’s merger and acquisition (M&A) strategy. This includes scale acquisitions, such as assets and advisors from other broker-dealers, and capability acquisitions, such as technologies or capabilities that support the firm’s M&A strategy. Capital Markets and Capital Management ensures compliance with debt covenants, manages dividend payments and share repurchase programs, and makes recommendations on the disposition of company-owned securities.
Desired Qualifications Include:
- Financial modeling, analysis, and Microsoft Excel skills
- Knowledge of basic accounting & finance concepts
- Strong communication required
- Highly motivated and able to perform in a fast paced, dynamic environment
- Presents well, independently solves problems, and works well on a team
- Demonstrated knowledge of LPL platform, products, industry, and services a plus
About LPL Financial:
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL and its affiliates have more than 3,700 employees with primary offices in Boston, Charlotte, and San Diego.
If you join LPL, you will join a culture that believes in delivering a world-class client experience and looks to all employees to contribute to that goal by sharing their creativity, experience, and passion for continuous improvement. As a destination of choice, our top priorities are growth and development, social responsibility, and financial health for our employees.
We offer competitive compensation and industry leading benefits, including a wellness facility with onsite fitness classes, healthy meal choices, and a walk-in clinic. We support employee financial health through a 401k match, ESPP, and employee discounts. Work/life balance is our foundation and is supported through paid holidays, and paid time off (including time to volunteer). We foster a diverse work environment through Employee Resource Groups and diverse strategic partnerships.
Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please login or create an account to apply to this position. Principals only. EOE
*As reported by Financial Planning magazine, June 1996-2017, based on total revenue.